As Weil eyes a merger, who is a sizeable suitor? Legal US heavyweight law firm Weil Gotshal and Manges is reportedly pursuing a merger with another law firm and is in active discussions, fuelling speculation across the legal sector about the likely contenders. Leadership at the New York-headquartered firm, renowned as a powerhouse in corporate restructuring, private equity, and mergers and acquisitions, reportedly told top partners [...]
Law Society welcomes crypto’s new legal status Crypto The Law Society has welcomed the government’s new Property (Digital Assets etc) Act, which passed into law last week and places cryptos, NFTs and other digital tokens as personal property. This settles years of uncertainty over whether digital assets could be owned, inherited, or recovered in court – a grey area that has frustrated investors [...]
Yet another Transatlantic tie-up: Ashurst and Perkins Coie announce $2.7bn merger Legal UK law firm Ashurst has agreed to merge with the US law firm Perkins Coie, the latest move in a series of large transatlantic tie-ups in the legal sector. After a week of speculation about Ashurst being in merger talks, the firm agreed a deal with Settle-based Perkins Coie to become a $2.7bn law firm, [...]