13 January 2003
SEC sent letters requesting relaxation of proposed rules on auditor independence
Akin Gump has relocated New York funds partner David Billings to the UK to set up a new hedge funds practice. As well as Billings, the firm has recruited Dechert lawyer Simon Thomas as counsel.
Personal injury partner Warren Collins strengthens London office of health specialist Alexander Harris
After seven partner departures in twelve months, Emma Vere-Jones asks: can the firm recover?
ABN Amro panel win pays off as City firm scoops takeover work for Morrisons
The Bar Council is to launch a root and branch review of its departments' and committees' spending in the wake of extra cost burdens
The Bar Council is in the process of establishing a European committee that will bolster its efforts to lobby European Community institutions
A court has spoken out against payments and case referrals between solicitors, barristers at Robert Rhodes QC's 4 King's Bench Walk, and an arm of Claims Direct
Brown & Wood (now Sidley Austin Brown & Wood), top 50 US firm Jenkens & Gilchrist and Ernst & Young (E&Y) and its US-allied law firm McKee Nelson are being sued by 10 former clients for more than $1bn (£622.5m) for their advice on a tax scheme
Beijing office to close; 40 Hong Kong lawyers made redundant
IT Looks like Nigel Knowles really has been instilling a good work ethic in his partners. Tulkinghorn hears that one DLA partner, who went into hospital for surgery last Monday, was spotted walking down the corridor to the operating theatre in his gown with laptop and briefcase in hand. What's more, the two items remained with him during surgery. Perhaps the laptop and briefcase were there to give the partner a little reassurance, like a teddy bear to a child. Bless.
Robert MacVicar and Tim Plews to lead City finance machine
Investment in French competition capability pays off
Clifford Chance has underlined its relationship with key client Merrill Lynch by hiring its associate general counsel to the firm's New York office. George Schieren, a securities litigator, joins the firm after 20 years at the investment bank. He was formerly a member of Merrill Lynch's executive committee. First revealed on www.thelawyer.com/lawyernews on 8 January
Matthew Higdon and Chris Hutchings lead team in new exclusive relationship with publisher
Clifford Chance and Allen & Overy (A&O) have found solutions to succession issues faced by their banking practices. The rival practices have resorted to power splits in order to avoid potential conflict
Wrigley earns £1m more than top of equity; Gianni, Erede and Grimaldi all feature
In a blow to Clifford Chance, securitisation star Luigi Chessa is leaving the firm just six months after he was appointed as joint managing partner for Italy
Following Enron and Worldcom, to what extent does self-regulation of the accountancy profession in the UK need reining in to prevent any repeats? Jon Robins reports
The four-year fight for sex.com, the web's hottest domain name, rumbles on as internet domain registry Network Solutions is accused of mistakenly transferring the ownership of sex.com to con artist Stephen Cohen, who has been on the run since being ordered to return the domain name and pay $65m (£40.5m) costs.The case now looks to be heading to California's highest court, after a panel of judges asked the California Supreme Court to rule on the question of ...
Canadian firm Davis & Co has bulked up its presence in Toronto with the acquisition of niche international business law firm Klotz & Co
Global firms win out as A&O replaces Freshfields; Bertelsmann opts for Linklaters over Hengeler
Baker & McKenzie splits practice group after financial services and investment funds head quits for Debevoise
Dechert's UK, Paris and Luxembourg partners have been left vulnerable to potential negligence claims after the firm converted its US and Frankfurt offices to a Pennsylvania limited-liability partnership (LLP)
Dechert has suffered another blow to its property department with the departure of partner Pat Jones to SJ Berwin
Denton Wilde Sapte has formed an association with Botswana firm Collins Newman & Co, boosting its network of African firms to five
Tulkinghorn has discovered that macho M&A lawyers have adopted a lethal new tactic for scaring the opposition - outsmelling them.Partners from Slaughter and May and Macfarlanes, working two consecutive all-nighters on the Regus deal, didn't bother to avail themselves of the swanky bathroom ...
DLA advises GLA and Transport for London on threat of legal action by Class Law
Former associate alleges she was denied partnership because she is black
Ernst & Young (E&Y) has lost the head of its employment unit Rory O'Connor to Canterbury firm Furley Page. At E&Y O'Connor advised on expatriate employment structures, severance, redundancy programmes and employee benefits policies. Prior to that he worked at Bird & Bird.
