17 July 2006

The Lawyer

  • Is Woolf at your door?

    17-Jul-2006

    The Law Society's new president Fiona Woolf vowed last week to put the interests of City firms "high up the agenda" during her time in office. The former CMS Cameron McKenna partner plans to visit every firm in the top 100 with a view to boosting the society's profile in the City.

  • People

    17-Jul-2006

    South West firm Bond Pearce has promoted six to associate level: Jonathan Bower, Graham Wrigglesworth, Nicholas Seymour, Neil Franklin, Claire Cornish and Charissa Shears.

  • 175 lawyers take silk including a record number of women

    18-Jul-2006

    A record number of lawyers have been appointed silk in the first round of appointments for three years, with 175 new QCs informed of their awards today (18 July).

  • 18 Red Lion Court silk joins McGrigors

    17-Jul-2006

    McGrigors is making a rare hire from the bar as 18 Red Lion Court silk Jonathan Fisher joins the firm's tax litigation and regulatory team. Fisher will start work at McGrigors in September, initially as an employed barrister, but later as a partner when he requalifies as a solicitor. He will advise on business crime and regulation and tax crime and will ...

  • 2 Harcourt Buildings snares second licensing silk

    17-Jul-2006

    2 Harcourt Buildings has made its second silk hire in as many months by attracting licensing specialist Simon Mehigan QC.

  • 2012 Olympic Games sponsor protection goes too far

    17-Jul-2006

    Sponsors of major sporting events usually consider 'ambush marketing' to be one of the world's greatest evils. Ambush marketing is a term that refers to a marketing strategy of trying to create the impression of a brand being associated with a sporting event when it's not. Famously, Nike refused to pay the rumoured $50m (£27.2m) price tag to ...

  • 2-3 Gray's Inn Square appoints new head

    17-Jul-2006

    2-3 Gray's Inn Square has elected planning specialist Mark Lowe QC as its new head of chambers as the set moves to modernise and grow.

  • 3 Serjeants' boosts police law offering

    17-Jul-2006

    3 Serjeants' Inn has added to its police team with the appointment of Stephen Morley as a member of chambers. Morley, who was called to the bar in 1996, is formerly of Bridewell Chambers and specialises in all aspects of police law. He has appeared for police authorities in jury trials including those concerning false imprisonment, wrongful arrest and misfeasance in office.

  • A patently obvious move

    17-Jul-2006

    Europe moved a step closer to having a fully integrated patent judiciary this week. The draft European Patent Litigation Agreement (EPLA) gained momentum after internal markets commissioner Charlie McCreevy gave his support to the proposal. If implemented, it would create a common litigation court.

  • A&O and Slaughters toast £497m Whitbread pubs sale

    21-Jul-2006

    Allen & Overy and Slaughter and May celebrated the sale of 239 Whitbread pubs to Mitchells & Butler with a glass of champagne in the early hours of the morning.

  • A&O loses 170,000 files in warehouse inferno

    17-Jul-2006

    A huge warehouse blaze in East London has destroyed hundreds of thousands of legal documents belonging to a number of top City firms.

  • Akin Gump loses $1.1m negligence suit

    21-Jul-2006

    Texas firm Akin Gump Strauss Hauer & Feld has been ordered to pay a former client $1.1m in damages after being found to have been negligent in its representation. The suit filed by National Development and Research Corporation (NDRC) and its owner Robert Tang did not name any individual lawyers as defendants. The judgement calls for Akin Gump to pay $922,632 in damages, plus at least $194,738 in interest. Akin Gump had made a counterclaim for $225,688 in outstanding ...

  • Alston raids Pillsbury for London, German growth

    17-Jul-2006

    US firm Alston & Bird is targeting a launch in both London and Germany following the hire last week of technology partners Trevor Nagel and Lee Van Blerkom from Pillsbury Winthrop Shaw Pittman.

  • ANZ boosts global panel to 32 firms

    17-Jul-2006

    Australian banking giant ANZ has conducted a wholesale review of its legal panel, expanding its roster of external counsel from nine to 32 firms.

  • Ashurst beefs up German capital markets team with Freshfields hire

    20-Jul-2006

    Ashurst has strengthened its German capital markets team with hire of a Freshfields Bruckhaus Deringer associate, its second German hire in as many months.

