1 July 2002

The Lawyer

  • Alleged fraudster runs for Law Society council

    1-Jul-2002

    Baxendale-Walker stands for four-year post; £2m fraud hearing due for September

  • Beachcrofts turnover feels NHSLA cutbacks

    1-Jul-2002

    Beachcroft Wansbroughs has felt the force of losing work from the National Health Service Litigation Authority (NHSLA). Its 2001 turnover increased by just 1 per cent to £70.1m this year, as the national firm absorbed the impact of losing NHSLA work in London and Sheffield. The firm would not disclose its profit figure, but said that profits per partner had gone up, thanks in part to its new bonus system.While other firms with a litigation focus have reaped the benefits of this ...

  • Blandys gains planning ability with Clarks hire…

    1-Jul-2002

    Thames Valley firm Blandy & Blandy has poached planning and environmental specialist Simon Dimmick from rival firm Clarks.Although Blandys has done some planning work previously, Dimmick, who joins the property group on 9 September, will be the first specialist planning partner."His appointment will broaden the scope of services we provide in the property department," said Jacques Smith, a commercial litigation partner at the firm.Of Dimmick's longstanding clients, ...

  • Blandys lose two corporate lawyers in new Boyes raid

    1-Jul-2002

    Reading-based firm Boyes Turner & Burrows has taken a partner and an associate from the corporate department of Blandy & Blandy as part of its continuing drive to grow the firm.Philip Tranter, currently a partner focusing on intellectual property and IT in Blandys' corporate department, is moving to Boyes Turner to advise on corporate and corporate tax issues."He brings a strong client ...

  • Brobeck loses global co-chair

    1-Jul-2002

    Troubled US firm Brobeck Phleger & Harrison has lost the co-chair of its global venture capital practice just weeks after the mass defection of 17 partners to Clifford Chance.John Montgomery has left the firm to join 40-lawyer corporate boutique Carr & Ferrell. He will start at his new firm later this month.Montgomery is the firm's first high-profile partner to leave since the Clifford ...

  • Brobeck UK associates vote for redundancies

    1-Jul-2002

    Associate committee rejects partners' proposal of salary cuts in favour of layoffs

  • Callery v Gray appeal dismissed by Lords

    1-Jul-2002

    The House of Lords has dismissed an appeal by defence counsel Beachcroft Wansbroughs in Callery v Gray by a majority of four to one.The decision not to revoke earlier judgments on conditional fee agreement success fees and after-the-event (ATE) insurance premiums has been heralded by Beachcrofts' opposition, The Lawyer's Litigation Team of the Year Amelans, as a coup for claimants.Amelans partner Martin Cockx said: "I am very pleased that access to justice has won the day. ...

  • Camerons migrants programme 100% success

    1-Jul-2002

    CMS Cameron McKenna has won 100 per cent of its immigration cases for highly skilled migrants since January 2002. The firm has now successfully acted for 40 highly-skilled migrants applying to live and work in the UK without a prior job offer. This amounts to around 10 per cent of the 338 permits issued by the Home Office under the Highly Skilled Migrants Programme (HSMP). The Camerons HSMP team is led by ...

  • Charles Russell wins ex-Dechert chief

    1-Jul-2002

    Dechert has lost its former head of property to Charles Russell. Chris Edwards' decision to leave comes after a period of reinvention for his former practice since the transatlantic merger of Titmuss Sainer Dechert and Dechert Price & Rhoads in July 2000.A well-known and highly-rated name in the owner-investor ...

  • Deal of the week - kingsway partnership Pinsents signs Kingsway deal after decade of delays

    1-Jul-2002

    Lawyers to the Kingsway Partnership have finally advised on the signing of an £80m development agreement for the controversial Kingsway Business Park at Rochdale, but face continued opposition from landowners, including rival developer Deanbank Investments.The Kingsway Partnership includes housebuilder and developer Wilson Bowden, advised by Pinsent Curtis Biddle, the North West Regional Development Agency (NWDA), advised by

  • Deals summary

    1-Jul-2002

    Pinsent Curtis Biddle (Alan Greenough, Marina Fariba) has advised Ascent Technology on its £12.5m management buyout from Lynx Group. 3i provided equity and was advised by Wragge & Co. Debt provider Royal Bank of Scotland advised by Eversheds. DLA acted for Lynx Group.

  • Deals summary

    1-Jul-2002

    DJ Freeman (Jonathan Lewis) advised Benchmark Group on the acquisition of the freehold interest in Trevelyan House, 30 Great Peter Street, London, for £29.6m from KP Fund. Penningtons (Roger Loveland) advised KP Fund.

