18 August 2008
Allen & Overy’s (A&O) banking and finance practice is losing ground to those of its magic circle rivals as Clifford Chance widens its lead in turnover terms.
Exeter-based Ashfords is considering a radical plan to add on a property development arm once UK regulations allow it to seek external investment.
Leading UK biotechnology company Protherics has called on Ashurst as it embarks on takeover talks.
Ashurst raids Dechert for Islamic finance star Kamalpour” class=”inline_image inline_image_left” src=”/pictures/web/images/13311_Abradat-Kamalpour-ashurst.jpg” />Ashurst has bolstered its Islamic finance practice with the hire of Dechert’s London-based Islamic finance head Abradat Kamalpour.
Baker & McKenzie has shrugged off the collapse of merger talks with Heller Ehrman by announcing turnover growth of 20 per cent for the year to the end of June.
Barclays Capital (BarCap) UK and Europe legal head Jake Scrivens has stepped down for a non-legal role within the company.
Beachcroft has secured former Manchester United hopeful Ben Collett more than £4m in compensation after his football career was prematurely ended by a negligent tackle during a 2003 reserve team game.
TheLawyer.com’s Beijing 2008 blog covers the games from the lawyer's perspective, with posts from lawyers and other legal professionals in the city on the Olympic events, the gossip, the law firms and the atmosphere.
In May The Lawyer launched the Transatlantic Elite – an analysis of the top end of the legal market. The only UK firms to make it in to our inaugural Sweet Sixteen were the four members of the magic circle and Slaughter and May.
Ex-Family Division president Dame Elizabeth Butler-Sloss has been appointed interim chair of the Queen’s Counsel selection panel following the resignation of Sir Duncan Nichol.
He may sleep easy at nights, but the US ban on internet gambling and restrictive tax and competition regimes mean William Hill GC Thomas Murphy has plenty to occupy his waking hours.
Cadwalader Wickersham & Taft has launched a transatlantic covered bond practice group in response to the developing covered bond market in the US.
CMS Cameron McKenna’s fledgling Ukraine office has won an instruction from start-up airline Wizz Air Ukraine.
Clifford Chance and Freshfields Bruckhaus Deringer have landed the leading roles in BAA's £13.3bn refinancing deal.
Clifford Chance has significantly bolstered its Indian group with the hire of a capital markets partner from top Indian firm Amarchand & Mangaldas & Suresh A. Shroff & Co.
Clifford Chance is advising the British Bankers’ Association (BBA) on its review of the governance of the London interbank offered rate (Libor) Partner Habib Motani is leading the team advising the BBA on proposed changes, which include altering ...
Eversheds’ outsourcing: greed, or just common sense?" class="inline_image inline_image_left" src="/pictures/web/images/13278_P32_india.jpg" /The decision by Clifford Chance and Eversheds to offshore low-level legal work to India makes good business sense, but to many readers of TheLawyer.com the ...
Nottingham-headquartered Roythornes has merged with three-partner Peterborough firm Adrian Christmas Solicitors.
CMS Cameron McKenna managing partner Duncan Weston has revealed plans to unite financial reporting across the CMS network.
Eversheds go to the top of the class for mining the equity gap" /Cobbetts and Eversheds have emerged as the front-runners when it comes to advising on transactions in the so-called equity gap, according to research by financial information provider CorpfinWorldwide.
Dechert to go global after Beijing go-ahead" /Dechert is gearing up for a push into those parts of the world where it does not have a presence after winning a licence to practise in Beijing last week.
Dechert and Norton Rose have cemented their positions as leading advisers for Islamic finance by winning roles in the AIM listing of The Family Shari’ah Fund.
Denton Wilde Sapte has marked its tenth year advising the England and Wales Cricket Board (ECB) by acting on the £300m sale of the UK media rights to matches between 2010 and 2013.
Dewey & LeBoeuf has hired a Fried Frank Harris Shriver & Jacobson partner to co-chair its global compensation, benefits and employment department.
Tulkinghorn’s inside gentlemen in the Commercial Court, Chancery Division, and the Technology and Construction Court pass word that their combined new home by 2010, the Rolls Building, has been slammed for not having enough doors (boom boom).
Eversheds chief executive David Gray is stepping down from the post, with UK managing partner Bryan Hughes tipped to succeed him.
Lewis Silkin has hired Duncan Quinan as a partner in its litigation and dispute resolution practice.
West Country firm Michelmores has raided local rival Foot Anstey for an insolvency team.
The Bar Council has called for the top 30 commercial and Chancery sets to support its efforts to promote gender diversity at the bar.
