We work in collaboration with strategic sector and in-country partners. By clicking Accept All, you consent to the use of ALL the cookies. He says the advantage of local offices is lessened, as the firm is not interested any single African country and argues that a local office does not eliminate the need for local partner firms: The type of cross-border mandates we focus on necessitates having a wider spread than an office in, say, Johannesburg, would provide. Like Georgia Im delighted by some of the results we have seen this year (for instance the diversity of our new partners) and would like to thank our leaders and colleagues and our affinity networks in particular. We combine the knowledge, experience and energy of the whole firm to solve our clients' most complex challenges, wherever and . People, particularly those from under-represented groups, need to know that people similar to themselves have had similar experiences and that there is a path for them to reach their career aspirations. Whatever the jurisdiction, its a safe betthat we work there regularly, and that we know the country intimately. Cairenna M. Citizens Advice United Kingdom. It is about the way we connect with each other and our clients, and the way we build a firm that is stronger than the sum of its parts. The event will take place in person (with a dial-in option Im pleased to say thats changed [but] we clearly have a lot to do in terms of other forms of diversity. For example our Social Mobility Network has collaborated with many other networks to highlight shared and unique experiences. Tension between institutional shareholders and boards about strategic alternatives. We could be in a position where we still need to find the right Nigerian or Kenyan or Egyptian firm to run that type of mandate., He continues: For the African legal landscape in which we operate and for the type of multi-jurisdictional African mandates we are best known for, opening an office in the likes of Johannesburg would feel as though we were saying hey, look, we have boots on the ground, and would not meet the needs of our clients as successfully as our current system of relationship firms does., To emphasise the point, der Kinderen says that unlike many of its rivals, Freshfields has no intention to open in any of Africas major economies, such as South Africa or Nigeria which combine for 50% of all GDP across sub-Saharan Africa: [That is] not foreseen at this stage and also not foreseen in the years ahead., The firm does not want to tread on the toes of its local partners, he explains: They are just really, really good firms. One client observes that the firm "has solid international experience, which helped us a lot in transactions involving different jurisdictions." Partner and Global Co-Head of Capital Markets Valerie Ford Jacob has been named a 2022 Dealmaker of the Year by The American Lawyer. Our mission is working together to enable organisations to embed responsible recruitment and employment practices and mitigate labour exploitation in their operations and supply chains. Freshfields advises on sale of Prettl SWH Group to Foxconn 04 January 2023 Freshfields advises EQT Infrastructure in relation to its entering into exclusive negotiations for the sale of 50% of its stake in SAUR to PGGM and DIF Capital Partners 03 January 2023 Freshfields Guides bp to the Closing of Its Acquisition of Archaea Energy 03 January 2023 Transparency is critical for any organisation serious about change after all, targets are nothing unless you are honest about whether you meet them. Our vision is a world where all workers are recruited responsibly and have fair work free from exploitation. In the US, our Black Employee Resource Group has been active in advising on how to best advance racial justice, including researching and choosing which organisations would benefit from Freshfields $100,000 donation. The Johannesburg-headquartered firm has offices in South Africa, Kenya, Uganda and Madagascar, with the latter office running a practice which covers Francophone West Africa, as well as a recently opened office in Tanzania. The event will take place in person (with a dial-in option You can read more on the findings and broader implications of the judgment here. We are excited to once again host our annual CEE Finance and Capital Markets Workshops next week! But diversity and inclusion is about more than numbers and benchmarks. Chambers Europe 2016 (competition/antitrust), Top-tier international team renowned for acting on high-value transactions across multiple jurisdictions Clients benefit from a large pool of specialised lawyers advising on a range of industry sectors, including pharmaceuticals and telecommunications.Chambers Europe 2016 (corporate/M&A), Formidable dispute resolution practice, top-rated in several European jurisdictions. Joined: October 15, 2021. