Debevoise & Plimpton has posted a 2 per cent rise in total revenue for the 2013 financial year, with turnover growing from $675.43m to $688.2m. Average profit per equity partner (PEP) stood at $2.31m last year, an 11 per cent rise on the previous year’s $2.075m while net profit was $318.78m, up more than 7 […]
Allen & Overy recently hosted a panel debate on the impact of Shanghai’s free-trade zone (FTZ) at Hong Kong’s China Club. Facilitated by Joseph Tse, head of the law firm’s Greater China practice, the event focused on three key themes: the significance of the establishment of Shanghai’s FTZ for China’s future growth, Renminbi internationalisation and […]
Akin Gump’s 7 per cent rise in turnover for 2013, which it has just posted, is dwarfed by its 16 per cent rise to $31.3m in London. The firm’s chair Kim Koopersmith, who last year put London squarely at the heart of Akin Gump’s international strategy, said the 2013 results were partly thanks to the […]
By Jeremy Bouch On 24 February 2014, deferred prosecution agreements (DPAs) legislation was finally brought into force in respect of a wide range of criminal conduct. DPAs cover bribery, money laundering, theft, false accounting and fraud to offences under legislation as diverse as the Financial Services and Markets Act 2000, the Value Added Tax Act […]
It was announced on 29 January that the UK’s major supermarkets — Asda, Marks & Spencer, Morrisons, Sainsbury’s, Tesco, the Co-operative and Waitrose — have agreed to report on how much food they waste each year. The issue of food waste has become an increasingly hot topic, in particular following Tesco’s announcement last October that it had […]
Restructuring lawyer Claire Sharf has joined Eversheds as a legal director in the law firm’s restructuring team. She previously worked for Pinsent Masons, where she spent 12 years in the firm’s restructuring team. She also spent time on secondment to HSBC. Sharf specialises in workouts, security enforcement and transactions involving distressed companies. She advises clients […]
DLA Piper is representing Norrie in the High Court on 4 March 2014 to defend the right to be recognised as neither male nor female on the NSW Births, Deaths and Marriages register. DLA Piper is representing Norrie on a pro-bono basis. In May 2013, the NSW Court of Appeal made history when it held that […]
Conyers Dill & Pearman has been recognised for its expertise in the Asian legal market, being named ‘Offshore Law Firm of the Year’ at the 2013 China Business Law Awards. Presented in the February issue of the China Business Law Journal, the awards celebrate the key players in China’s legal services industry. In addition to […]
Conyers Dill & Pearman has advised Nomura in connection with the £237m refinancing of the group of companies owned by Camden Market Holding Corp, the owner of the landmark Camden Stables Market and Camden Lock Village. Conyers’ Anton Goldstein, Alison Chilcott Spyer and Patrick Ormond advised on British Virgin Islands law aspects of the loan […]
On 3 April 2014, Allen & Overy will be holding a debate and evening reception to celebrate the launch of the book Gas Price Arbitrations edited by Mark Levy, a partner in the firm’s arbitration group. The motion for the debate will be ‘This house believes that international arbitration is wholly unsuited for resolving gas […]
Singaporean firm Rajah & Tann has taken a team of 14 lawyers from US firm Hunton & Williams’ Bangkok office. The team, which consists of one partner and 13 lawyers, will leave Hunton & Williams to join Rajah & Tann (Thailand), the Bangkok-based local arm of the Singapore firm’s regional network. Their practice areas span […]
Morgan Lewis & Bockius has replaced its executive director position with the role of chief operating officer (COO), taking on Dechert’s COO Anthony Licata. Licata replaces the firm’s longstanding executive director Frank Fee, with the new title pushed through by the firm’s chair-elect Jami McKeon. McKeon has overseen a number of management changes since she […]