17 January 2005
Allen & Overy (A&O) has muscled in on longstanding Slaughter and May client Standard Chartered after the magic circle firm scooped an instruction to advise the bank on a major acquisition in Korea.
UK/Global turnover: £12.9m/£271m
Washington DC-based Arnold & Porter has bagged a team of six securities litigation lawyers from the DC office of Texas firm Fulbright & Jaworski.
Be careful when you’re slagging off lawyers, they might bite back. Even telling a joke can, it appears, get you into trouble. Last week two founders of a group called Americans for Legal Reform were arrested for telling lawyer jokes. And not even very good ones.
Baker & McKenzie (B&M) partner Stewart Saxe has been forced to resign from his position on the board of Canadian pharmaceutical company Draxis Health after B&M tightened its corporate governance rules.
UK/global turnover: £84m/£691m
Regulatory and policymaking functions part to deflect criticism of conflicts
As the BCCI liquidator’s case against the Bank of England rumbles on, a surprise settlement has been reached in its parallel case, BCCI’s massive claim against Bank of America.
UK/global turnover: £10.2m/£234m
UK/global turnover: £27m/£216m
Asset management company Cairn Capital has hired a senior lawyer from Banque AIG to lead its new legal team.
The demand for lawyers specialising in sector disciplines was high throughout 2004, according to the results of an annual salary survey conducted by recruitment specialist Robert Walters. Private practice departments including property, commercial litigation and corporate have seen growth, particularly over the last few months, while there has also been a steady rise in the demand for lawyers specialising in areas such as construction, banking, planning and employment law.
London firm Maples Teesdale has appointed David Stevens as a litigation partner. Stevens, formerly a senior solicitor at Norton Rose, will be specialising in commercial and property litigation and will head the litigation team.
Olswang trumpeted its first press release of the New Year with a rousing “Olswang news for 2005 has begun”.
Clifford Chance is hoping that its short-lived association with Brobeck Phleger & Harrison is finally over after a settlement was reached between the firm and former Brobeck partners.
The award for the shortest Christmas party goes to Lovells litigator Jon Holland. Having generously left his card behind the bar at a party, Holland was bemused, and possibly somewhat relieved, to find that the grand total of the tab was a stonking £5.60. That party must have been carnage.
UK/global turnover: £28.5m/£354m
The Law Society Council today (Thursday 20 January) agreed to establish separate regulation and complaints handling bodies.
Cobbetts has added to its commercial team with the lateral hire of a partner from German firm Busse & Miessen.
LSE tie-up with Deutsche Börse or Euronext hangs on which regulator’s lap it lands in. By Helen Power
Linklaters (Jeremy Parr, Gavin Robert) and Cleary Gottlieb Steen & Hamilton advised United Technologies on its recommenced offer for UK safety provider Kidde. Kidde advised by
UK/global turnover: £8.6m/£160m
Here’s one for any budding stars in legal market land.
UK/global turnover: £14.6m/£191m
UK/global turnover: £25.2m/£358m
Leading Dutch firm De Brauw Blackstone Westbroek has restructured its management function to bring it in line with common practice in the UK and US.
The shooting baton that was carried so successfully last week by Freshfields head honcho Hugh Crisp (he of the 212 grouse fame) was picked up this week by David Baylis, head of private equity at Norton Rose. Baylis’s excuse for his no-show at this Wednesday’s (19 January) stellar Hot 100 party is that he’s taking clients shooting in Betws-y-Coed. Where will this endemic poshness lead Tulkinghorn next?
UK/global turnover: £16.5m/£249m
UK/global turnover: £42.5m/£248m
UK/global turnover: £19.1m/£228m
DLA Piper Rudnick Gray Cary has opened a French securities practice with a lawyer from Herbert Smith. Anne Maréchal, previously an of counsel at Herbert Smith Paris, joins DLA Piper as a partner. She brings with her two associates. First revealed on www.thelawyer.com, 11 January
South-East firm DMH has secured a London merger, after signing a deal with 15-partner Stallard Solicitors.
Dutch firms face penalties for lawyers’ behaviour; bar to check service quality - Piet Hein Donner, Minister of Justice for the Netherlands
Property specialist David Earl has been elected as Wedlake Bell’s new senior partner.Earl replaces Robert Dolman, who is stepping down after 10 years in the role. Dolman, a private client partner, will return to fee earning. Although Earl’s primary focus will be his commercial property practice, he hopes to continue Wedlake Bell’s growth. The firm last year saw turnover grow to £16.6m from ...
The Government is facing calls for a public inquiry into chemical weapons tests carried out on soldiers at Porton Down during the 1950s. Jon Robins reports
The founding partners of media boutique New Media Law, Ian Penman and Paul Hosford, originally met at DLA (now DLA Piper Rudnick Gray Cary) before Hosford decamped to Steptoe & Johnson.
