13 September 1999

The Lawyer

  • A&O and KPMG argue over taxman

    13-Sep-1999

    Confusion surrounds Allen & Overy's claim that it is poaching two senior tax specialists from Linklaters and big five accountants KPMG.The law firm says accountancy partner and VAT specialist Peter Mendham is joining its practice at the beginning of next year, and senior tax associate Stephen Taylor ...

  • Addleshaws raids Paisner & Co in bid to triple London partners

    13-Sep-1999

    Addleshaw Booth & Co has poached its second partner from Paisner & Co in just six months.Margaret Tofalides is following in the footsteps of her colleague Simon Twigden, who will now head Leeds-based Addleshaws' London office.Tofalides, who has been at Paisners in the capital for 11 years, will join Addleshaws today as an IP partner and will work alongside Twigden, a reinsurance dispute resolution partner.Twigden, who quit Paisners in March, ...

  • An equitable ruling?

    13-Sep-1999

    Sir Richard Scott's ruling that Equitable Life's directors acted lawfully when setting discretionary payouts may be good law, but it is not necessarily good for policy holders or the insurance business.Scott found that the directors had acted within their powers but pointed out that Equitable Life had done little to tell policyholders of the changes to the bonuses - ironic when Equitable Life is recognised as one of the more open of insurance companies.

  • Archive move is not dispruptive

    13-Sep-1999

    It is a brave layman who seeks to reach the letters page of The Lawyer. It is an even braver move to challenge the accepted wisdom of firms of repute such as Dibb Lupton Alsop.However, the idea that closing down a hopelessly uneconomic production line for microfiche in central London and substituting four times-a-day delivery from Cardiff will somehow bring the legal work of the City to its knees is hard to sustain (The Lawyer, 30 August).I suppose ...

  • Arnheim Tite boasts rise in fees income

    13-Sep-1999

    Arnheim Tite & Lewis, the associate law firm of PricewaterhouseCoopers, has announced a massive growth in fee income - despite losing six partners who quit to join rival accountancy firm KPMG's legal arm.The firm has published a total fee income of £15.1m for the year ending 30 June 1999, an increase of 58 per cent on the joint income of Arnheim & Co and Tite & Lewis the year before.The 16-partner firm now plans to increase the number of fee-earners ...

  • Case of the week

    13-Sep-1999

    Former solicitor and social security secretary Harriet Harman's alleged stalker is suing the Metropolitan Police. After Harman unsuccessfully represented John Masterson in a civil liberties case, he waged a campaign against her which included a hunger strike outside Labour Party headquarters. Masterton was later arrested and charged with threatening to kill her, even though experts agreed she was in no imminent danger, and the case was later dropped. Now Masterton, ...

  • Chadbournes in Tunisian power deal

    13-Sep-1999

    Chadbourne & Parke, Baker & McKenzie and Davis Polk & Wardwell and have completed a £480m deal to construct a power station expected to supply 25 per cent of Tunisia's electricity.

  • City trio secures UK-US cancer drug partnership

    13-Sep-1999

    Lovell White Durrant, Stringer Saul and Slaughter and May have teamed up to secure a partnership deal between pharmaceuticals company British Biotech and US drugs giant Schering-Plough.The US group will pay a £2.5m licence fee and a £2.5m equity investment for the right to develop, manufacturer and market British Biotech's cancer drugs.Lovells acted for ...

  • Claims

    13-Sep-1999

    High Court action has been launched over a 1996 terrorist bomb blast which left Manchester's Corn Exchange in ruins. Frogmore Investments, owners of the Corn Exchange, have issued a claim in London for more than £750,000 against property valuers King Sturge and Co. Frogmore claims that in valuing the premises, King Sturge miscalculated the size of the building. The firm based its valuation of £25.3m on a total floor space of 19,010 sq m when ...