  • Deals summary

    1-Jul-2002

    CMS Cameron McKenna (Ian Parker) has led a joint CMS team, including lawyers from CMS Carnogursky Strommer Reich-Rohrwig, advising the Slovakian government on the restructuring of the energy sector. Under the terms of the deal, German energy group E.ON acquires a 49 per cent interest in Západoslovenská energetika (ZSE) for e330m (£213.7m).DWF Solicitors advised the Specialist ...

  • DJ Freeman aims for continued growth with Choice hire

    1-Jul-2002

    DJ Freeman has snapped up an in-house counsel from Choice Hotels International and appointed him as a partner in the technology and media department.David Schollenberger is an IT and intellectual property specialist who, prior to his in-house role, was an IT partner at Osborne Clarke.Schollenberger, a dual-qualified UK and US lawyer, has spent three years as assistant general counsel ...

  • Dresdner Kleinwort Wasserstein in City law firm shake up

    1-Jul-2002

    Dresdner Kleinwort Wasserstein is backtracking on its strategy towards external legal advisers as it sets up its first ever panel of law firms.It is understood that Allen & Overy, Ashurst Morris Crisp, Clifford Chance, ...

  • Earning a crust

    1-Jul-2002

    Pizza Express company secretary Patrick Hartrey is presiding over the largest expansion that the restaurant chain has ever undertaken. Emma Vere-Jones touches base

  • Eight new firms join Ecomlex

    1-Jul-2002

    Field Fisher Waterhouse's IT and e-commerce referral association has signed up eight new members, giving it a total of 15 firms. Ecomlex now covers all EU countries except Luxembourg and Greece.The new members are: Plesner Svane Grønborg from Denmark; Coelho Ribeiro e Associados from Portugal; Kennedy Van der Laan from the Netherlands; HH Partners from Finland; Saxinger Chalupsky ...

  • Employment alliance Ius Laboris targets South America with two new additions

    1-Jul-2002

    International employment alliance Ius Laboris is targeting growth in South America with the addition of Funes de Rioja & Asociados and Mesquita Barros Ad-vogados.Funes de Rioja of Argentina and Mesquita Barros of Brazil are niche firms specialising in employment, labour and benefits law.They join Ius Laboris just two months after US firm Seyfarth Shaw joined the alliance. The network now has a total of 12 member firms including Jaques Barthélémy & Associés of France, Claeys ...

  • FIRM PROFILE: Robert Muckle

    1-Jul-2002

    A management reshuffle has given Robert Muckle a new lease of life

  • Football League instructs Rosenblatts

    1-Jul-2002

    The Football League has instructed media and communications firm Rosenblatt & Co as co-counsel in its case against Carlton and Granada. It is the first time the firm has acted on behalf of the league.The firm is working alongside primary adviser Lawrence Graham to provide strategic and tactical advice.

  • Garretts quartet takes BA to TJG

    1-Jul-2002

    Taylor Joynson Garrett has picked up British Airways (BA), the biggest client of former Andersen Legal firm Garretts, after hiring four partners from the now defunct firm.BA relationship partner Andrew Smith, who joined TJG from Garretts at the end of May, has had confirmation that BA will move with him.The four-strong Garretts team has also had confirmation that Keith Barnett, Garretts' former head of property, will take clients London & Regional and Warner Estates to TJG ...

  • Gianni expands domestic empire with Bologna office

    1-Jul-2002

    Gianni Origoni Grippo & Partners is expanding its domestic coverage with a new office in Bologna, as it continues to negotiate its future relationship with Linklaters.Discussions over future cooperation between Linklaters and its Italian ally are ongoing in the run-up to the final winding down of the Linklaters & Alliance structure this summer.With no further deals to broker following the ...

  • Goodbodys snubs Elliot by instructing rival L'Estrange

    1-Jul-2002

    Former alliance partner Elliot Duffy gets cold shoulder as L'Estrange is chosen to advise the banks

  • Grimaldi spurns Clifford Chance life annuity deal

    1-Jul-2002

    In the latest twist in the Grimaldi Clifford Chance saga, The Lawyer has learnt that former senior partner Vittorio Grimaldi has given up his entitlement to a life annuity from the magic circle firm.Arrangements for Grimaldi's exit some 10 years earlier than originally planned took months to thrash out before he finally left at the end of May, taking four other partners and 26 lawyers with ...

  • Halliwell Landau consultancy arm opened with view to float

    1-Jul-2002

    Halliwell Landau has set up a consultancy arm, which it is considering floating on the stock market "very quickly". The consultancy service will provide companies with advice on executive compensation schemes. The firm plans to cross-sell its services to clients of the law firm and the new consultancy business and does not anticipate that this will create any conflicts of interest.The equity partners at Halliwells will own 85 per cent of the consultancy business between them. ...

