15 November 2004
The proposed Supreme Court could cost as much as £7m per year to run, it was revealed this morning (November 16).
New and ongoing investments mean Abingworth’s sole in-house counsel makes good use of external advisers. By Husnara Begum
Arnold & Porter has recruited the former acting inspector general at the US Department of Health and Human Services (DHHS).
Berwin Leighton Paisner (BLP) has displaced Ashurst on the multi-million pound restructuring of US bus and coach maker Henlys, it has emerged.
Baker & McKenzie (B&M) has elected Laurent Epstein as the firm’s new Paris managing partner. Epstein replaces Eric Lasry in the top French role, following Lasry’s election to B&M’s global executive committee last month. Fellow partner Denise Broussal has been elected as co-manager and will be responsible for representing Paris on B&M’s internal international committees. Epstein has been a partner ...
Baker & McKenzie’s (B&M) German practice has lost six t partners to US rivals, including finance head Rainer Magold.
Beachcroft Wansbroughs senior partner Lord Hunt of Wirral is taking on a new role as chair of the Chartered Insurance Institute’s (CII) professional standards board. Hunt will be in charge of the launch of the CII’s new code of ethics and conduct, which is being designed to give a code of conduct for institute members and the industry as a whole. The institute is a professional organisation for those working in the financial services and insurance industries.
Bircham Dyson Bell is no longer just a law firm – it is also a public relations agency.
Former European Court of Justice (ECJ) judge Sir David Edward QC has joined Blackstone Chambers as a full-time tenant. He will focus solely on arbitration, bolstering the set’s growing alternative dispute resolution expertise. In 2002, Blackstone tenant and former head Presiley Baxendale QC became a full-time mediator. Edward served as an ECJ judge from 1992-2004, following four years as a judge in the Court of First Instance of the European Community.
Berwin Leighton Paisner (BLP) is reviewing the business and technology processes used by its real estate practice with a view to eliminating the need for a ‘Mexican Wave’ style of outsourcing.
Leading Guernsey firm Ozannes has played a crucial role in paving the way for client BNP Paribas to launch the first pension hedge.
BP is demanding access to key billing and financial information held by its external lawyers as part of a global review of the energy giant’s global technology requirements.
A team of lawyers led by Richard Gordon QC of Brick Court Chambers is planning to make a third-party intervention on a pro bono basis into a Court of Appeal case concerning immigration detainees. Gordon will be appearing on behalf of refugee groups that have concerns over the rights of children detained in holding camps in the UK before their asylum applications are considered.
Is world domination going to their heads? Recently a DLA partner, his head perhaps full of the knowledge that he may soon be one of the chosen few at a global giant, his belly perhaps full of intoxicating liquor, hailed a taxi to return him to his palatial home.
Starting salaries for new MBAs rose 9 per cent last year to $82,000 (£44,200), according to research from QS Research, the organiser of an annual survey of MBA salaries among the world’s top recruiters. Further increases in 2005 and 2006 are expected, according to Nunzio Quacquarelli, QS managing director. “All indicators suggest that 2004 is the starting point of another upswing in the MBA hiring cycle,” he adds. This year the survey had responses from more than 300 leading international ...
Leeds firm Zermansky & Partners has continued expanding its commercial department with the hire of 26-year-old Clare Maddock, who qualified earlier this year at Towells in Wakefield. She will specialise in wills and probate. Her appointment closely follows two others within commercial and brings the group’s fee-earner count to 12, five of whom are partners.
Cambridge Antibody Technology’s (CAT) general counsel has welcomed a Government-commissioned document on whether the UK’s existing rules on pre-emption rights hinder certain public companies.
Clifford Chance’s Italian practice is strengthening its corporate department with the hire of Fiat’s general counsel, Luciano Soldi as an Of Counsel.
Cobbetts has won a unique role as the preferred legal supplier to four northern councils.
The European Commission has launched a public consultation exercise on plans to create an EU watchdog, ensuring that all significant legal rights available to EU citizens are respected. The Fundamental Rights Agency would replace the Vienna-based EU Monitoring Centre on Racism and Xenophobia. EU government heads have already approved the idea in principle, but decisions need to be made on the work it would carry out. Brussels wants to ask legal experts about its possible powers: whether ...
Coudert was delighted to snare top Frankfurt firm Schürmann five years ago. But then everyone started leaving. Is this a case study in how not to merge in Germany? By Jörn Poppelbaum
Allen & Overy (A&O) is taking up the fight for hunting on behalf of the Countryside Alliance,The Lawyer can reveal.
The Law Society is mulling over the extension of the sixteen hours required to meet one’s CPD quota. By Suzanne Fine
Motor giant’s legal chief blasts City service; Herbert Smith, Richards Butler dumped for regional firms
Simmons & Simmons' head of financial markets Mark Dawkins is to replace David Dickinson as managing partner of the firm.
Dechert closes in on Times Square" /Dechert is close to reaching the end of its protracted search for new premises after agreeing heads of terms on new office space.Managing partner Steven Fogel confirmed that the firm was negotiating the terms of a lease on premises at Times Square on Queen Victoria Street after ...
