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  • One of Washington’s most highly regarded law firms, Covington & Burling, announced last month that it would merge with the smaller firm of Howard, Smith & Levin.
  • During the economic crisis of 1997, Korea promised to open its legal market to international competition, but the extent of liberalization is still undecided. Koreans want little change, as slow as possible. US firms seem unconcerned. But UK firms have been lobbying hard for an open market. Rob Mannix reports
  • Cravath Swaine & Moore and Simpson Thacher & Bartlett are advising on the world's largest corporate deal.
  • German firm Haarmann Hemmelrath has announced the names of the UK partners it has hired to staff the new London office which opens this spring. Jay Birch joins the firm from Hammond Suddards of Manchester.
  • UK firm Osborne Clarke has added French firm Stehlin & Associés to its European alliance and has pledged increased cooperation with existing partners in Germany, Denmark, Holland and Spain.