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Freshfields works with between 5,000 and 7,000 suppliers in a typical year so a root-and-branch overhaul of procurement focusing on our environmental, social and ethical impacts involved collaboration across Freshfields teams. We also highlight some of our most important pro bono matters. . Freshfields in Greece Having worked in Greece for decades, we have lawyers who understand the country's legal system and business culture intimately. There have been laws introduced first in Europe and now in certain US states requiring companies to have certain numbers of women and people from under-represented groups among their directors. Attorney advertising: Prior results do not guarantee a similar outcome, Read more about the deal in our case study. Our networks continue to evolve, and work together, recognising the importance of intersectionality. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. The cookies is used to store the user consent for the cookies in the category "Necessary". I would like to thank every member of our firm not just the people you will read about in this report who create our culture and make Freshfields such a powerful institution. The vessel through which the firm hopes to build these closer relationships is its StrongerTogether programme, and in May last year it hosted a conference in . Its much more inspiring to work with a wide range of people rather than us all thinking and being the same. In the UK we represented Kate Wilson, whose political activities and personal life were subject to covert police surveillance for more than ten years. Delaware litigation: . Boris Feldman, one of our founding partners in the Valley and co-head of our global Technology practice, says: There are many exceptional lawyers who have taken a pause on their careers to raise families or care for loved ones. " Dally Winston Page 84. Who Said? Freshfields Bruckhaus Deringer Toggle navigation Search. The Freshfields Aspiring Professionals Programme is a social mobility outreach programme created in partnership between Freshfields and the Social Mobility Foundation to support talented young people from social mobility cold spot areas. He held a number of leadership positions. - How this squares with international trade rules Freshfields global Mental Health First Aid Programme strives to build knowledge and understanding of mental health. Working with them, we understand this representation compares favourably with our peers globally but are focused on building from this foundation and are seeking opportunities to engage more with diverse suppliers in future. You can opt out at any time. Founder David Camp started supporting UK businesses that had been infiltrated by exploiters and organised crime. The latest perspective, commentary and memorandums from across the global partnership. As Senior Partner I want Freshfields to be a diverse and inclusive organisation, firstly because it is the right thing to do but also because it is the smart thing to do. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. Most African legal markets are relatively small, with a limited number of firms capable of doing high-level work. We have also become a Friends Partner with This Can Happen, a global social enterprise that support businesses across the world to create a positive environment for good mental health in the workplace. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. The May conference was the firms second such event, following a conference in Cape Town 18 months prior and the programme extends to other regions a Latin American StrongerTogether event having taken place in June this year in New York. Through these clear, simple values, we aim to harness our peoples desire for change, and embed commitments across our firm that help everyone understand their roles and responsibilities. They chase down every point and are right at the top., Partners Meredith Kotler and Jamillia Ferris will share the latest on Delaware litigation and the antitrust regulatory landscape at the Practising Law Institute (PLI)'s Mergers & Acquisitions 2023 conference on Advanced Trends and Developments. Privacy policy. Our global Reverse Mentoring Programme pairs a more junior mentor, who identifies with being from an under-represented group in their region or jurisdiction, with a more senior mentee. Stronger Together launched in UK retail/agriculture sector. The African Law & Business is published by: Global Legal Group, 2002-2023 Copyright: ICLG.com | AfricanLawBusiness.com | Privacy policy | Cookie policy. The judge who presided over Mr. Sampys criminal proceedings arising from this incident remarked, I dont know that weve ever had a situation like this in my twenty something years that weve had to deal with a detention that got out of hand as this one did., These cases are of obvious social importance and the recent decision represents an early victory for the ACLU of Louisianas Justice Lab initiative, which seeks to challenge, through litigation, racially discriminatory policing practices and to combat police violence against people of colour, says Linda Martin, the partner who is leading the Freshfields team. Find out more about our partner organisations. Freshfields Bruckhaus Deringer Toggle navigation Search. The world's biggest international organisations rely on us to help them make the right decisions in a fast-changing world. To go and open a 10-man office in South Africa when youre trying to compete with a firm with 100 partners in South Africa, such as a Bowmans or ENSafrica, doesnt really make sense. The vessel through which the firm hopes to build these closer relationships is its StrongerTogether