Three transatlantic options on the table as firm aims to build on £15m stateside business
Hammonds has ramped up its banking practice with Kirkland & Ellis senior associate Samrad Nazer and Denton Wilde Sapte senior associate Iain Shurwood who both join the partnership.
Tulkinghorn’s heart grows warm at news from personal claims firm Scott Rees & Co, based in Skelmersdale, the Venice of West Lancashire, where not two but four of the firm’s staff are to marry. Separately, if one knows what Tulkinghorn means.
HBJ Gateley Wareing has snared Eversheds’ former Nottingham insolvency chief Chris Radford.
Manchester-based Heatons has launched a construction practice in a bid to defy the ailing property market.
Kirkland & Ellis is being sued for malpractice by former patent client Magnetek. The move comes after the US firm lost a patent case on behalf of the electronics company.
Law firm employees are working the equivalent of an extra day a week compared to the start of the year, with many firms failing to fill spaces left by departing staff members.
Let me be your fantasy 22-August-2008The Lawyer is joining the rest of its UK readers on holiday on Monday so you won't receive the paper or Lawyer News Daily, but we'll be back in your inbox on Tuesday and back on your desk on Monday 1 September.
Linklaters partners are considering a plan to lower the bottom rung of the firm’s equity ladder.
The London office of Australian firm Mallesons Stephen Jacques has poached the UK managing partner of Minter Ellison, the only other Australian firm with an office in the City.
Watson Farley & Williams" /What was your first-ever job?Paperboy.
Teething problems with the implementation of the Mental Capacity Act 2005 are defeating the legislation’s admirable objectives, argues Fiona Smith
Rachel Dineley, employment partner and head of the diversity and discrimination unit, Beachcroft
Field Fisher Waterhouse has poached former Peters & Peters partner Tony Lewis, who joins the commercial litigation practice. Prior to joining Peters & Peters in 2005, Lewis worked at CMS Cameron McKenna for 10 years.
Just two weeks after the news of the charity walk success of a team from Thomas Eggar, Sub-prime Of Our Lives, comes more news from the South East firm’s media harlots.
Where is the best place for a woman to get a divorce? London of course, the divorce capital of the world. ‘Forum shopping’, as it is known in family law circles, creates a myriad of problems for all parties involved in the divorce process.
Meanwhile, Tulkinghorn hears news of another tribute to a cherished institution dear to his heart, London’s Ritz hotel.In a sign of social aspiration at the firm, lawyers and staff at Kennedys have paid tribute to the Mayfair hotel in a vote on the proposed name of the firm’s staff restaurant: The Writz. Very good, sirs, very good.
Collins Stewart, the UK’s largest stockbroker, has called on Rosenblatt Solicitors as it considers a multi-million-pound takeover bid.
Tulkinghorn was impressed this week by League of Gentleman star Steve Pemberton, who in his latest masterful performance plays Arnaud de Senilhes, the former Paris-based managing partner of Taylor Wessing France.
Simmons & Simmons has continued its strategy of hiring magic circle associates as partners with the addition of Marc Thorley from Clifford Chance.
Simmons & Simmons has replaced two if its new international practice group (IPG) heads after just three months in the job.
The EU’s efforts to reduce forum shopping for divorce cases – and potentially curtail the UK’s status as the top choice – has in reality created a minefield of legislation.
The Solicitors Regulation Authority (SRA) has laid itself open to the charge of being institutionally racist, an independent report by the former head of the Commission for Racial Equality Lord Ouseley has found.
Tulkinghorn would like to express sympathy for Fountain Court’s newly appointed director of clerking, Alex Taylor, who could not be blamed for having an identity crisis every now and then.
Taylor Wessing loses 12 Paris partners to Nixon Peabody" /Taylor Wessing's embattled French office has lost the majority of its partnership, with 12 non-equity partners resigning to join US firm Nixon Peabody.
The press pack outside the London Central Employment Tribunal is a sure sign that somebody's reputation is going to be irretrievably sullied by the afternoon's media coverage.
Private equity star Charles Barter is to leave Travers Smith to join Bridgepoint Capital, one of the firm's key private equity clients.
Organic growth strategies for London bear fruit as 2008 trainee retention figures outstrip those of domestic rivals
Offshore firm Walkers has appointed David Collins as a partner in its Cayman Islands office.
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. If you want to direct us to useful links, email firstname.lastname@example.org.
Australian law firm Slater & Gordon has announced a jump in turnover of 27 per cent to hit a revenue of AUS$79.7m (£37m), just one year after it became the world's first law firm to float.