  • Badea & Asociatii

    17-Jul-2006

    Romania’s Badea & Asociatii has come a long way in a short space of time. Set up in January 2002, the firm now finds itself in an alliance with the world’s largest law firm, Clifford Chance. It is a relationship that looks certain to lead to a full merger in the future.

  • Bakers London breaks £100m as profits jump 10 per cent

    18-Jul-2006

    Baker & McKenzie has released provisional figures for its London office for 2005-06.

  • Bond Pearce snares Bevan IP/IT chief

    17-Jul-2006

    South West firm Bond Pearce has poached the head of IP and IT from regional rival Bevan Brittan.

  • Bonding begins at Reed Smith, Richards Butler

    17-Jul-2006

    Reed Smith, Richards Butler" /Reed Smith and Richards Butler signed their merger agreement last month and the combination is due to go live on 1 January next year. Reed Smith chairman Greg Jordan led on the deal, but it is Philadelphia-based director of strategic planning Michael Pollack who ...

  • Cadwalader lawyer defects to Linklaters

    17-Jul-2006

    Cadwalader Wickersham & Taft has lost another lawyer from its New York capital markets practice, this time to Linklaters. Former associate Stan Renas joins the magic circle firm as a partner in its New York structured finance and derivatives practice. He is the fourth partner to join the group since it started in 2004. Renas's departure from Cadwalader follows that of two-partner team James Croke and ...

  • Camerons, Linklaters secure work on Wellcome Trust bond issue

    17-Jul-2006

    CMS Cameron McKenna and Linklaters are working on the final stages of the landmark bond from the Wellcome Trust, the first of its kind in the UK market.

  • CC steals a march on Ashurst with Blackstone coup

    17-Jul-2006

    Ashurst with Blackstone coup" /Clifford Chance is celebrating after advising private equity house Blackstone Group on the flotation of Southern Cross Healthcare following an 18-month deal frenzy for the care ...

  • CC, Slaughters & Travers lead on Permira's £1bn McCarthy bid

    17-Jul-2006

    Clifford Chance, Slaughter and May and Travers Smith have secured roles on Permira’s £1bn bid for retirement homes developer McCarthy & Stone.

  • Clarke Willmott hires herald double-digit profit boost

    17-Jul-2006

    Bristol-headquartered Clarke Willmott has generated a double-digit rise on both fee income and profit per equity partner (PEP) during a year in which it has taken on new teams in Bristol and Birmingham but downsized in Taunton.

  • Class action

    17-Jul-2006

    The case of Marr v Lambeth has shown the difficulty in defining where a negligence claim becomes a claim for breach of statutory duty. By Andrew Cooper

  • Close calls

    17-Jul-2006

    The role of local councils in improving the country's infrastructure is being brought into sharp focus by a new Government report and the Lyons Inquiry. Guy Hinchley and Nathan Holden report

  • Court of First Instance blocks BMG-Sony merger

    17-Jul-2006

    In an unprecedented move, the Court of First Instance has overturned the European Commission's decision to clear the merger between Bertelsmann Music Group (BMG) and Sony Music.

  • Deutsche bank falls foul of eurotunnel

    17-Jul-2006

    As the Eurotunnel saga chugs along, Allen & Overy's client Deutsche Bank has found itself blamed by the company for talks breaking down. Chief executive Jacques Gounon said last week: "I fail to understand how an institution such as Deutsche Bank has maintained its unreasonable demands." It is not the first time the bank, advised by partner David Fraumann, has upset the apple cart. Last month it ...

  • Dickinsons promotes five to partnership

    17-Jul-2006

    Newcastle-based firm Dickinson Dees has made up five lawyers to the partnership, its highest number of promotions in four years. Last year the firm made up two partners and brought in two laterals. In 2004-05 the firm promoted four, while in 2003-04 the firm made up two partners. The latest round of promotions brings the firm's partnership to 68, including Alex Rodger, who has been made up after ...

  • Dickinsons ramps up commercial

    17-Jul-2006

    Offshore law firm, Isle of Man-based Dickinson Cruickshank, has added seven lawyers to its commercial team, including partners from Richards Butler and Scottish firm Thorntons.

  • DLA hires GM GC to boost Chinese operations

    18-Jul-2006

    DLA Piper Rudnick Gray Cary has hired the former general counsel of Shanghai General Motors as a partner in its Shanghai office.