  • Clintons forced to restructure firm

    13-Sep-1999

    Entertainment and media firm Clintons has been forced to restructure its private client department following the departure of a key lawyer to Lawrence Graham.Karen Marks, who says she effectively headed private client work at Clintons, joined her new firm last week.John Siegel, Clintons' managing partner, says: "When she left we split the job into two - private client ...

  • Coca-Cola & Schweppes Beverages (subsidiary of Coca-Cola Enterprises)

    13-Sep-1999

    In 1998, Coca-Cola & Schweppes Beverages' US parent company, Coca-Cola Enterprises, boasted more than £1bn in sales.

  • Councils must pay mental health bill

    13-Sep-1999

    Many local authorities throughout the country face having their budgets thrown into disarray by a new High Court ruling over funding of accommodation for discharged mental patients.Mr Justice Sullivan has ruled that authorities are not entitled to insist on discharged patients paying for the accommodation it is stipulated they must live in as a condition of their discharge.It is estimated that the decision could cost some local authorities an extra £50m.

  • Davenport Lyons poaches top New York Mishcons partner

    13-Sep-1999

    Media firm Davenport Lyons has poached a top Mishcon de Reya entertainment partner to head its new office in New York.Music law specialist Jay Quatrini represents mostly "urban" clients - rap, hip-hop and reggae artists - from both sides of the Atlantic.He spends alternate fortnights ...

  • Dibb Lupton Alsop launches one-stop employment shop

    13-Sep-1999

    Dibb Lupton Alsop has become the first UK law firm to set up its own human resources consultancy.The firm believes offering a one-stop shop for all employment matters will be a major attraction to clients.The firm has already signed up two big-hitters from the world of HR to start the consultancy, which launches at the beginning of October.Next week Colin Hann, a senior director at the Commission for Racial Equality, will join Dibbs to head one of ...

  • Digest

    13-Sep-1999

    Legal Monte Carlo update. Reed Elsevier, Coca-Cola Schweppes Beverages, AOL, Somerfield, Autoglass, AWE, Cargill Financial Markets, The Lottery Heritage Fund, The Commonwealth Development Corporation, Cattles plc, Haliburton UK and Ster Century are among the top in-house counsel who have signed this week to attend Legal Monte Carlo 99 in November. To book, call Nichola Welch on 0171 970 4673.The Lawyer and Unicef's Child Rights Lawyer Award has a new judge. ...

  • Digest

    13-Sep-1999

    Last week The Lawyer reported that dancer Michael Flatley had settled his litigation with the producers of Riverdance for £42m. In fact the sum paid was just over £1m.

  • Disgraced directors to face cash demand

    13-Sep-1999

    A claim against four sacked directors of the Queen's Moat Houses (QMH) hotel group for repayment of unlawful share dividends, salaries and bonuses is scheduled to be heard in the High Court later this year.The former directors are: John Bairstow, former chairman and joint managing director; Martin Marcus, former deputy chairman and joint managing director; David Hersey, former finance director; and Allan Porter, former deputy finance director.

  • DoE awards Dibbs PFI contracts

    13-Sep-1999

    Dibb Lupton Alsop is masterminding PFI projects for the Department of Education (DoE) in Northern Ireland.The firm has advised the DoE on a PFI-funded school in Dungannon, plus the provision of accommodation and services at a college in Londonderry. Four other PFI projects in the province are in the pipeline, all of which will see Dibbs acting as adviser.Dibbs' Liverpool head of property Mark Beardwood led a team of commercial, employment and construction ...

  • DTI challenges wealth offer

    13-Sep-1999

    The promoters of an internet get-rich-quick scheme are being taken to the High Court by the Secretary of State for Trade and Industry. The Universal Wealth Register promises people who buy its tickets will double their money. It is accused of issuing false and misleading adverts and it is claimed that its ability to pay ticket holders must depend on ever-increasing ticket sales. The Department of Trade and Industry will argue that a point will arrive at which ticket sales are insufficient ...

