March 2020 – Page 7 – Legal Business

4 March 202010 February 2025

Coronavirus hits Central Europe as Wolf Theiss partner hospitalised and three staff test positive

The coronavirus epidemic has spread to Austria and hit one of Central Europe’s most prominent law firms, with a partner at Wolf Theiss hospitalised in serious condition and three more employees testing positive to Covid-19.

A spokesperson for Wolf Theiss confirmed that on Thursday last week (27 February) it learned one of its partners had contracted the virus. The firm began testing all its Vienna staff within 24 hours, with more than 200 employees tested on Friday and another 80 on Monday. Three tested positive. Continue reading “Coronavirus hits Central Europe as Wolf Theiss partner hospitalised and three staff test positive”

4 March 2020

‘Smarts and experience’: Freshfields adds more NY firepower with Latham tax hire

Freshfields Bruckhaus Deringer has built on the momentum of its recent Manhattan hiring spree with the addition of tax partner Lori Goodman from Latham & Watkins.

The move is another boon for the City giant’s lofty US aspirations after the much vaunted acquisition last October of a four-partner Cleary Gottlieb Steen & Hamilton team, led by prominent M&A veteran Ethan Klingsberg. Continue reading “‘Smarts and experience’: Freshfields adds more NY firepower with Latham tax hire”

4 March 2020

Ashurst ramps up corporate investment with City tech partner and Milan PE head

Ashurst has fired up its corporate hiring drive by adding a second corporate partner in as many days in the form of high-growth and tech lawyer Jonathan Cohen from Clyde & Co.

The London hire comes hot on the heels of yesterday’s recruitment of Fabio Niccoli from CDP Equity, where he was general counsel, to lead the firm’s private equity offering in Milan. Continue reading “Ashurst ramps up corporate investment with City tech partner and Milan PE head”

3 March 2020

In-house: RPC and DWF among four new firms on Dixons Carphone’s expanded roster

Retailer Dixons Carphone has added four firms to a revised legal roster, with DWF, RPC, Bristows and Carson McDowell winning spots.

The panel will run for four years following the expiration of its previous arrangement in March, which was the result of a 2016 review. The new additions join ten firms Dixons Carphone has kept panel relationships with, including Addleshaw Goddard, Clyde & Co, DAC Beachcroft, DLA Piper, Doyle Clayton, Fieldfisher, Freshfields Bruckhaus Deringer, Pinsent Masons, Shoosmiths, and Worthingtons. Continue reading “In-house: RPC and DWF among four new firms on Dixons Carphone’s expanded roster”

2 March 2020

Shearman & Sterling quiet on London amid muted 1% global revenue growth

Global revenue at Shearman & Sterling barely grew last year as the firm marginally improved its key metrics while not revealing London results.

Turnover hit $968m at the New York-headquartered firm, a 1% increase on last year’s $955.5m. Profit per equity partner (PEP) was up just under 3% to $2.46m from $2.4m while revenue per lawyer was up almost 5% to $1.13m. Continue reading “Shearman & Sterling quiet on London amid muted 1% global revenue growth”

2 March 2020

Revolving doors: White & Case appoints Sidley tax lawyer as McDermott returns to Hogan Lovells for corporate partner

US players dominated the City recruitment drive last week as White & Case appointed a partner to its global tax practice, McDermott Will & Emery hired another Hogan Lovells partner and DLA Piper’s UK tax head rejoined Greenberg Traurig.

White & Case added Sidley Austin partner Will Smith to its global tax practice in London. Smith advises on international and UK tax matters particularly on tax aspects of cross-border investments, the setting-up of acquisitions, financing structures, real estate deals, M&A transactions and group reorganisations. Continue reading “Revolving doors: White & Case appoints Sidley tax lawyer as McDermott returns to Hogan Lovells for corporate partner”

2 March 202010 February 2025

Coronavirus fallout continues as Latham suspends NY partner conference while Bakers re-opens London branch

Fears around the spreading coronavirus have yet again affected the business of law, as the world’s second-highest grossing firm Latham & Watkins called off its annual global partnership meeting in New York citing safety concerns.

Meanwhile Baker McKenzie has re-opened its London office today (2 March) after an employee taken ill with suspected symptoms last week tested negative to the COVID-19. Continue reading “Coronavirus fallout continues as Latham suspends NY partner conference while Bakers re-opens London branch”