1 March 2004
Congratulations to 1 Pump Court for living up to its self-penned tag of being a “radical and progressive” set.
Allen & Overy (A&O) partners have voted in favour of taking on Clifford Chance’s head of real estate funds and investment banking (Refib), Robert Porter.
Allen & Overy (A&O) has completed the landmark financing for Arsenal FC’s new stadium project, having beaten Norton Rose to the banking consortium’s work in a competitive tender.
Clifford Chance is set for a double partner departure to two rival magic circle firms.
Finers Stephens Innocent has landed its first work for Littlewoods thanks to its close ties with entrepreneurial siblings the Barclay brothers.
Blake Lapthorn Linnell has been dealt a blow with the departure of three partners in as many months.
Mike Collins on the McGrigors raids and why Burness should have merged with DLA. By Matt Byrne
It’s exciting but turbulent times for the construction industry in Scotland. By Lindy Patterson and Michael McAuley
US firm Cadwalader Wickersham & Taft is making a raft of redundancies in the London project finance group.
Yet another partner has been added to the long list of defections from beleaguered firm Morgan Cole. Cardiff-based Bill Witter is leaving the firm to take up an in-house role at a client, Welsh housing association Shaw Homes.
Mediations handled by CEDR Solve increased by 35 per cent last year, despite widespread feelings that the process is not a viable alternative to court litigation.
Investment from Irish players is helping to keep the Scottish property sector alive and kicking. By Robin Garret
Legendary Cleary Gottlieb Steen & Hamilton partner Edward Greene has quit the firm to become general counsel of Citigroup’s Global Corporate and Investment Banking Group (CGIB).
Scotland’s new Law Society president has big plans. Morton Fraser’s Duncan Murray talks to Matt Byrne
Cameron McKenna’s CMS alliance has moved closer to full integration after French member CMS Bureau Francis Lefebvre (BFL) revamped its remuneration system.
Will Falconer’s £32m Supreme Court dash investment plan for Commercial Court? By Naomi Rovnick
The way in which the courts award interest on debts and damages was "confused, arbitrary and outdated" and gave the impression that the legal system was "living in the past", according to a report published by the Law Commission last week.
US firm Crowell & Moring has continued its slow but steady growth in the European market by tripling its office space in London and hiring new lawyers from CMS Cameron McKenna, Weil Gotshal & Manges and Jones Day.
Osborne Clarke’s Belgian ally De Wolf & Partners has launched a tax department, snatching a partner from KPMG correspondent firm Lontings & Partners.
Charles Brown, the head of Dechert’s City construction practice, has become the latest partner to exit the firm, moving to the London office of Philadelphia’s Duane Morris. Brown, who has been at Dechert since 1996, specialises in construction projects and litigation. He advised the Kingdom of Bahrain in the Sheikh Isa Airbase dispute and the architects on the London Eye. The hire brings to eight the number ...
Media lawyers were voicing their concerns over plans for EU harmonisation this week that would allow claimants to sue for privacy using the law of any country where the material has been published.
Every year over 1,000 women take legal action claiming they were sacked because of their pregnancy, according to a report published by the Equal Opportunities Commission which called for more research into whether the tribunal system discriminated against expectant women.
Competition clearance for the $925m (£491m) acquisition of ABB’s oil and gas services division by a consortium of Candover, JPMorgan and 3i was granted last Tuesday (24 February).
National firm continues growth drive with additions to banking and litigation teams
DLA has hired Linklaters’ former Spanish head of employment Luis Peinado. A managing associate, Peinado was head of employment at Linklaters until he left in December. He has advised national and international companies in Spain and recently advised HSBC on the restructuring and downsizing of its commercial and investment branches there. Linklaters managing associate Naiara Rodríguez-Escudero took over ...
EU member states are close to reaching an agreement on a framework directive establishing the mutual recognition principle in matters involving the confiscation of the proceeds of crime.
An internet public consultation has been launched by the European Commission into a planned directive laying down clear rules on the transfer of a company’s registered office from one European Union (EU) country to another.