  • Edward Lewis opts for Rutter

    13-Sep-1999

    Edward Lewis' longest-serving partner Jeremy Rutter is likely to replace chairman Tony Collins, who resigned from the firm's management committee and is negotiating leaving the partnership over claims of sex discrimination.One source alleges Collins is demanding a large pay-off to leave the London firm, a move which has incensed some partners.A resolution will be proposed at a partners' meeting on 23 September to replace Collins with Rutter. Michael ...

  • Employed barristers deserve justice

    13-Sep-1999

    Last year the Lord Chancellor introduced the Access to Justice Bill, saying it "would remove unnecessary restrictions...which prevent employed barristers and most solicitors from appearing in the higher courts". Lord Mackay said much the same in 1990.Both sets of proposals were vigorously opposed by the Bar Council, anxious to protect the interests of barristers in private practice. And the "bar wars" followed.The Lord Chancellor's ...

  • Financings

    13-Sep-1999

    Simmons & Simmons advised MediDesk on its £6.25m capital raising

  • Financings

    13-Sep-1999

    Eversheds advised building society syndicate Mutual One on a finance deal to enable De Montfort University to invest £12.5m on its campus. Judith Gershon (pictured)

  • Flotations

    13-Sep-1999

    Finers acted for road traffic accident management service provider Accidentcare Group and corporate advisers Daniel Stewart on an £1.2m offer for subscription and admission to trading on Ofex. Peter Jay and Ashley Reeback

  • Flotations

    13-Sep-1999

    White & Case's London and Frankfurt offices advised Israel-based On Track Innovations on its euro40m initial public offering and listing on the Neuer Markt

  • Gulf War specialist Donns seeking merger partner

    13-Sep-1999

    The new managing partner at Donns Solicitors, which is handling the bulk of the Gulf War Syndrome litigation on behalf of UK servicemen, says the firm is actively looking to merge.Hilary Meredith is taking responsibility for the day to day management of the leading Manchester personal injury firm and freeing up senior partner Raymond Donn to concentrate on development and promotion of the firm.She says Donns is in the early stages of talks with potential merger ...

  • Hammond Suddards handles second deal for internet client

    13-Sep-1999

    Hammond Suddards has completed a second acquisition for an internet sports client it took from SJ Berwin.The firm advised on AIM- listed Sports Internet Group's purchase of offshore, tax-free bookmaker Surrey Group for £19.7m.In May, Hammonds acted for PlanetFootball.com in Sports Internet's £26m purchase of the website provider (The Lawyer, 24 May).

  • In brief: Denton Hall

    13-Sep-1999

    Denton Hall has won a pensions test case for Equitable Life at the High Court. Norton Rose advised the policy holders representative defendant, David Hyman.

  • In brief: Dibb Lupton Alsop

    13-Sep-1999

    Dibb Lupton Alsop's head of operations, Andrew Chappell, is to quit the firm at the end of the year to set up an online stamp collecting service with his father. The Bradford-based partner, who for the past two years has run Dibb Lupton Alsop jointly with managing partner Nigel Knowles, has been with the firm for 20 years.

  • In brief: Minter Ellison

    13-Sep-1999

    Minter Ellison, the Australian law firm with offices in London, has won a five-year struggle to gain a licence to practice in China. Another Australian firm, Deacons Graham & James, has, meanwhile, picked up a third licence to practice there. Both will open offices in Shanghai.

  • In brief: Salans Hertzfeld

    13-Sep-1999

    Salans Hertzfeld & Heilbronn, the transatlantic law firm, has taken over the five-partner Azerbaijan firm, Wicklow Group in Baku. This will form Salans' fifth office in the former Soviet Union. Alum Bati, Wicklow's managing partner, has been made a Salans' partner and heads the new office.

  • In brief: Shaw Pittman

    13-Sep-1999

    Shaw Pittman. In last week's survey of US firms in London it was stated that Shaw Pittman partner Andrew Dunlop joined the firm from Dibb Lupton Alsop when it was, in fact, Freshfields.

