10 April 2006
Bird & Bird has complained to its landlord after a burlesque club, known as Volupté, opened underneath its Chancery Lane office.
Richards Butler has found its white knight and it may just be enough to save it. While the firm was not quite hooked up to a life-support system á la Hammonds, its average profit per equity partner is astoundingly low: £375,000 once you remove Hong Kong from the equation.
Allen & Overy (A&O) and Wragge & Co have been dumped as primary advisers to BT following a major review of the telecoms giant's legal panel.
Addleshaw Goddard: Onus on the bonus" /The growing pains of mergers and becoming one of the UK’s biggest national law firms has not been easy for Addleshaw Goddard, but out of it the firm has evolved an HR strategy that has proved a winner with the staff.
Addleshaw Goddard is beefing up its partnership law offering by adding project management to the advice it can offer to professional clients converting to LLP status.
Germany's Beiten Burkhardt posted a record turnover for 2005, with revenues up 20 per cent.
Slaughter and May's Italian best friend Bonelli Erede Pappalardo has snapped up Milan IP boutique Studio Legale Guglielmetti as part of a plan to rebuild the practice following the death of promising senior associate Carlo Coppi last summer.
London West End firm Davenport Lyons has a new employment partner in John Hayes.He joins from City firm Bracher Rawlin and has experience advising US businesses, especially in the recruitment, retail, construction and professional services sectors. Jon Parker
Browne Jacobson: Environmental control" /Nottingham-based law firm Browne Jacobson made it into The Sunday Times annual best places to work list for the first time this year.
The ongoing problems within the UK construction industry need to be overcome in time for the 2012 Games, says Steven Williams
CMS Cameron McKenna has begun a two-year partnership with Donmar Warehouse Theatre as part of its expanding corporate social responsibility (CSR) programme.
Clifford Chance has promoted 37 lawyers to its partnership, its largest promotion in four years.
Clifford Chance has strengthened its Dutch capital markets team with a new partner from Freshfields Bruckhaus Deringer.
Forty-three of London's biggest law firms have handed the City of London Law Society (CLLS) a mandate to be their representational and campaigning body.
Publisher Informa has appointed its first general counsel picking its CMS Cameron McKenna relationship partner John Burton.
Cobbetts Birmingham head Stephen Gilmore has quit the firm after 30 years of service to follow his own business interests.
Out comes the sun, and out come the lawyers raising money for charity. Among the most ambitious is Harrogate solicitor Paul Berwin, who aims to raise money by running in both a marathon and a triathlon.
Wachtell and Skadden seek to avoid political showdown
Simmons & Simmons has announced that former managing partner David Dickinson will become the firm's new senior partner after he won a close election against Italy managing partner Richard Slater.
DLA Piper heads promotions table with fifty-nine made up" /Allen & Overy (A&O) made a record number of promotions this year, while Linklaters ...
Formed in 1904, Duane Morris turned 100 the year before last.
Denton Wilde Sapte (DWS) has landed a Reynolds Porter Chamberlain (RPC) lawyer to fill the new role of head of employment in Milton Keynes.
Withers has raided the employment team at Eversheds, poaching London practice head Elaine Aarons, who left after complaining of conflict problems at the national firm.
Kent firm Warners has certainly got a busy rest of 2006 coming up: October will see the firm convert to LLP status.
Two former Nörr Stiefenhofer Lutz partners have set up a finance boutique in Germany in a bid to offer a more personalised service to clients.
Ronnie Fox, the former senior partner and founder of Fox Williams, is leaving the firm at the end of April, it emerged this morning (13 April).The firm issued a short statement announcing Fox’s departure, but refused to comment on his plans for the future.Fox stepped down as senior partner a year ago, to be replaced by fellow name partner Tina Williams, who today wished Fox success and happiness.
Cirque du Soleil is not your usual circus. There are no animals and, a lot of the time, no big tops. Instead, the company's 600 artists tour the globe performing breathtaking acrobatic feats as part of colourful and surreal shows.
Freshfields Bruckhaus Deringer has appointed London partner Michael Raffan as the new head of its financial services practice.
Freshfields Bruckhaus Deringer has finalised plans to radically overhaul its partners' treasured pension scheme, with some older partners accepting that they may receive as little as 40 per cent of their entitlement.
Networking opportunities cannot be exploited fully unless you do your homework. By Matthew Record
Allen & Overy (A&O) has become the only law firm to work on the entire recent series of bond issues by the Islamic Republic of Pakistan, having advised on an $800m (£456.7m) global securities offering.
Herbert Smith's Brussels office is set to relocate to shared office space with alliance partners Stibbe and Gleiss Lutz. The lease was signed last week and the new arrangement is expected to see the three firms move to the new office space by January 2007. This is the latest moved Herbert Smith has made as it seeks to strengthen its links with its friends at Dutch firm Stibbe and German firm Gleiss Lutz. Craig Pouncey, managing partner of Herbert ...