EY scrambles to salvage Continental legal network as its leader concedes defeat to Sarbanes-Oxley
Take a look at Clark Holt’s website and one page in particular is shocking. There, for all the world to see, is a statement of the firm’s fees. “Why not?” says managing partner Richard Clark. “We’ve got nothing to be ashamed of. We regard ourselves as a straight-down-the-line, transparent firm. Clients will pay if we’ve delivered a good service, our rates are highly ...
Scottish finance lawyers need to be as agile as their clients, says Michael Watson
WEIL GOTSHALIn last week’s story on US firms’ financial results, an unfortunate transposition led to errors in reporting Weil Gotshal’s figures. Turnover is $801m, up 16.5 per cent, not $730m as stated. European turnover is $150m, not $263m. It was also wrongly stated that Baker & McKenzie’s $1,134m turnover reflected a fall of 5 per cent. In fact this represents a 7 per cent rise.
Further law firms may be forced to hand over client documents after the Rome office of Freshfields Bruckhaus Deringer handed over papers to Italian state prosecutors in relation to their investigation into high-profile businessman Sergio Cragnotti.
Magic Circle firm Freshfields Bruckhaus Deringer last week contacted its clients as part of a campaign to persuade ministers for a change in the law to enable directors to limit their liability.
Collaboration is the watchword for IT innovation in Scotland, says John Salmon
Gianni Origoni’s close association with Linklaters has helped it score Cisco Systems as a new client.
Two out, two in. Here's Hammonds about to hire two sports partners - Louise Quinn and Alastair Bell - from Olswang. Meanwhile, Olswang is in advanced discussions with two private equity partners - Jonathan Pittal and Perry Yam - from SJ Berwin.
Which media lawyer was spotted at the Erotica show at Earl’s Court showing off to his partner in a rubber gimp suit?
Herbert Smith and Stibbe have completed their second deal for Getronics after the IT giant instructed the alliance partners in favour of longstanding adviser Linklaters.
Howard Kennedy has won new client ING Real Estate Development with the hire of new partner Deborah Swanwick from Lawrence Graham.
The Proceeds of Crime Act has created outrage among family lawyers, who may have to secretly act against the interests of their own client and breach professional privilege. By Jon Robins
The International Chamber of Commerce (ICC) is fighting a legal decision it fears could make United States courts de facto global anti-trust regulators, even in cases with a negligible impact on the USA.
Where US lawyers lead, UK lawyers will follow. Naomi Rovnick on the opportunities for lobbying
Jersey law practice the Sinel Group has followed the latest trend of Channel Islands firms setting up in the Caribbean by launching a practice in Anguilla.
Some people will do anything to get into The Lawyer. Larissa Lowe, a licensing solicitor at Horsey Lightly Fynn, was so keen to see her name in print that she not only travelled to Belgium (a stupendous effort in anyone’s book), she also jumped over the equivalent height of a double-decker bus – some 3.58m.
Latham & Watkins’ Paris office has raided independent French firm Sokolow Dunaud Mercadier & Carreras for a nine-lawyer litigation team including name partner Patrick Dunaud.
Editorial – The erosion of client confidentiality Civil libertarians were predictably and rightly outraged last week when ministers unveiled new powers for our very own version of the FBI, the Serious Organised Crime Agency (SOCA).
Poor Patrick Bignon. Just imagine: you emerge from the wreckage of Andersen Legal, you still believe that MDPs have a future and you get steamrollered by Sarbanes-Oxley. And you still keep trying. That takes a lot of optimism.
A severe shortage of assistants – those new, conscience-plagued ones who keep wanting to get their life in balance and leaving to go round the world and doing other unlawyerly things such as voluntary work – has brought crisis to the Lawyer’s department. The Lawyer has been tasked with finding a few replacements, but apparently advertising for them was so expensive it would have ...
