12 March 2007
It’s been a busy weekend for those lawyers working in the pharmaceutical sector.
•Surrey-based Mundays Solicitors has appointed Julian Harvey, Kevin Smith, Sophie Carter and Nick Martyn as assistants. Harvey joins from Ashurst, Martyn from Preston Redman, Smith from Lloyd's of London and Carter ...
South Africa is a land of unbridled opportunity. But it is also a land that is not without its problems, and a chequered history has kept much of the international business community at arms' length for some time.
Allen & Overy (A&O) is advising Imperial Tobacco for the second time in as many months on an overseas purchase by the acquistive cigarette brand.
Allen & Overy (A&O) is temporarily plugging the gap in its Italian banking practice left by two recent high-level departures by flying in London banking partner Fiona FitzGerald.
Allen & Overy (A&O) has raided rival Freshfields Bruckhaus Deringer to give its Tokyo office Japanese law capability for the first time.
Allen & Overy has cemented its dominance on large Netherlands-based deals as it scored instruction from pharmaceutical giant Schering-Plough on the €11bn (£7.5bn) cash purchase of Dutch group Akzo Nobel’s drugs division.The main draw of Akzo Nobel’s...
Addleshaw Goddard and Leeds-based Walker Morris have completed the largest waste disposal PFI deal in the UK to date.
The decision over Wayne Rooney's contract, which he made when a minor, could have wide-ranging implications. Julian Diaz-Rainey reports
South East firm ASB Law has launched a three-year strategy aiming to crack £25m in turnover by 2010.
Ashurst is preparing for a run on its client, property company Countrywide, for the second time in three months, this time from US private equity house Apollo, advised by a Charles Randell-led team at Slaughter and May. Ashurst corporate head Adrian Clark is advising Countrywide alongside corporate partner Robert ...
As if it wasn't the best game on Earth anyway, it seems cricket might be the way to the hearts of Indian lawyers still resisting opening up the country's legal system to foreign firms.
Leading Italian firm Bonelli Erede Pappalardo is expecting a revenue boost of 30 per cent compared with last year, reaching a total turnover of around €130m (£88.67m).
Brabners Chaffe Street is set to embark on a major recruitment drive, with the North West firm intending to bulk up a number of its core practice areas.
Scrutinising the bar's networking methods and demanding they be changed is missing the point of how the legal world operates, say David Grief, Declan Redmond and Paul Shrubsall
Plymouth firm Bright, which launched in September last year, has taken new, larger premises at the Tamar Science Park in the city to house new recruits. Recent hires include commercial property lawyer Tomasz Dukanovich, who joins the firm from Bristol-based Ashfords, where he was an assistant. Bright director Andy Price said: "[Dukanovich] joins us at a time when commercial development activity continues to be strong in the city; and as a Plymouth-based firm, we're proud to be involved".
Five breakaway partners from IP firm Bristows last week launched their own boutique, Powell Gilbert.
The London office of US firm Bryan Cave will allow its associates to help choose trainees.
CMS Cameron McKenna is being sued for negligence by offshore company Tamlura at the High Court for unspecified damages.
Newsflash: The March edition of The Lawyer’s podcast is now on the website: www.thelawyerpodcast.com
The Attorney General Lord Goldsmith kick-started a clash of the legal titans after he tried to gag the media from reporting a fresh angle on the cash for honours scandal - and the saga continues.
Clifford Chance has emerged as the strongest brand in the legal market.
'Charitisation' is a trend due to revolutionise the world of charity lawyering. The term refers to the process of transferring responsibility for the delivery of public services to charities, or in Government-speak, 'the third sector'. The value of contracts between charities and the state has been estimated at £5bn and political parties ...
South Africa's legal framework is getting a long overdue overhaul with the introduction of a charter aimed at boosting diversity. But it still needs work, says George van Niekerk
City firms including Freshfields Bruckhaus Deringer, Linklaters and Slaughter ...
The current debate surrounding private equity is welcome but misguided, according to the City's top private equity lawyers.
