London-based law firm Allen & Overy and New York's Shearman & Sterling plan to merge, they announced on Sunday, in a deal that would create one of the world's largest legal practices with combined global revenue of approximately $3.4 billion.
If approved by a vote of partners at both firms, the tie-up would be one of the largest law-firm mergers in recent years and result in a firm with around 3,900 lawyers across 49 offices worldwide.CLICK TO READ MORE |
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Other News SUBMISSION OPEN: ALB M&A Rankings 2023Submissions for ALB’s annual ranking of the best law firms for M&A in Asia are now open.DOWNLOAD FORM HERE ((China (intl), Hong Kong, Japan, Korea, Taiwan) DOWNLOAD FORM HERE (India, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam) Deadline: June 19, 2023Ashurst bolsters energy offering with 5 Shearman partnersUK-headquartered law firm Ashurst has expanded its energy and infrastructure practice globally by adding five partners from Shearman & Sterling. These include three partners in Asia: Jean-Louis Neves Mandelli and Scott Baggett (Singapore), and Anna Chung (Seoul).Share your Voice: Take Our Survey for Young LawyersAre you a young lawyer based in Asia eager to share your opinions on what matters most to you in the workplace? We want to hear from you! Our survey aims to gather insights from young lawyers like you (10PQE or below) on what employers can do to meet your needs and create an environment where you can thrive.SURVEY LINK HEREKhaitan, SAM, Trilegal act on $1.4 bln India real estate dealKhaitan & Co has advised Brookfield Asset Management on its $1.4 billion sale of two commercial properties in India to a partnership between its locally listed REIT Brookfield India, represented by Shardul Amarchand Mangaldas, and Singapore sovereign wealth fund GIC, counselled by Trilegal.What Clients Want: Take our Client Satisfaction SurveyAttention all in-house lawyers! We want to hear from you about your evolving requirements from external law firms.SURVEY LINK HEREWhite & Case Singapore M&A partner moves to FreshfieldsFreshfields Bruckhaus Deringer has hired M&A lawyer Jon Bowden as a partner in Singapore from the U.S. law firm White & Case.8 key insights from LRN’s 2023 Ethics & Compliance Programme Effectiveness Report [Brought to you by LRN] How confident are you that your ethics and compliance programme is helping your organisation navigate today’s risks? Economic uncertainty, geopolitical conflict, supply chain disruption, stakeholder activism, and increased scrutiny by government regulators present significant challenges for the road ahead. But new data from LRN’s 2023 Ethics & Compliance Programme Effectiveness Report shows that programme effectiveness reinforces corporate resilience in challenging times.Nishimura, AMT advising on SBI’s $1.1 bln takeover bid for Shinsei BankNishimura & Asahi is advising Japanese investment company SBI Holdings on its 154 billion yen ($1.12 billion) takeover bid for its unit SBI Shinsei Bank, which is being represented by Anderson Mori & Tomotsune.ALSPs and AFAs: Future-proof your firm, deliver maximum client value [Brought to you by Multilaw]The client-firm relationship is evolving at an ever-increasing pace, with several macro-level trends combining to create conditions of continual disruption and change.Shearman, Kirkland, MoFo advise on Softbank’s sale of U.S. fund to MubadalaShearman & Sterling has advised Abu Dhabi's sovereign weal fund Mubadala Investment on its acquisition of a majority stake in U.S. asset manager Fortress Investment Group from Japan's SoftBank Group, which turned to Morrison Foerster for counsel. Kirkland & Ellis represented Fortress.CALL FOR SUBMISSIONS: ALB Asia's Top 15 TMT Lawyers 2023We are now accepting submissions for ALB Asia’s Top 15 TMT Lawyers 2023. DOWNLOAD FORM HERE Deadline: June 19, 2023Linklaters makes corporate hire in Tokyo from N&ALinklaters has welcomed M&A lawyer Yoshiyuki Asaoka as a partner in Tokyo from Nishimura & Asahi.SUBMISSION OPEN: ALB Asia Rising Stars Thailand 2023Open to those either working in-house or in law firms, the list will showcase lawyers under 40 years of age who are doing high-quality work, and in the process earning accolades from their colleagues, superiors and clients.DOWNLOAD FORM HERE Deadline: June 19, 2023Stephenson Harwood lands Hill Dickinson’s former Asia regulatory headStephenson Harwood has hired Jonathan Goacher, the former head of regulatory for Asia at Hill Dickinson, as a partner in Singapore.CALL FOR CONTRIBUTIONS: Hong Kong Lawyer Hong Kong Lawyer, the official monthly publication of The Law Society of Hong Kong, is widely considered a trusted source of insightful articles on legal developments, case analysis and other value-add content in the city that help lawyers and law firms function optimally. CLICK HERE TO READ MORE NEWS ON THE ALB WEBSITE |
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One Asia Lawyers Group has been recognised by Asian Legal Business as one of Asia’s fastest-growing firms this year. In this interview with ALB, OAL Managing Partner Tetsuo Kurita shares some of his firm's growth highlights and development strategies. CLICK TO WATCH MORE VIDEOS
Rankings & Listings Results ALB Asia Super 50 TMT Lawyers2023
In its third annual Asia Super 50 TMT Lawyers list, Asian Legal Business showcases the leading lawyers in the region’s technology, media, and telecommunications practices who have won wide acclaim from clients. The list is in alphabetical order, and certain lawyers have been profiled. |
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2023 ALB surveys and rankings Click here to access the full list of surveys and rankings that are currently underway and open for submissions. |
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