  • In brief: Simmons & Simmons

    13-Sep-1999

    Simmons & Simmons has appointed three new laterally-hired partners. Cameron McKenna's international derivatives regulation partner, Ned Swan, joins the London office. Fiona Loughrey, employment head at Baker & Mackenzie Hong Kong, joins the Hong Kong office. Finance partner Ibrahim Mubaydeen has joined the Abu Dhabi office from local firm Al Tamimi & Co.

  • In brief: Sinclair Roche & Temperley

    13-Sep-1999

    Sinclair Roche & Temperley is battling to keep Korea's second-largest conglomerate Daewoo afloat. Head of company and commercial Kevin Dean is leading a team of six London-based lawyers and four in Hong Kong, advising Daewoo UK, Daewoo Cars and Daewoo Hong Kong. Cleary Gottlieb Steen & Hamilton is advising Daewoo in Seoul.

  • In brief: The Lawyer

    13-Sep-1999

    The Lawyer and Unicef's Child Rights Lawyer Award has a new judge. Peter Harris, the former Official Solicitor will join Baroness Scotland QC, Sir John Waite, David Hershman and Andrew McFarlane QC on the panel of judges for the Child Rights Lawyer Awards held by The Lawyer and UNICEF. The closing date for nominations is Thursday 21 October. The award will be presented at an evening reception at the Law Society's Chancery Lane Headquarters on 16 November. For further information, ...

  • Is there a lawyer in the house?

    13-Sep-1999

    Investment bank JP Morgan's in-house legal team has suffered three high-profile departures in five months.Barbara Jones is quitting her post as regional counsel for capital markets in Europe, Middle East and Africa. Allen Hanen, once the US investment bank's head of legal for the same region, has also gone. And Jim Wickenden has left the post of head of legal for asset management services in Europe.Jones is going to the London office of US firm

  • It's been a bad week for...

    13-Sep-1999

    Lord de Ramsay. For more than four years Lord de Ramsay has chaired the Environment Agency. Now the Agency has investigated his own Cambridgeshire family estate, Worlick Farm, over claims that estate staff extracted excessive water. The agency is considering "appropriate action" and may bring a prosecution against its own boss.Sloth. Judges are to be given the power to fine slow lawyers on the spot when their snail-like tactics delay criminal ...

  • It's been a good week for...

    13-Sep-1999

    Media hype. PR supremo Max Clifford is masterminding a media campaign for Norfolk farmer Tony Martin, who stands accused of murdering a 16-year-old youth who he suspected of burgling his house. Clifford is working free of charge because he supports Martin's cause, and says he has been approached by solicitors "hundreds of times" to work on various legal campaigns. Martin, who is being represented by solicitor Nick Makin of Leicestershire firm M&S, ...

  • Jeremy Kosky reports on a billion-dollar family row

    13-Sep-1999

    Jeremy Kosky is a litigation assistant at Clifford Chance, which is acting for Heini Junior in the case. Norton Rose is acting for the trustee and protector.A storm is raging in Bermuda over the validity of a billion-dollar trust set up in 1983 by Swiss Baron, Heini Thyssen-Bornemisza. The ...

  • LAB set to cut back on temporary admin staff

    13-Sep-1999

    The Legal Aid Board (LAB) is understood to be planning cutbacks in temporary administrative staff, say senior sources.It is thought the LAB will not renew certain temporary contracts when it becomes the Legal Services Commission following the Access to Justice Act and contracting is introduced. As reported exclusively in The Lawyer (1 February), the LAB has an admin budget deficit of £3m.The LAB confirms the introduction of contracting and other reforms ...

  • Law forums discuss MDP challenges

    13-Sep-1999

    The Law Societies of England and Wales, Scotland and Northern and Southern Ireland meet this week in Dublin to exchange views on multi-disciplinary partnerships (MDPs).The summit is part of a two-year process in which the societies have considered ways of lifting the ban on law firms merging with other professions, such as accountants, surveyors and estate agents.The meeting comes as a Financial Times-commissioned survey reveals that more than half of the UK ...