Linklaters has elected Michael Lappe as its new German senior partner following the decision of incumbent Rudolf Colle to step down to concentrate on client work. Colle, who had served a three-year term in the post, will officially stand down on 30 April.
Linklaters Spain has achieved a stranglehold on the banks representing Spanish companies issuing bonds on the equity capital markets.
Gordon Pollock QC today won a Court of Appeal victory forcing the Bank of England to disclose certain communications with its law firm, Freshfields Bruckhaus Deringer, that the bank had sought to keep secret.
Davies Arnold Cooper (John Smith) negotiated a £250,000 no-liability settlement on behalf of Wolverhampton Wanderers and Kevin Muscat for an alleged bad tackle on former Charlton Athletic Midfielder Matt Holmes. Holmes alleged the 1998 tackle ended his football career. DAC instructed Richard Davies QC (Essex Street Chambers). Collyer Bristow (Andrew Irvine) advised Holmes, instructing Michael McParland (4 Essex Court).
Lovells has solved its Spanish problem with the recruitment of Cuatrecasas head of corporate Jose Maria Balana de Eguia, who will open a Madrid office for the firm.
Just as the Spanish have got the hang of how to pronounce Lovells (previously the whisper in Madrid was “Low Balls are coming, Low Balls are coming”), it seems the City firm may have to change its name.
The EU is to pay for a new software system, computers and other IT equipment to improve the judiciary in the former Yugoslavian republic of Macedonia.
Macfarlanes’ new boy brings NIB Capital Bank" /Macfarlanes has scored a new banking client thanks to recent recruit Tom Speechley, who joined in January to bolster the firm’s acquisition finance capability.
Zahida Manzoor, the Legal Services Ombudsman, has been appointed as the Law Society’s legal services complaints commissioner. Secretary of State for Constitutional Affairs Lord Falconer made the appointment in response to concerns that the Office for the Supervision of Solicitors (OSS), the Law Society’s complaints arm, was not effective or efficient. Manzoor will have powers to set targets for complaints, make recommendations and require the OSS to submit a plan for improved complaints ...
Thanks to Finers Stephens Innocent for laying on a splendid Creole-themed Mardi Gras client bash last Thursday (26 February) and inviting Tulkinghorn along.
Masons has taken advantage of its recent appointment to Lancashire County Council’s panel by beating Eversheds to one of the largest waste management private finance initiative (PFI) projects to date.
US firm Masons Thelen Reid has become the latest Western law firm to develop a presence in Iraq after setting up an association with a local firm.
Ministers last week unveiled improvements to its draft Mental Incapacity Bill which would provide a new statutory framework to protect vulnerable people, carers and professionals.
One of Mishcon de Reya’s best-known partners, David Glick, has left to set up his own media and entertainment-focused group of companies. Glick, noted for his deal-doing abilities in the music business, counts Craig David, Fatboy Slim, Nick Cave and The Kinks among his clients. His new business will be known as the Edge Group and will feature a legal services business (Edge Legal) and a boutique management ...
US firm Morgan Lewis & Bockius has returned strong figures for 2003, with revenues and profits rising by around 13 per cent.
Lancashire firm Stephensons is opening in Manchester in March. The office will be headed by Mike Devlin, currently based in the firm’s Salford office. Devlin, an expert in child care and an adviser to Manchester City Council, plans to build the Manchester office on a platform of care work. The firm also hopes to break into the city’s commercial market, primarily in property.
Olswang is poised to bulk up its private equity team with the hire of two SJ Berwin partners Jonathan Pittal and Perry Yam.
Lawyers are preparing for Europe’s ‘big bang’ on 1 May, when, as well as the accession of 10 new member states, a package of measures intended to modernise the existing European system of competition law will be introduced. Among these measures is a revision to the special exemption from competition rules, the Technology Transfer Block Exemption Regulation, issued by the European ...
