10 January 2005
Lawyers love a challenge. So when technology lawyer Gavin McGinty and property specialist Andrew Todd, of Pinsent Masons and McGrigors respectively, were given the chance to take part in the mammoth Plymouth to Dakar Rally, they jumped at it.
It’s a story to put fear into the heart of any law firm management team. After two years of re-engineering, Linklaters probably thought its most turbulent times were over. But it’s now facing a move which can only be described as bold, from four former partners to dissolve the entire global partnership.
Addleshaw Goddard’s burgeoning City acquisition finance practice was handed an early Christmas present after scooping two new banking clients – Allied Irish Bank (AIB) and NM Rothschild & Sons.
Aviation specialist Beaumont and Son has sealed a takeover of Paris firm Cabinet Garnault.
Asset management company Cairn Capital has hired a senior lawyer from Banque AIG to lead its new legal team.
The majority of legal professionals claim to be fatigued with the long-hours culture, according to research by recruitment and HR consultancy Hudson.
Mishcon de Reya has announced the appointment of Oliver Goodwin as its new head of planning and environmental. Goodwin joins from Campbell Hooper, where he was head of planning. His group will form part of Mishcon’s property team.
Clifford Chance has appointed a new finance director after searching for a year. Stephen Purse succeeds Christopher Merry, who quit in November 2003 for headhunting company Whitehead Mann. For the last year Clifford Chance has had an interim finance director, William Barnes. Purse has been finance director at Management Consulting since November 2001. Merry was finance director at Clifford Chance ...
A Clifford Chance junior assistant in Paris is taking on his own firm to defend his right to act as a trade union representative.
Clifford Chance is set for a radical overhaul of its US practice as managing partner Peter Cornell relocates to New York this month to work with US managing partner John Carroll.
Belated thanks go out to Parmalat’s legendary in-house counsel Bruno Cova, who trumped all those eChristmas card senders with this little beauty from last year: “Working for a bankrupt company gives me the privilege of not having Christmas cards to send around. I still do have, however, plenty of colleagues and friends that I like to remember at this time of the year. To you and your loved ones, my very best wishes for Christmas and 2005. Bruno.”
The award for the least politically correct Christmas card goes to entertainment specialist David Wineman. Modesty prevents Tulkinghorn from publishing said item, but suffice it to say that the missive featured two attractive – and undeniably bare-breasted – ladies frolicking in the snow. Gleaming delightedly from a rear window was none other than music partner Irving David. Also bare-breasted.Yum.
The legal relationship between employers and employees is constantly evolving and in the UK can be confusing, but a recent ECJ decision provides some clarity. By Tim Johnson
Husnara BegumDechert has made a dra-matic swoop on US firm Swid-ler Berlin’s New York office with the hire of 57 corporate and litigation lawyers, including 27 New York partners. A further eight lawyers will join from the firm’s Washington DC headquarters.
Dewey Ballantine has made up 11 lawyers to member or partner status.
DLA Piper Rudnick Gray Cary has sent the Office of Fair Trading (OFT) a Freedom of Information Act request in the Pernod Ricard case, in what is one of the first example of the act’s use by a lawyer.
DLA Piper Rudnick Gray Cary has made its first hires since its formation on 1 January.
City firm Druces & Attlee has bolstered its insolvency practice with the hire of a corporate recovery partner from rivals Reid Minty.
The Bar Council has been slammed by employed barristers who, in a new survey, accuse it of treating them like “second class citizens”.
First Choice Holidays’ director of legal affairs Andrew John helped play a key role in steering the company through the immediate aftermath of the tsunami.
Turnover: £785mProfit per equity partner: £675,000 Equity spread: £256,000-£853,000 Net profit: £350mProfit margin: 45 per cent
Freshfields Bruckhaus Deringer will be specifically excluded from Marks & Spencer’s (M&S) review of external advisers after the firm was barred from acting for Philip Green on the entrepreneur’s failed bid for the retailer last summer.
The Financial Services Authority’s (FSA) director of enforcement Andrew Procter has quit the City regulator to join Deutsche Bank.