  • Hammonds promotion sees new Leeds head

    1-Jul-2002

    Hammonds has appointed a new head for its Leeds office. Corporate finance partner Ian Greenfield will take over from former head Mike Henly, who has decided to concentrate on developing further the firm's commercial and intellectual property practice. Greenfield was elected by the firm's equity partners.

  • Herbert Smith and SJ Berwin advise on Musgrave's supermarket sweep

    1-Jul-2002

    Herbert Smith and SJ Berwin advised on Musgrave Investment's takeover of UK retail supermarket chain Budgens.A Herbert Smith team led by Gavin Davies and Gareth Roberts advised longstanding client Budgens on a takeover offer by privately owned Irish supermarket company Musgrave. The offer, which is worth around £231.6m, has been recommended by the UK firm's board.Musgrave already owns around ...

  • Insurance

    1-Jul-2002

    Summer is finally here, bringing Wimbledon, ice-creams and unsightly upper arms to the fore. For law firms it also signals the start of the professional indemnity (PI) renewal season. Firms have until the end of August to sort out their PI arrangements, so how does the land lie this year?The PI open market has been in effect for two years since the demise of the Solicitors' Indemnity Fund (SIF) in 2000. Last year the open market generated around £160m in premium income, compared ...

  • KLegal-KPMG target private equity houses

    1-Jul-2002

    KLegal is making a multidisciplinary push for mid-market private equity. The firm has set up a joint team with KPMG that will target private equity houses for acquisitions and non-transactional work.The team is headed by KPMG partner Oliver Tant and includes KLegal partner Moray Macpherson. The bulk of the team comes from KPMG's transaction services, which has provided five partners and 10 assistants to handle due diligence, one partner and four assistants come from the insurance ...

  • Latham boosts insolvency with Schulte Roth hire

    1-Jul-2002

    Latham & Watkins has poached bankruptcy specialist Mark Broude from Schulte Roth & Zabel. Broude joins Latham's New York office as a partner in the global insolvency practice group today (1 July). He has a broad bankruptcy practice, including business reorganisations and representing creditors' committees. He said: "As a top-tier global law firm, Latham offers the opportunity of growing my practice ...

  • Lawrence Graham takes on Mishcons partner

    1-Jul-2002

    Lawrence Graham has hired a Mishcon de Reya property partner in a bid to expand its institutional client base. Thelma Marshall has also worked for McGrigor Donald and in-house with Pearl Assurance's property department. First revealed on www.thelawyer.com/lawyernews on 27 June

  • Leader

    1-Jul-2002

    Is this the first chambers partnership in disguise? St Philips is now indisputably the largest set of chambers in the country, with every one of the tenants investing a minimum of £10,000 in the 'business'. It has committed itself both to professional management under a chief executive officer (who now commands a staff of 35) and to continuing as a multidisciplinary civil and criminal practice - in direct contravention of current trends at the bar. How on earth does it think it can ...

  • Lords overturns appeal ruling on wasted costs

    1-Jul-2002

    A landmark House of Lords judgment that sheds new light on the law of privilege has overturned a wasted costs order against two senior barristers.It overrules a Court of Appeal decision to impose the order for around £30,000 against Bernard Weatherill QC of Enterprise Chambers and Josephine Hayes of Gough Square Chambers.The order was imposed after they made fraudulent allegations against Roger Medcalf, the writer of TV game show Big Break. The Court of Appeal decided ...

  • Money laundering: new case raises fresh worries over reporting clients

    1-Jul-2002

    A landmark trial starts today (1 July) of a partner accused of money laundering that is likely to have significant implications on the requirements of lawyers reporting on suspicious clients.The current law states that lawyers have to report clients they believe are involved in suspicious activities. However, in this case the partner is charged with assisting in laundering even though at the time there was no evidence his client was acting suspiciously, his lawyers say.Jonathan ...

  • Nabarros' turnover inches up as profits drop five per cent

    1-Jul-2002

    Nabarro Nathanson has come in just under budget with a 5 per cent rise in turnover for the last financial year, but has shown a 5 per cent drop in profitability.Turnover rose from £87.3m in 2000-2001 to £91.4m, while profits per partner dropped from £363,000 to £345,000.Senior partner Simon Johnston put the profits drop down to tough market conditions and continued investment in areas such ...

