10 July 2006

The Lawyer

  • Firms fill up on Exxon settlement

    10-Jul-2006

    You pay peanuts you get monkeys, so they say. But if you pay $250m (£135.9m) you get Miami firm Stearns Weaver Miller Weissler Alhadeff & Sitterson. For a little more than $53m (£28.8m) you get Pertnoy Solowsky and Allen. The two firms represented 11,000 petrol stations in a class action suit against ExxonMobil. They claimed Exxon failed to pay discounts on petrol to offset increased credit card costs.

  • People

    10-Jul-2006

    Trowers & Hamlins has hired Kim Hilton as a senior associate in the firm's international telecoms group based in Bahrain. She joins from Gilbert & Tobin in Australia.

  • 11 KBW set to expand following turnover hike

    10-Jul-2006

    Employment set 11 King's Bench Walk (11 KBW) has grown turnover by 21 per cent, signalling an expansion push and a search for new offices.

  • 20 Essex Street duo plays part in Guantanamo detainees' victory

    10-Jul-2006

    20 Essex Street barristers Tim Otty and Sudhanshu Swaroop helped secure victory against the US government in a key challenge to detentions at Guantanamo Bay.

  • 2-3 Gray's Inn Sq boosts housing team

    10-Jul-2006

    2-3 Gray's Inn Square has hired a tenant from Hardwicke Building in an effort to build its housing and property team. Jon Holbrook joins the chambers to practise social housing law, having developed his expertise at Garden Court Chambers before moving to Hardwicke in April 2004. Last year Holbrook was one of the founding members of the Social Housing Law Association, designed as a forum where housing professionals and their lawyers can exchange and discuss ideas and information.

  • 8 New Square rides out Kitchin exit with strong performance

    10-Jul-2006

    Top IP set 8 New Square has dropped just £290,000 from its turnover this year, despite the loss of David Kitchin QC's £2m case load following his promotion to the bench last year.

  • A&O nets role on Gunners' securitisation of ticket sales

    10-Jul-2006

    Allen & Overy (A&O) has landed the plum role advising the banks and the monoline insurer on Arsenal Football Club's landmark securitisation of ticket sales from its new 60,000-seater Emirates Stadium.

  • A&O, Shearman Steer Qatar water project

    10-Jul-2006

    Allen & Overy (A&O) and Shearman & Sterling advised on Qatar Electricity & Water Company's $485.5m (£263.1m) limited recourse project financing for the construction of the Ras Abu Fontas B2 water and power project in Qatar. The project comprises the construction and development of a new power generation ...

  • Age concern

    10-Jul-2006

    Don't just hope for the best when it comes to the new age regulation and retirement ages. It pays to have a plan, says Roger Byard

  • Amsterdam & Peroff set for London launch

    10-Jul-2006

    Toronto-based firm Amsterdam & Peroff is to set up in London, with high-profile human rights lawyer Bob Amsterdam basing himself in the UK.

  • Axel Viaene: Starbucks

    10-Jul-2006

    Starbucks' head of legal for Emea Axel Viaene is a man on a caffeine high - and the extra boost will come in handy when it comes to handling the coffee empire's ambitious expansion plans. David Middleton reports

  • Bird & Bird boosts Paris with government antitrust hire

    11-Jul-2006

    Bird & Bird has attracted a senior French government lawyer to join its Paris-based competition practice.

  • Birmingham chambers collapses

    13-Jul-2006

    Birmingham set Three Fountain Court has collapsed, leaving nearly 50 barristers without chambers.

  • Bracewell & Giuliani grows with raids on McDermott and Bingham

    10-Jul-2006

    Bracewell & Giuliani has added four lawyers to its New York office including partners from McDermott Will & Emery and Bingham McCutchen following its recent raid on Linklaters.

  • Brodies poised to snap up Bishops

    10-Jul-2006

    Edinburgh commercial firm Brodies is to merge with fellow Scottish firm Bishops next month, creating a Caledonian big-hitter that will boast 47 partners and more than 200 fee-earners. The move gives Brodies a foothold in Glasgow, as seven-partner, full-service firm Bishops has offices in both cities. This is the second merger for Brodies in the past 12 months after it swallowed local four-partner commercial ...

