Law news

Range of Firms Hire to Corporate, Tax and Banking Teams in Spain

Law news - 12 min 50 sec ago

Firms including Baker McKenzie, Eversheds Sutherland, Garrigues, Dentons and others have secured hires in recent weeks.

Categories: Law news

Death by a Thousand Cuts: Should Big Law Still Invest in Asia?

Law news - 8 hours 47 min ago

Some firms in Asia see lingering uncertainty and bad news as a sign that it's time to cut and run. But law firms cannot tout a global offering without having a presence in Asia, writes Jessica Seah in the Asia Legal Briefing.

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Categories: Law news

Omni Bridgeway Partners With Singapore's Drew & Napier to Fund $270M Credit Suisse AT-1 Bonds Class Action

Law news - Mon, 05/20/2024 - 21:54

Withers, Reynolds Porter, Quinn Emanuel, Pallas Partners and Clyde & Co are all also acting for investors on their claims in relation to the write-down of Credit Suisse's AT1 bond.

Categories: Law news

ICC Prosecutor Seeks Arrest Warrants for Hamas, Israeli Leaders

Law news - Mon, 05/20/2024 - 16:38

The prosecutor for the International Criminal Court, Karim Khan KC, has announced arrest warrant applications for three Hamas leaders as well as Israeli Prime Minister Benjamin Netanyahu and his minister of defense.

Categories: Law news

EY Law Team Quits for UK Top 50 Firm

Law news - Mon, 05/20/2024 - 13:44

The news comes after the Big Four firm warned of redundancies earlier this year.

Categories: Law news

13-Strong Clyde & Co Madrid Team Exits for Kennedys

Law news - Mon, 05/20/2024 - 12:35

The 3-partner-led team departure is the latest in a series of insurance exits from Clyde & Co over recent months.

Categories: Law news

Are We on the Cusp of a New NQ Pay War?

Law news - Mon, 05/20/2024 - 07:04

US-led firms don't want to pay more in London than they do in New York, and most UK firms are reluctant to play the US game, but moves by Freshfields and Linklaters have put others under pressure.

Categories: Law news

Texas: Why Major UK Law Firms Are Coming for the Lone Star State

Law news - Mon, 05/20/2024 - 03:47

Do UK firms have what it takes to join the likes of Kirkland & Ellis at the bustling intersection of private funds and energy transition, asks the Global Lawyer.

Categories: Law news

Goodwin, White & Case Grow Investment Funds Practices in Luxembourg

Law news - Sat, 05/18/2024 - 00:37

Jones Day also added to its head count, hiring a disputes partner from Eversheds Sutherland in Amsterdam.

Categories: Law news

Latham & Watkins Poised to Bring in Cahill Partner Trio in London

Law news - Fri, 05/17/2024 - 16:19

It is an effort by Latham to bolster its sponsor-side finance practice in the City, according to a person with knowledge of the move.

Categories: Law news

Linklaters Matches Freshfields By Raising NQ Salaries to £150,000

Law news - Fri, 05/17/2024 - 15:56

The move puts the firm ahead of rivals Clifford Chance and A&O Shearman.

Categories: Law news

Klarna Lawyers Told to Use Chat-GPT to Save Time Drafting Contracts

Law news - Fri, 05/17/2024 - 14:06

The fintech company's CEO has told staff to "test, test, test and explore", with 86% of the legal function now making use of generative-AI models in their day-to-day work.

Categories: Law news

Lex Mundi Appoints Partner at Mexican Member Firm Basham as Chair

Law news - Thu, 05/16/2024 - 23:51

Carlos Velázquez De Leo n will guide the network of more than 150 leading independent law firms from around the globe as Lex Mundi embarks on a new strategic plan.

Categories: Law news

Swedish Gen AI Assistant Leya Raises $10.5M in Seed Funding

Law news - Thu, 05/16/2024 - 20:01

Leya offers a generative AI assistant that looks to streamline legal tasks such as document analysis, due diligence review, data extraction, legal research and drafting legal documents. The company will use the funding to grow its international expansion.

Categories: Law news

Paul Weiss London Office Secures Biggest M&A Mandate to Date with 3.5B Siemens Deal

Law news - Thu, 05/16/2024 - 14:54

Several of the firm's recently-hired big-name partners are working on KPS Capital Partners' buyout of Siemens' electric motors company.

Categories: Law news

A&O Shearman and Linklaters Land Roles on Rare London IPO

Law news - Thu, 05/16/2024 - 14:27

A potential listing by the British personal computer maker would be one of the first big ticket matters undertaken by A&O Shearman since its merger went live earlier this month.

Categories: Law news

Slaughter and May, Kirkland and Paul Weiss Act as Royal Mail Owner Attracts £3.5B Takeover Offer

Law news - Thu, 05/16/2024 - 12:15

The deal sees recent Kirkland defectors to Paul Weiss acting alongside former colleagues.

Categories: Law news

'Soccer Through and Through': This Partner Just Guided Her 14-Year-Old Son to an Unprecedented Pro Deal

Law news - Wed, 05/15/2024 - 18:05

Heike Sullivan, who leads the firm's private client practice at Ballard Spahr, guided her 14-year-old son Cavan as he negotiated a contract that will see him play with Major League Soccer's Philadelphia Union and then join global power Manchester City when he turns 18.

Categories: Law news

Dechert Used FBI 'for Improper Purposes', Alleged Hacking Victim Claims

Law news - Wed, 05/15/2024 - 17:48

In February, Farhad Azima accepted Dechert's offer to settle the portion of their dispute playing out in London, which includes £3 million in damages and likely many million more in costs.

Categories: Law news

British Legal Awards 2024: Former CVC General Counsel Joins Stellar Judging Panel

Law news - Wed, 05/15/2024 - 14:10

The panel will be chaired by Lesley Wan, general counsel and company secretary at banking venture All Africa Capital.

Categories: Law news