Edwin Coe is to spearhead AG Legal, a new global network of independent law firms launched by international accounting group Alliott Group. Edwin Coe was chosen by Alliott to chair the AG Legal committee.
Eversheds is pushing ahead with the development of an international real estate and finance practice
Legal Action Group director Karen Mackay appointed to new role at Solicitors Family Law Association after management review
Ailing giant Ford Motors has finalised its first formal UK panel, but the company's legal advisers have been left guessing what their new roles will be and how much they can charge
Manchester-based Fox Brooks Marshall has advised Highland Gold on its £200m admission to AIM, which is the second-largest placing on the market to date
Freshfields and Linklaters are going head-to-head to secure the best role on the newly merged LogicaCMG's legal panel. The merger completed on 30 December
Freshfields Bruckhaus Deringer, Lovells and Norton Rose have finally completed most of the London Underground public-private partnership (PPP) work on the Jubilee, Northern and Piccadilly lines' infrastructure. It is one of the most high-profile and complex PPPs to date and the largest to complete ...
Garrigues, the former Andersen Legal firm in Spain, is to shelve plans for building a European and North American best friends network as it turns its attention to South America
Black country firm George Green has hired Neil Williams, formerly of Pinsent Curtis Biddle, as head of commercial litigation, while Tim Lang, previously the head of Weightman Vizards' employment team, joins as head of employment. First revealed on www.thelawyer.com/lawyernews on 8 January
French firm joins Clifford Chance, Allen & Overy, Herbert Smith in gaining second licence
When rumour reached The Lawyer's offices that lawyers at Leamington firm Wright Hassall had been getting their kit off in the carpark at lunchtime, Tulkinghorn's suspicion was naturally aroused. Not only that, but according to the rumours there were camels involved.But before getting on the telephone to the RSPCA and the Office for the Supervision of Solicitors, Tulkinghorn ...
Gordon Dadds insists there’s more to it than family law and litigation
Lawyers involved in the massive Factortame litigation face not being fully paid after a Government challenge to their conditional fee arrangements (CFAs). Their fees relate to over two years of work and are understood to amount to millions of pounds
Wragge & Co's German best friend Graf von Westphalen Bappert & Modest has sealed a merger with a Hamburg accountancy firm, Busch & Partner. The idea behind the merger is to offer Graf's Mittelstand clients a multidisciplinary service, with lawyers, tax advisers and accountants.
Partners to vote by Wednesday on merger with NautaDutilh's Madrid office
Hammond Suddards Edge has recruited two intellectual property partners and three assistants from the London office of McDermott Will & Emery. The firm has lifted Philip Rees and trademark specialist Kathleen Harris from the London team, headed up by Larry Cohen (left), who was himself at Hammonds before joining McDermotts in 2000. First revealed on www.thelawyer.com/lawyernews on 10 January
Denver technology firm Holme Roberts & Owen has officially opened its new Munich office. The three-partner office will be run by Jens Röhrborn and will focus on technology, intellectual property, venture capital and private equity work.
Kennedys has hired Vizards Wyeth partner Caroline Berens for its casualty team. Berens, who is moving to Kennedys with an assistant solicitor, is Kennedys' third partner hire since September.
West Coast Capital's interest in the retail sector could provide KLegal and Olswang - two firms not best known for public M&A - with the legal work on a hostile takeover bid.KLegal's Scottish firm McGrigor Donald is currently advising West Coast and Scottish venture capitalist Tom Hunter on the acquisition of shares in Allders. Olswang is advising the rival suitor for Allders, ...