DLA has bolstered its Italian corporate and M&A practice with the appointment of private equity specialist Davide Proverbio as a partner.
DLA has hired three junior partners and a managing associate from Linklaters’s Cologne office.
Andrew Hall QC (left) of Doughty Street Chambers has scooped this year’s Bar Pro Bono Award. Hall has spearheaded a drive to promote legal training and develop resources in Eastern and Central Africa, coordinating the efforts of the Bar Council, the British Council and the Foreign & Commonwealth Office. The initiative has brought legal books to countries such as Botswana, Malawi, Tanzania and Uganda.First revealed on www.thelawyer.com 8 November
Four candidates have emerged to replace Virginia Glastonbury as Denton Wilde Sapte’s chief executive.
THE EU Council of Ministers has created a new judicial body which will hear disputes between the EU’s institutions, its officials and other staff.
White & Case has launched an internal assessment of its partner compensation structure amid frustration from some European partners that the current scheme unfairly favours the US operation.
Clifford Chance advised MBNA Europe Bank in structuring and executing the first reverse enquiry-driven trade through a newly-established delinked securitisation platform. The issue was a single class of £250m ‘Class A’ floating rate notes. Securitisation partner Debashis Dey led the team, which included assistant Martin Wong and tax partners Stephen Shea and Etienne Wong.
Finers Stephens Innocent’s AIM practice enjoyed a bumper October after scooping two new broker clients and advising on eight flotations.
Last Monday (8 November) the number of partners in the corporate finance team at London’s Marriott Harrison grew to seven. For a 13-partner firm (eight of which are full equity), that is some critical mass.
Forsters has bolstered its public sector practice with two major client wins following referrals from surveyors.
The Financial Services Authority (FSA) has appointed rated Clifford Chance investment funds partner Tim Herrington as the chairman of its Regulatory Decisions Committee.
Elections for the Paris Bar Council take place next week, with an unprecedented number of representatives from international firms.
Miami law firm Greenberg Traurig has advanced its push into Europe after securing an instruction from IT giant Getronics on its bid for Dutch competitor PinkRoccade.
North West firm Halliwells is breaking into Liverpool through a merger with Cuff Roberts.
The Government’s White Paper on defeating organised crime gives more power to prosecutors. Does it go too far? By Tim Owen QC and Alex Bailin
North West firm Hill Dickinson has bagged a new partner for its industrial diseases team from insurance specialists Plexus Law.
An elite panel of specialist lawyers has been formed to trace stolen assets following the upturn in global fraud.
They say his position was compromised. He says they just didn’t want to change. Why did Anthony Armitage resign as vice-chair of the C&I Group to set up a rival organisation? By Jon Robins
ING Group’s UK legal chief has moved to allay law firm fears about accepting instructions against the major banks.
Kendall Freeman has bagged banking and finance partner Timothy Parsons from Barlow Lyde & Gilbert.
Latham & Watkins LLP is to promote 31 lawyers to its partnership in the largest partnership class in the firm's history.
The Law Society is facing the threat of a £1m fine after the Legal Services Complaints Commissioner (LSCC), Zahida Manzoor, called its plan for improving complaints handling inadequate.
LeBoeuf Lamb Greene & MacRae has scooped an IP partner from Hammonds. Head of Hammonds’ biotech/life sciences practices, Marija Danilunas is dual-qualified as a Canadian barrister and a solicitor in England. She left Hammonds in September and becomes the fourth partner lateral this year to arrive at LeBoeuf’s London office. First revealed on www.thelawyer.com 10 November
Everyone in my household is rehearsing for a nativity play. Except me – but then, I’m the wardrobe mistress.
Lewis Silkin fights Hutchison’s corner in O2 bubble ad dispute" /Lewis Silkin has won Hutchison 3G as a new client with an instruction for the litigation team on the high profile ‘bubbles’ dispute, referred by Hutchison 3G’s advertising agency.
CMS Cameron McKenna’s Belgian best friend CMS Lexcelis has secured a merger with Brussels corporate firm DeBacker that will double the Belgian presence in the CMS network.
Freeman for its leveraged finance team. The magic circle firm has been on a leveraged buyout (LBO) roll of late, all thanks to its merry band of laterals: Nick Syson from Wilde Sapte, Gideon Moore from DLA, Stephen Lucas from Clifford Chance and now Freeman from Lovells.
Linklaters has lost another corporate partner following the departure of Rupert Weber. Weber joins Maitland & Co’s corporate team as a director in London. He is the third corporate partner to leave the magic circle firm since it announced a reorganisation of its London corporate group (The Lawyer, 20 September). Weber played a leading role in the launch of Linklaters’ German practice and its merger with ...
The House of Lords last week turned back the clock in the application of legal advice privilege, as the long-awaited reasoning in the Three Rivers privilege case was handed down.
Martineau Johnson and Pinsents have won a competitive tender to secure the University of Plymouth as a new client.