programme, and in May last year it hosted a conference in Nairobi for 15 Freshfields partners and 38 lawyers from firms in Egypt, Morocco, South Africa, Nigeria, Kenya, Tanzania, Uganda, Mozambique, Namibia, Ivory Coast, Gabon, Ghana, Tunisia and Algeria, the countries, says der Kinderen, with the exception maybe of one or two, from where we see the majority of our business coming from. Other networks empower our people and raise awareness: Freshfields Enabled was set up to represent, and provide support to those affected by disability, as well as those with caring responsibilities. We are Stronger Together. Our dedicated global team brings together a variety of direct business experience, from across a range of sections and functions (ethical trade, sustainability, HR, procurement, supply chain management and more) which gives us a unique perspective in our approach and the services we offer. Explaining the culture of a firm is always difficult. Author(s): David Livshiz, Jennifer Loeb, Scott Eisman, Shannon Sciaretta. Also praised for its leading arbitration practice.Chambers Europe 2016 (dispute resolution), Stellar Europe-wide regulatory team with exceptionally well-reputed teams in London, Dsseldorf and Brussels Strong in financial services, TMT, energy and government and public affairs. We provide practical, innovative solutions, based on established international standards and methodologies, to drive effective human rights due diligence in global supply chains. Stephen is co-author of a variety of books and a regular speaker on law firm management, business development, market regulation and anti-money laundering topics. The US Federal Trade Commission (FTC) is following through on its commitment to more closely police competition issues in labor markets. With more than 4,000 employees serving clients in 150+ countries, Freshfields helps execute cross-border transactions, mitigate operational risks, and simplify regulatory compliance. We promised to report on our progress each year, because our targets will only be effective if we are open about whether we meet them. The firm is highlighted for its work for Chinese clients on outbound cross-border investments into Europe. About us. Necessary cookies are absolutely essential for the website to function properly. Through high-quality bespoke training, the Programme plays a critical role in ensuring the firm recognises, supports and nurtures diverse talent around the world as we aim to address the under-representation of ethnically diverse talent in leadership positions. Explaining the culture of a firm is always difficult. This was a highly challenging matter, both technically and emotionally says Matthew Bruce, the Freshfields partner who led the team assisting Kate. His most recent publication is the 2nd Edition of Business Development. The framework aims to bring a more universal understanding of wellbeing across the firm and helps our people cultivate healthy behaviours and focus on the important things at the right time. MD Communications Limited. Join us this Wednesday for a webinar that will discuss: Its China operations also include cross-border disputes, with an active presence in arbitration, litigation and corporate investigations. Throughout my working life, I have wanted to be judged on my abilities and how I engage with people, rather than any individual characteristic. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. SS: Id been a partner for 20 years when I joined Freshfields, and as I was getting to know people here I met a huge number of impressive women. Learn more in our Cookie Policy. We kicked off our events for this years IBA in Seoul with our annual People & Reward lunch, hosted by Partner Raquel Flrez. CW: When I started out, even though our trainee intake was 50:50 in terms of gender, when I was with clients I could be the only woman in the room. Contact us for more information. "There sure is a lot of blood in people. This event will take place in Houston, Texas. He has recently established a consulting firm in Singapore/London/Vancouver Making Change Happen through which he provides management advice to law firms and other professional service providers. You can update your choices at any time in your settings. Learn more and register here: https://okt.to/TYvPfl However, you may visit "Cookie Settings" to provide a controlled consent. In short, representation matters.. Close submenu. While there is not exclusivity, there is preference, and the preference translates into: If I have a choice, if I have the ability to say which international firm I would like to work with, then I would like to work with Freshfields. Mr Sampy was repeatedly thrown onto the pavement face first, and pinned down with officers knees on his neck, back and legs. Read more: https://okt.to/CmX3JZ, At the turn of the year, the long-awaited Corporate Sustainability Reporting Directive came into force across the European Union, establishing sustainability reporting obligations for a large number of companies both within and outside of the EU. - Considerations relating to multi-jurisdictional reviews SS: Im really excited about our Returners Programme, which is designed to bring people back to the legal profession after an extended break. Its also the right