A nice stocking fillerAnother Slaughters win: Morgan Stanley, which is advising Euronext on its battle for the London Stock Exchange (LSE), recommended its client to use Slaughters as its lead legal adviser on the deal, displacing Cleary in the process.
Hammonds has secured Gresham Private Equity Solutions as a new client following the hire of Wragge & Co partner Peter McLintock last June.
Hammonds has elected four partners to its new partnership board. UK partners Patrick Somers and Bernhard Gilbey will join Brussels office head Konstantinos Adamantopoulos and German partner Frank Walter-von Gierke on the newly-formed board. Managing partner Peter Crossley, senior partner Richard Burns, finance director Laurence Campbell and two non-executive directors will also sit on the board. The partnership board will be responsible for strategy, performance and expenditure. The non-executiv
Which managing partner of a US firm’s London office has been told to ease off on the work levels because his high billing is scaring off potential new recruits?
Washington DC-based law firm Hogan & Hartson has bagged two new partners for its London office with the addition of CMS Cameron McKenna’s water practice head Richard Temple and Landwell’s head of insurance Jennifer Donohue.
Howrey Simon Arnold & White has pledged to donate $1m (£531,000) to the Indian Ocean tsunami relief efforts and is urging other firms to make similar contributions. Managing partner and chief executive officer Robert Ruyak (left) said: “Our hope is that other major firms will consider joining us at this level in attempting to meet this extraordinary ...
Howrey Simon Arnold & White has merged with Houston-based litigation boutique Clements O’Neill Pierce Wilson & Fulkerson.
Marsh & McLennan, the insurance broker at the centre of New York Attorney General Eliot Spitzer’s bid-rigging investigation, has appointed its first chief compliance officer.
Irwin Mitchell senior partner Michael Napier has been recognised in the New Year’s Honours List for his work promoting pro bono. Napier, the Attorney General’s Pro Bono Envoy, becomes a CBE. Other lawyers honoured included last year’s Lord Mayor of the City of London, Linklaters partner Robert Finch and former Hammonds ...
International employment law alliance ius laboris is joining forces with manufacturers’ organisation EEF to provide overseas labour law advice.
The Working Time Directive has failed to curb the UK’s long-hours culture. Rebecca Harding-Hill on the European Commission’s plans to restrict the opt-out clause
Jones Day’s Hong Kong office has lost senior corporate partner Steven Goodman to leading Asian telecoms company Pacific Media.As first revealed on www.thelawyer.com (5 January), Goodman has joined Pacific Media as an executive director and group legal adviser with effect from 5 January. He will also take up the role of company secretary.
Landmark Chambers has hired its first chief executive, Joel Hagan, who joins from the BBC.Patrick Lawson QC, a barrister at the 62-tenant planning and public law set, said Hagan’s arrival will help "ensure [the set] continues to maintain [its] competitive edge".The arrival of Hagan, who was head of the BBC’s technology consulting practice, follows the move last year of Lawrence Graham’s ...
The former global co-chair of Latham & Watkins’ M&A practice has joined Tennenbaum Capital Partners as a managing partner.
The practising certificate fee looks set to rise again next year following the Law Society Council’s approval of a £94.8m budget for 2005 at its last council meeting.
Subjudice spent the holidays trawling the web – “for my English project, duh!” – and has given me the results to read over. I won’t enthral you with ‘How individuals and groups differ in their use of language’, but I was reassured that all the cult websites she visited really were for research, and that she wouldn’t suddenly come out of her bedroom wearing a kaftan. She couldn’t let anything that dull take all her money and her personality as well, because a passion for McFly has done it already
Lex Mundi has added four new in-house lawyers to its Client Advisory Council.
Europe’s premier independent firms have made a spectacular showing in the M&A league tables, according to two pieces of research released this month.
Sacked German partners fight back citing breach of partnership agreement
Lord Justice Potter has been appointed as the new president of the High Court’s Family Division.
Lovells has launched a dedicated Spanish intellectual property practice by relocating Hamburg-based partner Burkhart Goebel to the firm’s burgeoning Madrid arm.