As Five’s head of legal, Paul Chinnery is fighting to ensure the independence and freedom of the television station post Reynolds and the Hutton Report. Alex Wade investigates
The Private Equity Lawyers Forum, an organisation formed in May 2003 for in-house lawyers within the sector, is to hold its first conference on Friday 2 April 2004. It is believed to be the first instance of in-house lawyers grouping together on an industry basis to specify their own training needs. The forum has the support of the British Venture Capital Association and the Law Society’s commerce and industry group. For more information, contact Claire Wilkinson at Wilkinson@abingworth.com. ...
North West firm Ricksons is poised to dispose of its claimant insurance arm Axis Solicitors, as part of the firm’s strategic shift towards corporate and commercial work.
Newcastle firm Robert Muckle has picked up Balfour Beatty Construction (BBC) as a new client following the move of former MacRoberts projects partner Neil Wilson to Tyneside last year.
The Scottish in-house lawyer’s representative group is embarking on an ambitious and expanded programme of training for its members to meet the demands of constantly changing areas of law.
The Lawyer features editor Matt Byrne presented two future stars of the Scottish legal market with prizes last month at the annual Scottish Legal Awards in Glasgow.
Scotland is in an enviable position to take advantage of renewable energies such as wave and wind power. Nick Atkins gives the lowdown
You can’t keep a Dutchman down. Despite losing a hefty chunk of its tax team to rivals De Brauw recently in the shape of partner Dick Hofland, Freshfields’ Amsterdam office has already bounced back with a spanking new strategy. Apparently, office managing partner Hans Galavazi has been transformed into Major Chip Hazard, the biggest baddie from 1998 cartoon epic Small Soldiers. “When missile technology is used to enhance toy action figures, the toys soon begin to take their battle programming ..
The three largest Spanish firms have turned in a steady set of annual results, all experiencing revenue growth around the 10 per cent mark.
Lawyers have been forced to take extreme measures to protect themselves against attacks from animal activists, including carrying personal attack alarms and taking alternative routes home.
US firm Steptoe & Johnson has become the first firm to benefit from the dismantling of Oppenheimer Wolff & Donnelly’s European network.
Sullivan & Cromwell has elbowed aside Linklaters and Shearman & Sterling to advise France Telecom on its €3.9bn (£2.61bn) takeover of internet service provider Wanadoo.
Taylor Wessing is planning to restructure its compensation process as the firm edges towards a common accounting system for the UK, Germany and France.
Forth Ports’ CEO on success, ethics, and what he wants from his lawyers. By Matt Byrne
Scottish law firms have had plenty of challenges to deal with. Matt Byrne gives the inside track
The capital projects department at Tods Murray has registered its best-ever half-year figures, following the completion of four private finance initiative (PFI) projects originating in England.
The existence of a pro bono and legal aid programme in the Cayman Islands is largely thanks to a number of UK-qualified lawyers.
Freeserve’s high-profile general counsel David Melville has moved to a regulatory role at parent company Wanadoo International, the French service provider being bought by France Telecom.
The management of Weil Gotshal’s global litigation practice is being decentralised following 100 per cent departmental growth in the past five years.
Clifford Chance Moscow co-managing partner Hermann Schmitt and tax partner Irinia Dmitrieva have moved to White & Case.
Willkie Farr & Gallagher partner Dominique Mondolini is running in the Paris Bar’s first election next week seeking to capture the vote of international firms vexed by recent tensions with the Bar.
Shearman & Sterling has hired a member of the executive committee from leading US litigation firm Winston & Strawn as well as a litigation partner from Bingham McCutchen.
Balfour Beatty’s sole in-house lawyer says it’s best to be hands-on when it comes to PFIs
Miguel Rodriguez Mendose, head of Van Bael & Bellis’s Geneva office and former deputy director general of the World Trade Organisation (WTO), has been appointed chairman of the WTO panel ‘European Communities – Protection of Trademarks and Geographical Indications’. The panel will rule on US and Australian complaints over the EU’s system of trademarks and geographical indication for agricultural products and foodstuffs. He is joined by Seung Wha Chang of Korea and Peter Kam-fai Cheung ...