11 February 2008
As the internationalisation of the legal services sector continues apace, one country stands alone in housing only domestic firms - Ireland.
HBJ Gateley Wareing has hired Craig Adamson as head of planning in its real estate team. He joins the Edinburgh office from The City of Edinburgh Council.
Portuguese firm Abreu Advogados has hired Paulo Teixeira Pinto, the former chairman and CEO of Portugal's largest private bank Millennium BCP, as counsel.
It's finally been confirmed: London is the most dangerous place in the world, with Continental Europe being two to three times as safe as the Big Smoke.
Construction giant Costain has launched its first legal panel in a bid to reduce costs and increase efficiency.
Challenging market conditions look set to force a rethink on the terms of investment partnerships, says Iain Redford
Indian firm Amarchand & Mangaldas & Suresh A Shroff & Co and Wall St firm Cleary Gottlieb Steen & Hamilton advised on the $2.93bn (£1.49bn) IPO of Reliance Power - the largest Indian flotation to date.
A senior barrister from Furnival chambers has shrugged off claims that he perverted the course of justice after the Divisional Court quashed summonses issued against him.
For years it has been clear that the dominant international legal market trend was towards ever-larger firms with the financial muscle and international footprints to advise their equally globalised clients.
BT Group has appointed two new members to its legal leadership team as part of an initiative to globalise its legal department.
Burges Salmon has appointed Emma Davies to the newly-created role of head of best practice.
Cadwalader Wickersham & Taft made a spectacular raid on the New York office of Latham & Watkins last week (6 February), snaring the latter's global head of private equity Ronald Hopkinson.
Law firms have enjoyed a light touch under the self-assessment regime, but the taxman is now placing partnerships under closer scrutiny
Clifford Chance and Macfarlanes have won key roles in the battle for control of Rio Tinto, the UK-listed mining giant.
And the prize for tenuous link of the year goes to… Clifford Chance.
Provisional figures for Cleary Gottlieb Steen & Hamilton demonstrate an increase of just two per cent for profit per equity (PEP) partner and a nine per cent hike in global turnover.
CMS firms reject Deloitte-style integration" /The international partners of the CMS network have rejected the Deloitte-style model of branding and said they want to retain their separate local identities but they have unanimously voted in favour of "closer integration and alignment".
Cohen Millstein Hausfeld & Toll has reached a settlement in a US price fixing class action brought against British Airways (BA) and Virgin Atlantic. The agreement could see thousands of air passengers receive compensation from the airlines.
A group of eleven Midlands law firms have clubbed together with The College of Law to launch a Birmingham-based commercial property training programme for junior lawyers.
Clarke Willmott has won a significant Court of Appeal ruling that could see the increased use of conditional fee arrangements (CFAs) in commercial litigation.
Bankruptcy petitions and company wind-ups have gone down in number despite the credit crunch, according to Ministry of Justice (MoJ) figures published today.
Crutes has bolstered its corporate division with the hire of partner Anne McCulloch from Eversheds.
Latham & Watkins edged out Oracle's longstanding primary M&A adviser Davis Polk & Wardwell last month to secure its first lead acquisition mandate for the technology giant.
Former Hammonds partner David Jones, one of the listed defendants in the firm’s £3m dispute with 14 ex-partners, has joined Watson Burton’s construction team.
International news network Al Jazeera has appointed Denton Wilde Sapte as its global legal counsel following a beauty parade in which the network saw at least five firms during a two-week UK tour.
Dickinson Dees has advised Abbey on its first two forays into the PFI and PPP markets since its acquisition by Banco Santander in 2004.
DLA Piper has added another four companies to its roster of AIM clients, but is still a few short of Norton Rose, which has the highest number of AIM clients in the market at 65.
DLA Piper's US and EMEA revenues top $2bn" /DLA Piper has become the latest firm to break the $2bn (£1.01bn) revenue barrier, posting global revenues of $2.1bn (£1.07bn) in the 2007 calendar year.