  • Bryan Cave edges closer to Squire Sanders tie-up

    10-Jul-2006

    Bryan Cave and Squire Sanders & Dempsey are expected to seal their merger in the next month after partners at both firms received merger packs with details of the new management team last week.

  • Byrne, Blackstone and Matrix team up to prevent Rosneft IPO

    14-Jul-2006

    The controversial IPO of Russian state oil giant Rosneft faces its toughest legal challenge on Monday when an interim injunction application brought by Yukos will be heard.

  • Cadwalader NY capital markets team sheds lawyer to Links

    11-Jul-2006

    Cadwalader Wickersham & Taft has lost another lawyer from its New York capital markets practice following the departure of a two partner team to Orrick Herrington & Sutcliffe last month.

  • Carter report heralds legal consolidation

    13-Jul-2006

    Lord Carter of Coles has predicted massive consolidation for law firms and “the end of the £1m-a-year criminal defence barrister” in his report on legal aid procurement, unveiled this morning (13 July).

  • Competition Commission eyes BLP-Tesco land grab deal

    10-Jul-2006

    The Competition Commission is planning to expand its wide-ranging investigation of the grocery market to examine contracts that Berwin Leighton Paisner (BLP) drafted for its largest client Tesco.

  • Councils demand more time to draw up gambling laws

    10-Jul-2006

    Local authorities are warning of chaos and confusion unless the Government gives them at least three times longer to implement new gambling laws.

  • Councils set to take Govt to court over estimates

    10-Jul-2006

    Local authorities across the country are teaming up to challenge the Government's population estimates in a row that could land the Government in court.

  • Davenport, Latham get behind restoration of Camden Roundhouse

    10-Jul-2006

    Davenport Lyons and Latham & Watkins have been assisting pro bono on a non-profit scheme to restore the iconic Camden Roundhouse arts venue.

  • Dechert rejigs UK pay to keep up in salary war

    10-Jul-2006

    Dechert rejigs UK pay to keep up in salary war" /Dechert has overhauled its UK salary structure in a bid to compete with its US rivals, at the same time as a raft of US firms bump up their salaries further.

  • Dickinson Dees makes up five to partnership

    13-Jul-2006

    Newcastle-based firm Dickinson Dees has made up five lawyers to the partnership, its highest number of promotions in four years.

  • DLA Piper Germany

    10-Jul-2006

    DLA Piper Germany" /The expansion of DLA Piper Rudnick Gray Cary in Germany has mirrored the pace of the firm's expansion as a whole. Since it was set up in 2004, DLA Piper's German operation has grown from three to around 80 lawyers.

  • DLA Piper, Maclays, Weil bag Morgan wind-up roles

    10-Jul-2006

    DLA Piper Rudnick Gray Cary, Maclay Murray & Spens and Weil Gotshal & Manges have all secured instructions on the administration of fashion chain Morgan.

  • DTI pays charity £130,000 for time wasting

    11-Jul-2006

    The Department of Trade and Industry (DTI) has paid Public Concern at Work (PCAW) £130,000 for wasting the whistleblowing charity’s time.

  • DWS gears up for French restructuring boom with domestic alliance

    10-Jul-2006

    Denton Wilde Sapte (DWS) has launched an association with French independent Poulain & Associés to strengthen its French insolvency expertise.

  • EU court reverses Sony/BMG merger clearance

    13-Jul-2006

    In an unprecedented move the Court of First Instance has overturned the European Commission’s decision to clear the merger between Bertelsmann Music Group (BMG) and Sony Music.

  • Eversheds snares Collyers education expert

    10-Jul-2006

    Eversheds has hired Collyer Bristow education partner Geoffrey Mead to join its HR education team.

  • FFW loses regular spot as Motability adviser

    10-Jul-2006

    Motability Operations, which leases cars to disabled drivers, has dumped regular adviser Field Fisher Waterhouse (FFW) as the first stage of a full-scale panel review.

  • Floating on air

    10-Jul-2006

    Last Wednesday (5 July), Grant Thornton partner Sacha Romanovitch warned UK lawyers that they needed to "wake up" to the potentially seismic changes heralded by the Legal Services Bill.

