CMS to put Asia expansion and culture change at heart of post-merger strategy

View in Browser Feb 13, 2017 CMS to put Asia expansion and culture change at heart of post-merger strategy Leaders of three-way merger aim to create something different to stereotypical City law firm Herbert Smith Freehills sues eight partners leaving for White & Case Eight of 10 HSF partners leaving to launch Australia practice for White & Case face legal action from former firm Colgate-Palmolive, Telstra and BT lawyers lead line-up at Corporate Counsel Forum Hong Kong What's on the agenda at the sixth annual Corporate Counsel Forum Hong Kong later this month? Advertisement More From Legal Week   Ashurst recruits Linklaters China partner in trio of Asia-Pac hires Linklaters, Herbert Smith Freehills and Clayton Utz partners join Ashurst Fieldfisher opens four-partner office in Shanghai Firm bolsters China presence with second office Cadwalader revenue shrinks 2.5% following office closures and partner exits Partner profits inch up as firm targets tighter core focus  Sponsored Post  Corporate Counsel Forum Hong Kong Returning to the South-East Asian borders for a 6th year, Corporate Counsel Forum Hong Kong will take place on Wednesday 22 February 2017 at the stunning Four Seasons Hotel. Now part of ALM, the publisher of The American Lawyer, Corporate Counsel and Law.com, Legal Week is making some exciting changes to this year's programme to expand its offering to legal counsel in the region. Click here for more information Featured Asia Articles from Legal Week   Timeline to failure: from the first ever Anglo-China law firm merger to administration - how SJ Berwin sank A look back at the key moments in the three years from the SJB merger to KWM Europe's collapse Allen & Overy recruits AstraZeneca China GC for Shanghai base Magic circle firm recruits David Shen in China following string of IP hires in London KWM Europe: what went wrong? Partners have their say on the demise of legacy SJ Berwin Legal Week survey highlights poor leadership and partner self interest as reasons for the collapse of the legacy SJ Berwin business Law.com | Executive Insights & Resources   New national minimum wage rates announced Draft legislation implementing increases to national minimum wage rates from 1 April 2017 has been published. Download Upcoming Events for Legal Professionals Private Client Forum Americas 2017 Unites the most senior private client lawyers from the United States, Canada and Latin America. LEGAL WEEK JOBS  Job of the Week  Financial Services Regulatory Lawyers We are dealing with a number of clients in the financial services industry that are seeking specialist financial regulation lawyers Follow the link and get in touch to find out more. Apply › *** Broad Corporate with US Firm *** 2-4 London (City of), London (Greater) | Chase Portland USAApply › Apply › *** Financial Services Regulatory - Elite US Firm *** (junior-mid) London (City of), London (Greater) | Chase Portland USAApply › Apply › More from LEGAL WEEK JOBS » AROUND THE ALM NETWORK 15 Worst States for Retirement: 2017 The worst states for retirees, according to WalletHub's annual ranking, were among the most expensive in the country. Akin Gump Partner's Arrest Highlights Hiring Risks for Firms The American Lawyer Federal prosecutors have accused an Akin Gump Strauss Hauer & Feld partner-and a government lawyer himself until last... What the Ninth Circuit Is Saying About Trump Travel Ban The Recorder It was Judge Michelle Friedland, the most junior judge on the panel, who opened the hearing and had the first pointed... Connect With Legal Week This newsletter was sent to anjeri2010.lawyerinfo@blogger.com Unsubscribe |  More eNewsletters |  About Us |  Privacy Policy Legal Week Limited is a limited company registered in England and Wales. Registered office: Cheapside House, 138 Cheapside, Seventh Floor, London, EC2V 6BJ. Registered number: 9901879. Legal Week Limited is a subsidiary of ALM Media, LLC. Copyright © 2011 – 2017 Legal Week Limited All Rights Reserved. 120 Broadway, 5th Floor | New York, NY 10271-1101 | 1-877-256-2472

Qatari questions, bitter break-ups and the fallout from KWM - the best of Legal Week last week

View in Browser Feb 13, 2017 Not so long ago, Qatar looked like the next big thing for law firms. Last week, however, highlighted how international firms' approach to the Middle East is increasingly diverging – splitting between those who feel they need to be on the ground in multiple markets and those who don't. As we reported last week, both Clifford Chance and Herbert Smith Freehills are set to close down their offices in Qatar in the coming months, and instead focus their attention on serving the market from Dubai. For HSF, the decision to close marks its second Middle Eastern retreat in as many years. We take a look at some of the reasons for firms downsizing in Qatar here. HSF also hit the headlines last week when it emerged that the firm has taken the unusual decision to sue eight of its Australian partners who resigned to join White & Case last year. Elsewhere, weeks after King & Wood Mallesons' European arm filed for administration, the fallout is continuing – from the administrators looking at who's to blame to the start of claims from former staff over how redundancies were handled. Some other highlights from Legal Week over the last seven days KWM partners rejected repeated attempts to raise capital in years before collapse KWM administrators to target former partners to fund Deloitte accounting work Dechert client fee dispute to proceed after High Court judge rules £16m legal bill 'highly unrealistic' Anatomy of a deal: inside National Grid's multibillion-pound gas distribution network sale Akin Gump partner arrested after attempting to sell whistleblower complaint to undercover FBI agent Top law firms, general counsel and legal departments line up to enter Middle East Legal Awards Freshfields, Links set to earn at least £102m from LSE/Deutsche Boerse merger Taylor Wessing partners contributed an additional £2m in capital in 2015-16 HSF LLPs reveal 2015-16 revenue figure almost £40m lower than previously reported   THE LATEST HEADLINES FROM LEGAL WEEK   Clifford Chance advises as Co-operative Bank announces plan to find buyer Cadwalader revenue shrinks 2.5% following office closures and partner exits K&L Gates cuts staff across offices Advertisement Law.com | Executive Insights & Resources   New national minimum wage rates announced Draft legislation implementing increases to national minimum wage rates from 1 April 2017 has been published. Download Upcoming Events for Legal Professionals Private Client Forum Americas 2017 Unites the most senior private client lawyers from the United States, Canada and Latin America. The Asia Legal Awards 2017 Asia's top lawyers, law firms and in-house teams will gather to celebrate most stellar achievements of the year. Corporate Counsel Forum Hong Kong 2017 Corporate Counsel Forum Hong Kong Wednesday 22 February 2017 Four Seasons Hotel Hong Kong LEGAL WEEK JOBS  Job of the Week  Financial Services Regulatory Lawyers We are dealing with a number of clients in the financial services industry that are seeking specialist financial regulation lawyers Follow the link and get in touch to find out more. Apply › *** Broad Corporate with US Firm *** 2-4 London (City of), London (Greater) | Chase Portland USAApply › Apply › *** Financial Services Regulatory - Elite US Firm *** (junior-mid) London (City of), London (Greater) | Chase Portland USAApply › Apply › More from LEGAL WEEK JOBS » Connect With Legal Week This newsletter was sent to anjeri2010.lawyerinfo@blogger.com Unsubscribe |  More eNewsletters |  About Us |  Privacy Policy Legal Week Limited is a limited company registered in England and Wales. Registered office: Cheapside House, 138 Cheapside, Seventh Floor, London, EC2V 6BJ. Registered number: 9901879. Legal Week Limited is a subsidiary of ALM Media, LLC. Copyright © 2011 – 2017 Legal Week Limited All Rights Reserved. 120 Broadway, 5th Floor | New York, NY 10271-1101 | 1-877-256-2472