18 February 2008
At the end of 2007 all the talk within the CMS network was about a full-blown Deloitte-style integration. However, many in the CMS family seemed less than keen on dropping their colourful surnames to promote such a union.
• Bird & Bird has hired Johnny Nichols as head of human resources from Allen & Overy.
Sainsbury's has appointed a dedicated litigator, Tirpat Bhogal, to its in-house legal team.
BSkyB is relying on Allen Overy (A&O) to lead a legal challenge against the Competition Commission's ruling that it reduce its stake in ITV.
Allen & Overy (A&O) and Latham & Watkins have advised on the £50m sale of luxury yacht builder Oyster Marine to private equity house Balmoral Capital.
A&O's Indian tiger22-Feb-2008"Very smart guys... know their market... at the top of their game..."No, not The Lawyer editorial team, ho ho - Allen & Overy's new India partner firm, Trilegal. See story
Allen & Overy (A&O) has signed a referral relationship with Indian law firm Trilegal.
How do I keep my cool while being 'managed out'? How do I ensure my firm doesn't short-change me? And what does the future hold?
Indian giant Amarchand & Mangaldas & Suresh A Shroff & Co has lost two equity partners in an unprecedented move among India's jealously guarded equity partnerships.
Australia has one of the most mature legal markets in the world.
The number of training contracts offered by the UK's biggest companies has inched up by 3 per cent.
Niche Scottish property firm Bell & Scott has elected Paul Jennings as its next managing partner with incumbent Iain MacDonald due to step down in November.
Bindman & Partners has sealed a Court of Appeal victory that deals a major blow to the Department for Work and Pensions (DWP).
Bird & Bird has boosted its Asia IP practice with the appointment of partner Ai-Leen Lim from Singapore firm Colin Ng & Partners.
Berwin Leighton Paisner was the biggest winner of the night at The Lawyer HR Awards last Tuesday (12 February).
Two barristers were saved by a judicial review on 6 February from going into the legal history books for the wrong reasons.
The London office of St Louis-headquartered US firm Bryan Cave has recorded a 22.4 per cent leap in turnover for 2007.
So it's farewell Fidel and hello New Cuba. Or, at least, it will be when the world's longest-serving head of state really does call it a day by checking out permanently.
The Lord Chancellor has appointed Alison McKenna as president of the new Charity Tribunal.
The International Swaps and Derivatives Association (ISDA) is working with the Central Bank of Chile to open up the jurisdiction's derivatives market with a new 'master agreement'.
As the man tasked with overseeing MySpace's drive into Europe, Christopher Heather is well travelled even for a lawyer.
A trio of City firms has bagged roles on the proposed £1.2bn take-private of waste collection company Biffa.
Clifford Chance's Hong Kong office has hired litigator Brian Gilchrist from newly-merged Hong Kong firm Johnson Stokes & Master.
Three Moscow partners and 11 lawyers have defected from CMS Hasche Sigle to German firm Beiten Burkhardt.
Under the new system, 44 of the total 97 partners the firm has will be made up to the assured equity partner (AEP) position and 28 to the variable equity partner role (VEP).
Talk to the lawyers on Costain's new panel and they are quick to tell you how much fun it is to work for the UK's oldest builder.
The apparent actions of the state of Equatorial Guinea have led to the collapse of one of the most important cases of the last decade.
Tunbridge Wells firm Cripps Harries Hall has overhauled its longstanding compulsory sabbatical scheme for partners, which has proved both popular and divisive.
The corporate surroundings of the 12th floor of an office block is an unlikely venue in which to recreate the throbbing rhythms of the world's most famous street party.
Ashurst" /What was your first job?Helping the school milkman. I'm not sure this constitutes a job as I was paid in bread and orange juice.
Dewey & LeBoeuf has represented oil giant BP on the sale of a 1,000-acre oil refinery site for a regeneration project.
Davenport Lyons and DLA Piper have won lead roles on a joint venture between Psychic Investments Limited and Cilla Black.
DLA Piper bags Ferrovial legal chief" /DLA Piper has bolstered its Spanish corporate practice with the hire of engineering company Grupo Ferrovial's corporate legal chief.
DLA Piper has made its 15th lateral hire in Europe this year, taking litigation veteran Rob Ludding from Dutch corporate and competition law boutique Van Wylick & Ludding.
Transatlantic firms DLA Piper and Mayer Brown both experienced slowing rates of growth in 2007, but did finish the year with strong sets of financials.
DMH Stallard has beefed up its corporate commercial team with the hire of partner Jonathan Grant and associate Frank Jennings.
