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Gongcheng the ALB China Law Awards 2009 and recently acted for the underwriters in China Zhongwang’s US$1.2bn IPO in Hong Kong, the first billion-dollar IPO worldwide this year. The newly promoted equity partners are Chen Yimin and Chen Jiaze in Shanghai; and Fu Siqi, Lang Yuanpeng, Xu Bangwei and Xie Peng in Beijing. The new junior partners are Beijing-based Li Xueyu, Zhu Yanping, He Qingyu, Guo Yanjun, Xu Pengfei, Gao Yuan, Zeng Yan, Han Linyou, Wang Bo, Ren Wei and Yao Xiaohui. In addition, the firm also hired Si Xiaotan from King & Wood as an equity partner in Beijing earlier this year. The firm currently has 50 partners, including both second-tier and equity. ALB
股，这是今年全球范围内首个融资额超过10亿美 元的上市项目。 以下是竞天公诚最新合伙人名单： 一级合伙人：陈毅敏（上海）、陈泽佳（上海）、 付思齐、郎元鹏、徐邦炜、谢鹏 二级合伙人：李雪玉、祝燕萍、贺擎宇、郭艳 军、徐鹏飞、高远、曾艳、韩林攸、王博、任为、 姚晓辉 此外，竞天公诚还与年初将金杜律师事务所前 法律顾问司筱潭招至麾下。据悉，该律所目前共 有50位一级和二级合伙人。
史密夫晋升合伙人 为业 务复苏作准备
史
密夫律师事务所在全球范围晋升13位律师 为合伙人，包括香港的公司法律师Michelle Chan和上海代表处的 Betty Tam。经过此次晋 升，史密夫合伙人总数已达252人。 史密夫亚洲主管 Ashley Alder 表示，考虑到中国的 公司业务以及印尼地区的并购和能源业务呈现回暖 迹象，而相关其他领域也可能出现意料之外的增长， 律所做出了此次晋升举措，其目的就是确保能够具备 充足的资源应对可能出现的业务增长。 Alder 说：“在过去两年内，大中华地区的公司业务呈 现显著增长，亚洲的电信、传媒和科技领域也推动相关 法律业务的发展。”
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uk report Firms still floundering in credit crunch UK firms are still feeling the pressure to cost cut in the midst of the global recession and even Magic Circle firms have been forced to implement salary freezes across offices. Clifford Chance recently reversed salary bands for its junior lawyers, with all associate pay frozen at current levels until the end of the 2009-10 financial year. The move to effectively reduce salary rates across the firm will affect all non-partner lawyers and support staff across the firm’s global network, with the exception of trainees, who will still have their pay increased come their second year. The initiative follows in the footsteps of Slaughter and May, and Freshfields Bruckhaus Deringer, who made a similar announcement in February, reversing salary bands for all junior lawyers with the exception of trainees. Lovells has also jumped on the pay freeze bandwagon and will keep salaries for all lawyers, support staff and legal PAs at this year’s levels. Only trainees who qualified in March will not see a reduction in their salaries, with the level remaining at £65,000. Double cutbacks at Eversheds Eversheds has asked forthcoming trainees to defer their start dates, while simultaneously slashing numbers from its real estate practice group in a bid to cut costs in the economic slowdown. The firm has offered 31 out of 73 of its September 2009 trainees £5,000 to defer entry or be employed as a paid paralegal for one year and soon afterwards cut 10 lawyers from its real estate division.
Magic Circle firm Linklaters also recently asked 15 volunteers to defer their start dates from September 2009 and March 2010, saying it would like to “fine tune” its trainee intakes. Cameron McKenna welcomes new partners CMS Cameron McKenna has added 17 new partners to its ranks the new ‘office partner’ salary rung. The new office partner position, which allows the firm three levels of partnership, was introduced last month as part of a shake-up and represents the first stage of progression for senior associates, followed by a three-year salaried gateway level before partners join the equity. The office partner role has been used in Eastern Europe for several years but this is the first year it has been introduced in the City. Herbert Smith swings the axe Herbert Smith has announced it is to slash up to 84 members of its City office and will be reversing all associate pay bands, with salaries to remain at 2008-09 levels as an added cost-cutting measure. The cuts will reportedly be made across the firm’s corporate and real estate practice, with fee earners, professional support lawyers and paralegals all likely to be affected. Secretarial roles across all fee-earning areas and up to 21 support staff will also be at risk. Middle East-focused firm, Trowers & Hamlins also made 17 members of staff redundant recently – all in its London office. This is the third consultation at the firm and brings the total number of redundancies at the firm to 28, with the cuts affecting both feeearning and support departments.
ROUNDUP • Linklaters project finance partner Stuart Salt is set to take over as managing partner of Emerging Europe, Middle East and North Africa (EEMENA) following the retirement of Nick Eastwell from the role after 20 years of service • Eric Schwartz – Dewey & LeBoeuf’s Paris former managing partner – will soon join arbitration senior counsel James Castello of King & Spalding to launch the Atlanta-based firm’s first office in France • Norton Rose has offered staff a part-time option of working four-day weeks on 85% of pay, or taking a sabbatical of up to 12 weeks on 30% of pay • SJ Berwin has its eye on an international title. The firm recently set up an office in Dubai less than a month after launching in Hong Kong • Ashurst recently unveiled its 2009 promotions, revealing a decrease in partner promotions – only 10 lawyers were made up this year compared with 17 in 2008 • Berwin Leighton Paisner has welcomed seven to its partnership, with real estate the biggest beneficiary
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