16 April 2001
The frenzied merger activity that has taken place in the global legal market over the past few years has led to a series of link-ups between the major international firms and local law firms, and as a consequence, managing integration has become a critical skill.
Brobeck Hale and Dorr sparks US assault on regional law firmsUS firm Brobeck Hale and Dorr took three top partners from Morgan Cole to set up an Oxford office.Corporate partners Joe Pillman, Jonathan Loake and Kate Eavis, the mainstay of Morgan Cole's Thames Valley corporate practice, left to join the first US firm in the UK to establish an office outside ...
South East firm Argles Stoneham Burstows has created a chief executive role which will be taken up by the former head of Alsop Wilkinson.
Baker & McKenzie has strengthened its German offices with the appointment of a tax partner and an M&A partner.
Insurance firm Berrymans Lace Mawer is set to merge with Bristol-based firm Cartwrights.
Bird & Bird has advised Patientline on its £104m initial public offering (IPO) on AIM.
E-business to the Power of 12 by Thomas Power, published by Pearson Education (ISBN 0273650211)It is somewhat ironic that Pearson and its flagship site FT.com have just begun the long and painful process of retrenching. After Pearson's last set of results, the company announced it was halving its internet investment, and more recently FT.com announced staff cuts.It is ironic because the company churns out e-business books proclaiming ...
Gordon Dadds was established in 1921 by Tim Gordon after his World War I service and was subsequently joined by Howard Dadds. The firm's reputation rests primarily on its family law practice, but aims to offer a one-stop shop covering private client, litigation, commercial and property.The firm is no stranger to change - in the last six years it has encompassed company commercial partnership Jepson Goff and attracted three family law partners, Kathryn ...
US firm Bryan Cave is taking on the head of commercial litigation from Sinclair Roche & Temperley to launch its UK contentious law practice.
International tax practice Bureau Francis Lefebvre is losing a partner in the first of several expected departures after its merger with City firm CMS Cameron McKenna.
The Canadian Bar Association (CBA) has done a u-turn on its policy on multidisciplinary practices (MDPs). Instead of accepting them wholeheartedly, it will accept them only if lawyers are in control.
Ashurst Morris Crisp's property group is keeping Simon Cookson as its head for a further three years, after his tenure expires this spring.
Kobe Steel and its subsidiary Kobelco Construction Machinery sets up global alliance with CNH Global. Kobe Steel advised by Cleary Gottlieb Steen & Hamilton (Andrew Curran). CNH Global advised in-house.Dow UK, a wholly-owned subsidiary of the Dow Chemical Company, makes £305m cash offer for speciality chemicals supplier Ascot. Dow UK advised by
Garretts' head of property Keith Barnett is working hard to consolidate a growing relationship with London & Regional, the private property company run by entrepreneurs Ian and Richard Livingstone. The UK member firm of Andersen Legal started acting for London & Regional 18 months ago when it was instructed to advise on the refurbishment of Stratford-upon-Avon town centre. Other instructions since then have included the development at 68 King William Street, which will become the City's ...
After last week's tales of poor banking lawyers being lumbered with drunken au pairs, Tulkinghorn has been informed that, in fact, property law is where the real rough stuff takes place.Conveyancing, it transpires, is a much tougher world than Tulkinghorn had previously imagined. Take Tom Barth, a partner at Cumberland Ellis Peirs solicitors. Mr Barth has written a little "backward glance prior to retirement" following his 40 ...
IT investment is not a one-off. For medium-sized City firms like Lawrence Graham, where the IT budget is about 5 per cent of turnover, it is a constant battle to keep up.Head of IT Allan Bower says: "In terms of the future we have to keep updated to maintain compatibility. Old systems are not supported once the new system is out and there is pressure on suppliers to make ...
Denton Wilde Sapte has announced the formation of a new intellectual property (IP) group.
North East firm Dickinson Dees has taken on a forensic accountant from accountancy practice Deloitte & Touche.
R Griggs Group, the company which makes the Dr Martens brand, has appointed William Johnson from Abbey National as group lawyer and company secretary. The hire comes as part of an internal restructure.
Freshfields Bruckhaus Deringer is overhauling its Thailand management only months after Ruth Markland took over as head of the region.
Tulkinghorn would like to thank Jean Marc Lamontagne-De-Freiz (crazy name, crazy guy) of Field Fisher Waterhouse for his comments on The Lawyer's lifestyle survey. It seems that Lamontagne-De-Freiz takes issue with the fact that the findings were announced at an evening seminar in London on 6 April, presented by
Sheffield-based immigration law specialist Howells is expanding, following a deal in which the firm is taking over both the specialist staff and caseload from rival Taylor & Emmet.
Irwin Mitchell is looking at the possibility of judicially reviewing the Lord Chancellor for his failure to set a discount rate in personal injury (PI) cases, which solicitors claim is leaving PI victims short of millions of pounds.
This is the first time that a local authority has sought equity participation in an education PFI project. Supported by Partnerships UK, the former PFI Treasury Taskforce, the pilot sees Kirklees holding 30 per cent of the total equity stake of more than £500,000 and taking a seat on the project company's board. Kirklees will take a share of the profit if the project succeeds, but will lose its equity stake if the project fails to perform. The other shareholders are Jarvis and Barclays ...
The Law Society is calling on the bar associations of New York to support it in a bid to relax the rules for UK lawyers trying to requalify to practise there.
