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A&O leads for new client on $1.5bn power plant sale in CIS
Allen & Overy (A&O) has taken a lead role on the $1.5bn (£770m) acquisition of Kazakhstan's largest power producer, bagging a new client in the process.The deal saw A&O advising new client, copper producer Kazakhmys, on its acquisition of Ekibastuz power plant and Maikuben West coal mine in Kazakhstan for up to $1.5bn. The magic circle law firm, which won the client after taking part in a competitive pitching process last year, fielded a team under corporate partner Keith McGuire and projects partner Nigel Pritchard. A&O acted alongside Salans' Almaty office, which advised on local law.Norton Rose and DLA Piper outstrip competition in AIM client rankings
Norton Rose and DLA Piper continue to boast the broadest base of clients listed on London's Alternative Investment Market (AIM), with the duo topping new quarterly client rankings released this week.Norton Rose maintained its position of advising more AIM-listed clients than its UK rivals, with the top 10 City firm holding a client base of 65 businesses, according to Hemscott statistics.The figures - which are taken from deals during the period from the beginning of October to the beginning of January - rank DLA Piper in second place, closing the gap on Norton Rose by gaining four clients over the quarter to bring the firm to 59 in total.Norton Rose and DLA Piper outstrip competition in AIM client rankings
Norton Rose and DLA Piper continue to boast the broadest base of clients listed on London's Alternative Investment Market (AIM), with the duo topping new quarterly client rankings released this week.Norton Rose maintained its position of advising more AIM-listed clients than its UK rivals, with the top 10 City firm holding a client base of 65 businesses, according to Hemscott statistics.The figures - which are taken from deals during the period from the beginning of October to the beginning of January - rank DLA Piper in second place, closing the gap on Norton Rose by gaining four clients over the quarter to bring the firm to 59 in total.UK trainees avoid crunch fallout as top firms' retention soars above 90%
Trainee retention rates across the UK's elite legal profession have remained steadfast, with many firms keeping hold of more than 90% of their intake despite a sharp dip in City lawyers' overall business confidence. Eighteen out of 25 of the UK's top firms are holding on to more than 90% of their March class of qualifying lawyers, including six firms with a 100% retention rate.UK trainees avoid crunch fallout as top firms' retention soars above 90%
Trainee retention rates across the UK's elite legal profession have remained steadfast, with many firms keeping hold of more than 90% of their intake despite a sharp dip in City lawyers' overall business confidence. Eighteen out of 25 of the UK's top firms are holding on to more than 90% of their March class of qualifying lawyers, including six firms with a 100% retention rate.LawSoc gives Nottingham-Kaplan LPC top marks
The London branch of Nottingham Law School, Nottingham Law at Kaplan Law School, has been given the Law Society's highest rating for its Legal Practice Course (LPC) in all assessment categories. Kaplan Law School's City campus was awarded top marks in each of the six categories after a three-day assessment carried out by Chancery Lane.One in, one out at Norton Rose in Asia
Norton Rose has gained one partner in Asia and lost another, including hiring a new head of asset finance in Hong Kong. Energy partner Stephen Begley rejoins Norton Rose from City rival Lovells, where he was of counsel, and will lead the firm's Hong Kong asset finance group.One in, one out at Norton Rose in Asia
Norton Rose has gained one partner in Asia and lost another, including hiring a new head of asset finance in Hong Kong. Energy partner Stephen Begley rejoins Norton Rose from City rival Lovells, where he was of counsel, and will lead the firm's Hong Kong asset finance group.Links nears Cologne closure as partner duo exit
Linklaters' Cologne office is a step nearer to closing with the departure of two more partners to breakaway firm Oppenhoff & Partner. Litigation partner Peter Klappich and environmental law specialist Stephan Mueller are the latest to join Oppenhoff, which launched at the beginning of this year.Norton Rose seals Saudi tie-up in Gulf push
Norton Rose has secured an alliance with Saudi Arabian practice Abdulaziz Al-Assaf in a move set to boost the top 10 City law firm's profile in the Middle East. The deal with Riyadh-based Abdulaziz, which has 15 lawyers, hands Norton Rose a presence in a third Middle Eastern jurisdiction alongside existing bases in Dubai and Bahrain. The deal goes live on 1 January, 2008, with Norton Rose having previously acted alongside the Saudi outfit on a number of occasions.Countdown to Compliance: SEC Private Fund Reforms
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