  • DLA Piper grows in Italy with raid on Carnelutti

    21-Jul-2006

    DLA Piper Rudnick Gray Cary has upgraded its Italian technology, media and communications (TMC) practice with the hire of a partner from demerged McDermott Will & Emery firm Carnelutti.

  • DMH Stallard outperforms PEP target

    17-Jul-2006

    South East firm DMH Stallard has smashed its profit per equity partner (PEP) target despite posting just a 6 per cent rise in turnover during the 2005-06 financial year.

  • Energy practices set to reap the benefits of Government review

    17-Jul-2006

    It is not just energy lawyers who will reap the benefits of the Government's review, with the expected surge in newbuild projects likely to create work for planning, construction, corporate and finance lawyers.

  • Falconer: Politicians should stop baiting judges

    19-Jul-2006

    The Lord Chancellor Lord Falconer has warned his fellow ministers against interference in the rule of law.

  • FFW lands chinese aim flotation

    17-Jul-2006

    Field Fisher Waterhouse (FFW) advised on the £70m acquisition and AIM flotation of Chinese media outfit Sun TV Shop. The newly formed company will sell Western luxury brands in China through TV shopping channels, the internet and mobile phones. FFW advised Sun TV Shop on the acquisition of a telecoms network and a host of Chinese television rights from Sun Media Group. Sun TV Shop was admitted ...

  • FFW leads GMC fight over expert witness immunity

    17-Jul-2006

    Field Fisher Waterhouse was in the Court of Appeal last week on behalf of the General Medical Council (GMC), fighting a ruling that protects expert witnesses from disciplinary action.

  • FFW takes on Manches partner

    17-Jul-2006

    Field Fisher Waterhouse (FFW) has hired Manches construction partner Chris Fellowes. The hire comes hot on the heels of FFW construction and PFI partner Lawrence Bruce and associate Olivia Bateman leaving for the London office of

  • Firm follower

    17-Jul-2006

    Is Linklaters stalking The Lawyer? Last November's three-day conference for the great and good of the in-house market was held at the Hotel Des Arts in Barcelona. Guess which magic circle firm chose the same time and place to hold its annual partner retreat? Clue: it start with an 'L'.

  • Firm profile Moon Beever

    17-Jul-2006

    London-based firm Moon Beever likes to focus on high-end fraud matters. “We go in fists flying,” says managing partner Frances Coulson, “because we like to chase the bad guys.”

  • Firms look for pastures new

    17-Jul-2006

    There are plenty of international initiatives kicking around. Richards Butler is about to launch in Dubai, A&O is reviewing the status of its troubled Tokyo office, while Clifford Chance appears to be embarking on all sorts of associations around the world in apparently random jurisdictions.

  • French corporate boutiques suffer as Anglo-Saxon firms thrive

    19-Jul-2006

    France’s leading independent corporate firms Bredin Prat and Darrois Villey Maillot Brochier both saw a drop in income in an otherwise strong financial year in France.

  • Full support

    17-Jul-2006

    Recent rulings have brought charities to the forefront of public service. By Chris Priestley

  • Getting Wiggy wid it

    17-Jul-2006

    Tulkinghorn considers himself a bit of an aficionado of telephone hold music. Most of the large international firms will go for something classy, perhaps some Rachmaninov or Bach, while others may opt for Beethoven's Fifth, as played by a deranged monkey on a Moog synthesiser.

  • Gibson Dunn launches UK employment practice

    19-Jul-2006

    Gibson Dunn & Crutcher has set up a UK employment practice, scooping Ashurst employment partner James Cox for its London office.

  • Goldman Sachs GC scoops London Olympics job

    17-Jul-2006

    The international general counsel of Goldman Sachs Terry Miller is joining the London 2012 Organising Committe for the Olympic Games as its new general counsel.

  • Gunner bummer

    17-Jul-2006

    SJ Berwin real estate partner Nick Minkoff was the leading punter in The Lawyer's World Cup fantasy football competition. A self-proclaimed "tactical genius", who entered his tips only after 11pm while still in the office, Minkoff used all his tactical nous to match his team to that of his rivals, therefore protecting his lead.