The London Court of International Arbitration (LCIA) and the Dubai International Financial Centre (DIFC) yesterday (17 February) signed an agreement to launch a dedicated arbitration centre in the Middle East region.
Lawyers are required to act in good faith towards the other party in a dispute as well as their clients. But how far need they go?
Edwin Coe prepares Northern Rock suit against government" /Edwin Coe partner David Greene is seeking to grow his group of Northern Rock's smaller shareholders in anticipation of a lawsuit against the Government.
The media storm surrounding the Archbishop of Canterbury's speech about sharia in the English legal system is understandable, bearing in mind what he calls the "unclarity" in its delivery.
Failing to invest in after-the-event insurance - as still happens in one in four cases - is leaving personal injury firms at risk of being sued by losing clients. Here, three experts give their views on best practice
Manchester-based Rowe Cohen was established less than two decades ago when Simon Cohen and Ivor Rowe decided to set up on their own. The firm now has a turnover of £5m. Rowe has since left the law for private business, but Cohen still sits at the helm, sharing the managing partner role with David Horwich.
Freshfields Bruckhaus Deringer has revamped its interview panel following the appointment of corporate rainmaker Mark Rawlinson as the firm's new trainee recruitment partner.
The cold war between the US and Russia may have long been consigned to the 1980s dustbin along with Orville the Duck, but Tulkinghorn is pleased to learn that some of the cultural affinities between the two nations are still very much in place.
Barlow Lyde & Gilbert (BLG) has been raided by US law firm Fulbright & Jaworski for litigation partner Melanie Ryan.
The Greater London Authority (GLA) has hired Sutton Council legal chief Fiona Ledden as head of law and procurement. Ledden replaces Thelma Stober, who left the role last August after less than a year in office. Ledden is due to join the GLA at the end of March, until which time interim legal chief Charlie Aiden will continue to deputise. Ledden joined Sutton Council as a childcare lawyer in 1991 and became executive head of legal and democratic services in 2004.
Speculative development company Gladman Developments has established a legal department in Scotland with the appointment of Biggart Baillie associate Afshan Khan.
Civil set One Crown Office Row (1COR) has launched an annexe in Manchester in response to its increasing workload in the region.
During 2007, Australia's corporate legal market provided significant revenue and profit growth for the major law firms, despite the "top-end" Australian legal market being generally regarded as mature. Work levels were close to capacity, while most firms faced significant people challenges, including recruitment and retention in a very tough demand market, particularly at the senior associate lawyer level.
Weightmans has recruited three professional negligence partners from North West rival Halliwells.
Herbert Smith corporate head Michael Walter has restructured the firm's internal practice groups to streamline client teams and improve associate development.
North West firm Hill Dickinson has become the latest firm to launch an in-house chambers, following in the footsteps of litigation giants Eversheds and Herbert Smith.
Washington DC-based Hogan & Hartson has had a bumper year in London with revenues rising by 27.6 per cent, from $43.1m (£21.96m) to $55m (£28.03m).
Howrey has launched an IP practice in its newly-formed Madrid office, grabbing a four-lawyer team from Spain's leading firm for IP Gómez-Acebo & Pombo.
2007 saw another year of strong international investment into New Zealand. The main investors over the past 12 months have been offshore investment funds and private equity firms.
Paul McCartney and Heather Mills have reached stalemate in their divorce hearing with the presiding judge, Mr Justice Bennett, reserving judgment on the case.
Kirkpatrick & Lockhart Preston Gates Ellis has expanded its property team with the appointment of John Hussey as a partner from Berwin Leighton Paisner (BLP).
Kennedys is set to launch a Singapore office in the summer with the aim of servicing its insurance clients.
Latham & Watkins is to simultaneously launch three offices in the Middle East at the end of the first quarter of this year, becoming the first law firm to do so.
The Law Society has launched a public affairs unit to be headed by new recruit Nicky Edwards.
Linklaters usurps Freshfields to advise new Northern Rock board; Slaughters to advise on nationalisation
Linklaters usurps Freshfields to advise new Northern Rock board; Slaughters to advise on nationalisation” />Linklaters has been handed a key mandate in the Northern Rock saga as rival magic circle firm Freshfields Bruckhaus Deringerlooks likely to be marginalised. Li
NY honeymoon to beget global powerhouse?It was way back at its 2003 partners' meeting that Linklaters decided to really go for it in New York. It was the only item on the agenda.
Macfarlanes and Travers Smith have been handed key roles in the private equity buyout of sandwich chain Pret a Manger.
Is entry into the US and Japan total madness or entrepreneurial genius?
Morrison & Foerster (MoFo) and Herbert Smith have won instructions on the sale of Buy.at to US internet services company AOL.