  • Lee Crowder poaches partner

    13-Sep-1999

    BIRMINGHAM construction law firm Neil F Jones will lose senior partner Jeffrey Brown to rival firm Lee Crowder. He joins Lee Crowder as a construction law partner.Brown, senior partner for five years before stepping down in January to be replaced by Simon Baylis, is due to join Lee Crowder next month. He wants to build up his non-contentious construction law practice and feels there are more opportunities to do so at Lee Crowder.Brown says: "Lee Crowder is a ...

  • Legal Widow

    13-Sep-1999

    Just returned from our two weeks in France. We tried to be grown up this year and stay in a hotel, with visions of drinking coffee on our balcony and reading newspapers while the children sported in the pool below. Doomed from the start; having children means never reading a paper again, mostly because your five-year-old son grabs it first for the Fred Basset cartoon, and your two-year-old daughter then dips it in the pool for an advanced papier mache session.

  • Lincoln's Inn faces employment protest

    13-Sep-1999

    Lincoln's Inn is facing embarrassment as builders working on a multi-million pound chambers refurbishment threaten action over alleged breaches of employment legislation.Nearly 50 builders working on refits at four, five and six New Square Chambers claim they have not received their holiday entitlement.And they are threatening to chain themselves to railings at Lincoln's Inn if the labour dispute is not settled.Michael Dooley, of construction ...

  • Linklaters advises on £10bn NatWest deal

    13-Sep-1999

    Linklaters and Slaughter and May have scooped the leading roles on NatWest's proposed multi-billion pound takeover of Legal & General - throwing into doubt the insurer's panel line-up.Linklaters is advising NatWest on the £10.75bn takeover attempt in the second major banking insurance ...

  • Manches assistant to fill top Warner Cranston post

    13-Sep-1999

    City firm Warner Cranston has appointed an assistant from Manches as a partner to head its troubled employment practice.The department is reeling following the departure of two leading partners and six assistants over six months.David Dalgarno, the previous head, who was regarded by his peers as one of the leading employment lawyers working in the City, left in May to join US firm McDe

  • Merging US law firms form global IP giant

    13-Sep-1999

    Two US firms are merging to form the world's biggest IP practice, and the new firm's next target will be Europe.Washington DC-based Howrey & Simon and Houston IP firm Arnold White & Durkee will join forces on 1 January 2000.The 470-lawyer merged firm will boast a team of 250 IP lawyers, which is expected to generate $130m (£81m) in revenues next year.The new firm's managing partner designate, Robert Ruyak of Howrey & Simon, says ...

  • Minding the language

    13-Sep-1999

    The battle for Allied Domecq (see War Story pages 22-23) turned on an unfortunate comment by Whitbread's chief executive, the fallout from which was that Whitbread lost the battle. In some sectors Whitbread's adviser Clifford Chance became the scapegoat. Such criticisms are obviously unfair but they highlight a problem for firms.A law firm's role may be to advise ...

  • Nelsons aims for nationals' regional work

    13-Sep-1999

    Nelson & Co has poached lawyers from Hammond Suddards, Eversheds and Sheffield firm Graysons in a bid to target work normally done by national firms.Tim Wimbush has moved from Graysons to become a corporate partner at Nelsons. Peter Middleton joins after being a commercial litigation lawyer for 10 years at Eversheds ...

  • New additions to the family

    13-Sep-1999

    Family law covers a broad practice range, from the divorce of Mr and Mrs Average to international child abduction. But judging by the competition for work, the sexiest area is big-money settlements.A large chunk of this work is divided between the magic circle family lawyers, an elite group who are distinguished, says one member, by their experience of big and very complex cases.Looking at firms as a whole, Manches and

  • Olswang partner takes retail property clients to Clyde & Co

    13-Sep-1999

    CLYDE & Co is strengthening its business law group by expanding its Middle East presence and poaching a leading property partner from Olswang.The departing Olswang partner David Wyatt is taking his clients, which include Carphone Warehouse and Tandy, with him, as his old firm is pulling out of retail property work.Wyatt says: "I'd been at Olswang for 11 and a half years and ...

