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Tuesday, October 6, 2015

Redundancies, more office closures and Dentons setting itself apart once again – the best of Legal Week over the last week


Legal Week | Editor's Comment
October 6, 2015
Redundancies, more office closures and Dentons setting itself apart once again – the best of Legal Week over the last week
Tue 6th Oct 15:15
The best of Legal Week over the last week

Recent months have seen numerous firms taking a hard look at their international offering and last week was no exception. Canada's Fasken Martineau became the latest law firm to confirm plans to downsize outside its borders, putting 70 London staff at risk of redundancy late last week and admitting that its Paris office is set to close next month.

According to the firm, which was once linked with merger talks with DLA Piper, the two moves are unrelated. However both support the current trend for firms being tougher with overseas offices, both in terms of financial expectations and ensuring that they operate in line with the wider firm's strategic goals.

In a similar vein, it emerged last week that Allen & Overy is to close the Toronto outpost following the decision to leave the firm by the single partner it was opened around.

But regardless of what is happening elsewhere, Dentons can almost always be relied upon to buck the trend and yesterday it delivered on this again. The firm announced plans to launch in Italy with a 21-strong Milan team, nine of whom joined from the local arm of DLA Piper.

Love it or hate it Dentons' ambitious growth and combination with China's Dacheng are setting the firm apart from many of its peers - and for this reason it is shortlisted for Law Firm of the Year at the British Legal Awards. We announced the shortlist last week with Allen & Overy, RPC, Signature Litigation, Stephenson Harwood, Taylor Wessing and Watson Farley & Williams also in the running for that prize, which is one of 28 awards to be announced at the event on 25 November.

Other highlights on Legal Week over the last week include:

Legal Week launches Offshore Insight supplement
DLA Piper plans to boost Asia presence through tie-up with China firm
Freshfields, Skadden and DLA Piper top M&A rankings as deal volumes hit two year low
Watson Farley recruits City corporate duo as hiring spree continues
RPC hires ex-Worldpay corporate GC as partner
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