Ashurst has put an overseas partner on its management board for the first time.
General Electric (GE) Commercial Finance has completed its on-line auction in a bid to rationalise the company’s legal roster and slash its legal spend.
A gem of an anecdote reaches Tulkinghorn this week. No names, no pack drill, but rumour has it that, while at a client function, and heavily under the influence, a partner at a national firm interrupted a conversation between another partner and a director of a major bank, got annoyed about something for no reason, kicked the other partner in the groin, and stomped off.
Google and its general counsel David Drummond have reached a settlement with the Securities and Exchange Commission (SEC) over the company's failure to declare $80m in employee stock options prior to its 2004 initial public offering (IPO).
German firm seeks friendship, but nothing seriousAt the end of last year German firm Beiten Burkhardt ended a tug of love between Berwin Leighton Paisner (BLP) and Eversheds by choosing an informal network ...
UK/global turnover: £7.3m/£198m
Which litigator at a top 10 City firm won a new client at a beauty parade for an arbitration despite admitting he’d never done one before?
Simmons & Simmons won out over Nabarro Nathanson to advise HMV on its first major deal since completing its panel review in mid-2004.IT partner Michael Sinclair led the Simmons team advising the leading music retailer on its new music download contract with Microsoft.
As offshoring takes an ever firmer hold in the UK, Gilbert McClung examines new regulations that protect the vulnerable UK workforce
Regional firms often need City talent. Alex Van Hattum reveals the methodology behind getting it
Howrey Simon Arnold & White has merged with Houston litigation boutique Clements O’Neill Pierce Wilson & Fulkerson. Howrey’s Houston office has bagged 22 lawyers from Clements and now has 90 in total. Prior to the merger, Clements name partners Thomas Fulkerson and Michael Wilson split to form two-office litigation boutique Wilson Fulkerson. Partner Ralph Midkiff and an associate also declined Howrey, instead forming Zummo Mitchell & Midkiff. First revealed on www.thelawyer.com 13 January
Mitwa Bavisi has overcome some pretty tough obstacles as Union Railways’ legal counsel – not least the body of Mary Shelley’s mother. By Brendan Malkin
The Ius Laboris alliance is joining forces with manufacturers’ organisation EEF to provide overseas labour law advice. EEF members come from the manufacturing, engineering and technology sectors. It provides business services, including employment law and HR advice, for member companies. The agreement means EEF will refer overseas employment law advice to ius laboris to be dealt with by one of its 24 member firms. First revealed on www.thelawyer.com 11 January
UK/global turnover: £50m/£631m
Schroders Asset Management has ended its eight-month search for a head of legal for its products with the hire of Christian Cano from JPMorgan Fleming Asset Management.
North West firm Keoghs has boosted its corporate team with a hire from Clifford Chance.
UK/global turnover: £25m/£442m
Landmark Chambers has hired its first ever chief executive as a trio of chambers make new appointments to the role.
UK/global turnover: £50m/£630m
The search for lay members of the selection panel that will choose the first group of QCs to be appointed under the new scheme was launched last week.
The Law Society was last week accused of ambushing the legal profession with radical proposals to overhaul legal education.
Lawrence Graham wins Multiplex acquisition job" /Lawrence Graham has scored Multiplex as a new client as the Australian construction company prepares to launch its own in-house legal team in the UK.
UK/global turnover: £16.8m/£207m
Legal & General (L&G) is claiming to have scored a major victory in its high-profile case against the Financial Services Authority (FSA).
Decoding what lawyers say gives us endless hours of amusement. Sometimes it’s pretty obvious. A partner leaves, and you can bet that the managing partner will comment: “We wish him well.” Occasionally, they might add: “But our practice is thriving and will continue to be successful” – a comment that always speaks volumes about what’s lurking below the surface.
Linklaters has launched a Dutch specialist corporate department with the hiring of Allen & Overy partner Pieter Riemer.Riemer, who will join Linklaters’ Amsterdam office, has been a partner at A&O’s celebrated corporate department for four years.Richard Levy, Linklaters’ Amsterdam partner, said: "We have ...
Linklaters is close to agreeing to a formal arbitration of its festering dispute with the four ousted Germans who threatened to dissolve the firm.
The Attorney General, Lord Goldsmith QC, is set to lead the government’s defence of the ban on hunting.
UK/global turnover: £79m/£496m
UK/global turnover: £22m/£407m
Turnover: £41m (estimated to end September 2004)
UK/global turnover: £21m/£244m
UK/global turnover: £9.5m/£385m
Morgan Lewis & Bockius has plucked two outsourcing partners from the New York office of Washington DC’s Shaw Pittman, just as the latter enters due diligence on its merger with Pillsbury Winthrop.
