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May 18, 2011 | International Edition

King & Spalding enters City disputes market with Steptoe UK partner hire

King & Spalding is set to launch a dispute resolution practice in its London office with the hire of litigation partner Tom Sprange from the City base of US firm Steptoe & Johnson. Sprange, who joined the firm this week (16 May), focuses on multijurisdictional disputes and has advised on arbitration proceedings in centres including the International Court of Arbitration and the American Arbitration Association.
2 minute read
May 09, 2011 | International Edition

King & Spalding boosts London with Hogan Lovells hire

King & Spalding is set to launch a competition practice in London with the hire of Hogan Lovells of counsel Suzanne Rab. Rab, who joins King & Spalding this week as a partner, has advised on cartel, market and merger control investigations in the UK and across Europe.
2 minute read
April 11, 2011 | International Edition

Slaughters, CC and Linklaters score top roles on Arsenal takeover bid

Slaughter and May, Clifford Chance (CC) and Linklaters are among a line-up of firms to have won roles on US businessman Stan Kroenke's full takeover bid for Arsenal Football Club, which values the North London club at £731m. The deal has also handed roles to Herbert Smith and White & Case, with the duo advising on the financing. Kroenke, who has turned to CC City partner Tim Lewis for advice, agreed to launch a mandatory full takeover this weekend after his company Kroenke Sports Enterprises (KSE) acquired a majority stake in the club. He now holds 62.89% of shares in the Premier League club.
2 minute read
April 05, 2011 | International Edition

King & Spalding builds in London with Bracewell corporate partner hire

King & Spalding has added to its London corporate practice with the hire of partner Martin Hunt from New York firm Bracewell & Giuliani. Hunt, who is UK qualified, advises on M&A, joint ventures, restructurings and private equity with a focus on oil and gas, telecoms, water, construction and chemicals. His main client is Shell.
2 minute read
March 01, 2011 |

GTM defies initial doubts but the going will only get harder

Given the initial scepticism that greeted the flashy launch of Greenberg Traurig Maher (GTM), the first thing that must be acknowledged is that the firm has defied critics to build a large practice at an astonishing pace. With 27 lateral partner hires joining since its launch was announced in June 2009, the firm has made more hires in the last 18 months than all other US firms have managed in the last five years bar Reed Smith. US firms have often promised this kind of aggressive growth but rarely, if ever, has it been delivered.
31 minute read
July 22, 2010 | International Edition

Camerons and Slaughters win roles on $7bn BP asset sale

CMS Cameron McKenna has won a trophy role on BP's $7bn (£4.7bn) asset sale, joining Sullivan & Cromwell and a host of international law firms, writes The American Lawyer. The sale to Houston-based Apache - which involved oil and gas assets in Canada, Egypt and the US - is part of a bid by BP to shore up its balance sheet and cope with mounting costs stemming from the controversial oil leak in the Gulf of Mexico. Sullivan & Cromwell served as global coordinating counsel to BP on the deal. James Morphy, the former head of the firm's M&A practice, advised BP along with M&A partner and IP co-head John Evangelakos and finance partner Christine Spillane.
3 minute read
March 03, 2010 |

US firms paused expansion in 2009 but are back on the hunt

As Legal Week's survey of lateral hiring by US firms in London recently demonstrated, partner moves were thin on the ground in 2009, at least by the yardstick of recent years. The research found 59 hires across 37 of the largest US firms. This was substantially down on the senior recruitment seen at US firms over the last five years - this group managed 77 partner hires in 2008 - but in many ways it is surprising that the figure wasn't even lower. Lateral hiring virtually shut down in the first half of 2009 as firms drastically slashed costs in the worst phase of the global recession. The second half of the year, which saw an aggressive hiring spree from Greenberg Traurig Maher claim no less than 15 partners, was pretty active in contrast.
34 minute read
January 21, 2010 |

Now for the hard work - the challenges ahead for Hogan Lovells

If the outlook of any major strategic move can be gauged from the general reaction of rivals, the prospects for the impending union between Lovells and Hogan & Hartson could not look brighter. For while the cynical City legal community typically pours buckets of derision and faint praise over major moves by rivals, the upcoming merger has won a remarkable degree of support from observers.
61 minute read
September 23, 2009 |

Commentary: Partner hires - the revolving door starts spinning again

With the first half of 2009 defined by widescale redundancies and partnership restructurings at some of the City's top names, the fallout has meant the trend post-summer is equally clear: lateral hiring - and lots of it. Barely a day goes by without claim or confirmation of another partner move; generally someone heading out of a top 10 City firm for somewhere smaller, although not exclusively - as Linklaters' hire of Herbert Smith litigation partner Christa Band demonstrates.
25 minute read
July 09, 2009 |

International law firms: Batten down the hatches

If ever there was a market to test the commitment of international firms to their London office, this would be it. Plummeting workloads and high operating costs have meant more so than ever the City is proving an expensive toehold.
97 minute read

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