The most senior partner in the trio of commercial litigation lawyers who moved from Dorsey & Whitney to LG today, as revealed on www.thelawyer.com (8 February), has dubbed the shift "a vote in favour of the solid single office law firm".
Investment house ETF Securities has ramped up its legal team with the hire of Nomura International vice president Charles Carvell.
Chief executive David Gray and UK managing partner Bryan Hughes have been canvassing Eversheds' associates to find out how to make the firm a success in the future.
The International Swaps and Derivatives Association (ISDA) is ramping up its worldwide legal capabilities in response to the rapid growth of the global derivatives market.
Walkers has promoted four to partnership in its Jersey office in response to the relaxation of rules governing funds on the island.
Fox Interactive Entertainment, the parent company of social networking site MySpace, is looking to double the size of its legal team as the business expands across Europe.
The Financial Services Authority (FSA) has successfully prosecuted an unauthorised stockbroker who stole over £350,000 from clients between 1997 and 2004.
Furley Page has promoted five senior solicitors to associate level.
Insurance giant Genworth Financial will be reviewing its European panel firms after merging the legal departments of its payment protection and mortgage insurance businesses.
Planning lawyers at Hammonds have secured consent for a scheme to build the third-largest wind farm on British soil.
Publishing house Bloomsbury has recruited Reynolds Porter Chamberlain (RPC) star media senior associate Maya Abu Deeb as its first-ever general counsel.
Common law set 12 King's Bench Walk barrister Lincoln Crawford has been named as the recorder convicted of harassing his ex-wife and new partner.
It's no secret that there's no love lost between media law firm Carter-Ruck and Associated Newspapers, publishers of the Daily Mail, but Tulkinghorn has heard relations may have become a tad more strained.
US firm Howrey has opened an office in Pune, western India, becoming the first major American firm with a client-handling office in the country.
The Academy Awards ceremony may be hanging in the balance, but fret not, replacement glamour is here in the shape of The Lawyer HR Awards, with a party to end all parties on 12 February 2008.
Foot Anstey markets itself as a full-service firm, able to run a commercial practice in parallel with a profitable legal aid practice.
Lawyers and musicians are not a combo you would normally expect to gel.
Lamb Chambers enticed recently retired Court of Appeal judge Sir Robin Auld and Chief Justice of the Falkland Islands Christopher Gardner QC back to the set.
Latham & Watkins has turned to Barclays Capital for the latest hire into its New York capital markets team.
The Law Society has written to the Ministry of Justice to demand that it reveal how many solicitors were bugged last year or risk facing a public enquiry.
Hammonds is courting female clients by inviting them to a Valentine's Day party at Holts Jewellers in Hatton Garden, London.
Linklaters has stepped up its Italian push with the lateral hire of corporate partner Francesco Stella.
The magic circle dominated last year's debt capital markets according to Thomson Financial's capital markets survey for 2007. Allen & Overy, Linklaters and Clifford Chance took first, second and third place, advising ...
Much fanfare accompanied the award in Green v DB Group Services (UK) Limited (2006) IRLR 764 of £828,000 to employee Helen Green, who had suffered a nervous breakdown and a relapse a year later, both brought about by the bullying behaviour of her colleagues.
Mayer Brown pleased with 9 per cent growth" /The stellar growth experienced by Mayer Brown in 2006 fell back slightly over the past calendar year although the firm still managed to post revenue and profit increases of 9 per cent.
The financial reporting season is in full flow, so the obsession in New York this week is with numbers. Actually, when is it not?
The Heather Mills/ Paul McCartney divorce hearing will extend into next week after the estranged couple failed to reach a settlement in London’s Royal Courts of Justice.