Nabarro Nathanson has recruited corporate partner Graham Stedman from Salans. Graham joined Salans from Theodore Goddard, where he was head of corporate, two years ago. He joins Nabarros’ corporate team to focus on M&A work. Nabarros senior partner Simon Johnston said the appointment reconfirmed the firm’s intention to grow with strong senior lawyers. First revealed on www.thelawyer.com 10 January
Ashurst has chosen young corporate partner Frédéric Pinet to replace its outgoing Paris managing partner Christopher Crosthwaite.
National pub operator JD Wetherspoon has appointed Clare Eames to the position of legal director. Eames was previously a partner at the Hertford-based law firm McLellans, where she was responsible for the licensing and regulatory department.
Following November’s landmark European Court of Justice (ECJ) judgment, the British Horseracing Board (BHB) has ordered an urgent review of horseracing funding, with Olswang partner David Zeffman selected to the four-person panel.
The Freedom of Information Act: social revolution or most notable for its exemptions?
Orrick Herrington & Sutcliffe has opened an office in Taiwan to provide IP services to technology clients there. The office is named Orrick Foreign Legal Affairs Attorneys at Law and is Orrick’s second base in Asia after Tokyo. The firm is looking to expand further in Asia after doubling the size of its Tokyo operation in 2004. It has also been involved in Taiwanese securitisations ...
2004 saw Lord Hoffmann do a U-turn on his Improver patent yardstick. Will it make patent law any easier to interpret? By Stephen Jones
San Francisco-based Pillsbury Winthrop and Washington DC’s Shaw Pittman have entered merger discussions, which - if successful - would gatecrash the top 20 US firms.
Lord Justice Potter has been appointed as the new president of the High Court’s Family Division. He will replace the popular Dame Elizabeth Butler-Sloss in April. The position of deputy head of family justice and international family justice has gone to Lord Justice Thorpe. Lord Falconer, the Lord Chancellor, said the range of issues now dealt with by the division “require leadership of the highest calibre”. First revealed on www.thelawyer.com 12 January
Watch out, watch out, there’s a dodgy will-writer about. Last week, the Advertising Standards Authority (ASA) upheld a complaint made by the Institute of Professional Willwriters (IPW) about National Legal Services’ advert for will-writing services.
UK/global turnover: £17.2m/£269m
Regulators have barred Dutch giant Nauta Dutilh from hiring a non-lawyer to its management board.
Merger could create £300m-turnover international powerhouse as Proskauer seeks to add London to NY, Paris offerings
Muckle corporate partner joins Eversheds" /Eversheds has lured corporate partner Alan Fletcher (left) from Newcastle’s Robert Muckle. Fletcher is dual-qualified in Scottish and English law and qualified as a chartered ...
Charles Martin, head of Macfarlanes’ international practice group, is of course a transactional lawyer extraordinaire. In his exalted position he takes responsibility for coordinating the firm’s relationships with foreign law firms and many of its major private equity and corporate clients. ...
UK/global turnover: £53.4m/£445m
The London office of US firm Shearman & Sterling has secured a coup by beating Freshfields Bruckhaus Deringer to instructions ...
UK/global turnover: £36.8m/£565m
UK/global turnover: £17.3m/£352m
SJ Berwin is setting out to attack the French real estate market with the hire of a partner from Orrick Herrington & Sutcliffe.
UK/global turnover: £43.1m/£811m
Solicitors in Local Government (SLG), the professional body representing the 4,000 local government lawyers in England and Wales, has become embroiled in a spat over the future of its training unit.
Several of the world’s largest law firms have responded overwhelmingly to an appeal from the Solicitors Pro Bono Group (SPBG) to help families and businesses hit by the Asian tsunami.
St Philips Chambers
UK/global turnover: £6m/£121m
Washington DC-based Steptoe & Johnson has launched a New York operation on the back of its white collar crime practice.
UK/global turnover: £42m/£419m
A resurgent global telecoms sector is now fertile ground for law firms seeking new clients. Tim Schwarz urges a degree of opportunism
At Christmas time, the phrase ‘splash it all over’ usually conjures up images of Henry Cooper and Brut, at least for those of a certain age. Not for those in Allen & Overy’s (A&O) corporate department, however – at least since its riotous Christmas party, that is.
Andrew Sutch, senior partner, Stephenson Harwood
Weightmans is redirecting its corporate and commercial strategy as three department heads leave the Manchester office. Head of corporate Jonathan Shorrock, head of corporate recovery Glyn Willmott and head of planning and environment John Holmes will all quit in March in what is understood to be separate career moves. Managing partner Patrick Gaul said the split was “consensual” and that Weightmans ...
The BVI has become the new offshore battleground as a slew of Bermuda and Cayman law firms target the jurisdiction
UK/global turnover: £50m/£488m
UK/global turnover: £51.9m/£495m
Up and coming music lawyer Alexander Ross has quit Addleshaw Goddard for niche media and entertainment firm Wiggin & Co due to a lack of focus on the media group.
UK/global turnover: £12m/£204m