  • Hammonds swoops on EDF for partner hire

    17-Jul-2006

    Hammonds has strengthened its energy and utilities group with the hire of EDF Energy in-house lawyer Adam Langridge who will join the London-based team as a partner later this month.

  • Hammonds usurps DLA Piper for Tesco adviser role

    17-Jul-2006

    Hammonds has ousted DLA Piper Rudnick Gray Cary from its role as supermarket giant Tesco's main employment law adviser.

  • Harbottles loses music head to Sheridans

    17-Jul-2006

    Harbottle & Lewis has lost the head of its music practice to a rival west-end firm.

  • Herbies rejigs work allocation system

    17-Jul-2006

    Herbert Smith is poised to launch a full-scale review of its system of allocating work to associates in response to the surge in deal activity.

  • Herbies, McGrigors advise on Cairn's India expansion

    17-Jul-2006

    McGrigors and Herbert Smith have taken the lead roles to advise on a $1bn (£542.66m) financing facility for a Scottish oil and gas exploration and production company that will see the development of a massive Indian oil field.

  • Home win

    17-Jul-2006

    The World Cup Final: what a game, what a day, what a load of lawyers with blagged tickets. Slaughters' Nigel Boardman was there, as was Latham's Andrew Moyle. But what Tulkinghorn really wanted to know was the state of any Italian lawyers who'd either made the game, or even watched it on telly, the day after.

  • House of Lords overturns groundbreaking Inntrepreneur competition verdict

    19-Jul-2006

    The House of Lords has overturned a Court of Appeal decision directing breweries Courage and Inntrepreneur to pay a former publican damages for dictating the suppliers to his leased pubs.

  • Italy

    17-Jul-2006

    Just like its footballers, Italy's lawyers have had a roller-coaster ride this year.

  • It's gloves off as the BPI attacks ISPs over filesharing

    17-Jul-2006

    Tiscali and Cable & Wireless give short shrift to BPI demands. By Ben Moshinsky

  • It's the most wonderful time of the year

    17-Jul-2006

    More financial results, which means for some lucky employees it is bonus time. So far the firms that pay flat bonuses on their profit performances are still few and far between. Allen & Overy (A&O) has been doing this for a couple of years to its employees' great satisfaction. This year its profit rose by 20 per cent to £787,000, which meant a bonus pool representing more than 15 per cent of salary ...

  • Kirkland raids hedge fund for UK private equity partner

    17-Jul-2006

    Kirkland & Ellis has further ramped up its London private equity capability with the hire of the general counsel and managing director of US hedge fund Shumway Capital Partners.

  • Law Society seeks answers over Russia's persecution of lawyers

    17-Jul-2006

    Russia has changed dramatically since the days of the Soviet Union. However, some areas have made little progress, and among them is the rule of law.

  • Lawrence Graham seeks to rebuild European ties

    17-Jul-2006

    Lawrence Graham seeks to rebuild European ties" /

  • Legal aid set for massive shake-up

    17-Jul-2006

    The legal aid market is set for massive upheaval in a series of reforms that will change the way practitioners work and are paid.

  • Leveson J bags Appeal court promotion

    18-Jul-2006

    Mr Justice Leveson is to become the latest Court of Appeal judge following the imminent retirement of Lord Justice Brooke.

  • Littleton elects new joint heads of chambers

    17-Jul-2006

    Littleton Chambers has voted in Andrew Clarke QC and Clive Freedman QC as new joint heads of chambers, after former head Michel Kallipetis QC stepped down.

  • Lombardis creates new senior roles

    17-Jul-2006

    Italian litigation firm Lombardi Molinari e Associati has shaken up its partnership structure, creating two new positions for associates to aim for.

  • Lovells rebuilds private equity with White & Case raid

    17-Jul-2006

    Lovells has raided White & Case as the City firm attempts to rebuild its private equity practice following the departure of star partner Marco Compagnoni and his team earlier this year.

  • Lovells sees SABMiller through trio of deals

    17-Jul-2006

    Lovells has advised key client SABMiller on a trio of deals with a combined value of more than $2bn (£1.09bn) in just one week. Relationship partner John Davidson advised the brewer on a $1.75bn (£950m) Rule 144A bond issue. He also led the team that acted for SAB's Columbian subsidiary Bavaria on the disposal of its fruit juice business to Postobon for $55.3m (£30.01m). Finally, a team led by corporate partner Stephen Jones advised SAB on the acquisition of Sparks and Steel Reserve ...