Monckton Chambers' director Alexandrina le Clezio is due to quit in June to join Ernst & Young (E&Y) International. Despite facing the setback of Monckton's failed merger with 4-5 Gray's Inn Square, le Clezio says that during her time at the set it has had record profits, with a 30 per cent increase in 2000 on the previous year, and this year has exceeded fee targets.
South Coast firm Lester Aldridge is continuing its expansion with the hire of Pardoes' head of commercial.
Organisation: awg plcSector: Water and asset managementFTSE 250 ranking: 30Market capitalisation: £1.6bnEmployees: 4,000 in the UK and a total of 10,000 worldwideLegal capability: 11 solicitors and 10 support staffHead of legal: Patrick FirthReporting to: Group finance director Elliott MannisMain location for lawyers: HuntingdonMain law firms: Herbert Smith,
Peter Wallace has moved to London to improce cooperation between Morgan Lewis' European offices. But will he be so happy when the sun stops shining?
Australian firm Minter Ellison is reorganising its management for a massive expansion drive.
San Francisco firm Morrison & Foerster (MoFo) is taking the unusual step of abandoning its traditional banded pay system for associates.
After testing the water in the UK, Capital One is expanding into Europe. Brendan Malkin meets Nick Carter, the man charhed with overseeing the move and building up the in-house team.
Guernsey has just become one of the first jurisdictions to enact regulatory legislation for fiduciary business with the draft Regulation of Fiduciaries, Administration Businesses and Company Directors (Bailiwick of Guernsey) Law 2001, which came into force on 1 April. The principal object is to procure the supervision and licensing by the Guernsey Financial Services Commission (GFSC) of the 200 or so fiduciary service providers operating by way of business within the bailiwick ...
Bevan Ashford's Cardiff partners are in the final stages of negotiations for a management buyout (MBO) of the office to save it from closure.
HSBC's use of long-term adviser Norton Rose, led by Peter Thorne, comes as no surprise, but Railtrack's instruction of Clifford Chance is a real coup for the firm. It is understood that Clifford Chance won the work last year in a competitive pitch where it came up against Railtrack's preferred long-term ...
The Crown Estate sells the 150,000sq ft St George's Court Scheme on New Oxford Street, London WC1, to London & Regional Properties. London & Regional advised by Garretts (Keith Barnett). The Crown Estate advised by SJ Berwin (Bryan Pickup). Ministry of Defence advised by Davitt Jones Bould (Tony Prior).
New York firm LeBoeuf Lamb Greene & MacRae is taking on a team of partners from Salans Hertzfeld & Heilbronn to ramp up its emerging companies practice.
Robert Palache, the former head of finance at Clifford Chance, has quit his post as joint head of the securitisation team at Nomura.
New York firm Shearman & Sterling has elected M&A partner David Heleniak as its new senior partner, as predicted in The Lawyer (2 April).
Simmons & Simmons is advising IndigoSquare, the joint venture between Barclays and Nomura International, on its acquisition of ShopSmart.com.
Troubled retailer Marks & Spencer is believed to have brought in Simmons & Simmons to oversee its defence after a Paris court ruled that the company had violated national labour laws.
Devon and Cornwall firm Stephens & Scown has launched a new corporate-style management board to run the firm.
Paris pushed before it can jump; Latham & Watkins interested in only French, German and UK offices
Funny things, telecoms companies. Sitting at the forefront of the IT revolution, they are as new economy as they come. But despite all their newfangled technology and snappy marketing speak, these are industrial giants. Vodafone/Mannesmann, the Orange flotation, British Telecommunications (BT), NTL - the list of big acquisitive names goes on and on.But in the same way as others in the technology, media and telecoms sector, they are ...
Chrysalis Books, a subsidiary of the Chrysalis Group, announces unconditional recommended takeover of AIM-listed C&B Publishing at 20 pence per share. Chrysalis Books advised by Harbottle & Lewis (Mark Bertram). C&B Publishing advised by McGrigor Donald.
After years of being told that there was gold in them there pixels and that, if you truly believed, business salvation could be yours, Sunday night has become Monday morning. The cold light of day has shown that things are pretty much as they were before. You still have to go to work; you still have to do mundane things when you get there; and the internet hasn't made you millions as you've slept.The 'E-Business 2001' report, by a ...
Clifford Chance might be the biggest, brashest and brightest law firm in the world right now, but it wasn't always that way. And here's the picture to prove it (below). While trawling through The Lawyer's picture library, Tulkinghorn came across a motley crew of youngish lawyers, several of whom are now at the forefront of Clifford Chance's drive for world ...
Here's a question for UK managing partners: are US lawyers better at negotiating European mergers than the Brits? Paris has virtually turned into Wall Street-sur-Seine. Latham & Watkins' opportunism in swallowing the Hamburg office of Gaedertz is being echoed in its current talks with the Paris office of Stibbe.Unfortunately for those of us who prefer to see a little legal ...
Workload and staff numbers at Eversheds' Cambridge office have increased so much since the firm's arrival in November 1998 that it has outgrown its current offices. By January 2002, Eversheds plans to move its 30 Cambridge lawyers and support staff closer to the city centre, and by next April it aims to have doubled the number of its Cambridge staff.Untapped markets, new clients ...
Last week's Observer Sport Monthly contained one highly important piece of nostalgia for two of the UK's top City lawyers. Remember that day in March 1978 when, during the 124th Oxford/ Cambridge boat race, the Cambridge boat sank?"We felt we handled bad conditions well and didn't need to alter our boat," Cambridge president Mark Horton told Observer Sport Monthly. And where is Mark Horton now? He is a corporate, commercial and ...