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Legal Week Lunchbox: 24/7/2007
The five most popular articles on legalweek.com today; plus the pick of readers' comments; and an early heads-up for the year's most prestigious legal awardsNine bluechips sign up 60 firms for cutting-edge legal network
A group of the world's leading companies, led by Cisco, have developed an innovative networking website that will give them free access to major law firms' precedents. The computer company is joined by Microsoft, General Motors and investment banking giants Citi and Merrill Lynch in the venture, dubbed Legal OnRamp, which will offer clients access to legal advice, precedents and updates as well as networking facilities such as 'wikis' and online chatrooms.LeBoeuf taps energy rival for Beijing boost
New York firm LeBoeuf Lamb Greene & MacRae has strengthened its China practice with the hire of energy partner Dirk Walker from US rival Vinson & Elkins. Walker, who focuses on M&A, project finance and infrastructure development work in the oil and gas sectors, joins LeBoeuf's Beijing arm as a partner.Baker Botts boosts Dubai with Dentons defector
Denton Wilde Sapte has been hit by the loss of its Middle East head of energy and project finance, Sean Korney, who has left the City firm to join Baker Botts. Korney, who specialises in major oil and gas projects in the Middle East, Africa, Asia and the Americas, joins the Texas firm as a partner in its Dubai office.Shearman, BLP and Milbank lead on record Saudi utilities project
Shearman & Sterling, Milbank Tweed Hadley & McCloy and Berwin Leighton Paisner (BLP) have signed a $2.8bn (£1.42bn) financing agreement for the world's largest independent water and power plant (IWPP) - the $3.5bn (1.77bn) Marafiq project in Saudi Arabia.Norton Rose nabs Tirado as new arbitration head
Norton Rose has poached Baker Botts partner Joseph Tirado to join its London office as head of international arbitration, the City firm announced today (8 May). Tirado was based in the London office of Texas firm Baker Botts, where his practice focused on energy and utilities, technology, telecommunications, banking and mining.Shearman loses City projects partner to US rival
Shearman & Sterling City-based projects partner Nigel Thompson has quit the US firm to join Baker Botts in Dubai. Thompson, who joined Shearman in 1996, advises sponsors and lenders on infrastructure projects, with a particular emphasis on energy and oil and gas projects. His departure will leave Shearman with three full-time projects partners in London - including City managing partner Kenneth MacRitchie - and around 19 associates.Shearman loses City projects partner to US rival
Shearman & Sterling City-based projects partner Nigel Thompson has quit the US firm to join Baker Botts in Dubai. Thompson, who joined Shearman in 1996, advises sponsors and lenders on infrastructure projects, with a particular emphasis on energy and oil and gas projects. His departure will leave Shearman with three full-time projects partners in London - including City managing partner Kenneth MacRitchie - and around 19 associates.King & Spalding doubles City revenues
King & Spalding has more than doubled its City revenues for its last financial year, with the US firm posting London turnover of $21.88m (£11.16m) for 2006. The result marks an increase of 135% on 2005, when the firm recorded revenues of just $8.6m (£4.4m). They also mark the second year running that the London office has been profitable.King & Spalding doubles City revenues
King & Spalding has more than doubled its City revenues for its last financial year, with the US firm posting London turnover of $21.88m (£11.16m) for 2006. The result marks an increase of 135% on 2005, when the firm recorded revenues of just $8.6m (£4.4m). They also mark the second year running that the London office has been profitable.Countdown to Compliance: SEC Private Fund Reforms
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Top 10 Compliance Concerns for Private Fund Managers
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