  • For any scores left to settle…

    10-Jul-2006

    With the World Cup ending in spectacular fashion yesterday, it's only fitting that we mention the first ad hoc arbitration panel set up by Fifa with the Court of Arbitration for Sport to settle any emergency disputes that might have arisen from the now-concluded tournament.

  • French firms win filesharing case

    10-Jul-2006

    A host of firms in Paris have fought off an illegal filesharing case brought by the producers of the hit French film Les Choristes.

  • Freshfields applies multi-office muscle to Siemens' Bayer deal

    10-Jul-2006

    Freshfields Bruckhaus Deringer has scooped the lead role on Siemens' purchase of Bayer's diagnostics division for €4.2bn (£2.91bn).

  • Freshfields hit by second Munich defection

    13-Jul-2006

    Freshfields Bruckhaus Deringer’s Munich office has suffered another departure with the loss of tax partner Stephan Salzmann to boutique firm Mohren & Partner.

  • Gide, Bignon make Far East moves

    10-Jul-2006

    France has always been a major player in the Far East, with former colonies in South East Asia and considerable economic activity in the region. However, law firms have been, for the most part, slow to cash in.

  • Global ANZ review extends panel from nine to 32

    11-Jul-2006

    Baker & McKenzie and DLA ally Philips Fox have scooped places on the global legal panel of Australian banking giant ANZ along with Australia’s big six.

  • Head or tall tail?

    10-Jul-2006

    There appeared to be some confusion over at Kirkland & Ellis recently, at least in its spin department.

  • Herbies, SJ Berwin act on hospital sale

    10-Jul-2006

    Herbert Smith and SJ Berwin were rejoicing last week after acting on the £175m sale of the former Middlesex Hospital site. The three-acre site is one of the largest West End blocks ever sold and marks a landmark deal for both firms. For SJ Berwin there is likely to be more to come from the transaction, with client Candy & Candy, the outlandish interior design company, appointed as development manager ...

  • Homogenised silk

    10-Jul-2006

    Monckton Chambers brought a touch of the Caribbean to Gray's Inn last week with its annual summer party, now firmly ensconced as one of the garden parties to be seen at.

  • Howard Kennedy and Lydiard win $77m negligence case

    13-Jul-2006

    Howard Kennedy and Brick Court Chambers’ silk Andrew Lydiard have won the negligence case brought against them by a Portuguese businessman.

  • Hypnotist faces Mirror in libel trial

    11-Jul-2006

    Media specialists Davenport Lyons and Swan Turton are facing off in the High Court this week as hypnotist Paul McKenna sues the Daily Mirror for libel.

  • In-housers shine at The Lawyer Awards

    10-Jul-2006

    It was the biggest event for the legal profession, bar none. On Tuesday 27 June, in-house teams and lawyers from across the globe featured heavily at the annual The Lawyer Awards.

  • Islamic finance presents firms with new opportunity to make their mark

    10-Jul-2006

    Norton Rose, DWS and A&O are leading the way, says Lorraine Cushnie

  • Italy opens legal sector to full competition

    10-Jul-2006

    The new Italian government has thrown open its legal market to full competition after scrapping minimum fees for lawyers.

  • Jun He Law Offices sets up in Hong Kong

    10-Jul-2006

    Beijing-based Jun He Law Offices has become the third mainland China-headquartered law firm to open in Hong Kong, after China's Ministry of Justice lifted a longstanding ban on mainland firms operating offshore earlier this year. The firm has opened through a merger with Hong Kong firm XJ Wang & Co and will operate in Hong Kong under the Jun He name. The firm will now house more than 200 lawyers across seven offices, including New York. It has 48 partners.

  • Law Soc takes case to court of appeal

    10-Jul-2006

    The Law Society was in the Court of Appeal last week for a hearing into its case against a solicitor whose practice had been closed down after an 'intervention'. Last summer the Law Society was unsuccessful in defending itself against Anal Sheikh's appeal into the intervention, and Mr Justice Park ruled that it should be overturned. The case was the first time a High Court judge had overturned an intervention and it landed the Law Society with costs of £135,000. But the society was ...

  • Lawyers warn of no quick planning fix

    10-Jul-2006

    The City's planning lawyers have viewed the latest attempts to simplify the UK's complex planning system with optimism, but warn that there will be no overnight fixes.

