News - Page 3

Hogan Lovells rings in record results as turnover hits $2.68bn

PEP jumps 20% to $2.74m as transatlantic firm marks return to growth after revenue and profit dips in FY22

USPTO says AI can be on a patent but humans must also make ‘significant contribution’

IP office provides guidance on whether AI can be on a patent application but there is no “bright line” test for determining the necessary input from people

UK legal regulators urged to prioritise policing of ethics in response to Post Office scandal

Legal ethics academic Richard Moorhead highlights risks posed by culture of ‘adversarial partisanship’ and ‘excessive zeal’ in profession

Lady Chief Justice to headline London International Disputes Week

Conference organisers announce expanded agenda ahead of five-day event in June

Wachtell, Paul Weiss and Vinson & Elkins shepherd Diamondback’s $26bn Endeavor acquisition

Wachtell acts for Diamondback on acquisition that will make it third-biggest producer in largest US oilfield

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Deals | US

Hogan Lovells secures 23-lawyer finance and M&A team in Italy from Orrick

Veteran finance partner Patrizio Messina leads departures representing one third of Orrick’s Italian lawyers

GoDaddy swipes right for Match Group CLO to head up legal team

Jared Sine replaces Michele Lau, who departed last year to rejoin McKesson

Freshfields and Hogan Lovells advise on Barclays’ £600m Tesco Bank deal

Tesco to unload credit card, loan businesses to Barclays, with the two companies also entering into a 10-year distribution deal

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Deals | UK

Microsoft, Ford GCs among in-house teams collaborating on generative AI initiative

Factor’s The Sense Collective project seeks to accelerate AI adoption in corporate legal departments

Willkie unveils Munich launch plans and new German leadership

Frankfurt office head Georg Linde becomes German managing partner, alongside co-managing partner Kamyar Abrar

Gateley and Fidal target African disputes with senior arbitration hires

Perenami Momodu joins Gateley from Aelex Legal, while Manuel Tomas joins Fidal from Foley Hoag

Las Vegas Sphere-owner appoints legal chief from dating app Bumble

Laura Franco will also head up the legal team at Madison Square Garden Entertainment

Simpson Thacher raids Skadden for London disputes partner

David Edwards to co-lead European disputes practice alongside Tyler Robinson

Nokia and China’s Vivo settle international patent dispute with 5G cross-licensing deal

Finnish telecoms equipment maker secures sixth 5G deal in 13 months as smartphone licence renewal cycle draws to a close

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Revlon announces GC change as bankruptcy-era legal chief steps down

David Schwartz will replace Andrew Kidd, who helped steer Revlon through its recent Chapter 11 proceedings

Arnold & Porter adds six partner team across US from BCLP

Multi-practice team joins across Chicago, Denver and New York

Mason Hayes & Curran grows revenue 7% to €114m

Strong demand across all core industry sectors sees Dublin stalwart’s turnover top €100m for second consecutive year

Former Director of Public Prosecutions Sir Max Hill KC joins King & Spalding in London

Atlanta-based firm cites ‘ever-increasing convergence of the civil, criminal and regulatory strands of the law’

End in sight to dispute between BMW, patent monetiser and Susman Godfrey

Law firm had tried to withdraw as counsel, but parties now working on settlement in long running patent infringement action

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Legalweek organiser condemns reported instances of sexual harassment at offsite parties

ALM pledges to champion ‘meaningful, positive change’ within legaltech community after LinkedIn post by woman attendee goes viral