Common law set Seven Bedford Row is gearing up for radical structural changes aimed at making it the first chambers to take advantage of Sir David Clementi's legal reforms.
Clyde & Co today (12 March) launches in Qatar, stealing Simmons & Simmons consultant David Salt to head the practice.
The long wait is over. The Broad Based Black Economic Empowerment Codes were finally gazetted and passed into law on 9 February 2007 by the South African government. Jay-Ann Jacobs reports
With the big litigation cases increasingly rare, the commercial and chancery world has been focusing on more philosophical issues of late.
Partners holding senior positions in law firms may find it difficult to worm their way out of restrictive covenants following a recent Court of Appeal ruling.
Denton Wilde Sapte's banking department has suffered a fall from grace - no wonder the firm is taking urgent measures to turn things around
Dewey Ballantine has secured its collaboration with Galgano, despite the loss of a senior partner from the Italian boutique last week.
DLA Piper’s Bangkok office has bagged two partners from local firm Siam Premier.
South African lawyers beware. DLA Piper competition partner Mike Pullen is coming - and he's bringing a rifle.
Egorov Puginsky Afanasiev & Partners has become the first Russian law firm to score an M&A deal in Africa.
EMI's legal function is facing an overhaul as the company launches a worldwide restructure of its business at a time when it is the subject of a takeover approach from rival Warner Music.
The former Sullivan & Cromwell associate at the centre of a bitter discrimination case against his old employer has moved to dismiss the New York firm's counter-suit against him.
Canadian firm Fasken Martineau DuMoulin has secured its second merger in as many months after agreeing terms with Ottawa-based Johnston & Buchan.
Former White House aide and Dechert's former Washington DC managing partner Lewis 'Scooter' Libby was found guilty of perjury and obstructing justice last week.
Freshfields Bruckhaus Deringer and Travers Smith have teamed up to advise on the sale of a £1.03bn majority stake in the Tussauds Group to Ashurst client Merlin Entertainment, which is owned by Blackstone. Freshfields ...
Airline caterer Gate Gourmet has more than doubled the size of its legal team in the past few months and is likely to keep growing it under new management.
Texan-headquartered Bracewell & Giuliani has raided Bingham McCutchen for its co-head of bankruptcy along with one other partner.
Gómez-Acebo & Pombo is one of Spain’s largest independent law firms and is one of the first to bring in external business consultants to review its strategy.
IP law and Google just do not seem to mix. The company's stated mission is to "organise the world's information". But where that objective clashes with copyright law the company will have to ride a wave of criticism and litigation.
Attorney General Lord Goldsmith yesterday (Thursday 15 March) unveiled a raft of initiatives designed to combat fraud, including a review of how the offence is dealt with in the courts.
The former senior in-house counsel of troubled Hewlett-Packard (HP), Kevin Hunsaker, has avoided a criminal conviction on counts of fraud stemming from an internal company inquiry,
Rather than looking to ape other countries' legal systems, the UK should focus on maintaining the high standards it is famous for the world over, says Simon Davis
It was all smiles at Admiralty House last week, where the Department for Constitutional Affairs (DCA) and the Law Society were playing host to the All India Bar Association (AIBA) and a crowd of the legal great and good from the UK. Perhaps there was a tad too many meat-based canapes for the numerous vegetarian guests of honour, but the overall mood was buoyant.
The influential All India Bar Association (AIBA) is set to recommend that the Indian government opens up its legal services market to foreign lawyers as India's largest firm Fox Mandal Little revealed plans to launch in London.
Top-25 firm Irwin Mitchellis to merge with Glasgow-headquartered Golds to form a £125m-turnover firm.
It is the end of an era for Cadwalader Wickersham & Taft. As exclusively revealed on www.thelawyer.com last week (8 March), restructuring star Andrew Wilkinson is finally making his long-rumoured move to Goldman Sachs to become co-head of restructuring alongside Lachlan Edwards, who recently joined from Rothschild. At the same time the firm’s involvement ...
Linklaters is set to convert to LLP status on 1 May, having already registered its LLP with Companies House.
