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Eight More U.K. Top 30 Firms Size Up Legal Outsourcing Moves
Legal Week
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Some of London's leading law firms are considering outsourcing legal work as increasing numbers of firms look to cut costs by using external providers. Linklaters, SJ Berwin, Freshfields Bruckhaus Deringer and CMS Cameron McKenna are among the eight. Camerons and SJ Berwin have yet to identify which areas they would like to outsource, while Linklaters is considering sending some document review, due diligence, contract development and legal research functions to an outside provider.
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United Kingdom / United States
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Lovells to Move Farther Away From Lockstep Under Planned Merger With Hogan Hartson
Legal Week
- As partners at Lovells and Hogan & Hartson met this week to discuss their planned trans-Atlantic merger in depth, more details emerged concerning the structure of the deal, which would see the two firms integrate governance and remuneration but maintain separate profit pools. The merged Hogan Lovells would bring the two firms' compensation structures into closer alignment, with Lovells implementing a structure similar to Hogan's merit-based model for partner pay.
Netherlands / United States
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Envoy's Speech Signals Softening of U.S. Hostility to International Court
The Associated Press
- In a softening of U.S. hostility to the International Criminal Court, the American war crimes ambassador Stephen Rapp said in a speech Thursday in the Hague that the U.S. is committed to ending impunity for crimes against humanity. The comments marked the first time a U.S. diplomat has addressed the 110-nation Assembly of State Parties, which oversees the court's work and budget.
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- Ropes & Gray's New London Office Gets Role in $5.2 Billion Media Industry Takeover
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- Salans and Proskauer Rose Partners Team Up to Launch New Firm in Paris
Netherlands / United States
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In a First, U.S. Envoy Attends International Court Meeting
The Associated Press
- In The Hague, the United States attended a meeting of the International Criminal Court's management board for the first time Wednesday in a sign it has stopped shunning the world's only permanent war crimes tribunal. The U.S. has not ratified the court's founding treaty, the Rome Statue, partly because of fears the court could become a forum for politically motivated prosecutions of U.S. troops. U.S. war crimes ambassador Stephen Rapp is expected to make a statement to the assembly on Thursday.
Germany / United Kingdom
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Ropes & Gray's New London Office Gets Role in $5.2 Billion Media Industry Takeover
Legal Week
- Ropes & Gray's newly launched London practice has secured a trophy mandate after being instructed to advise cable group Liberty Global on its 3.5 billion euro ($5.2 billion) takeover of Germany's Unitymedia. The U.S. law firm was instructed two weeks ago to handle the high-yield debt backing the acquisition, one of the largest media deals since the credit crunch crippled the leveraged finance market in 2007.
United Kingdom / United States
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Now Joining The Am Law 100: Hogan Lovells
The American Lawyer
- A little more than a month after merger talks were revealed between Hogan & Hartson and British firm Lovells, the two firms have agreed on a new name. Alas, it's not the Harry Potter-esque Hogells. London's Legal Week reports that the two firms have settled on Hogan Lovells. The rebranding will take effect if partners from both firms approve the trans-Atlantic merger of equals as planned by mid-December.
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