  • Lovells snubbed as HgCapital turns to Clifford Chance and Weil Gotshal

    17-Jul-2006

    HgCapital has dropped longstanding adviser Lovells in a shake-up of its legal panel following the raft of recent top-level movements between UK and US firms.

  • Magister and Legas set to form CIS litigation powerhouse

    17-Jul-2006

    Ukrainian firm Magister & Partners and Russian litigation boutique Legas Legal Solutions have signalled their intention to merge, agreeing to an exclusive alliance that will create a 10-partner firm based in Kyiv and Moscow.

  • Microsoft legal chief vows to appeal €280.5m Commission fine

    17-Jul-2006

    The European Commission has fined Microsoft $280.5m (£193.47m) for failing to comply with its 2004 antitrust ruling, which found the computer software giant in breach of competition rules.

  • Mills & Reeve grows turnover figure by 22 per cent

    17-Jul-2006

    Mills & Reeve has reported a sharp 22 per cent rise in turnover and 11 per cent growth in profit per equity partner (PEP).

  • Mobee Dickson

    17-Jul-2006

    Anyone concerned that the current high levels of private equity deals may be trailing off will be reassured by the sighting last weekend of Dickson Minto senior partner Alistair Dickson.

  • Mofo hires LawGram outsourcing partner

    21-Jul-2006

    Morrison & Foerster has boosted its London outsourcing practice with the hire of outsourcing partner Jon Edgell from Lawrence Graham.

  • Moon Beever lures Matthew Arnold partner

    17-Jul-2006

    Niche insolvency firm Moon Beever has hired partner Adrian Hyde from Watford firm Matthew Arnold & Baldwin. Hyde joined Moon Beever at the start of the month from his position as head of insolvency and business recovery at Matthew Arnold. He previously worked in firms including Denton Wilde Sapte. He practises both contentious and non-contentious insolvency law and will particularly ...

  • Nabarros paves way for Italy best friend deal

    17-Jul-2006

    Nabarro Nathanson has moved closer to a formal best friends alliance with Macchi di Cellere Gangemi after the Italian firm was invited to join Nabarros' best friends summit last week.

  • New Law Soc president labels Falconer "naive"

    20-Jul-2006

    Law Society president Fiona Woolf has hit out at the Lord Chancellor, Lord Falconer, over the draft Legal Services Bill and the powers it gives to the new umbrella regulator.

  • No surprises in Linklaters' senior partner election

    17-Jul-2006

    In the end there were no shocks in the Linklaters senior partner election. Former corporate head David Cheyne cruised majestically to victory, while his rivals - finance head Giles White and banking partner Robert Elliott - graciously accepted defeat. Cheyne's victory ensures a sense of continuity, but the smart money for the next generation of management is on a combination of Elliott as senior partner ...

  • North East champion eclipses rivals with standout results

    17-Jul-2006

    This year has been kind to the Geordies, with Watson Burton in particular recording blockbusting financials.

  • Olswang brings in three from Glaxo and Eversheds

    17-Jul-2006

    Olswang has lured senior patent attorney Robert Stephen away from pharmaceuticals company GlaxoSmithKline to grow its patent prosecution practice.

  • Olswang chief throws in Thames Valley towel

    17-Jul-2006

    The head of Olswang's Thames Valley office has quit after six months as the firm's ambitious growth plans have stalled.

  • On the critical list

    17-Jul-2006

    Richard Burns has gone missing. The former senior partner of the UK's most troubled firm, Hammonds, officially stepped down from his management role at the beginning of May; but since then little has been seen of him.

  • Partners fail to reach Addleshaws' top PEP

    17-Jul-2006

    Addleshaw Goddard has no partners at the top of the partnership's equity ladder, The Lawyer can reveal.

  • Partners flock to Giuliani seeking election success

    17-Jul-2006

    Houston-based firm Bracewell & Giuliani is becoming a popular place to be. As public debate within the US increases over whether the firm's senior partner and former New York City Mayor Rudy Giuliani will throw his hat into the US presidential election ring next year, an increasing number of lawyers are trying to get a piece of the action.