  • Legal Intelligence

    10-Jul-2006

    The race to be head of the table

  • Loos talk

    10-Jul-2006

    Reed Smith's head of European litigation Marcus Rutherford was lunching with one of Tulkinghorn's hacks the other day when the following emerged.

  • Lord Steyn appointed chair of Takeover Panel appeal board

    14-Jul-2006

    Former Law Lord Lord Steyn will be the new chairman of the Takeover Panel’s appeal board when the current incumbent Sir Andrew Leggatt steps down in October.

  • Lovells partners told to work harder

    10-Jul-2006

    Lovells is ordering its partners to work longer hours in a bid to sustain profitability after average profit per equity partner (PEP) soared by 34 per cent during the last year.

  • Macfarlanes builds on Oaktree link with Sara Lee instruction

    10-Jul-2006

    Macfarlanes has consolidated its fledgling relationship with Oaktree Capital Management after landing its second instruction from the US private equity house.

  • Magic circle fails to dent Spanish fliers

    10-Jul-2006

    London's magic circle has profited from a buoyant legal market in Spain, but is still a long way from challenging Madrid's local elite.

  • Magic circle leads the way in record year for UK firms

    10-Jul-2006

    UK law firms have surpassed all records, with unprecedented growth in both turnover and profit, The Lawyer can reveal.

  • McGrigors hires FFW property partner

    10-Jul-2006

    McGrigors has bagged property finance partner William Greig from Field Fisher Waterhouse to add to its banking and finance team in London. He will work on property investment and development deals. Greig also has experience in outsourcing and PFI projects. ...

  • McGrigors recruits QC for regulatory push

    13-Jul-2006

    McGrigors is making a rare hire from the bar as 18 Red Lion Court silk Jonathan Fisher joins the firm’s tax litigation and regulatory team.

  • Microsoft appeals EC fines as GC demands clarity

    12-Jul-2006

    Microsoft general counsel Brad Smith has stated his intention to appeal the European Commission’s €280m antitrust fine, and called for more clarity from the Commission.

  • Mixed fortunes: M&A firms ride the wave, litigation firms fall behind

    10-Jul-2006

    Although 2005-06 was a bumper year for most of the top 50, there were some firms that did not enjoy outstanding financial success.

  • Monckton brings in human rights expert

    10-Jul-2006

    Monckton Chambers is strengthening its human rights expertise with the hire of academic Jeremy McBride. McBride, currently reader in international human rights law at the University of Birmingham and visiting professor at the Central European University in Budapest, is joining Monckton to develop his human rights practice. As well as his academic ...

  • Movers and shakers

    10-Jul-2006

    Tesco head of corporate, commercial and litigation Deborah Prince has resigned to take up a post at the Consumers' Association as its head of legal. Prince had been with the retailer for six years and was looking for a new challenge.

  • Named partners

    10-Jul-2006

    The case of Beddow v Cayzer defined the extent of the partnership agreement. Colm Nugent reports

  • Network Rail decides on panel

    10-Jul-2006

    Network Rail general counsel and company secretary Hazel Walker finalised a major panel review last month, with Addleshaw Goddard, Bircham Dyson Bell, Lovells and Thomas Eggar securing spots. Conflicts in the highly active ...

  • New bill will not halt stifling of UK business

    10-Jul-2006

    Opinion: Alan Jenkins, chairman, Eversheds

  • New firm eyes developing economies

    10-Jul-2006

    Although France's biggest firms keep getting bigger, some smaller outfits do emerge from time to time. The latest to appear is three-partner boutique APA Partners.

  • Norton Rose bolsters restructuring team

    10-Jul-2006

    Norton Rose is relocating a senior restructuring partner from Hong Kong to London in a bid to recapture leveraged loan business, as banks and insolvency practitioners ready themselves for a downturn in the economy.

  • Ntl reviews roster after Telewest tie

    10-Jul-2006

    Ntl had a major shake-up of its legal advisers following its merger with Telewest, with Fried Frank Harris Shriver & Jacobsen appointed as primary legal adviser. Travers Smith had been ntl's longstanding counsel and will remain as a secondary adviser, along with Ashurst,

  • Orrick raids rival for lateral hire

    10-Jul-2006

    New York-based Orrick Herrington & Sutcliffe has poached corporate partner Antonios Backos from New York rival Healy & Baillie. Before joining Healy, Backos worked for more than three years in the London office of Weil Gotshal & Manges. He will join Orrick's Manhattan office as a corporate ...