  • Personal Injury Awards

    13-Sep-1999

    Nicola Turner v Kent and Canterbury Hospital NHS Trust (1999) QBD (HH Judge Raymond Dean QC) 20 July 1999Claimant: Female, 28 years old at date of accident; 31 years old at date of settlement.Incident: The claimant was a nurse working at a hospital run by the defendant trust. The hospital lift had been out of order and the claimant assisted in carrying the wheelchair-bound patient up the stairs. The claimant began to suffer pain after she reached the first ...

  • Punch drunk

    13-Sep-1999

    The normally even-tempered Office of Fair Trading (OFT) barely tried to conceal its anger. The brewer Whitbread was in the middle of bidding £2.4bn to buy 3,500 pubs from Allied Domecq Retailing. The deal would have made Whitbread the largest pub operator in the UK with 7,000 outlets.On 29 June the OFT issued the statement: "Whitbread has been clearly advised by OFT officials that the merger [with Allied] is to be considered at the formal meeting of the mergers panel. ...

  • Punders partners to get 50 per cent pay rise

    13-Sep-1999

    The merger between Clifford Chance and Punder Volhard Weber Axster will result in a 50 per cent pay rise for the German partners, The Lawyer can reveal.Punders' profits per partner are understood to be around £400,000 - two-thirds of Clifford Chance partners' earnings. But once the merger is complete all profits will be split equally across the three merged firms, including ...

  • Quote of the week

    13-Sep-1999

    "I like the picture. I thought, God, that's gorgeous - it can't be me. When I'm long gone his work's still going to be remembered. But I also like the intellectual challenge of law and politics."- Bristol lawyer and Labour councillor for Bath and North East Somerset Marilyn Hawkings on her feelings after posing naked for Rankin Waddell's exhibition Raw Nudes, now showing at Proud Galleries, London. Hawkings, who ...

  • Red faces as CC cries Wolfgang

    13-Sep-1999

    Bringing together two law firms in different countries is not an easy job - so a few hiccups are to be expected, especially, it seems, when it comes to learning foreign names.For example, a Wolfgang in a London office would stand out like a sore thumb.So Clifford Chance could be forgiven for mixing up a couple of Wolfgangs in its new merger partner Punder Volhard Weber & ...

  • Richard Parlour

    13-Sep-1999

    Sean Farrell meets Richard Parlour, the entrepreneur and Territorial Army enthusiast who just joined as a financial services partner at Richards Butler

  • Rowe & Maw takes shares as part fees

    13-Sep-1999

    Rowe & Maw has forged ahead with a pioneering US-style fee arrangement scheme, in which it agrees to take a share in the client company as part-payment of fees.The law firm agreed to take a third of its fees by way of an equity stake in International Fire Training Equipment (IFTE) to launch the company on the AIM market.Other advisers on the deal agreed to take shares instead of cash. The listing raised #4.16m for fire simulation equipment company IFTE, which ...

  • Rozenberg

    13-Sep-1999

    The curse of Pinochet still casts a long shadow over the British legal system. Lord Browne-Wilkinson may prove to have been the first of its victims. It fell to the senior Law Lord to announce last December that Lord Hoffmann, a fellow Law Lord who had taken part in the original extradition appeal without disclosing his links to one of the parties, "was disqualified from sitting". A month later, Lord Browne-Wilkinson made the position clearer: Lord Hoffmann ...

  • Scuffle of the week

    13-Sep-1999

    The Home Office v the High Court. Home Secretary Jack Straw has been urged by Mr Justice Scott Baker to "reconsider" his decision to deport London commodities broker Ben James to Nigeria, and to refer the decision to an adjudicator to review all the evidence. James, who has lived in the UK all his adult life, was represented by Winstanley Burgess partner David Burgess (pictured) and Stephanie Harrison of 2 Garden Court, London, in a judicial review ...

