1 December 2008
The Solicitors Disciplinary Tribunal hearing against Jim Beresford of Doncaster-based Beresfords Solicitors has been adjourned due to the case proving more technical than expected.
Collyer-Bristow is facing a £50m legal battle brought by more than 500 investors in schemes drafted by the firm’s former company commercial chief John Bailey.
Irish firms A&L Goodbody and Arthur Cox have reprised their roles for Ryanair and Aer Lingus respectively as the former prepares to make another attempt to buy the latter.
Allen & Overy (A&O) has cemented its relationship with HBOS, according to the latest Hemscott tables, which rank law firms by the number of FTSE100 clients on their books.
The appointment of a new legal chief for Lincolnshire County Council’s pioneering in-house practice has been thrown into doubt by allegations from a former colleague.
Addleshaw Goddard has brought in a former Wragge & Co partner to help develop a network of Indian relationship firms.
Ashurst has redeployed three corporate and three finance junior associates to its energy, transport and infrastructure (ETI) team as the transactional side of its business has slowed down.
Baker & McKenzie has won a mandate to help set up a $5bn (£3.4bn) eco-friendly private equity fund run by former Man Group chief executive Stanley Fink.
Bird & Bird has entered into an association with Singapore firm Alban Tay Mahtani & de Silva (ATMD), due to take effect from 1 January 2009.
Bryan Cave has officially launched its Paris branch, following a three-partner raid on Dechert in July.
As international firms turn their attention to Asia and the Middle East, their Viennese counterparts have increased their efforts in Central and Eastern Europe. By Chris Crowe
Czech Republic government work may not be as thick on the ground nowadays, but with increased entrepreneurialism and a rise in PPPs, there’s still plenty of deals to chase.
Hungary’s domestic law firms are seizing the chance to attract the best clients locally in the wake of their larger international counterparts’ exodus. By Nicola Laver
Christie's general counsel Nick Deeming has begun constructing the auction house's first legal panel and has written to a number of firms inviting them to tender.
The only consumer body able to bring class actions in the UK has slammed the system for being costly, time-consuming and offering little reward.
Cleary Gottlieb Steen & Hamilton, Dewey & LeBoeuf and Milbank Tweed Hadley & McCloy have matched the new market rate for year-end associate bonuses.
Clifford Chance has suffered its fourth litigation defection in New York in days.
Clifford Chance US hit by triple partner departure" /Clifford Chance's US litigation practice has been hit by the defection of three partners just weeks after losing a partner duo to Bingham McCutchen.
CMS Cameron McKenna has signed an agreement with two other members of the CMS alliance to merge their operations in Moscow.
Offshore firm Conyers Dill & Pearman is launching in Brazil following an upsurge in investment flowing in and out of the country.
Davis Polk & Wardwell has followed the lead of US rivals Cravath Swaine & Moore and Simpson Thacher & Bartlett by halving its bonus payouts for 2008.
Former Freshfields Bruckhaus Deringer managing director Kirk Stephenson committed suicide by jumping in front of a train, an inquest has concluded.
DLA Piper partner quits equity" /DLA Piper private equity partner Andrew Holt is leaving the firm’s equity to become a consultant in its Manchester office.
DLA Piper has launched a redundancy consultation that could lead to up to 40 job losses across its UK offices.
Field Fisher Waterhouse (FFW) has launched the largest redundancy consultation of the UK legal market so far, after starting talks with 175 support staff in London.
Cadwalader Wickersham & Taft has suffered its fourth partner defection since it was forced to lay off 96 lawyers during the summer.
Goldman Sachs restructuring supremo James Sprayregen has shocked the New York legal market with a return to his former law firm, Kirkland & Ellis.
The Guardian newspaper has lost its head of legal Nuala Cosgrove to media regulator Ofcom.
Herbert Smith ally Gleiss Lutz has pulled out of the Czech Republic and Poland, with Austrian firm Schoenherr taking over its offices.
What a difference a month can make.
Indian firm FoxMandal Little (FML) has continued its expansion, opening two new Indian offices.
Energy company E.ON is rolling out an in-house mediation service to resolve disputes between its hundreds of subsidiaries as well as external businesses.
Mr Justice Mann has accused Scottish firm McGrigors of “dopiness” in the advice it gave to Reid Minty founder Andrew Reid in a High Court dispute with former employees.
As redundancy packages go, that offered by Nabarro to the 22 staff currently in consultation is on the good side of average.
Latham & Watkins has shaken up its Middle East management structure – replacing its regional partner Rindala Beydoun in favour of London partner Bryant Edwards.
Blake Lapthorn has re-elected its senior partner Jonathan Lloyd-Jones for a further three-year term.
