2 July 2007
Allen & Overy (A&O), McDermott Will & Emery and Gibson Dunn & Crutcher have completed the three-way $65bn (£32.4bn) split of Tyco International, the biggest spin-off in the world so far this year.
Allen & Overy (A&O) has continued its aggressive expansion plans by opening a Düsseldorf office with a former German managing partner from Freshfields Bruckhaus Deringer.
Allen & Overy (A&O) has overhauled its management in Germany, announcing a new managing partner and senior partner.
Allen & Overy, Ashurst and SJ Berwin each landed a role advising on the £1bn sale of Citigroup's Canary Wharf European headquarters, with the deal closing on Saturday night (30 June).
A judge getting slammed by the Court of Appeal? A judge in discussions with a law firm for a new job?
It's official: Davids rule the legal profession. Davids Cheyne, Childs and Morley (of Linklaters, Clifford Chance and A&O respectively) are just three namesakes of 259 littering the market (or the database of recruiter Badenoch & Clark), which rather usefully went and counted them all up.
Baker Botts' London office has poached a corporate partner from Dewey Ballantine.
Baker & McKenzie has bagged a lead role on a market-shaping deal in the Saudi mineral and mining industry.
Barclays Bank has appointed 10 new firms to its panel after announcing the completion of its panel review.
The BBC’s director of business and legal affairs Sarah Cooper has been promoted to chief operating officer (COO) at BBC Worldwide.
A trio of Blackstone chambers barristers played key roles in an arbitration victory for the FA Premier League after Sheffield United failed to overturn its demotion to the Championship next season.
The former prime minister Tony Blair may have given up his tenancy at No 10 Downing Street last week, but there is one building where his name is still on the door: his former chambers 11KBW.
The Serious Fraud Office (SFO) has been in contact with Berwin Leighton Paisner (BLP) in relation to a bribery investigation being undertaken by South African prosecutors.
Berwin Leighton Paisner (BLP) has bagged Clifford Chance partner Michael Wistow for its newly created role of head of tax. Wistow will work with corporate tax head John Overs, head of personal tax Jonathan Kropman and Moira Protani, head of charity law.
Brazilian firm Di Blasi Parente Soerensen Garcia & Associados has split in two, forming new IP firm Soerensen Garcia Advogados Associados.
Kent firm Buss Murton has poached partner John Kings from South East rival Lester Aldridge to start a new construction group.
CMS Cameron McKenna and DLA Piper have advised on Wellcome Trust's purchase of a £325m residential property portfolio.
Clifford Chance has scooped a role advising longstanding Debevoise & Plimpton private equity client Clayton Dubilier & Rice on an exit.
Clifford Chance has hit back at Berwin Leighton Paisner (BLP), which poached its tax partner Michael Wistow last week (28 June), by hiring BLP real estate partner Franc Peña.
Dickson Minto, Travers and Pinsents steer Saga-AA merger" /Clifford Chance, Dickson Minto, Travers Smith and
Nearly 10 years after the death of the Princess of Wales, the media fascination with her continues. But an indication that most of what can be said about her death has been said already is the fact that the much-hyped Channel 4 programme Diana: The Witnesses in the Tunnel, when shown last month, passed off without much comment.
Charles Russell is gearing up for a High Court battle after being accused of breach of contract.
Since its admittance to the WTO, China's business environment has been greatly enhanced. Now it's the turn of the legal system, says Jane Newman
Bristol-based Clarke Willmott has made its third raid on local rivals in a week, scooping the head of tax and estate planning at TLT Solicitors.
Heather Mills McCartney’s former divorce lawyers, London and Buckinghamshire dispute resolution boutique Coyle White Devine, has declared its intention to become a national firm.
Newcastle's Robert Muckle Solicitors has rebranded as 'Muckle LLP'.
CMS Cameron McKenna Warsaw partner Michal Zieniewski is to join two former Squire Sanders & Dempsey partners at DLA Piper's fledgling Warsaw office.
DLA Piper's regulatory team has succeeded in having an EU ban on Pakistan International Airways (PIA) partially lifted after just three months.
DLA Piper has beefed up its international energy law practice with the addition of a partner and senior associate in Cologne.
Tulkinghorn hears that banking partner James Johnson stole the show at Clifford Chance's recent partnership retreat in Barcelona.
Balbir Singh, head of Birmingham-based Equity Chambers, has been named the UK's highest-paid legal aid barrister. The annual figures from the Ministry of Justice revealed that Singh, a former magistrates clerk, had raked in more than £1.1m in the 2005-06 year.
Eversheds has beefed up its Brussels presence with the addition of a team of lawyers that includes the head of Weil Gotshal & Manges' local office, M&A partner Stanislas De Peuter.
Eversheds has won its third sole-provider contract this year after scooping a role advising Samsung on all its European legal requirements.
In recent years the thriving industrial markets inAsia have encouraged the legal profession to advance and take advantage of the lucrative opportunities available.
Midlands firm Flint Bishop & Barnett has restructured its equity partnership, sending its average profit per equity partner (PEP) rocketing past the £500,000 mark in the process.