Lovells’ management has pushed through one of the biggest one-off redundancy programmes ever seen at a City law firm. As first revealed on www.thelawyer.com be-fore Christmas, the firm is to axe 25 partners in a bid to improve its flagging profitability.
Lovells is celebrating after winning last year’s most publicised employment case, successfully defending a multimillion-pound sex discrimination claim for Merrill Lynch.
Just like the January sales, the publication of M&A league tables seem to come earlier every year.
Morrison & Foerster has raided the London office of US rival Weil Gotshal & Manges for two corporate partners.
Nabarro Nathanson has recruited corporate partner Graham Stedman from Salans.
Blindly slashing fees is not the way to win work. Kate Fleming reports on providing value for money
Norton Rose and Wacks Caller must wait to see whether or not they can recoup debts from former client Paul Davidson, the bankrupt businessman known as ‘The Plumber’.
Norton Rose halves German turnover with Cologne sale" /Norton Rose has seen its German turnover cut in half following the completion of talks that see the firm’s Cologne office move to CMS Hasche Sigle.
US firm Orrick Herrington & Sutcliffe has opened an office in Taiwan to provide IP services to technology clients there.
Pannone & Partners recorded a turnover increase of 15 per cent for the first six months of 2004-05 and is on target for a record £32m for the full year. The employment department has increased income by 35 per cent, with the litigation team following closely behind with a 34 per cent increase. The firm has seen steady growth over the last few years, with turnover increasing by £4.8m (19 per cent) between 2003 and 2004. First revealed on www.thelawyer.com 4 December
A New year, a new name. But what’s this? The new, improved DLA already appears to have lost something over the Christmas break. A call to the London office was answered thus: “Good afternoon, DLA Piper.” Whither Rudnick? And Grey? Carey? And what’s the betting on Piper lasting the year?
Richards Butler’s litigation group has been rocked by the loss of a second rainmaker in the space of two months.
One of Reynolds Porter Chamberlain’s (RPC) big-gest deals of last year was a Mexican acquisition for a Swedish client involving no English law whatsoever.
Making sure JO Hambro complies with regulations across the pond is the driving force for Hannah Marshall. By Husnara Begum
New regulations on employment disputes are far too complicated. Andrew Chamberlain reveals how both employers and employees could lose out
Denton Wilde Sapte’s head of financial institutions Howard Morris was thought ‘too nice’ to cut the mustard as chief executive. But the Al Capone lookalike proved everybody wrong, emerging victorious in the firm’s recent elections. Now it’s down to Morris to demonstrate that he is more than just a dead-ringer for somebody who knew exactly how to bring warring factions ...
SJ Berwin has poached Simmons & Simmons finance partner Colin Millar to develop its Paris practice. Millar, an acquisition finance lawyer, has a French leveraged buyout practice servicing clients such as ABN Amro. The former Simmons man joined SJ Berwin last Monday (3 January).
Washington DC-based Steptoe & Johnson has opened a New York office with two new partners.
Business confidence among the UK’s leading law firms is at a three-year high, claims accountancy firm Smith & Williamson.
Paul Matcham, head of construction, Maples Teesdale
The most delightful Freshfields email of last year came courtesy of top poshie Hugh Crisp. In a missive mistakenly addressed to the entire partnership headed ‘Plentiful before lunch and scarce thereafter’, Crisp regaled the firm with his tale of a grouse-shooting trip with former colleague Mr Peck. “212 in all, Peck shot brilliantly, the rest less so,” the email went. “Good to see that our diversity champion really knows his stuff,” quipped one Freshfields wag.
Argos and Littlewoods lost out in their appeal against the Office of Fair Trading’s (OFT) ruling in the toys and games price-fixing case despite drafting in top-rate competition silks from Brick Court Chambers.
A Kansas judge has denounced the behaviour of a DLA Piper Rudnick Gray Cary partner as “despicable and disgraceful”.
Some have moved to US firms. Some have stayed with the UK elite. Wherever they are, they’ve all moved up the career ladder. The Lawyer reports on the Hot 100s of the past