14 January 2008
Ashurst boosts management committee" /Ashurst has bolstered its management committee, promoting litigation partner Ben Tidswell and corporate partner Reinhard Eyring.
It's only halfway through January and it's already clear that the big action this year is going to be in contentious work. The Lawyer's annual pick of the top cases of the year (see story) is usually a must-read for litigators, but anyone with an interest in what will be making it into the business pages this year should read our preview.
Allen & Overy (A&O) has raided Shearman & Sterling for its global co-head of M&A.
Guess which firm is the latest to break cover and start making sabre-rattling noises about its New York growth plans?
Ashurst's London managing partner of corporate Roger Finbow has announced that he will retire in May 2009.
Australian firm Slater & Gordon has made its sixth acquisition since becoming the world's first law firm to float on a stock exchange.
Domino's Pizza has appointed AutoNation deputy legal chief Ken Rollin as its new general counsel.
Human Rights specialist Bindman & Partners has hired barrister Neil McInnes from DLA Piper. McInnes, who is a specialist in serious fraud matters, will join Bindmans as an employed barrister later this month.
Berwin Leighton Paisner (BLP) real estate partner Vinay Veneik has resigned amid allegations he concealed mistakes he made on transactions.
US firm Brown Rudnick has hired the head of Addleshaw Goddard's corporate restructuring and insolvency group for its London office.
Bristol firm Burges Salmon has appointed Clive Pugh as partner in its pensions team.
The redundancies of 35 Cadwalader Wickersham & Taft US associates, announced last Thursday (10 Janaury), were triggered by extensive due diligence carried out by the firm with clients into the state of the real estate finance market.
Clifford Chance has scored a coup with the hire of the European Commission's top legal official.
Clifford Chance claims win in Wembley roof row" /Clifford Chance has won a partial Court of Appeal victory for Australian construction company Multiplex in the ongoing Wembley Stadium saga.
Clifford Chance makes post-Bloxham pensions overhaul" /Clifford Chance has voted through amendments to its pension package so all references to age are removed.
Clyde & Co's US insurance and reinsurance chief Michael Knoerzer has declared that expansion in the US is an urgent priority for the firm, which has hired a partner to boost its transatlantic presence.
CMS Derks Star Busmann, the Dutch constituent of the CMS network, has revamped its management board after its chairman and financial director announced they are stepping down.
Conyers Dill & Pearman will push expansion plans in 2008 by becoming the first offshore firm to open a Moscow office.
The Lawyer Hot 100 (7 January) stated that Olswang made 10 lawyers redundant from its real estate department. In fact Olswang made 10 staff redundant, five of whom were lawyers.
The Crown Estate is set to create its first-ever energy panel, a move that will give firms the opportunity to cash in on the Government's groundbreaking renewable energy projects.
What was your worst experience as a trainee?Losing a banker's draft for a quarter of a million pounds (thank you for your understanding John Cohen).
DMH Stallard has swallowed up London-based company commercial firm Courts & Co as the South East's firms continue to consolidate.
Denton Wilde Sapte (DWS) has promoted 22 to senior associate status across its global network.
Lincoln's Inn-based Edwin Coe has taken on three non-equity partners to bring its other practice areas up to the strength of its traditional areas of insolvency and litigation.
Eversheds has won yet another Tyco-style coup, scoring the sole adviser role for US sign manufacturer Brady's Europe, Middle East and Africa (Emea) operations.
Field Fisher Waterhouse's (FFW) burgeoning real estate practice has won an instruction on a key transaction in the Midlands.
EMW Law has consolidated its four offices into one Milton Keynes location, from where it will attack London in a pincer movement.
Foot Anstey has advised regeneration company Sutton Harbour Group on its successful bid to regenerate Osprey Quay in Portland in the South West.
Francis Taylor Building (FTB), formerly 2 Harcourt Buildings, has bagged 4-5 Gray's Inn Square's Richard Humphreys QC.
Freshfields Bruckhaus Deringer will parachute its former London head of finance into the Middle East as part of a renewed focus on the region.