  • Nigel Copeland struck off over 'tissue of lies'

    1-Jul-2002

    Former name partner of Burton Copeland found guilty by OSS of misleading client

  • Olswang quits Olswang

    1-Jul-2002

    Simon Olswang, founding partner and chairman of the technology media and telecoms firm that bears his name, is retiring.Olswang founded the firm in 1981 but has not done any fee-earning for some four years. He is understood to be leaving with an annuity package of around £200,000 a year for 10 years.Olswang handed over the reins of the firm to 36-year-old chief executive Jonathan Goldstein, ...

  • Opinion

    1-Jul-2002

    Sandie Craciun, head of secretarial services, Herbert Smith

  • Peter Rook QC made chairman of Criminal Bar

    1-Jul-2002

    Peter Rook QC has today (1 July) taken over as chairman of the Criminal Bar Association. Previously the vice-chairman, Rook succeeds Bruce Houlder QC. Rook vowed to support the modernisation of the criminal justice system while also defending its basic freedoms. "It is the responsibility of all those agencies who work in the criminal justice system to cooperate to make it serve justice and the public better," he said.

  • Piper Rudnick faces $9m damages claim

    1-Jul-2002

    US firm Piper Rudnick is being sued for at least $9m (£5.9m) in damages by the bondholders in bankrupt organisation Greater Southeast Community Healthcare System. Holders of $16.3m (£10.7m) in bonds have alleged that Piper Rudnick was negligent in its handling of a bond deal conducted in 1993.The claim against Piper Rudnick centres on the allegation that the firm failed to file a key financing statement at the time the bonds were issued. The absence of this filing means that the ...

  • Profits up as Speechly bucks trend

    1-Jul-2002

    Speechly Bircham has defied this year's trend as it releases figures showing a 5 per cent increase in profitability for the year ending 2002.While turnover rose by 10 per cent to £23.4m, profitability was also up from £295,000 per partner to £310,000.According to managing partner Michael Lingens, the firm performed very well at the beginning of 2001, which compensated for the slowdown ...

  • Reluctant hero

    1-Jul-2002

    DJ Freeman's new head of corporate Richard Spiller doesn't know why he landed the role, but Kathryn Hobbs is sure he is the right man for the job

  • Shearman lures Freshfields senior associate

    1-Jul-2002

    Shearman & Sterling has hired Freshfields Bruckhaus Deringer financial services senior associate Barney Reynolds as counsel. With the addition of Reynolds to its English law capability, Shearman has gained another ancillary service to support its core corporate and M&A practices. UK M&A ...

  • St Philips, Fountain Court set to merge

    1-Jul-2002

    Birmingham sets St Philips Chambers and No 1 Fountain Court last week voted overwhelmingly in favour of a merger, which will form the largest set of chambers in the country. The successful vote also confirms St Philips' commitment to a multidisciplinary civil and criminal practice and a future of professional management under a chief executive officer, currently Paul Wilson, and a management committee consisting of only three barristers.The merged set will boast 140 tenants, made ...

  • Sydney declared defamation hot spot

    1-Jul-2002

    Sydney is the defamation capital of the English-speaking world, according to a British legal expert working in the Australian city. Based on his research, figures show that one writ is served for every 79,000 people in the state of New South Wales, which is a higher rate than England, with one claim per 121,000 people, and much higher than the US, where the proportion is one claim per 2.3 million people.The figures have been compiled by the Communications Law Centre at the University ...

  • Trowers draws Poole from Hammonds for corporate

    1-Jul-2002

    Trowers & Hamlins has hired Hammond Suddards Edge corporate partner Tony Poole as it continues to grow its corporate department.Staff numbers in the corporate department have increased by 25 per cent in the last 12 months, and corporate work now represents 25-30 per cent of the firm's revenue."Over the last few years our corporate group has evolved rapidly," said Jennie Gubbins, ...

  • Weil Gotshal scoops WorldCom restructure

    1-Jul-2002

    Weil Gotshal & Manges has picked up another high-profile restructuring. Not content with working on Enron - the US's biggest bankruptcy - and restructuring telecoms company Global Crossing, the US firm is advising troubled telecoms giant WorldCom.Weil Gotshal has confirmed that a team led by New York corporate partner Jeff Weinberg and restructuring partner Marcia Goldstein is acting ...

  • Weil Gotshal to hike London trainees to eighteen

    1-Jul-2002

    Weil Gotshal & Manges has announced that it will retain all five of its trainees that are due to qualify in its London office in September. The total number of trainees in the London office as of September 2002 will be 18, with two more set to join in March 2003.

  • White & Case hires for litigation drive

    1-Jul-2002

    White & Case's London office has launched a three-year programme of expanding its litigation department by hiring Travers Smith Braithwaite partner Alistair Graham.He replaces Margaret Cole as head of litigation, although they will work together running the department.Graham has specialist expertise ...