BBC Worldwide's director of corporate legal affairs and company secretary Jonathan Holder has quit in a surprise move
Linklaters has sparked a student scramble by offering 30 future trainees a £14,250 lump sum if they defer for a year
Cardiff corporate boutique M&A Solicitors is set to launch a consultancy in a bid to capitalise on the boom in public sector work in Wales
UK managing partners are becoming increasingly pessimistic about the economic outlook, according to the latest business confidence survey of managing partners
Marsh, the flagship operation of the world's largest insurance broker Marsh & McLellan, is attempting to build a cross-referral network between its law firm clients and the corporates on its books
Larry Cohens London IP team fights back after team loss to Hammonds
Is your firm suffering from falling profits? How should you respond to the depressed market? Tony Williams reveals the questions you should be asking in order to stave off the effects of the downturn
Morgan Cole has put in place another new management structure as it prepares to elect a successor to chairman John Cole
Law firms considering a merger or recently emerging from one should take notice of a recent article published by McKinsey & Co on why mergers fail (The McKinsey Quarterly 2001, No 4)
Anglo-Danish firm Orr Rosenfalck has entered an alliance with Denmark's specialist new technology firm von Haller and recruited its first Swedish lawyer
Dechert has been ditched from the legal panel of Gulf International Bank (UK) (GIB UK), the UK subsidiary of Bahrain-based Gulf International Bank
US FIRM Pillsbury Winthrop has hired technology partner Ashley Winton from Osborne Clarke's Reading office as its first UK-qualified partner in London
Three Vinson & Elkins partners join Pillsburys Houston launch
The Manchester office of Pinsent Curtis Biddle has announced the appointment of Simon Masters as a partner in its corporate group
Qinetiq, the former Defence Evaluations and Research Agency (Dera), is set to launch its first legal panel
Jones Maidment Wilson (JMW) (Peter Chape) acted for Marks & Spencer on the acquisition of its new range of Simply Food stores in the North of England. JMW is structuring deals for seven Simply Food high street stores.SJ Berwin (David Ryland) acted for Babcock & Brown on a joint venture with a group of private ...
Clyde & Co has sent a partner on a secret trade mission to Iraq to attract clients from among the country's major industries
As Osborne Clarke moves into a new era, German managing partner Stefan Rizor has become a powerful voice within the firm. Julia Cahill reports
Schillings has recruited Harbottle & Lewis senior associate and head of publishing Rachel Atkins as a partner. Atkins, who is eight years qualified, fills a gap left by intellectual property and sports partner Eddie Parladorio, who has left to set up his own sports consultancy.
General counsel and executive vice president to launch institutional entertainment and media practice at US firm
Singapore managing partner returns to New York; one of counsel and four associates transfer to Hong Hong
Speechly Bircham has hired Alistair Henry, a former partner at niche property firm Maxwell Batley. Henry spent seven years at Herbert Smith and practised as a barrister for two years. He specialises in property investment and development, planning and environmental law.
Edward Ringrose, former general counsel of WorldCom in Asia Pacific, joins Squire Sanders in Hong Kong
The Lawyer Hot 100 has been and gone, and unfortunately some lawyers didn't make it in.But the award for the quirkiest lawyer of the year must go, once again, to David Wineman founding partner Irving David. Remember him? When profiled by The Lawyer in 1999 he shared these words of wisdom with the legal community: "I've never seen a flying saucer and I don't profess to having been abducted, but I don't think believing in UFOs makes one an 'odd ...
Taylor Wessing is gunning for a Paris merger by the year's end and has placed Hamburg partner Axel Filges permanently in the French capital
Former Bangkok managing partner demands £30m payoff from 'imperialist' CC
Oh, to be a fly on the wall at White & Case's partnership retreat last week. The management proposals - revealed last week by The Lawyer - are intensely ambitious.To recap: White & Case aims to double profits per equity partner by 2005 to $1.3m (£809,000) from $730,000 (£454,500), and not all from de-equitisation, that ugly, oddly fashionable euphemism for partner culling. (Indeed, there are whispers that a number of newly made up partners have not ...
Trawling through newspapers while getting shouted at by tabloid editors may not be everyone's ideal job. But, as Alex Wade reports, working the wee hours can have its benefits
Qinetiq general counsel Lynton Boardman has been too busy with the Carlyle Group buy-in to really get to grips with the legal function - until now. Steve Hoare reports
CMS Cameron McKenna and Addleshaw Booth & Co emerge as favourites
Smut, filth and muck. Tulkinghorn must doff his cap to the more traditional among you and admit that his column is getting out of control. First the Clifford Chance lap dancing fiasco; and now he is bound by his duty to the common interest to reveal that David Pannick QC, possibly the most sought-after public law silk in the country, has apparently been finding time to hang around Brewer Street ...
Ntl relationship partner Spencer Summerfield helps Ntl out of Chapter 11 insolvency proceedings
Two separate surveys of law firms have concluded that lawyers do not care about their benefit packages
The past 12 months have been a watershed for Weightmans, and its North West heartland is being targeted for more growth
The German half of Taylor Wessing has posted a 10 per cent increase in turnover for the 2002 calendar year, to £44m
Associates challenge City and regional pricing with new Technology Law Alliance
Zurich is finalising a new legal panel for catastrophic injury work