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International Legal News - Europe
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Skadden Launches German Capital Markets Practice as Corporate Bond Boom Gathers Pace
The American Lawyer
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Skadden is poised to launch a dedicated German capital markets offering in Frankfurt with the hiring of partners Stephan Hutter and Katja Kaulamo from Shearman & Sterling. The move is part of a strategy to take advantage of growing activity in the corporate bond market, according to Skadden.
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Italy / United States
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K&L Gates Opens Office in Milan
The Legal Intelligencer
- K&L Gates has merged with Italian firm Marini Salsi Picciau to launch an office in Milan with three partners, three associates and three trainees. K&L Gates has added several new offices a year over the past few years, picking up small groups or firms to expand its geographic footprint abroad rather than conduct large-scale mergers.
United Kingdom / United States
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Jones Day and Covington Recruit for London White-Collar Crime Teams
Legal Week
- Jones Day and Covington & Burling are bolstering their white-collar investigations practices in London. Jones Day is bringing in Glyn Powell from the Serious Fraud Office. Separately, Covington has hired Baker Botts partner Christopher Cooper.
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Spain
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Baker & McKenzie Boosts Spain Practice by Adding Former Garrigues Managing Partner
The American Lawyer
- Baker & McKenzie has bolstered its Spanish practice with the hire of senior arbitrator Jose Maria Alonso Puig from leading local firm Garrigues. Alonso spent nine years as managing partner of the 2,000-lawyer Spanish giant before standing down in 2009 to head Garrigues' arbitration practice. He will join Baker's Madrid office on March 1.
China / Hong Kong / United Kingdom / United States
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'New York Scale' for Hong Kong Associates Raises Prospect of Salary War
The Asian Lawyer
- The expansion of U.S. law firms is giving some Hong Kong associates the chance to nearly double their salaries. Is a pay war about to set a new standard in the market? Or will darkening economic clouds intervene?
United Kingdom
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U.K. Moves 'No Win, No Fee' Litigation Reforms to 2013
Legal Week
- The U.K.'s implementation of "no win, no fee" conditional fee arrangements has been pushed back, from October of this year to April 2013. The U.K. Ministry of Justice said the civil litigation reforms were postponed for six months to allow law firms and legal businesses more time to prepare.