Oslo-based firm Haakonsen & Haaland has become the latest member to sign up with MGNA International, an international association of law firms founded in 2006 by Surrey firm Meadows Fraser, Dr Griesam Nibbe & Kollegen in Munich and Amoros Amer in Mallorca. Piers Meadows, a partner at Meadows Fraser, said: "Our membership of MGNA International gives our clients access to expertise in commercial matters, property, litigation and estate planning throughout Europe."
It was a case of wheels within wheels in Silicon Valley and beyond last week. One story - Microsoft's $44.6bn (£22.76bn) unsolicited bid for internet search business Yahoo! - dominated the business headlines, but in US legal circles it was the heavyweight roster of advisers that raised the most eyebrows.
Payne Hicks Beach could find its client Sir Paul McCartney cross-examined by estranged wife Heather Mills as the divorce case goes to court today (11 February).
A Mishcon de Reya lawyer has left the firm to join a mobile betting company as its UK chief executive.
Can Chris De Pury's arrival at BLP soften the turmoil around the shock exit of Vinay Veneik?
Scottish firm Morton Fraser has boosted its Glasgow office with the hire of Burness corporate partner Gordon McKelvie.
The Crossley divorce case has grounded to a halt after Susan Crossley dropped her claim to her ex-husband's fortune.
I joined Coors Brewers as a legal adviser four years ago. Principally, my role involves supporting the marketing and sponsorship teams with their advertising compliance issues and sponsorship deals, plus managing and advising on Coors' IP rights.
Nabarro has hired IT outsourcing partner George Wheeler-Carmichael from DLA Piper in a bid to attract more public sector-related work.
For the last three months my colleague Matt Byrne has been in New York getting to know the Wall Street market. He was joined by reporter Julia Berris in January, and as part of our extended transatlantic coverage we’re launching a twice-weekly email from New York called The Lawyer In New York (well, we like to keep things straightforward). You can sign up to it here
MessageLabs group general counsel Nick Bright has complete faith in his company’s ability to block unwanted emails.
Norton Rose is the latest firm to jump aboard the management-staff liaison bandwagon by creating three staff forums - including one for associates and knowhow lawyers.
Norton Rose associates are to be split into three ranks as the firm becomes the latest to scrap the pegging of pay to PQE levels.
The trade organisation for the global mobile phone industry has hired a new general counsel to revamp its legal department.
US firm Orrick Herrington & Sutcliffe has boosted its London office with the hire of Jones Day head of corporate Hilary Winter.
As the introduction of the Legal Services Bill looms closer on the horizon, partnership structures are starting to consume an ever-increasing amount of lawyers' and managers' time.
Paul Hastings has posted results that show a second consecutive year of revenue and profit growth at 20 per cent or above.
Procter & Gamble (P&G) has appointed a new global general counsel following the retirement of legal group stalwart Jim Johnson, promoting deputy general counsel Steven Jemison to the role.
Two leading silks have initiated proceedings against the Law Society for the right to include the new Solicitors' Code of Conduct in a handbook they co-authored.
When it comes to queue culture, nothing annoys Brits more than someone who doesn't observe the correct etiquette. We all know how it works: when masses of people all want to access the same thing, we form an orderly queue and wait patiently until our turn comes. Unless, of course, you're a Clifford Chance partner.
The NY office of Linklaters is on the hunt for banking regulatory lawyers after it lost out on a portion of the work for Royal Bank of Scotland (RBS).
The Royal Court of Justice's Personal Support Unit (PSU) today said that Heather Mills should have sought its assistance in relation to her divorce from former Beatle Sir Paul McCartney.
David Hasselhoff has never been one to shy away from the glare of the public eye, be it donning leathers on top of the Berlin wall, rescuing scantily clad beach bunnies or flexing his digitally enhanced pecs in The SpongeBob SquarePants Movie.
There will be more than one lawyer wondering what SJ Berwin mediation chief David Shapiro's secret of everlasting youth is.
Sidley Austin has become the latest US firm to reveal its global figures, reporting an 11 per cent boost in revenue for the 2007 financial year.