Flint Bishop Solicitors has scored a victory against Tesco, forcing the retail giant to pull hundreds of housing adverts from its fledgling home-selling site.
Restructuring a company by transferring it to a different jurisdiction has its benefits, but equally it raises a number of questions, say Ken Baird and Paul Sidle
There is little glamour about taking a company public, but it is financially rewarding. By Margaret Taylor
Foot Anstey had another strong year in 2006-07, posting a growth in turnover of 11 per cent to £16m.
Freshfields Bruckhaus Deringer has increased the number of witnesses it intends to call for the age discrimination claim of former insolvency partner Peter Bloxham, which starts a week today.
Freshfields Bruckhaus Deringer completed its second major German-based private equity deal in a week after advising Kohlberg Kravis Roberts (KKR) and Permira on their EURO3.3bn (£2.2bn) sale of broadcasting group SBS.
Lovells' gentle smokers have lived in relative luxury ever since the firm moved into its Atlantic House headquarters back in 2000.
As The Lawyer revealed today, almost a quarter of the UK's lawyers want to quit the law. See story. This astonishing statistic has been picked up by the media all around the world, from The Today Programme to newspapers in Japan.
Corporate scandals have triggered a rethink in Japan's approach to compliance as business looks to learn from its global counterparts. By Peter Godwin
North West firm Halliwells is revamping partner remuneration with a review of its modified lockstep structure.
The sports group at Hammonds has held onto Fulham FC as a client, scooping the lead role on the club's kit supply and sponsorship deals.
Hammonds has boosted average profit per equity partner (PEP) 23 per cent from £328,000 last year to £404,000, the firm’s 2006-07 financial year-end results reveal.
Louise Stonier, the head of legal at Sir Alan Sugar's favourite pet store Pets at Home (in case you missed it, the cats and dogs shop played a starring role in the second instalment of the most recent series of The Apprentice), has no excuses for not owning a pet.
Herbert Smith had a muted year in 2006-07, with average profit per equity partner (PEP) dropping by 2 per cent on last year's figure.
Herbert Smith has launched a study into how effectively and efficiently alternative dispute resolution (ADR) can be used by in-house counsel.
Herbert Smith has scooped a role on the Blackstone Group's $26bn (£12.8bn) acquisition of the Hilton Hotels Corporation, one of the private equity house's first major transactions since listing on the New York Stock Exchange last month.
Niche IP firm iLaw has launched an offensive on City IP practices with a new initiative whereby clients dictate the fees they pay.
Insolvency practices are starting to gear up for the anticipated downturn of the UK economy. US firms have been lobbying the UK Government to change the UK's insolvency laws to parallel those in the US. This would mean a reduction in the power of customers and suppliers during administration.
As banks realise the opportunities they offer, turnaround funds are becoming an increasingly used method of insolvency. By Bryan Green
Irwin Mitchell has lost its House of Lords appeal to stop a private care home operator evicting an 83-year-old Alzheimer's sufferer. The Lords held that the Human Rights Act 1998 (HRA) only applies against public bodies, meaning it would offer no protection to those in private care, even when a patient is placed by a public body. Irwin Mitchell partner Yogi Amin instructed David Pannick QC ...
Italian independent Negri-Clementi Toffoletto Montironi & Soci (NCTM) has launched its first international office, opening in Brussels.
Mr Justice Peter Smith was slammed by the Court of Appeal today (4 July) for marring his judgment with his personal feelings in a recusal application.
Yorkshire's Keeble Hawson has merged with Frank Allen Pennington, giving the firm a new base in Doncaster.
Despite reservations from some, India will benefit from the liberalisation of its legal market. By Alex Pease
Landmark Chambers found itself on both the winning and losing sides of a Court of Appeal legal tussle that resulted in a ruling that the Child Support Agency (CSA) does not owe a duty of care in how maintenance payments are assessed.
The appointments of Jack Straw as secretary of state for justice and Baroness Scotland QC as attorney general by Prime Minister Gordon Brown has been broadly welcomed by the legal profession.
Linklaters has announced record figures for this financial year, with revenues overtaking a billion for the first time and average profit per equity partner (PEP) rising 21.5 per cent to £1.29m.
Linklaters made a raft of appointments last week, leading to the appointment of a new global head of financial markets and two new practices being launched in Amsterdam.
Clifford Chance can breathe again. Linklaters hasn't caught up.
Addleshaw Goddard has given preliminary advice on defamation to Andrei Lugovoi, the former KGB operative named by the UK Government as the chief suspect in the murder of Alexander Litvinenko.
After having opened 20 stores last year Pets at Home is aiming to open 20 more this year, and legal head Louise Stonier and her team have proved key to the company's success. By Malar Velaigam
Lovells has won a victory for BNP Paribas by defending a discrimination case brought against the bank by former employee Katharina Tofeji. Tofeji alleged that, following the birth of her daughter, BNP Paribas made it difficult for her to return to work part time. The Employment Tribunal dismissed Tofeji's claims, which included direct and indirect discrimination and victimisation, failure to agree to flexible working requests and unfair dismissal. Lovells partner Elizabeth Slattery ...
Lovells' German practice has acted for longstanding private equity client Advent International in its €770m (£520m) acquisition of Permira's majority position in discount retailer Takko.
