Herbert Smith promotes 13 to partnership
Herbert Smith's London headquarter received the bulk of the promotions, with seven new partners, while Moscow, Hong Kong, Paris, Jakarta, Shanghai and Dubai each gained one partner.
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Herbert Smith enters Spain with Linklaters raid
Herbert Smith is opening an office in Madrid with three Spanish Linklaters partners who will be joined by London-based Herbert Smith finance partner David Wyles.
Laid-off Herbert Smith associates may receive better compensation than expected
Reports have surfaced that the compensation paid to associates at Herbert Smith who have been made redundant in the most recent round of layoffs will be better than originally thought. Laid-off lawyers could receive up…
Herbert Smith joins ranks of firms cutting salaries and staff
Herbert Smith has stated that it will freeze associate salaries at last year's levels, and may be eliminating up to 84 staff from its office in London. The firm's transactional practice has been affected by the recent…
Herbert Smith top fee earner took home £1.4m in 2007-08
Herbert Smith’s accounts for 2007-08 have revealed that the highest-paid fee earner took home almost £1.4m last year, the firm's topping 2006-07’s highest earnings of £1.04m.
Herbert Smith successful in Rusal arbitration proceedings
Herbert Smith has successfully defended itself against arbitration proceedings brought against the firm by Russian aluminium giant Rusal.
Herbert Smith changes Asia management and construction group chief
Herbert Smith has established two new regional management roles in Asia. Hong Kong corporate partner Andrew Tortoishell will become Greater China Managing Partner, responsible for overseeing implementation of the…
Singapore issues foreign law firm licences
Under a new scheme to allow foreign law practices to practise in Singapore, the government will be issuing Qualifying Foreign Law Practice (QFLP) licences to six international firms. These include Allen & Overy, Clifford…
Gloomy profit outlook at Herbert Smith
Herbert Smith has ditched plans to overhaul its financial reporting system after a gloomy profit outlook made it likely that partners would be left out of pocket.
UK firms eye Singapore entry
At least six City firms have applied for new liberalised licences to practise local law in Singapore, including DLA Piper, Ashurst, Herbert Smith and Norton Rose. Clifford Chance and Allen & Overy, which have local joint…
Herbert Smith taps Allen & Overy for Moscow finance hire
Herbert Smith has hired a senior associate from Allen & Overy's Moscow office in a bid to shore up its local finance capacity...
Freshfields bags lead role for BAA's Gatwick sale
The magic circle firm Freshfields Bruckhaus Deringer will provide corporate advice on the sale of the UK’s second-largest airport Gatwick.
Slaughter and May, Linklaters, Freshfields top UK law firm rankings
Slaughter and May took the top spot in the UK for the third consecutive year. The top-ten UK law firms for prestige, as ranked in the 2009 Vault Guide to the Top 50 UK Law Firms are as follows: 1 Slaughter and…