  • Seeking higher family values

    13-Sep-1999

    Clerks in family law chambers deserve a pat on the back: the consensus from family solicitors is that there has been a radical improvement in service from the London family bar in recent times.Jeremy Levison, of niche family firm Levison Meltzer Pigott, says the family bar has become much more user-friendly. "The clerks are more approachable and worldly-wise than even half a generation ago."And now, to a large extent, the two counsel ...

  • Sema Group to slash 15-strong legal panel

    13-Sep-1999

    Anglo-French IT & business services giant Sema Group is cutting back its UK external law firms from 15 to just one or two.FTSE 100 company Sema, which recorded a 25 per cent growth in turnover to £669m for the first six months of this year, is to put its external legal work out to tender.Sema refuses to name the firms it employs, but The Lawyer understands it uses Nabarro ...

  • Shearman's director oversees CC merger

    13-Sep-1999

    Rogers & Wells' New York office has poached Shearman & Sterling's executive director to see the firm through its merger with Clifford Chance.Doug Benson will replace Rogers & Wells current executive director Richard Killian when he steps down from the post on millennium eve - the ...

  • Singaporean firms merge for invasion

    13-Sep-1999

    Two Singapore firms have merged to form the nation's second-largest law practice in an attempt to compete with the threat posed by competition from overseas firms.Lawyers from other countries are due to be given the go-ahead to practice Singapore law for financial transactions by linking with local firms.The country's legal services review committee, chaired by Singapore's attorney general, recommended the move after a two-year inquiry. However, ...

  • Square Mile

    13-Sep-1999

    For competition law practitioners and their clients, the next decade will be one of challenge and change. The internationalisation of competition law is upon us. The global economy, mega-mergers and the spread of antitrust regimes around the world means that the time has come for a new type of practitioner and client service.Awareness of the fundamentals of all the world's major antitrust regimes will be essential for practitioners. Clients will choose individuals ...

  • Stephenson Harwood in tit-for-tat poaching move

    13-Sep-1999

    Just a week after losing a lawyer to Richards Butler, Stephenson Harwood has snatched back a partner from the firm to boost its insolvency capability.Ian Fletcher, who has worked at Richards Butler for 12 years, will be joining Stephenson Harwood as a non-contentious insolvency and banking partner.Last week, Richards Butler appointed Richard Parlour, a financial services ...

  • The Lawyer Inquiry: The Lawyer Inquiry

    13-Sep-1999

    Phillip Taylor was born in Amersham, Buckinghamshire in 1954. He is head of chambers at Richmond Green Chambers.What subject(s) did you fail at school?Metalwork.What was your first job?Petrol pump attendant.What was your first ever salary as a lawyer?None. I've always been self-employed as a barrister.What would you have done if you hadn't been a lawyer?Astronaut.

  • The ones to watch

    13-Sep-1999

    Elizabeth ClarkeQueen Elizabeth BuildingCalled to the bar: 1991Professional achievements/associations:Acting secretary to Family Law Bar Association (FLBA).Areas of practice:All aspects of family law with an emphasis on divorce and matrimonial finance.What others say about her:A junior of eight years call, Clarke is singled out as a "shooting star" in the family bar.

  • This week

    13-Sep-1999

    Hammond Suddards and University College London are holding a conference on European business regulation and the relationship between community and national competition law, on 17 September at the Law Society's Chancery Lane headquarters.

  • TSG claims fees used to save OSS

    13-Sep-1999

    The Trainee Solicitors' Group (TSG) is accusing the Law Society of reneging on a promise not to profit from students and instead using their surpluses to help bail out the Office for the Supervision of Solicitors (OSS).The TSG claims the Society receives nearly £1.5m a year from students on the Legal Practice Course. Each student pays £205 to the Society before starting the course.Part of the sum is used to monitor training contracts, but the ...

  • Tuckers slashes chambers panel

    13-Sep-1999

    Leading criminal law firm Tuckers is cutting back the number of criminal chambers its uses and insisting that the counsel it has retained attends its offices for training sessions.The law firm has cut back its panel of approved sets from 10 to four in London.The firm - which has offices in London and Manchester - also requires all the barristers that it still instructs to sign service level agreements.Tuckers' business manager Brian Craig says: ...