Texas-based firm Fulbright & Jaworski has ramped up its Middle Eastern capabilities with the hire of one partner and the reassignment of another into its Dubai office.
GIDE Loyrette Nouel, France's largest independent firm, has made up four partners in its international network in Algiers, Beijing, Belgrade and Kiev.
A&L Goodbody and Dundas & Wilson have scooped key roles in two back-to-back renewable energy acquisitions by FTSE 100 client Scottish and Southern Energy (SSE).
Despite its small size, Yorkshire-based firm Gordons offers promising career prospects to those living in or looking to move to the region.
Halliwells has hired another partner from DLA Piper as it continues an ongoing assault on its larger rival.
Hammonds and its former partners finally go into battle in a £3m profit dispute at their first case management conference on Friday 18 January.
Hammonds has advised consumer electronics business Alba in two recent sell-offs, including a 50 per cent stake in Grundig Multimedia.
Hammonds managing partner Peter Crossley has vowed that his re-election will see the implementation of his 'one firm' strategy.
Hammonds pensions team has won a new instruction from engineering company IMI, adding to a wave of high-profile instructions for the practice group.
The must-read for litigators: last year was busy, but with plenty of loose ends to tie up and new battles on the horizon, 2008 should prove to be a knockout
Hogan & Hartson has snared Skadden Arps Slate Meagher & Flom's French tax head as a partner in its tax group.
In order to modernise Hong Kong’s company law, a new Companies Bill is planned for consultation in mid-2009.
In-house counsel have once again expressed dismay at the "hugely inflated" rates charged by their external lawyers (The Lawyer, 19 November 2007).
Insolvency practitioners have started rubbing their hands with glee now that the credit crunch has seemingly started to bite. As yet there has not been a dramatic economic downturn in the UK and the global economy - although teetering on the brink - is still holding its own.
Don't be fooled - the present economic climate in the UK is merely the calm before the storm. Patricia Godfrey reports on the tough times ahead
Insolvency and fraud often go hand-in-hand and bring up subsequent investigatory hurdles. This is where the Insolvency Act's Section 236 orders come into their own. By Philip Marshall
Can Chapter 11 ever be the more attractive option? The Pension Protection Fund's levy on defined pension schemes may go some way towards making this a reality. Carolyn Swain reports
Coaching is becoming increasingly popular in law firms, with lawyers opting for one-to-one sessions that focus on their specific needs rather than the 'sheep dip' approach of training courses.
Regional firm DWF should certainly win an award for the most cringeworthy ad ever published for its latest piece of marketing.
What do Coventry FC and a litigation funder have in common? Not much, other than they are both benefiting from the largesse of a hedge fund with an eye for canny investments, Sisu Capital.
2007 was the European Year of Equal Opportunities for All. According to the European Commission, the aim was "to make people more aware of their rights to enjoy equal treatment and a life free of discrimination".
Nottingham Law at Kaplan Law School's Legal Practice Course (LPC) has won top marks across the board from the Law Society.
Lester Aldridge brings in four" /South coast firm Lester Aldridge has hired four new lawyers, including a partner.
DLA Piper has promoted litigation lawyers Miriam Gonzalez and Tom Canning, who both feature in this year's The Lawyer Hot 100, to its partnership.
McDermott Will & Emery has hired Lovells corporate icon Hugh Nineham to become its European and London corporate head.
Hugh Nineham's name has been synonymous with Lovells' corporate practice since, as its head, he was credited with masterminding its resurgence at the turn of the century.
Mayer Brown has bagged a senior official from the European Commission's competition arm, the second firm to tap the Commission in the space of a week.
Sick miners and their families are losing out on compensation they are entitled to because of administrative failures, according to a critical report by Legal Services Complaints Commissioner Zahida Manzoor.
It seems the US work ethic was alive and well during the Christmas break. Not for US firms the luxury of a fortnight off work where the toughest decision to be made concerns which flavour of Quality Street to plump for.
Times may have changed since Tulkinghorn's own first job - washing gin bottles in a workhouse during the glorious reign of HRH Victoria - but it is still hard graft as an Eversheds trainee. The long hours, the due diligence, the dressing up as a choirboy to sing '90s boy band hits.