Sidley Austin has announced a 12.4 per cent increase in London turnover for the 2007 financial year.
Sidley Austin has reported an 11 per cent boost in revenue for the 2007 financial year.
Sidley Austin has snared a Covington & Burling London tax partner to boost the firm’s fund formation practice in the capital. David Hinds, who joins the firm as a partner, has been brought in to help build a funds formation group in Sidley’s London office. He will also advise on tax issues on ...
Simpson Thacher & Bartlett and Sullivan & Cromwell have scored lead roles on China Investment Corporation’s (CIC) $4bn (£2bn) investment into a JC Flowers fund designed to rescue ailing financial institutions.
Skadden Arps Slate Meagher & Flom will open an office in Shanghai on Monday (18 February), the firm's fifth in the Asia region and its second in mainland China.
Revealed: New York giants pile on the revenues as global firms shrug off credit crunch
Standard Life has turned to long-term adviser Slaughter and May in a deal that will see the life insurance giant offload annuity liabilities worth £6.7bn to Canada Life.
Slaughter and May is acting for longstanding client Punch Taverns in a takeover bid for Mitchell & Butlers (M&B) that would create the UK's largest pub group.
Société Générale's (SecGen) corporate and investment banking arm has appointed a new general counsel for the Americas (SG Americas), promoting internally for the role.
McGoldricks name partner Thomas McGoldrick was accused of stealing more than a million pounds from a disabled client, a court heard yesterday (14 February).
The Court of Arbitration for Sport (CAS) has made a landmark decision on football player contracts, ruling that players can buy out the remaining years of their contract if they want to leave.
The Solicitors Regulation Authority (SRA) has extended its consultation period for the qualified lawyers transfer test (QLTT), delaying the controversial interim measures that were due to come into force on 1 March.
Sullivan & Cromwell has cemented its relationship with drinks giant Diageo, advising the company on its $900m (£456.50m) joint venture with Dutch distiller Ketel One.
The HR Awards kicked off in fine style last night with Berwin Leighton Paisner (BLP) scooping the coveted HR team of the year award for the second year in a row.
This week, today and yesterday, all of Sir Paul McCartney’s troubles seemed so far away and now it looks as though they are here to stay…
Tony Blair's brother, William Blair QC of 3 Verulam Buildings (3VB), has been appointed a judge in the Queen's Bench Division (QBD) of the High Court. Blair was called to the bar in 1972, took silk in 1994 and became a recorder in 1998. He was involved in Zambia v Meer Care of Desai (2005). Nicholas Hill, senior practice manager at 3VB, commented: "His appointment is the second for the set this year and we congratulate him and know that he'll excel."
Your average consumer could be forgiven for thinking that the technology revolution has largely passed the legal profession by.
Trowers & Hamlins has advised the Knowledge Economic City Development Company on a deal to develop the network infrastructure for a new $8bn (£4.03bn) city in Saudi Arabia.
Two billion or not two billion?15-Feb-2008The benchmark for US firms was well and truly set last week when Latham & Watkins and Skadden Arps Slate Meagher & Flom broke the $2bn revenue barrier for the first time.
Leading Spanish firm Uría Menéndez has merged with Lisbon employment boutique Fraústo da Silva & Associados.
Offshore heavyweights Walkers and Mourant have called off merger talks.
The Judicial Appointments Commission (JAC) is kick-starting the search for 21 new High Court judges tomorrow (12 February).
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Weil Gotshal & Manges has reported double figure growth for global profits and revenues for the 2007 financial year.
Firms including Eversheds, Browne Jacobson and Hugh James have won places on the biggest public sector panel in Welsh history.
Watson Farley & Williams (WFW) is attempting to rebrand its finance practice away from shipping by splitting it into two practice groups.
Wragge & Co's pensions practice has been boosted by the addition of two sets of pension fund trustees as clients.