  • UK firms set to bid for Japan PFI work

    13-Sep-1999

    UK lawyers are competing to work on projects worth an estimated £5.7bn a year following legislation which makes PFIs possible in Japan for the first time.Law firms such as Allen & Overy and Linklaters, and accountants such as PricewaterhouseCoopers, and various banks have been advising the Japanese ...

  • Unhappy New York law associates plan career change

    13-Sep-1999

    Nearly half of the legal associates in large New York law firms say they plan to swap careers, a new report reveals.And a lion's share of the young lawyers questioned - 56.7 per cent - say they do not have the time for a personal life.The survey shows a startling difference in contentment levels between associates at large and small firms.Some 42.6 per cent from 150-plus lawyer-firms anticipate a career switch, compared with just 16.4 per cent ...

  • Unit trust firm claims libel

    13-Sep-1999

    Two unit trust companies are squaring up for a High Court libel battle over an advertising campaign. Jupiter Unit Trust Managers is suing Johnson Fry Asset Managers for damages following a Johnson Fry campaign. The campaign ran in national newspapers in April and May this year, and in a document called The Complete ISA Guide for Income, which was inserted in some newspapers and was directly mailed to thousands of people, according to a High Court claim. Jupiter, ...

  • US lawyers seek global PI network

    13-Sep-1999

    The American Trial Lawyers Association is setting up a committee to promote international links between personal injury organisations.John Pickering, head of personal injury at Irwin Mitchell, will head the committee with Martin Blake, of San Francisco personal injury firm Baum & Blake.Pickering says: "The committee is about establishing communication on the emerging international scene."Chair of the Association of Personal Injury Lawyers Ian Walker ...

  • Weil Gotshal & Manges advises on CDO

    13-Sep-1999

    Weil Gotshal & Manges has advised on the first wholly euro-denominated collateralised debt obligation (CDO).The US firm's London office worked with investment bank Morgan Stanley to structure Eurocredit, a holding company for assets of euro416.5m (£268.7m) of high-yield bonds, leveraged loans and mezzanine debt. Weil Gotshal capital markets partner Erica Handling ...

  • Wilde Sapte to lose Barings case to CC

    13-Sep-1999

    Wilde Sapte is set to lose Deloitte & Touche and remaining fees from the Barings case when litigation partner Philip Rocher goes to Clifford Chance at the start of the next year.Rocher's main client Deloitte & Touche is a defendant in the £1bn Barings case.The case is set for 2001 at London's High Court (The Lawyer, 6 September).Head of litigation ...

  • Will the City catch a cold from the millennium bug?

    13-Sep-1999

    Last week Don Cruickshank, chairman of the Government's millennium bug-busting agency Action 2000, told the private sector to brace itself for year 2000 breakdowns in technology.Despite years of warnings and marketing campaigns, it seems that not everyone's computer systems are set to wake up ready for business on 1 January.What is more worrying for lawyers working in merger and acquisition, corporate, banking and commercial, is that big business worries ...

  • Will the Third World open to business?

    13-Sep-1999

    Kees Jan Kuilwijk, senior associate, Herbert SmithTom McQuail, partner, Lovell White DurrantKonstantinos Adamontopolous, head of european law, Hammond SuddardsCity lawyers are looking forward to the World Trade Organisation (WTO) ministerial talks, where governments will thrash out the agenda for the liberalisation of financial services in the Third World.The talks will take place in Seattle in November ...

  • Wragges offers export clients finance advice

    13-Sep-1999

    Wragge & Co is entering what it claims is a "unique cooperative arrangement" with a firm of consultants to provide a one-stop shop offering advice on international trade finance.Independent consultant Ian Crean, who runs consultancy firm ITC Trade Finance, is to work part-time at the Birmighnam-based firm, offering specialist advice on arranging finance for clients who are in the export trade.