Eight French lawyers have left their firms to set up a corporate boutique called Redlink, creating a new contender in the crowded Paris legal market.
The NHS is facing a landmark test case that could pave the way for more than 800,000 equal pay claims, which will run parallel to recent high-profile claims against local authorities.
The Office of Fair Trading's (OFT) High Court test case about "unfair" bank overdraft charges has got underway.
Olswang has made a major long-term investment in its telecoms practice with the hire of ex-Mayer Brown partner Rob Bratby.
Olswang has appointed Gerald Montagu from Sidley Austin as a partner in the tax team as part of an expansion drive that includes bringing in three new associates.
Bristol firm Osborne Clarke will advise Barratt Homes on the construction of the country's first eco-village after helping it win the Government contract.
Pannone has launched a new management structure, with sweeping changes that will see Joy Kingsley step down from the managing partner role after 14 years and the establishment of the first board in more than a decade.
Dickinson Dees' York office has hired Steven Berry as a retail property specialist in its commercial property department from Andrew M Jackson, where he was a salaried partner.
Pillsbury Winthrop Shaw Pittman is gearing up to follow last week's posting of solid 2007 financial results with an all-out assault on the UK market.
Pinsent Masons in Birmingham has scooped a partner and an associate from its regional rivals in a bid to build up its construction team to deal with an increase in work in the sector.
Pinsent Masons is the most gay-friendly law firm in the UK, a survey by gay rights group Stonewall has found.
Clifford Chance senior partner Stuart Popham is accompanying prime minister Gordon Brown on his current trip to India and China as the only representative of the legal profession.
Popham and the PM18-Jan-2008Let us just take a moment to applaud Stuart Popham, the delightful senior partner of Clifford Chance.
The private equity and investment gangs better look at the small print of the Legal Services Act if they're thinking of partnering with law firms.
Reed Smith tips 2008 to be bumper year" /Reed Smith chairman and managing partner Greg Jordan predicted that the firm would break the $1bn (£510m) turnover barrier and add another 10 per cent to average profit per equity partner (PEP) in 2008.
Ernst & Young Abogados in Spain has broken through the e50m (£37.3m) mark for the first time, posting a 14.2 per cent revenue hike.
Salans has boosted its presence in Turkey by swallowing up two smaller local legal outfits.
Salans is set to launch an arbitration practice in London on Thursday (17 January).
Salans is set to double its average profit per equity partner to more than £850,000 after a record year in which revenue rose by more than a third.
Service provider Sodexho has overhauled its legal function in the past few years to cope with the challenges of a diverse business.
What are the qualities that make a successful managing partner? Or an OBE-bagging business supremo steering a firm with national ambitions? Well, an affable and reassuring manner must be pretty high on the list.
Most lawyers expect to have acknowledgments in legal textbooks, but not so for Linklaters' corporate partner Roger Barron.
SJ Berwin has advised long-standing client British Land on the exchange and sale of the Clifton Moor Industrial Estate for £33m.
Slaughter and May is facing a wholesale change of leadership as head of corporate Chris Saul is elected as senior partner.
The China legal services market has entered an important new stage.
Instructing the ‘right’ expert is often no easy task. Whilst guidance has been provided to those instructing experts, there remain a myriad of practical problems for practitioners.
As must be obvious by now, Tulkinghorn's spies are everywhere. Including the Stock Exchange Dramatic and Opera Society, known to insiders as Sedos.
The retirement of BP's legal chief Peter Bevan highlights a generational shift taking place behind coveted corporate legal budgets.
Former Bar Council chair Geoffrey Vos QC has taken over from Oliver Letwin MP as the chair of a charity for students from less privileged backgrounds wanting to enter professions including law.
There's lots of talk about cultural diversity in the law, so three cheers for the Courts Service, which this week announced that Welsh speakers will be encouraged to use their mother tongue in magistrates' courts.
Newcastle-based Ward Hadaway has hired an Eversheds corporate partner.
Commercial and chancery set Wilberforce Chambers has raided XXIV Old Buildings for the second time in two months.