Jan 27, 2025 View in Browser

ALM | Law.com International

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A Message From the Editor

Good Morning. We're covering movement in the German legal market, where Clifford Chance has lost two partners but Herbert Smith Freehills has hired a 10-lawyer team, including three partners. We also have news about two Middle East regional firms merging in the UAE. And in the U.K., McDermott Will & Emery has added an arbitration partner -- its eleventh lateral hire in London in the last year. To curb all this global partner movement, law firms are turning to "golden handcuffs." Read these stories and more below.

– Lisa Shuchman, Executive Editor

 

Lawyer Compensation - General | Analysis

Law Firms Turn to 'Golden Handcuffs' to Curb Partner Movement

By Andrew Maloney

Many firms are increasingly implementing strategies such as clawbacks and deferred compensation to discourage partners... Read More

 

Real Estate | News

Clifford Chance Loses Two More Key German Real Estate Partners As Focus Shifts to Cross-Border Deals

By James Jackson

Clifford Chance's head of real estate in Germany and a senior partner are departing amid a market slump; three real... Read More

 

Law Firm Hiring | News

Herbert Smith Hires 10-Lawyer Team from Orrick Germany, Including 3 Partners

By James Jackson

The entire 10-person corporate team from Orrick Herrington & Sutcliffe will be based in Du sseldorf as Herbert Smith... Read More

 

Law Firm Mergers | News

2 Middle East Regional Firms to Merge in the UAE

By Peter Shaw-Smith

The planned merger marks the third such match-up in the region in two years. Read More

 

Law Firm Hiring | News

McDermott Adds Another Partner in London As UK Growth Continues

By Jack Womack

The arbitration partner is the US firm's eleventh lateral hire in the U.K. capital over the last twelve months. Read More

 

Law Firm Office Launches and Closures | News

Consulting Group Alvarez & Marsal Opens In Dublin

By Louis Altmann

The consulting firm has been intends to grow in Ireland following its announcement of plans to create a new mid-market... Read More

 

Deals and Transactions | News

Latham, Cleary, Clifford Chance Help Middle East Sovereign Wealth Funds Monetise Assets

By Peter Shaw-Smith

Latham, Cleary and others are advising Middle East sovereign wealth funds on major investments, including Saudi and... Read More

 

Deals and Transactions | News

Hogan Lovells and Burges Salmon Secure Lead Roles in Largest Ever UK Defence Ministry Contract

By Habiba Cullen-Jafar

The contract, signed with Rolls Royce, is worth £9 billion. Read More

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