  • Place your debts

    17-Jul-2006

    Lottomatica’s subordinated bond issue looks likely to herald a new wave of finance in Italy. Andrea Novarese reports

  • Public sector

    17-Jul-2006

    The UK public sector is in a state of flux. Central government has instructed local authorities to work together to provide greater efficiencies, while local government, in turn, has long accused central government of hampering its work via a combination of micro-management and a stranglehold on finances.

  • Putting their feet up

    17-Jul-2006

    Weil's US associates pampered? According to one of Tulkinghorn's spies, the female contingent were treated to a pedicure while over here last week. Surely that's sex discrimination?

  • Reed Smith launches women's career forum and sacks female blogger

    20-Jul-2006

    Reed Smithhas launched a new initiative aimed at encouraging women’s careers just days after the firm came under fire for sacking IP partner Denise Howells in the US.

  • Rosemary Martin: Reuters

    17-Jul-2006

    Unable to find one firm to cover its global needs, Reuters’ head of legal Rosemary Martin tells Ben Moshinsky she is happy going local

  • Rosneft's Russian IPO highlights dangers

    17-Jul-2006

    The controversy surrounding last Friday's (7 July) pricing of Russian state-controlled oil company Rosneft has given firms a reason to pause before acting on Russian AIM listings. Cleary Gottlieb Steen & Hamilton was advising Rosneft on its London Stock Exchange listing, which is due on Wednesday (19 July). Linklaters ...

  • Running for the law

    17-Jul-2006

    Keeping an eye on the legal community is no Monday-to-Friday, nine-to-five job. Last weekend Tulkinghorn was in Regent's Park supporting Mrs Tulkinghorn and The Lawyer girls in a 5k run for Cancer Research. Lo and behold, Ashurst T-shirts were everywhere to be seen thanks to second-year trainee Katie Monk, who organised a team of 19 staff to take part. The firm even stumped up £1,000 in sponsorship ...

  • Seven Bedford hires six tenants to strengthen BakerPlatt tie-up

    17-Jul-2006

    Common law set Seven Bedford Row is deepening its unique international alliance with offshore law firm and consultancy group BakerPlatt by taking on six door tenants specialising in chancery work.

  • Sidley pursues City insurance practice

    17-Jul-2006

    Sidley Austin has redoubled its efforts to push into the London insurance market by bringing over two senior lawyers from its US practice following the hire of a DLA Piper Rudnick Gray Cary team for its insurance launch.

  • Silks: The full list of new QCs

    20-Jul-2006

    The ranks of female and solicitor-advocate QCs have been swelled by a record number of new appointments in the first round of the revamped silk application process.

  • Simmons lands Norton Rose Islamic specialist

    17-Jul-2006

    Simmons & Simmons has poached an Islamic finance specialist from Norton Rose as it looks to capitalise on the growing demand for sharia-compliant products.

  • SJ Berwin's PEP breaks £700K barrier

    17-Jul-2006

    SJ Berwin's average profit per equity partner (PEP) figure has been bumped up to above the £700,000 mark following accounting revisions to take into account FRS5, work in progress and the firm's move to new premises. The adjustments have seen the firm's 2005-06 PEP reach £711,000, a 6 per cent rise on the preliminary figure of £670,000.

  • Sonnenschein in double launch

    17-Jul-2006

    Chicago-headquartered Sonnenschein Nath & Rosenthal has launched in Phoenix and Brussels after hiring a 10-lawyer hotel and hospitality team from Squire Sanders & Dempsey.

  • Spanish lawyer bags top EC competition role

    19-Jul-2006

    A senior lawyer at the Spanish competition authority is expected to be appointed to the European Commission’s directorate general for competition today.

  • Standard Chartered legal chief in move to Dubai

    17-Jul-2006

    Standard Chartered group head of legal David Brimacombe is jetting off to Dubai to take up a new position at the bank, leaving the organisation to search for a successor in London.

  • Stearns secures record fees on ExxonMobil case

    17-Jul-2006

    Miami-based law firm Stearns Weaver Miller Weissler Alhadeff & Sitterson's dreams came true earlier this month when a Miami federal judge awarded it $249m (£135.21m) in fees.

  • Stub snub

    17-Jul-2006

    It's a case of third time unlucky for Freshfields Bruckhaus Deringer. The stub equity structure used in Ferrovial Group's €11.7bn (£8.06bn) hostile takeover of BAA was touted as one of the reasons for the airport operator's board eventually recommending the Spanish construction group's bid.