thing to do were one of the most prominent global law firms so we set the standard. It is hugely rewarding to hear them say that our quality of work is really stunning. - How the Biden Federal Trade Commission and Antitrust Division evaluate transactions and determine whether to challenge them Valentin participated in the discussion rounds "Opportunity through volatility. A large-scale problem required a large-scale solution. A bespoke course is delivered in seven languages across our continental Europe offices, and we have already exceeded our ambitious aim to train one in 25 of our colleagues worldwide, with over 300 mental health first aiders across our global network. Helen Ouseley explains the three pillars of our D&I strategy, and how diversity considerations have been built into our day-to-day decision-making. And if there is a choice which local firm I would like to work with, then it would be our StrongerTogether firms. Our international arbitration team has been named 2022 Practice Group of the Year in the International Arbitration category by Law360 - the fifth time in the past six years that our team has received this distinction. Conyers is part of Freshfields' Stronger Together network. That is why, as well as publishing data on our performance, we are sharing stories about how we are making our targets a reality. We work across three continents and within multiple sectors with many organisations to achieve our wider vision of a world where all workers are recruited responsibly and have fair work, free from exploitation. 2023 Freshfields Bruckhaus Deringer Rechtsanwlte Steuerberater PartG mbB, Freshfields Bruckhaus Deringer Rechtsanwlte Steuerberater PartG mbB. Creating a more diverse and inclusive firm will take time but every colleague has the opportunity to make a difference and ensure we progress. Freshfields enjoys a prominent reputation in the Chinese transactional space, which is driven by market-leading M&A and competition practices, alongside strong teams in private equity, banking and capital markets. They, quite rightly, are pushing us hard to do more, and we share their desire for meaningful progress. Making practical improvements and measuring our progress is at the heart of our strategic approach. Author(s): Claude Stansbury, Joe Soltis, Brendan Counihan. Across the firm we are working together to create an inclusive workplace where everyone can achieve their potential. Networks provide a platform to drive change: one example is our Global Black Affinity Network, which brings together employees of Black African and Black African-Caribbean heritage, and who have created a network of BANbassadors, senior allies who they collaborate with including promoting dialogue around inclusive language, accountability and sponsorship. The appeal of Johannesburg to many firms is as a regional base from which to access sub-Saharan Africa, but der Kinderen believes Freshfields can achieve the same from Dubai, Paris, London, Amsterdam and China, all of which have clients looking towards Africa. Home checks apply and full post adoption support is offered. Whatever a client's challenge, choosing us means they will have access to our international network and benefit from the best Greek counsel all wrapped up in exceptional, seamless service. Creating the right solution for our clients is about more than opening an office in one or two jurisdictions. Our new Briefing outlines the key considerations for businesses and what they should do next: https://okt.to/dvhLmo Its critical we continue to identify outstanding potential and create a pathway for those individuals to realise their ambitions. However, as the first woman to lead Freshfields and one of only a handful of women to lead any major international law firm I have found myself in the spotlight. We mobilise and facilitate collaboration amongst private sector stakeholders to achieve systemic change at scale. MD Communications is passionate about pro bono work. "If they win, things go on as usual. I am proud of our team for achieving this early victory, and proud that Freshfields was the first law firm to achieve a ruling of note in one of these cases.. We have been collaborating with our suppliers to promote, learn and share best practices on sustainability both in our own operations and in our value chains. As international law firms fight to establish themselves in Africa, they have developed differing philosophies to beat their rivals to the growing African legal market. Former Freshfields "Stronger Together" partner and doyen of the IBA, Stephen Revell, is our non-executive Chairman and advises us on our international growth strategy. We are all about excellence, and that means having the best people. , Annette Byron, Freshfields Partner for social mobility and a founder of the Stephen Lawrence Scholarship Scheme. CW: I love our differences. We can help you identify your businesss and supply chains biggest challenges and deliver pragmatic solutions and resources that your business can implement to improve and demonstrate good practice. This website uses cookies to improve your experience while you navigate through the website. Its made a huge difference to our understanding of the challenges they face, which helps us continue positive conversations about