Magic circle duo set to open in Washington DC
Allen & Overy (A&O) is to open its second office in the US, with the firm launching in Washington DC next month through a team hire from O’Melveny & Myers.
The launch comes as magic circle rival Linklaters plans its own entrance to the US capital within the next year, at which point all of the magic circle bar Slaughter and May would have a presence in Washington.
It is understood that Linklaters is planning to open in Washington within the next 12 months. The firm declined to comment but it is believed New York competition partners Jeffrey Schmidt and Thomas McGrath could relocate to Washington if the firm does go ahead with a launch.
One Linklaters partner said: "Relocation [to Washington] would make sense for the two partners. They are currently travelling back and forth relentlessly and a launch in the regulatory capital of the world is inevitable for the firm."
A&O announced yesterday (29 June) that is due to open in Washington on 18 July, with the hire of two financial regulatory partners from O’Melveny and the relocation of US banking head David Slade from New York, who will become office managing partner.
Partners Barbara Stettner and Chris Salter, and Charles Borden, a counsel at O’Melveny who will join A&O as a partner, are expected to join along with a number of lawyers. A&O hopes to have 12 associates in place when the office opens.
In addition to regulatory advice, A&O plans to add capacity in securities enforcement, banking, commodities, antitrust, intellectual property, derivatives, project finance, anti-bribery & corruption and international arbitration.
Senior partner David Morley (pictured) commented: "Washington DC has been a strategic priority for some time but it was important to find the right team. If it is important to our clients, then it is important to us. Washington is not just the regulatory capital of the US, it also has a deep talent pool of good lawyers. It is important to note that this is a long-term investment for us and we intend to significantly grow the office going forward.
The Magic Circle - News

That would make this year's results – where the highest growth in profit among the four magic circle firms was 10 per cent at Clifford Chance – look lacklustre. The four firms – Clifford Chance, Linklaters, Freshfields Brukhaus Deringer and Allen

The launch comes as magic circle rival Linklaters plans its own entrance to the US capital within the next year, at which point all of the magic circle bar Slaughter and May would have a presence in Washington. It is understood that Linklaters is

Magic circle firms including A&O and Clifford Chance have merged with local Australian firms in the past year. Norton Rose, meanwhile, established a presence in all three markets over the past two years by bringing local firms under its umbrella using
Norton Rose is the standout performer among the UK's top 20 largest firms by revenue for the 2010-11 financial year. Powered by its 1 January 2010 merger with Australian firm Deacons, Norton Rose has risen by three places in the table,
Magic circle firms have had their positions on Barclays' legal panel reduced drastically following a radical shake-up of its roster. The bank's latest panel review of its UK and US firms, announced last Friday (1 July), has introduced a new US
London magician gets promoted within the magic circle | London ...
The exam is made up from 30 points and to pass you have to get at least 28 they don’t just judge you on your magic, your appears also is taken into account and I was warned a few day before hand I had to have clean shoes, which I already had so was easily wound up.
After the long wait to find out I received an email from the Acting Examinations Secretary which you can read below
Dear Robert,
I am delighted to officially confirm that you are now an Associate of The Inner Magic Circle – congratulations. I hope this will be the continuation of a long and happy association for you with the world’s premier magic society. Council took no time at all in reaching its unanimous decision to promote you.
I will be sending you a hard copy of this letter, your certificate and badge.
Please visit us whenever you can. We will be delighted to see you.
Congratulations again on becoming an Associate of the Inner Magic Circle.
Best Wishes
David
David Weeks MIMC
(Acting Examinations Secretary)
AIMC with a silver star is the highest grade you can earn at the magic circle, which as my exam was performed something else i received however you can be given MIMC which is only give and only 400 member can hold this position at one time, unfortunately only death free up a position.
Till next time.
The magic circle.
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