  • Stuck in the middle

    17-Jul-2006

    The private equity midmarket is running scared. While Clifford Chance and Simpson Thacher & Bartlett are rubbing their hands in glee as the big boys, such as Permira and Blackstone Group, raise record-breaking buyout funds, there are mutterings of discontent from firms further down the food chain.

  • Sweet smell of success

    17-Jul-2006

    A tale reached Tulkinghorn last week of Brown Rudnick and its plush West End offices. While on a visit last week one of Tulkinghorn's scribes was fascinated to learn that the older part of the building boasts 17th century murals protected by English Heritage. A better story, however, came courtesy of London head Scott Burns, who recalled the day Sophie, Countess of Essex, popped in.

  • That's the way to do it

    17-Jul-2006

    Congratulations to Shoosmiths, which won Management Team of the Year at The Lawyer awards. It posted another rise in profit per equity partner this year of 16 per cent, to £396,000 - the fifth consecutive year of profit increase. Turnover was up 23 per cent. Other national firms, take note.

  • The latest appointments

    17-Jul-2006

    Veale Wasbrough managing partner Simon Pizzey is embarking on a third term after six years already at the helm.

  • The work-life quiz ian pittaway

    17-Jul-2006

    What do you do at weekends?A highlight is watching West Ham with my son, especially the FA Cup Final.

  • Three Fountain Court faces dismissal claim

    17-Jul-2006

    Collapsed Birmingham common law set Three Fountain Court is facing an unfair dismissal claim from its former senior clerk as regional rivals prepare to pounce on its members.

  • US firms keep marriages local

    17-Jul-2006

    Plenty of US firms have taken a leaf out of Reed Smith's and Richards Butler's book as the two firms look to complete their transatlantic merger following a successful partnership vote last month. But instead of a flurry of tie-ups across the pond, the US market is instead being bombarded by national link-ups.

  • US government case set to collapse after Enron boss death

    17-Jul-2006

    The death of Enron's former chairman and chief executive Kenneth Lay on 5 July has raised a difficult legal question - whether it will scuttle the US government's $43.5m (£23.62m) forfeiture claim against him.

  • Wachtell fights hedge fund activism

    17-Jul-2006

    Wachtell Lipton Rosen & Katz has joined the throng of vocal opposition to a recent ruling rejecting the Securities and Exchange Commission's (SEC) rule requiring hedge fund advisers to register under the Investment Advisers Act.

  • Watson Burton sets up shop in Gherkin

    17-Jul-2006

    North East rising star Watson Burton has chosen its new London premises.

  • Watson Farley targets improved leverage ratio

    17-Jul-2006

    Top 50 firm Watson Farley & Williams is aiming to increase dramatically its leverage ratio in a bid to boost its profitability.

  • We must commit to young talent

    17-Jul-2006

    It is no secret that good lawyers are hard to find. This is particularly true when you look at new and rapidly growing areas such as international projects, where there is a particular shortage of those with two to five years' PQE.

  • Web week 17/07/06

    17-Jul-2006

    The Lawyer's Web Week is a weekly commentary on legal activity on the web. This includes an overview of the best of the week's blogs.

  • Wedlake Bell wins rescue mandate for The Sportsman

    21-Jul-2006

    Wedlake Bell is advising the administrators of The Sportsman newspaper which has put itself into administration just four months after its launch.

  • When in Rome…

    17-Jul-2006

    Foreign banks have repeatedly been denied access to the Italian market. But a call for increased competition will change all that, say Veronica Pinotti and Jeffrey Greenbaum

  • Winston lures White & Case trio

    17-Jul-2006

    Winston & Strawn has expanded its energy practice with the hire of three star partners from White & Case following the closure of the latter's San Francisco office.

  • Winston scoops Orrick head of European M&A

    21-Jul-2006

    Winston & Strawn is boosting its Geneva office with the hire of Orrick Herrington & Sutcliffe corporate partner and head of pro bono Carl Liederman.

  • Yukos fails to stop Rosneft IPO but will appeal

    18-Jul-2006

    Lawyers for Yukos have failed in their High Court bid to block the listing of Rosneft shares on the London Stock Exchange, and have immediately applied to the Court of Appeal.