Maclay Murray & Spens has unveiled significant increases in both turnover and profit in its annual results for 2006/07.
Mayer Brown Rowe & Maw (MBRM) is to boost its German insurance practice with the addition of Clifford Chance counsel Ulrike Monnich and associate Michael Marx.
Mayer Brown Rowe & Maw (MBRM) has boosted its London finance group with the addition of Elana Hahn as a partner. Hahn, currently an associate at Milbank Tweed Hadley & McCloy, will join the firm on 2 July.
Lovells has seen a number of changes in its Italian presence following the departure of two lawyers to McDermott Will & Emery.
Jersey-headquartered Mourant du Feu & Jeune has bolstered its growing Guernsey office with the hire of equity partner John Lewis from local rival Collas Day following its split earlier this year.
Nabarro has won a role as online gambling company Sportingbet's principal corporate adviser, filling the void left by Ashurst. Ashurst and Sportingbet parted company at the end of last year, bringing to a close their long-term relationship. Since then the company has sought corporate advice on an ad hoc basis, but has ...
The new president of the European Patent Office (EPO) Alison Brimelow has started her term in office with a vow to improve the quality of patents issued by the office.
US firm Orrick Herrington & Sutcliffe's Paris managing partner is focusing on growing the office after a recent spate of high-level departures.
Paul Hastings Janofsky & Walker has lost the German desk of its London office, after five lawyers left to set up their own firm with offices in Munich and London.
•Baker & McKenzie has hired Addison Braendel as a partner and head of the real estate and alternative fund formation team and Sarah Harris as an associate in its Chicago office from Mayer Brown Rowe & Maw.
Watson Burton to open up its equity" /What a difference 12 months can make. At this time in 2006, equity partners at Newcastle's Watson Burton were the envy of the Geordie legal world, bagging an average profit per equity partner (PEP) of £712,000 - far clear not only of local rivals, but ...
Pinsent Masons has boosted salaries for its newly qualified associates (NQs). City NQs will now see an additional £10,000, a rise of 19 per cent from the previous figure of £53,000 to £63,000.
The Court of Appeal has two new Lord Justices, with Mr Justice Rimer and IP judge Mr Justice Pumfrey moving up to the higher court.
A wide-ranging review of the bar’s complaints-handling process has called for the implementation of 52 recommendations in a bid to address significant weaknesses in the current system.
Lovells equity capital markets partner Stephen Jones will quit the firm to take up an in-house post at longstanding client SABMiller.
Simpson Thacher & Bartlett and Davis Polk & Wardwell have landed key roles advising on Kolberg Kravis Roberts' (KKR) proposed stock market flotation.
Skadden Arps Slate Meagher & Flom has secured a key role on the latest flotation of an alternative investment group.
The new Solicitors' Code of Conduct was unleashed on the legal profession yesterday (1 July) after five years in the making.
Tulkinghorn is getting ready to rumble. This October Carmelite Chambers and David Phillips & Partners presents to the legal profession… Fight Night II. The latter is a personal injury specialist. How spectacularly appropriate.
On Monday (25 June) The Lawyer revealed that Irwin Mitchell was one of the growing legion of UK law firms that may seek a stock market listing in the post-Clementi era.
What a relief. After months fielding calls about suing departing partners, Hammonds managing partner Peter Crossley can reveal a welcome piece of good news: turnover and profit both up at the year-end.
Nearly a quarter of you want to quit. In a desperately competitive recruitment market, that's just about the last thing law firm managers need to hear.
Planning your summer holiday? Well, you may be interested to hear a traveller's tale from Slaughter and May head of corporate Chris Saul before you book anywhere too exotic.
Far from improving matters for insolvent companies, the new Tupe rules have just muddied the waters. By Andrew Gregory
Two Travers Smith partners have had a particularly busy week on private equity deals and IPOs.
Dickinson Dees, Hammonds and Pinsent Masons are facing an employment tribunal claim from a lawyer formerly at all three firms.
A quarter of all lawyers want to get out of the law, according to the largest-ever research programme in the legal profession.
Attracting good people is, of course, a major priority for law firms, but the real challenge is keeping them. The first step is to understand what motivates people, and financial incentives seem to be moving down the pecking order and are being replaced with a very clear idea among employees about the types of environment and culture they wish to work in.
Foley & Lardner, LeBoeuf Lamb Greene & MacRae and King & Spalding are to provide pro bono legal advice to help combat-injured US soldiers apply for compensation.
Leeds-based Walker Morris has appointed six new partners, bringing the total number to 52. The new partners are spread across practice areas, with property gaining two in the form of Rachel Cowper and Jacqueline Seddon.
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Weil Gotshal & Manges' London-based private equity partner Will Rosen is set to leave the firm, having handed in his notice today (3 July).
A Law Society council member has admitted to five breaches of professional rules in relation to his dealings with the miners' compensation scheme.
White & Case has expanded further its capital markets London team with a partner hire from Baker & McKenzie.
Wragge & Co has joined the associate salary race among national firms, upping starting salaries for its City newly-qualified associates (NQs) by more than a fifth.