Herbert Smith lawyer Ronit Kreisberger has joined Monckton Chambers as a barrister rather than joining the firm's in-house advocacy unit.
Sweden is experiencing the rare phenomenon of a hostile takeover, but the country's Securities Council is allowing a lot of leeway for defensive measures. By Fredrik Lindqvist
Gemma Westacott on the month in the US:
Mr Justice Tomlinson handed down his reasons for granting the Bank of England’s application for indemnity costs following the collapse of the BCCI trial this morning.
Tulkinghorn always assumed that senior partners do little but swan around in taxis having lunch with international statesmen and tame clients.But one senior partner of a top 10 firm was at pains to point out otherwise. "Everyone wants to know the job is being done, but nobody wants to do it," he told Tulkinghorn gloomily. "It's like being a public executioner or a lavatory cleaner."Tulkinghorn just hopes he's got the rubber gloves.
Landmark Chambers is celebrating another successful year, with income up 4 per cent and revenue per barrister up nearly 10 per cent.
US firm Latham & Watkins has appointed IT and outsourcing partner Andrew Moyle as its London managing partner.
Latham & Watkins has scooped the lead advisory role for Bayer on its €16.3bn (£11.4bn) 'white knight' agreed takeover bid for German pharmaceutical company Schering.
March proved that 2006 just keeps getter better for corporate and finance lawyers. Consolidating on the solid performance of the M&A market in the first two months of the year, 294 deals worth $54.25bn (£30.97bn) involving any UK element were announced during March, according to Thomson Financial. This accounted for almost half of the value of all announced deals in the first quarter - 897 deals worth $109.2bn (£62.35bn).
Linklaters has successfully advised Temasek on a deal that has secured the Singaporean state-owned investment company's place as the largest shareholder in Standard Chartered Bank. More than 20 years of takeover speculation came to an end after Temasek purchased the Khoo Teck family's 12 per cent stake in the UK emerging markets bank. Temasek's stake was believed to have cost approximately ...
As the case of Elephant & Castle proves, there is a whole array of issues that can hinder the process of regenerating sites in the capital. Douglas Evans looks at the problems
ABN Amro has appointed Lovells as one of its core legal advisers after conflicts of interest forced the Dutch investment bank to widen its panel.
Lupicinio Eversheds has gone into partnership with a debt collection company as part of a wider plan to broaden its services.
Steve Hoare on the month in management: Magic circle's top tiers undergo big changes The Lawyer Career Report pinpoints DLA Piper as the king of lateral hirersFourteen ex-Hammonds partners bite backLovells reviews lockstep...again
Hiring laterals is often a risky business. The different cultures of law firms means HR has to be sensitive to the shock of changing firms, both for the new partner and their expectant team at the new law firm.
Clare Montgomery QC has been named as Matrix Chambers' new management committee head.
Microsoft's main UK lawyer has lashed out at the European Commission, just weeks before the regulator is due to decide if it will impose hefty fines on the technology company.
Monckton Chambers has doubled its turnover during the past five years, with its annual revenue set to smash the £10m barrier after a record year saw growth in the tax and competition practices.
In January Sir Digby Jones claimed the Law Society's task as promoter of the entire legal profession was 'impossible'. Now the society's president Kevin Martin responds. By Matt Byrne
While larger law firms still believe a juicy cash bonus is the best incentive, other firms are realising that the way to keep staff motivated and happy is to offer remuneration packages that account for a wider range of needs
The world's second largest IT company EDS has appointed a new head of litigation for Europe, the Middle East and Africa (Emea), who plans to rethink the company's external panel choices.
The Office of Fair Trading (OFT) is looking to lighten its workload by asking the private sector to boost antitrust efforts.
The Professional Inventors Alliance (PIA) USA finds complaints by Research in Motion's (RIM) chief patent counsel Tom Sanchez in The Lawyer (13 March), that RIM is "the poster child as to why there needs to be patent reform", to be ironic.
For the third successive year, Manchester-based Pannone & Partners came out as the top firm in The Sunday Times best places to work list.
Tulkinghorn happened to be taking a virtual stroll though Baker & McKenzie's website the other day (it was quiet in the office, okay) and clicked on a random partner's email link.
Paul Hastings Janofsky & Walker has expanded its tax law practice in France with the hire of Willkie Farr & Gallagher partner Allard de Waal.
Davies Arnold Cooper has appointed Stephen Calderbank as an associate. Calderbank was previously a partner and head of employment at Lopian Wagner.
Pillsbury Winthrop Shaw Pittman has hired the general counsel of insurance giant American International Group as head of its financial services regulatory practice in New York.