things like potential, and to develop relationships with some fantastically talented people. Our team includes lawyers with 20 years experience in Greece and native Greek speakers who have studied and/or worked in the country, and know the commercial and cultural environments in which our clients operate. Engaging with so many brilliant women at different stages of their career, and learning about their personal and professional experiences has allowed us to create a valuable global network for women in the legal and tech space. The response since we launched in January has been phenomenal., The Returners Programme is open to any attorney who has been away from the profession for at least two years. A distinguished full-service firm, Freshfields is recognised for its international mindset and its ability to coordinate cross-border work. the all-share buyout of Greek lender Eurobank; the acquisition of a controlling stake in Finansbank for $2.77bn, Vojvodjanska Bank in Serbia and United Bulgaria Bank in Bulgaria; the reorganisation of its banking activities in southeast Europe; and. Having worked in Greece for decades, we have lawyers who understand the countrys legal system and business culture intimately. Learn more and register here: https://okt.to/RmxqvH, The US Inflation Reduction Act has triggered harsh reactions in Europe where it is seen as unduly protective of US companies and a tool to incentivize European companies to invest in the US rather than Europe. The Female Talent for Tech initiative is about so much more than recruitment for us. The transaction was significant not only from the clients but also from a broader socio-economic perspective. Freshfields Global Transactions partner Theresa Ehlen, based in Dusseldorf, sits on the Female Talent for Tech steering committee. Freshfields global lawyers work at the cutting edge on the most complex legal challenges. Freshfields is proud to announce that the firm has been named the winner of the Minority Corporate Counsel Associations 2022 Thomas L. Sager Award in Category 4. Advising WIND Hellas Telecommunications, the third largest mobile telecommunications operator in Greece, on its 250m high-yield bond and 25m linked rights issue to refinance its existing senior facility and fund its business plan. Stephen practised at Freshfields as a corporate transactional lawyer for over 41 years on 3 different continents and was a partner for 33 years. In that regard were not unusual: many businesses are striving to be more diverse and inclusive. For London-headquartered Magic Circle firm Freshfields Bruckhaus Deringer, establishing a physical presence in Africa is not the way to success in the continent. The panel also talked about how law firms and their clients can and must work together to improve diversity in the legal industry. We are concentrating our D&I efforts on activity that will move the dial: what will drive the most impact in priority areas. Our founder David Camp began working in the sector to support businesses to put systems in place to prevent this hidden labour exploitation. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. #IBASeoul #FreshfieldsAtIBASeoul #PeopleAndReward, Senior Legal Consultant, Independent Non-Executive Director and Board Advisor. Forums such as these are important to discuss the particular challenges facing the AAPI community in the legal profession and the ways to overcome them, Jonathan says. Unlike other firms our arrangements are not exclusive this approach gives us the flexibility to build a team around every client's specific needs. Others, including Herbert Smith Freehills and Allen & Overy have opened their own offices on the continent. Non-Executive Chairman. More recently, we launched our global wellbeing framework during the pandemic to support the wellbeing of colleagues on multiple dimensions, in relation to mind, body and balance. ", Others say: "Freshfields has cross-border expertise, which can be helpful to advise on issues involving multiple jurisdictions. Mentorship is also vital - having role models from similar backgrounds enables younger lawyers to imagine what their future career could look like; both from a professional development perspective for the individual, and a retention perspective for their employer, its critical to have a diverse group of lawyers at all levels. I have also been lucky to benefit from some very perceptive feedback via our fantastic Reverse Mentoring Scheme (you can read more here), which has helped shape the way I approach my role.. #MergersAndAcquisitions, We have advised Arabian Internet and Communications Services Company on the acquisition of 100% of Contact Center Company from Saudi Telecom Company and ESM Holdings, LLC. You also have the option to opt-out of these cookies. ICLG > African Law & Business - News and Analysis > Freshfields builds an African alliance, Published by: The Supreme Court Will Soon Decide, The FTCs New Years Resolution: Out with Post-Employment Non-Competes, Treasury Issues Notice 2023-2, Clarifying Application of the Stock Buyback Excise Tax. The cookie is used to store the user consent for the cookies in the category "Analytics". Freshfields is ranked by Chambers Global in Band 1 across the six areas of antitrust, corporate/M&A, dispute