  • Outer Temple silk to head Euro Circuit

    10-Jul-2006

    Outer Temple Chambers' Gerard McDermott QC is succeeding Lord Brennan QC of Matrix Chambers as leader of the European Circuit.

  • Partnerships

    10-Jul-2006

    As the introduction of the Legal Services Bill looms on the horizon, partnership structures have begun to consume an ever-increasing amount of lawyers' and managers' time.

  • Pillsbury closes west coast office

    14-Jul-2006

    Pillsbury Winthrop Shaw Pittman is to close its Century City office, consolidating its Los Angeles operations into its downtown office.

  • Putting the world to rights

    10-Jul-2006

    Tulkinghorn sends out his thanks to Lovells partner Peter Taylor for spotting last week's deliberate mistake. A story about Clyde & Co's US expansion literally redrew the map of the world, with a little help from The Lawyer.

  • Qualcomm set for Nokia rematch

    10-Jul-2006

    Sticking with the telecoms sector, telecoms companies Qualcomm and Nokia are at loggerheads again over patent issues, with the former lodging a complaint with the US International Trade Commission.

  • RBS Greenwich adds Linklaters lawyer to line-up

    10-Jul-2006

    RBS Greenwich Capital, the institutional fixed income subsidiary of Royal Bank of Scotland, has strengthened its legal and compliance department in the US with the hire of a Linklaters lawyer.

  • Revised figures drag SJ Berwin PEP over £700k

    12-Jul-2006

    SJ Berwin’s average profit per equity partner (PEP) figure has been bumped up to above the £700,000 mark following accounting revisions to take into account FRS5 and work in progress (WIP).

  • Revival of the fittest

    10-Jul-2006

    The biggest 50 firms in the UK have had an outstanding year, as our lead story demonstrates. For the fullest picture, you'll have to wait for the publication of the definitive guide to law firm finances when The Lawyer UK 100 Annual Report comes out in September, but our analysis of the top 50 firms' preliminary figures highlights the health of the commercial legal sector.

  • Right on at Mishcon

    10-Jul-2006

    Mishcons recently emerged as proportionately one of the City's most ecologically sound firms, with news that around 10 per cent of its partners drive electric cars.

  • Rivals close in on Gide Loyrette's govt work

    10-Jul-2006

    Has Gide Loyrette Nouel lost its grip on work for the French state as it continues its privatisation programme? The firm had advised on the IPOs of Gaz de France (GDF), EDF and the French motorways system, but failed to win the same role as the state carried out a partial privatisation of Aéroports de Paris (ADP).

  • Sharpes, Pinsents land £850m waste PFI

    10-Jul-2006

    Sharpe Pritchard and Pinsent Masons advised on Nottinghamshire County Council's £850m waste PFI project, won by Veolia Environmental Services. The project is the first waste PFI project to be closed under the Treasury's SoPC3 guidance. It includes the provision of services across a network of sites and will be delivered through a 26-year contract. Sharpe Pritchard represented Nottinghamshire County ...

  • Shearman loses M&A star to Hogan

    10-Jul-2006

    Shearman & Sterling's London office has been hit by the departure of highly rated M&A partner Jonathan Coppin to join the UK arm of Hogan & Hartson. Coppin, who joined Shearman four years ago from Norton Rose following a protracted search for a senior M&A partner, will head Hogan's developing London M&A ...

  • Shearman to migrate Hong Kong staff to new Shanghai office

    10-Jul-2006

    Shearman & Sterling is gearing up to launch in Shanghai within the year, with plans to transfer a large section of its Hong Kong team across to the new office.

  • Shorter is sweeter

    10-Jul-2006

    DLA Piper Rudnick Gray Cary. Doesn't exactly roll off the tongue, does it? Well, not to worry - from 1 September the name will be shortened to just DLA Piper. And about time too.