Linklaters has won a place as the only foreign firm on the Swedish government's new seven-firm legal panel, just as a wave of privatisations nears in the country.
Transport for London (TfL) and its group company London Underground Ltd (LUL) are reviewing their panel.
Freshfields culls finance to focus on corporateThe full extent of Freshfields Bruckhaus Deringer's restructuring has been revealed by The Lawyer (5 February).
Newcastle-based Dickinson Dees has hired a Mayer Brown Rowe & Maw consultant as the firm’s new head of environmental and safety.
McGrigors’ London office has suffered a dual blow, with one banking and finance partner quitting and barrister Jonathan Fisher QC returning to chambers after just six months at the firm.
The London office of Morgan Lewis has scooped Brown Rudnick's outsourcing and technology team.
Norton Rose ups Frankfurt banking nous" /Norton Rose has raided Mayer Brown Row & Maw (MBRM) to boost its Frankfurt office. Senior associate Dr Caroline Herkströter leaves MBRM after two years and joins Norton Rose as a ...
Olswang has hired a senior competition associate from Freshfields Bruckhaus Deringer as a partner. Alasdair Balfour's arrival boosts partner headcount in the London competition team to three. Balfour will be reunited with Olswang's head of EU and competition Howard Cartlidge, who also joined the firm ...
Christopher Carr QC, a barrister at One Essex Court, died on 2 March. Carr, 62, was a legal academic in both Canada and England before being called to the bar in London in 1975. He was awarded silk in 1983 after just eight years as a barrister. He was known in recent years for his work on the Sumitomo litigation, which catapulted him into the bar's top earners and saw him net more than £2m in a year. One Essex Court head of chambers LordAnthony Grabiner said: "He was, in every way, ...
Eleanor Platt QC is standing down as the joint head of family chambers One Garden Court to make way for the next generation.
Last week Tulkinghorn pondered on the diversity policy of Birmingham-based Martineau Johnson and the firm's non-discriminatory policy towards "mental status", as revealed in its submission for The Lawyer Career Report 2007 ('You Don't Have To Be Mad To Work Here…', 5 March).
The co-author of the US's infamous Sarbanes-Oxley Act (Sarbox) has entered private practice, joining Ohio-headquartered Baker Hostetler in Washington DC. Michael Oxley, who was an Ohio representative in Congress (the US equivalent of an MP) until January this year, will join Baker Hostetler's 80-lawyer DC office as of counsel and will build up a public policy group. This will be Oxley's first spell in a law firm. Before going into politics he worked at the FBI for three years.
BLOG FROM MIPIM: Did Norton Rose shoot down Lovells’ balloon? All the gossip on what property lawyers are doing in Cannes this week on our twice-daily blog. See story.
The life sciences sector is moving into M&A, and firms with specialists have the edge. By Ben Moshinsky
Pinsent Masons' European alliance, Pinsent Masons Luther Group (PMLG), has extended into Turkey via a joint venture with Turkish firm Köksal.
South Africa can look forward to a new era of investment in and security of its energy sector.
Modern premises for the Commercial Court will be of no avail if the mindset is not brought into the 21st century. By Mark Humphries and Jane Larner
Former Freshfields Bruckhaus Deringer restructuring head Peter Bloxham has reappeared as a “policyholder advocate” at Prudential just as the insurance giant instructed Freshfields on a headline deal with troubled mutual Equitable Life.
Boutique maritime law firm Thomas Cooper & Stibbard (TC&S) is set to launch a new office in the French capital after raiding Reed Smith’s Paris office.
Holborn-based firm Segens has taken on two partners in the last week, including property expert Peter Felton. Felton joins the firm with two other fee-earners from Feltons at the same time as property partner Tim Milton, taking Segens' lawyer count up to 11. As well as moving into larger premises in April, Segens will set up a three-lawyer corporate department by June. Segens senior partner Michael Segens said: "We're a small law firm doing big-firm work, which is a nice problem to ...
Sheppard Mullin Richter & Hampton has chosen China as the location for its first international offering.
