Fladgate restructuring chief Rupert Connell is to leave the firm to join Barlow Lyde and Gilbert (BLG). Connell has headed Fladgate’s corporate restructuring team since 2000 after joining the firm from Hobson Audley Hopkins & Wood (now Faegre & Benson). He will join BLG’s corporate team as a partner working under head of the restructuring […]
American lawyers are weeping into their beers this week over the fate of iconic US beer, Budweiser. Coming at the same time as the sale of the Chrysler Building to – shock, horror – Arabs, the US’s dirt cheap assets appear to be in danger of disappearing entirely. As one New York partner involved in […]
Newcastle’s largest firm Dickinson Dees has announced growth in the turnover of its core business but its volume business, which is primarily property-based, has been hit by the downturn. The firm’s profits, which have not been finalised yet, are expected to be hit by the decline of the volume business this year. Excluding the volume […]
DWF is to launch a niche insurance practice in London, with the hire of two partners from Davies Lavery, following that firm’s merger with Kennedys. The firm has brought on catastrophic injury partners Graham Dickinson and Claire Bowler in a move to expand out of its northern origins. DWF managing partner Andrew Leaitherland said that […]
Well you have to hand it to LG’s managing partner Hugh Maule. Top of the PEPs Revenue PEP Table Well you have to hand it to LG’s managing partner Hugh Maule. When commenting on his firm’s results (PEP down by 3 per cent, revenue up by just 2 per cent) Maule laid his cards on […]
Howard Kennedy is to commence a firm wide strategic review which could lead to 50 jobs, including 20 fee-earners, being cut. It comes a week after the firm parted company with its six-partner media practice, with three partners, Susan Aslan, Sue Charles and Hakan Kousetta, quitting the firm to launch a media boutique, Aslan Charles […]
Allen & Overy has snared a Cadwalader Wickersham & Taft financial regulation lawyer to bolster its New York office. The UK-headquartered firm announced today (Thursday 19 June) that Doug Landy is to join the magic circle firm as a partner in the banking practice. Landy was previously special counsel at Cadwalader. Allen & Overy head […]
Two former Bear Stearns fund managers were arrested earlier today (Thursday 19 June) for securities fraud. Hedge fund managers Ralph Cioffi and Matthew Tanin were arrested after investors and creditors of two Bear funds lost $1.6bn (£820m) when the funds imploded in June 2007. Cioffi and Tanin could be charged with securities fraud after they […]
The Lion, the Witch and the trademark 19th-June-2008And then, in the land of eternal winter, Aslan appeared and illuminated everything before him in golden hues.
The Health and Safety Executive has estimated that 13.8 million working days are lost due to work related stress each year with an annual cost to employers of £13 billion. Many more working days are lost to other mental health illnesses. Statistics like these prompted the government to announce recently that it would spend £5 […]
The Scottish father who owns the narnia.mobi domain name insists that it was a present for his 11-year-old son despite the fact that he owns 78 other domain names. The Scottish father who owns the narnia.mobi domain name disputed by the CS Lewis estate has claimed that he isn’t making any money from it and […]
Herbert Smith has become the second firm in recent weeks to renege on its decision to freeze junior lawyer salaries. The top ten City law firm announced today (19 June) that it will be hiking first year trainee solicitor pay by 4 per cent from £36,000 to £37,500 with effect from 1 September. Meanwhile, second […]