West Midlands law firm Morton Fisher is to merge with Shropshire law firm to Gwynnes create a new combined entity, MFG Solicitors.
US firm fights it out with A&O, Shearman, White & Case for Gulf supremacy
A new report reveals an increase in the number of women and people from ethnic minorities appointed to the judiciary last year.
Nabarro Nathanson has closed its final salary pension scheme to future accruals in a bid to limit the firm’s future pensions liabilities.The scheme, which was closed to new entrants in July 2001, has now been closed to all future accruals after the firm identified that the scheme’s deficit was growing.
German law firm Nörr Stiefenhofer Lutz has beefed up its energy law practice with the appointment of the chairman of German energy providerRWE Westfalen-Weser-Ems AG to the firm.
There is no cure-all for the pensions crisis, but giving the employer control is a positive step
Penningtons has bolstered its immigration and property practices with the appointment of two new partners.
THE Association of British Insurers (ABI) and the NHS Litigation Authority (NHSLA) have distanced themselves from recommendations made in the latest edition of the tables used to calculate personal injury compensation.
Many fraud cases take too long to prosecute in a criminal court, forcing victims to take the civil route. Andrew Durant and Dan Morrison report on new measures to beat the thieves
The Lawyer’s scribes rushed off to the bookshop last Monday (8 November) to buy a copy of Lynne Truss’s Eats, Shoots & Leaves: The Zero Tolerance Approach to Punctuation, their heads hanging in shame. Why was this? Surely Tulkinghorn’s finest are the very paragons of grammatical virtue? But, as Truss delighted in pointing out, it’s incredible the difference an errant apostrophe can make.
Mention strategic planning to anyone at the Bar Council and you’re likely to be met with a confused, quizzical look.
The Paris office of German firm BRS Rödl & Partner is expanding its French presence by moving offices and hiring a former Allen & Overy (A&O) lawyer.
Last weekend saw the great and the good of the legal market head off to Rome for The Lawyer’s annual European In-House Summit. Once the serious work of the seminars had been done it was time to relax at a black tie dinner where, in the face of much groaning and even some heckling, Eversheds managing partner David Gray bravely regaled the crowd with an outpouring from his finely-tuned ...
Poor old Simmons & Simmons, the firm really is in the wars these days, what with partner de-equitisations and Robert Schon suing for anti-semitism.
Where to start? Four more years? The ‘war on terror’? Potatoes? As The Lawyer reported last week, “tucked away in the heart of London’s insurance hub is a niche firm with a global reach”. On the same day as that description of Robin Simon was published, the US head honcho was being returned to office for another rollercoaster ride of international powermongering. Coincidence? Tulkinghorn thinks not. Look at the glint in those eyes, the toothy, self-confident smile that only comes from ...
Sidley Austin Brown & Wood has appointed William Fifield as the managing partner of the firm’s Beijing, Hong Kong, Shanghai and Singapore offices.
SJ Berwin has displaced White & Case Advokat in the instruction of Swedish private equity fund manager Segulah on the fundraising for its third Nordic fund.
SJ Berwin has succeeded where Allen & Overy did not and won a landmark case on database rights before the European Court of Justice (ECJ).
Skadden Arps Slate Meagher & Flom has taken on the general counsel of French pharmaceutical company Sanofi-Synthelabo for its Paris office.
Slaughter and May has reshuffled its lifestyle committee following the departure of competition partner Laura Carstensen and the decision by the group’s informal chairperson Frances Murphy to step down. Murphy has been replaced by corporate partner David Wittmann, although she remains a member of the committee. Carstensen, who left last December for lifestyle reasons, has been replaced ...
Eversheds may not yet have found a way to break in to the very top echelons of law firm profitability, but it certainly knows how to lay on a good time.
Tulkinghorn has always suspected that those high-earning boys at Dickson Minto enjoyed giving the finger to the rest of the Scottish legal market, what with their ever-growing profits. But last week The Lawyer provided proof.
What was your first ever job? A holiday job as a data processor with IBM.
Trowers & Hamlins is advising new client Etihad Etisalat on its Saudi Arabian initial public offering (IPO), just weeks after completing the world’s largest Islamic financing to date on behalf of the telecoms consortium.
Will an American judge take UK administrators’ concerns into consideration? By Catrin Griffiths
United Biscuits’ (UB) head of commercial law Ian Haslegrave has quit the UK’s biggest biscuit manufacturer to join Viacom.
Several US law firms have instructed London letting agents to find them new premises in prime areas of the City, in a bid to upgrade their images and bolster recruitment capabilities.
Lawyers advising the shareholders and bondholders of defunct telecommunications giant WorldCom in their claims against Citigroup are celebrating a fee bonanza after a US judge last week awarded them $141.5m (£76.2m). The mammoth settlement, finalised on 5 November, sees Citigroup agreeing to pay $2.6bn (£1.4bn) to settle claims that its investment banking arm helped WorldCom conceal accounting fraud and inflate its stock price.
The Government has identified a multitude of criminal acts as fraudulent. What is lacking is the definition of a general offence of fraud. By Gerallt Owen