  • Sidley boosts private equity with hire of ex-Kirkland partner

    10-Jul-2006

    Former Kirkland & Ellis corporate partner Nigel Dunmore has resurfaced at Sidley Austin to strengthen its corporate practice after he quit Kirkland following its recent hiring spree.

  • SJ Berwin looks at China, Russia, India expansion

    10-Jul-2006

    SJ Berwin looks at China, Russia, India expansion" /SJ Berwin is examining expansion possibilities into China, India and Russia following the completion of an internal strategy review earlier this year.

  • SJ Berwin's Germany co-head defects to Hogan

    10-Jul-2006

    Hogan & Hartson has taken a private equity partner from SJ Berwin’s Munich office to help grow the firm’s international private equity practice.

  • Slaughters strays find new homes

    10-Jul-2006

    The last remaining Slaughter and May partners searching for homes following the merger between the UK firm's French practice and Bredin Prat in January have done so.

  • Standard Chartered bolsters in-house with IT law hires

    10-Jul-2006

    Standard Chartered has bulked up its IT law capability with the appointment of private practice lawyers in its Singapore and London offices in an effort to broaden its in-house team.

  • Structural shift

    10-Jul-2006

    With the advent of LLPs, the Legal Services Bill and the additional option of an alternative business structure, the legal profession should be prepared for a dramatic period of change. By Colin Ives

  • Tesco dumps DLA in favour of Hammonds

    12-Jul-2006

    Hammonds has ousted DLA Piper Rudnick Gray Cary from its role as supermarket giant Tesco’s main employment law adviser.

  • The art of reinventing yourself

    10-Jul-2006

    Peter Barton, a former partner at Travers Smith, who now holds several non-executive directorships including with Alliance & Leicester and the Guinness Trust Group, recently offered some sound advice to lawyers considering a career change. He was generally upbeat about their overall chances of success (The Lawyer, 1 May). While I agree that change comes easily for the lucky few, for most it is seriously ...

  • The 'other' Lawyer Awards

    10-Jul-2006

    So, last month (27 June) saw the annual The Lawyer Awards. And true to form, the list of virtual prizes for memorable behaviour vied with that of the genuine awards themselves.

  • The work-life quiz: James Blendis

    10-Jul-2006

    What was your first-ever job?Pianist in a piano bar called Gershwins.

  • T-Mobile rings the changes

    10-Jul-2006

    One of our in-house award winners, T-Mobile, has had an internal reshuffle of its legal team, merging the legal and regulatory departments into a single group.

  • Under fire

    10-Jul-2006

    Dwindling profit has forced Cobbetts to make redundancies. But will it be enough to turn the firm's ailing fortunes around?

  • Union threatens legal action over NATS sale

    11-Jul-2006

    Trade union Prospect is threatening legal action if the government allows private owners to sell their stake in National Air Traffic Services (NATS).

  • Veil Jourde stands firm in face of staff departure

    10-Jul-2006

    Market rumours are that Veil Jourde will be the next French independent firm to bite the dust, following the disappearance of Moquet Borde to Paul Hastings Janofsky & Walker in 2004 and Rambaud Martel to Orrick Herrington & Sutcliffe in 2005.

  • Web week 10/07/06

    10-Jul-2006

    The Lawyer's Web Week is a weekly commentary on legal activity on the web. This includes an overview of the best of the week's blogs. If you want to direct us to useful links, email webweek@ thelawyer. com.

  • Wedlake Bell to boost corporate on back of turnover hike

    10-Jul-2006

    Wedlake Bell has seen its turnover rise by 16.6 per cent to just less than £20m as the firm launches an ambitious plan to bolster its corporate capability.

  • White & Case wins Ashurst star

    10-Jul-2006

    White & Case has poached M&A and corporate finance specialist Philip Broke from Ashurst as the US firm's new co-head of the London corporate practice.

  • Winston discreetly builds Paris presence

    10-Jul-2006

    Winston & Strawn is not a firm with a huge profile in Paris, but it has been quietly growing in the decade since its French office was established. Indeed, with another batch of lateral hires in June, the US firm now has 18 partners and an additional 25 associates, making it as big as some independent French firms.

  • Withers promotes six in wake of litigation boom

    11-Jul-2006

    Private client firm Withers has promoted six lawyers to its partnership taking its total to 95 partners.