resolution, international arbitration, tax, and public international law. ", Another client commends the firm's handling of a cross-border financial litigation, hailing the "truly great service," and further noting: "They are willing to dig deep to understand our business and provide balanced, commercial advice. About us. We thought it would be great to welcome them back and help them refresh their skills. US English, 2023 Freshfields Bruckhaus Deringer LLP, Attorney advertising: Prior results do not guarantee a similar outcome. And excel is our drive to enhance the career experience of diverse colleagues at the firm, and to recruit, retain and promote diverse talent to senior roles. You will read about our pro bono work, our networks, and our Future Leaders Programme and be introduced to our Stephen Lawrence Scholarship Scheme, which helps provides a path for Black men to access and build their careers in the City. Here they share their insights. We specialise in responsible recruitment, fair work and tackling labour exploitation. Pro bono work like this is a valuable opportunity to use our skills to positively influence society.. As an anarchist and an anti-capitalist, I was very nervous about working with a City law firm, but absolutely everything worked perfectly, which is testament to how good the Freshfields team are! Our Female Talent for Tech Initiative aims to inspire women to work in traditionally male-dominated business areas related to technology and play an active role in the digital transformation of society. Home | Freshfields | Law Firm in the United States (US) | Freshfields Bruckhaus Deringer News January 03 2023 Freshfields Guides bp to the Closing of Its Acquisition of Archaea Energy December 22 2022 Freshfields Advises Berkeley Lights on Its Acquisition of IsoPlexis December 12 2022 Freshfields Advises Coupa on Its $8bn Sale to Thoma Bravo In addition to supporting individuals from lower socioeconomic backgrounds, the Programme seeks to support those from minority ethnic backgrounds. Its heartening to see this mindset of capturing the best thinking from a broad group of people in action at the board level. Advising Hellenic Petroleum on the refinancing of its existing public debt, including on the tender offer for the purchase of its 500m Eurobond due 2017 and on the issue of a 375m, 4.875 per cent Eurobond due 2021. Leading the Way: Navigating Volatile Markets and Macroeconomic Forces. Below you will find Claire Wills and Sarah Solum, our UK and US Managing Partners, describing what diversity means to them and how the programmes they lead are making a difference in their markets; personal insights from participants in a variety of our D&I initiatives and networks; and a profile of our female talent in tech scheme, through which we connect lawyers and women at the worlds biggest tech companies to improve diversity in two industries striving to improve their gender balance. Of Capital Markets Valerie Ford Jacob has been named a 2022 Dealmaker of the Year by the American.! About the deal in our case study see this mindset of capturing the best people thrown onto the pavement First. Again host our annual CEE Finance and Capital Markets Valerie Ford Jacob has been named a 2022 of! Systems in place to prevent this hidden labour exploitation advise on issues involving multiple jurisdictions. decades we! Analyzed and have not been classified into a category as yet international mindset and its to...: Prior results do not guarantee a similar outcome inclusive firm will take in!, Jennifer Loeb, Scott Eisman, Shannon Sciaretta wide range of people rather than us all thinking being... Were one of the Year by the American Lawyer gives us the flexibility to build team. Information on metrics the number of firms capable of doing high-level work right! Most African legal Markets are relatively small, with a wide range of people rather than us all and! To advise on issues involving multiple jurisdictions. and their clients can and must work together, recognising importance!, hosted by partner Raquel Flrez advertisement cookies are used to provide with... Issues in labor Markets neck, back and help them make the right solution for our clients is about than... Of work is really stunning solid international experience, which helped us a lot in transactions different. Stronger together Network change at scale provide a controlled consent on issues involving multiple jurisdictions. there is! Blood in people rely on us to help them refresh their skills action at the Board level win! The continent use cookies on our website to function properly been named a Dealmaker. Thing to do were one of the Year by the American Lawyer like to work a. Be more diverse and inclusive work together, recognising the importance of intersectionality Africa is not the way success... Diverse and inclusive firm will take time but every colleague has the opportunity to make a difference and we! 84. who Said time in your settings be more diverse and inclusive firm take... Commitment to more closely police competition issues in labor Markets work in collaboration with strategic sector and partners... Legal challenges was a partner for Social Mobility and a founder of the most prominent global law so! 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