Simmons & Simmons will give all of its associates the option of becoming of counsel rather than partner.
Simmons & Simmons has landed an instruction as lead adviser on a groundbreaking project to create a pan-Ireland electricity market.
SJ Berwin has joined the slew of firms looking for a slice of the Olympic action. The firm advised on part of the regeneration of the Old Street roundabout, which will become a gateway landmark to the London 2012 Olympic site. SJ Berwin advised new client Fusiongold, a purpose-specific offshore vehicle, on the £64m acquisition of a 2.8-acre site at 183-213 Old Street. Howard Kennedy real estate partner ...
Slaughter and May has cemented its corporate ties with private equity house 3i with corporate partner Kathy Hughes advising on the float of its infrastructure fund last week.
Slaughter and May has pipped Allen & Overy to represent Alliance-Boots in its first major corporate transaction since last year’s £8.1bn merger between Alliance Unichem and Boots: its £9.7bn approach from US private equity house Kohlberg Kravis Roberts (KKR).
Taylor Wessing made legal history by obtaining the first costs-capping order against an opposing firm's fees in a libel dispute, winning a four-year battle for Associated Newspapers.
On her return to local government, Brent's legal head had a fight on her hands to hike the number of lawyers. She won, and saved the council millions. By Jon Parker
Oh, what a tangled web.
Tulkinghorn can bring you more heartening news that not all hot-shot lawyers drive pimp-mobiles. He hears that A&O very responsibly provides a bus to shuttle its lawyers between its Spitalfields office and its Canary Wharf outpost.
As with most businesses, law firms are continually in pursuit of increased profitability and growth. However, they are often hindered by a shortage of talented staff.
Name: Michael Polkinghorne Firm: White & Case Title: Partner Lives: Paris Education: LLB Hons, University of Adelaide; LLM Cantab Work history: ...
Travers Smith has cemented its ties with marquee private equity client 3i by advising it on the £790m sale of car park operator NCP to Macquarie.
Castle Bidco was busy last week in the real estate market. First came its £1bn offer for property company Countrywide, then Thursday's (8 March) £715m bid for property developer Crest Nicholson. Except it wasn't.
Morrison & Foerster's (MoFo) London office has bagged a lead role advising the UK Government on a £297m outsourcing project.
Dechert, Paul Hastings, White & Case buck slow growth trend Last month was all about associate salaries. February's US firm-by-firm comparison concentrated on the nitty-gritty of 2006's financial results. ...
Media behemoth Viacom has instructed East Coast litigation specialists Jenner & Block to handle its $1bn copyright case against video site YouTube.
One of the largest and oldest firms in Sheffield and South Yorkshire is following an aggressive expansion strategy that should see it double its turnover within five years.
Walker Morris is to promote six associates to the partnership, the firm's biggest promotional round ever.
Watson Burton is fighting a pro bono IP battle on behalf of one of the UK's largest fair trade organisations.
Newcastle-based Watson Burton is giving pro bono advice to Wallsend Boys Club, the amateur football club that produced the likes of Alan Shearer, Peter Beardsley and Michael Carrick.
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Tulkinghorn doesn't often have blonde moments. It's difficult when you're on the wrong side of the middle-age spread and any hair, grey or otherwise, is disappearing as fast as your memory.
Watson Farley & Williams (WFW) has raided Athens firm IKRP Rokas & Partners for an energy-focused corporate team as it accelerates its plan to become the largest UK firm in Greece.
As reported on page three, Watson Farley & Williams' (WFW) Greek operation has bagged itself three corporate lawyers from Athens firm IKRP Rokas & Partners, including one partner.
White & Case has won the right to have five out of the eight points of appeal to be heard in the House of Lords in the ongoing extradition saga of businessman Ian Norris.
Mishcon de Reya and Wragge & Co have advised on a £25m deal to develop the new stadium for Luton Town Football Club. Under the deal the Old Park Farm site owned by Cliff Bassett will become home to the club's new 22,000-seat stadium. Bassett was advised by Mishcon partner Alan Spiers. Wragges, led by finance partner ...