Latham & Watkins, Mayer Brown and Wachtell Lipton Rosen & Katz have snared key roles advising on US bank Capital One’s acquisition of Chevy Chase Bank.
Mishcon de Reya has become the latest firm to launch redundancy talks with staff.
Simon Pritchard, senior director of mergers at the Office of Fair Trading, will move to Allen & Overy at the beginning of next year, becoming a partner in the antitrust practice.
Intellectual property (IP) disputes in the High Court have shot up by 83 per cent in the past year as businesses move to protect their IP rights in the downturn.
Mobile phone company O2 has completed a radical overhaul of its legal function that has seen general counsel Justine Campbell leave the company and Clifford Chance and Herbert Smith appointed as sole advisers in Europe.
It may be thought that there is an uneasy relationship between after-the-event insurance and third-party funding, but my experiences have shown this is not the case.
Osborne Clarke is to make eight fee earners and one member of support staff redundant.
Outer Temple Chambers has recruited a Saudi-qualified lawyer to practise as a barrister in the UK.
When is a former partner still a partner? This is the key question that Mr Justice Warren has the hard task of answering.
Firm tears up tax year deferral plan in response to bleak predictions for the year ahead.
The Government’s taxing of buildings left empty is not having the desired effect of filling the premises and has instead created more dangerous buildings, a loss of jobs and a disincentive on the part of developers. By Lee Nuttall
The Government’s attempts to fast-track its so-called eco-town planning procedures have hit an impasse. Simon Ricketts reports
Proskauer Rose has become the latest US firm to announce layoffs, shedding 35 associates and 25 support staff.
Rawlison Butler is not a firm that likes to splash its cash.
Reed Smith to shed 11 City associate jobs" /Reed Smith has launched a redundancy consultation in the UK with 11 associate jobs under threat.
When Pavel Klimov embarked on his career in communist Russia he had few options open to him. Now he is a globetrotting lawyer in charge of Unisys’ Emea legal team.
It is refreshing to learn that while many firms are wielding the big redundancy axe, there are still firms that are trying to buck the trend and anticipate measured growth during the recession.
Lovells Continental Europe head Harald Seisler has stepped down from the role after running an unsuccessful campaign to become firmwide managing partner.
The Serious Fraud Office (SFO) could face a £10m legal bill following the collapse of its £25m, six-year investigation into alleged price fixing by drug manufacturers.
Shearman & Sterling has embarked on a major expansion of its Middle Eastern practice, transferring three partners and seven associates to its Abu Dhabi office.
Over the last two months a raft of firms have used their resources flexibly to save on recruitment fees and prevent redundancies.
Simpson Thacher & Bartlett has made up two corporate finance lawyers in London in its latest round of partnership promotions.
Slaughter and May and SJ Berwin have profited from their longstanding ties with British Airways (BA) and Qantas, advising the two respective airlines on their proposed merger.
Still a hotbed of financial activity, Central European law firms are placed in and around an emerging market that has much to offer lawyers.
Dr Johnson famously said that the prospect of hanging concentrates a man’s mind wonderfully. It can equally be said that the prospect of an economic recession concentrates the legal adviser’s mind wonderfully. Or at least it should do. So how should property lawyers approach their work in the current climate?
Real estate is one of the sectors worst affected by the economic downturn. But the difficulties of the market have inevitably brought new opportunities and challenges for real estate lawyers as they stick by their clients.
Stephenson Harwood lawyer killed in Mumbai" /Stephenson Harwood is grieving for colleague Lo Hwei Yen, a lawyer at the firm's Singapore office who lost her life in the Mumbai terror attacks.
As some European lawyers fret about where their next instruction is coming from, their Swiss colleagues are busy burning the midnight oil.
Firms experience a changing of the guard as key partners move on or into management.
UK litigators at US firms are overwhelmed with credit crunch-related disputes, but do any of them have a truly transatlantic practice?
Travers Smith has become the latest firm to make redundancies, shedding four associates across its real estate and corporate groups.
Tulkinghorn’s lip curtains are twitching. It must be the end of Movember, the month in which his scribes grew moustaches to raise money for prostate cancer. It’s been a long, arduous slog but the results speak for themselves. Tulkinghorn doffs his cap in the direction of those who supported his moustache-growing freaks.
Allen & Overy, Clifford Chance, Herbert Smith, Latham & Watkins, Norton Rose, and White & Case win right to practise local law in SIngapore.
White & Case unveils new management structure" /White & Case has revamped its management structure for the second time in two years, electing new practice and regional group heads.
Building materials supplier Wolseley has revamped its UK legal panel, retaining only Addleshaw Goddard and Eversheds for all its legal needs.