A trio of City firms has bagged roles on the proposed £1.2bn take-private of waste collection company Biffa.
Greenberg Traurig has posted a 15 per cent increase in gross revenue for 2007, with turnover at the US national firm rising from $1.04bn (£519m) to $1.2bn (£599m).
Olswang has appointed Brian McDonnell from Berwin Leighton Paisner (BLP) as a partner to launch its financial services practice in a drive to establish a three-strong team.
Olswang has advised communications company Photon Group on its largest acquisition to date.
Olswang has scored a High Court ruling that will give the public and the media automatic access to court documents in judicial review cases.
US firm Pillsbury Winthrop Shaw Pittman has hired two partners for its London office in a bid to re-launch its UK offering.
UK construction company Willmott Dixon has appointed Pinsent Masons as its principal adviser in what is the firm's second major construction win of 2008.
A professional negligence claim is every lawyer's worst nightmare, and every managing partner's worst nightmare in particular, because this issue can affect firms large and small.
A public listing may not be for everyone, but it has paid off for Slater & Gordon in Australia
Top of the PEPsRevenue Table
The Akzo Nobel ruling, which controversially stripped in-house counsel of privilege, has again come under fire for having the same impact on non-European private practice lawyers in the EU.
As the economy slows, claims against lawyers are set to rise. But risk management is as essential in the good times as in the bad.
The Queen’s Counsel selection panel launched the 2008 silk round today, just four weeks after 2007’s 98 new QCs were announced.
When it comes to holding one's nerve, Tulkinghorn has a flawless reputation. Regrettably, the same can't be said for Jimmy 'The Whirlwind' White. For all his ability, the mercurial snooker star made a career out of losing important finals.
Shearman & Sterling has posted encouraging year-end results, with PEP increasing 11.76 per cent.
Simpson Thacher & Bartlett has lost its plum role advising Microsoft on its $46.4bn (£23.91bn) hostile bid for internet giant Yahoo!
Skadden Arps Slate Meagher & Flom today (18 February) opened an office in Shanghai, the firm's fifth in the Asia region and its second in mainland China.
Australian firm Slater & Gordon, which last year became the first law firm in the world to float on a stock exchange, has increased profit by more than half since its IPO.
Firms including Barlow Lyde & Gilbert (BLG), Beachcroft and Weightmans have been appointed to a new legal panel providing advice to 27 NHS trusts in Surrey, Sussex and Kent.
The Competition Commission has been looking at the 'big four' supermarkets and the UK food shopping market since May 2006, and on 15 February it published its latest provisional decision on remedies, which straddles such areas as planning law, land law and codes of practice.
The Solicitors Regulation Authority (SRA) has set up an independent working party to investigate claims that it is racist.
Gianni Origoni Grippo & Partners has promoted 10 new partners this year as the firm regroups following a 16-partner split late last year.
So Hill Dickinson is the latest firm to launch an in-house chambers with the hire of barrister Sarah Venn from North West rival Halliwells. The timing is impeccable, coming just a month after new Bar Council chair Timothy Dutton QC slammed in-house advocacy units in his inaugural address.
White & Case is known in the market for its cosy atmosphere and emphasis on family, but one feels that new hires might get more of this than they had originally bargained for.
Thomas Eggar has joined leading City figures in their campaign against the tax crackdown on non-domiciled individuals living in the UK.
West Country firm TLT Solicitors has re-elected David Pester as managing partner. Pester will commence his third term at the helm in April.
Sullivan & Cromwell has appointed partners Vanessa Blackmore and Robert Schlein as co-managing partners of the firm’s London office.
They tried to make Tulkinghorn go to another awards ceremony but he said no, no, no. Instead he dispatched a drone to the event at a London hotel, where said worker bee drank formaldehyde-based wine and watched lawyers receive plastic trophies from somebody or other.
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Weil Gotshal & Manges litigation partner Richard Davis, one of the firm's highest-profile lawyers, confirmed exclusively last week to The Lawyer (11 February) that he is planning to run for the post of New York County district attorney.
Firms including Eversheds, Browne Jacobson and Hugh James have won places on the biggest public sector panel in Welsh history.
Bookmaker William Hill is up in the High Court today (20 February) facing charges that it allowed a punter to run up debts of over £2m.
As Latham's and Skadden's $2bn performances show, the future is global. So which firms' strategies will be the ones to lift them into the hierarchy of the new world order?
Wragges ally Graf goes it alone in Shanghai" /German firm Graf von Westphalen is opening an office in Shanghai to complement its joint ventures with best friend Wragge & Co in Guangzhou and Hong Kong.