Pinsent Masons finalised two UK schools projects in two days to round off March, as the Government announced changes to the way PFI schemes would be funded in the future.
Pinsent Masons has raided Charles Russell for the firm’s joint head of professional liability.
With private equity breaking into Scandinavia, bondholders must be aware of the risks, says Troels Askerud
From the latest setbacks for the Wembley Stadium project to the Treasury's announcement in the Budget about the introduction of a new investment vehicle, property is never far from making a splash across the headlines of the UK press. Meanwhile, law firms across the City have been scrambling to make the most of the introduction of real estate investment trusts (Reits) ever since Chancellor ...
Richards Butler UK and Reed Smith agree merger; US firm 'anxious to talk' to Hong Kong office
The M&A wave sweeping Europe has reached Scandinavia.
Yorkshire commercial law firm Schofield Sweeney is merging with property, tax and trust firm Sampson Horner with effect from 1 May.The merged firm will retain the name Schofield Sweeney and have a total staff of 65 and a combined turnover of £4m. Senior Sampson partners Nick Knight and Hilary Atkinson will join Schofield Sweeney as consultants. The two firms will relocate from their current Bradford offices to new a premises in Church Bank, also in the city. Jon Parker
It was the most infamous moment in English football history. Maradona's first 'goal' against England in the 1986 World Cup quarter-final, known forever as the 'Hand of God', broke English hearts the world over. Now the architect of that 'goal' is coming home, he's coming home, he's coming, etc etc.
Hammonds has made up a record number of new partners as it prepares for the end of its 14-month equity partner lock-in in June.
Tulkinghorn had the honour of attending Littleton Chambers' spring party at Lord's Cricket Ground recently. Fine wine and fine company contributed to a satisfying evening, during which Tulkinghorn met perhaps the luckiest lawyer alive.
Simpson Thacher & Bartlett has announced plans to launch on China's mainland after raiding local law firm Fangda Partners for a new recruit.
Skadden Arps Slate Meagher & Flom has capitalised on its recent spate of lateral hires in London, promoting Linda Davies to the partnership.
Skadden, Chiomenti instructed on Italy's largest IPO of the year" /Skadden Arps Slate Meagher & Flom has advised on Italy's largest IPO of the year, despite not having an office in the country.
Jones Day employment partner" /City firm Speechly Bircham has hired a new employment partner. Richard Martin (left) joins from New York-based Jones Day, where he has been a partner for four years, originally ...
Speechly Bircham and TLT Solicitors have won a test case in the High Court that paves the way for firms with private client practices to convert to LLP status. Speechly is now set to change to an LLP on 1 November.
Swedish firm Mannheimer Swartling has launched a dramatic raid on Scandinavian rival Vinge, poaching its sole Hong Kong partner and Shanghai office head to launch its China practice.
SJ Berwin has moved, at last, from its traditional stomping ground of 222 Gray's Inn Road to new trendy Thames-side offices. And, true to form, the firm had a press party (well, a glass of wine and a sausage on a stick) to celebrate the move to the river.
Real Estate Investment Trusts (Reits) are being introduced in this year's Finance Bill, and the first conversions to Reits may be early in 2007. On Budget day, 22 March 2006, the Chancellor announced long-awaited details of the conversion charge, as well as changes to the key requirements for Reits.
What was your first-ever job?A trainee in a factory for Mr Kipling Cakes.
One of Tulkinghorn's scribes was devastated last week when she received a call from Denton Wilde Sapte. Her impending lunch with the firm's ebullient managing partner Howard Morris had been cancelled.
Corporates will be seeking specialist help if the hybrid market growth materialises, says Matt Byrne
Travers Smith has successfully advised Macquarie Bank on the £1.822bn consortium bid for the travel concessions business of the world’s largest contract catering group, Compass.
Trowers & Hamlins: Keeping them keen" /The legal market’s biggest challenge will be keeping assistants happy, warns Malcolm Lewis, head of HR at Trowers & Hamlins.
The Government's new development tax has come in for its fair share of criticism. Simon Ricketts looks at a future under PGS
VINSON & Elkins has transferred the firm's co-chair of international dispute resolution to London to take advantage of the UK capital's growing status as the hub for energy disputes outside the US.
Leeds' Walker Morris has recruited a two-partner gaming and liquor licensing team.Paddy Whur and Andrew Woods join as partners from licensing boutique Poppleston Allen in Nottingham. Jon Parker
Warner Brothers has lost its chief IP counsel Nils Montan to Washington DC lobby group the International Anti-Counterfeiting Coalition (IACC).
Wragge & Co: Culture hub" /Career paths for young lawyers are at the top of the agenda at Midlands powerhouse Wragge & Co.