20 August 2007

The Lawyer

  • BLG's big-hitters turn into quitters

    20-Aug-2007

    Things are looking grim for Barlow Lyde & Gilbert (BLG). With partners leaving left, right and centre, BLG could find itself saddled with the tag 'the new Norton Rose'. Luckily the figures aren't quite so bad that it inherits the really unwanted sobriquet 'the new Hammonds'.

  • Dechert skittish about following British

    20-Aug-2007

    US firm Dechert is hoping to expand its international capabilities by launching in the Middle East. While the firm has built up a strong client base in the United Arab Emirates (UAE), it is yet to have a presence on the ground in any of the jurisdictions.

  • Harmans' family fortunes

    20-Aug-2007

    It definitely pays to be a law firm that employs a Harman sister. Three firms at which Harriet Harman's sisters are working received almost £650,000 in legal aid and legal services payments, according to the now defunct Department of Constitutional Affairs' (DCA) last resources account.

  • People

    20-Aug-2007

    Covington & Burling has hired Mark Young as an associate in its European technology, media and communications group. Young joins from the London office of Denton Wilde Sapte, where he trained andqualified. Covington has also hired associate Janet Kidd in its European life sciences group from Wragge & Co, where she was a junior associate.

  • A grand time at $impson

    23-Aug-2007

    Simpson Thacher & Bartlett is used to leading the pack when it comes to salary rises. Now it’s doing the same with charge-out rates: the two are not unconnected.

  • A&O achieves first with Kuwait sukuk

    20-Aug-2007

    Allen & Overy scooped the lead role advising on the first ever sukuk programme in Kuwait.

  • A&O bulks up mainland China offering

    20-Aug-2007

    Underscoring its current focus on mainland China, Allen & Overy (A&O) has moved to relocate four of its Hong Kong-based lawyers to Beijing while hiring a senior associate for its Shanghai office.

  • Arabian blight

    20-Aug-2007

    It's well known that moving Western lawyers to Saudi Arabia and keeping them there isn't an easy thing to do.

  • Arnold & Porter hires ex-SEC counsel

    20-Aug-2007

    Former special counsel at the Securities and Exchange Commission Laura Badian has joined Arnold & Porter.

  • ASB Law lures two from local rivals

    20-Aug-2007

    South East firm ASB Law has made two partner hires from local rivals, both of them heads of department.

  • Ashurst's cat call

    20-Aug-2007

    It's not all nose to the grindstone in the City, you know. Tulkinghorn learnt the other day that those lovely chaps over at Ashurst recently gave one of its IP lawyers enough time to eat, sleep, see daylight occasionally and pen her first book.

  • Associate lockstep a thing of the past as Howrey looks to ability

    20-Aug-2007

    Howrey is set to shift its associate compensation away from lockstep and towards a skills-based system.

  • Asteral hire starts ball rolling for legal capability

    20-Aug-2007

    Managed equipment service provider Asteral has hired a project finance lawyer from Lovells, its first dedicated in-house lawyer.

  • Avoiding a Brum steer

    20-Aug-2007

    Birmingham was traditionally the market into which ambitious South West firms would expand. Now London is the more attractive option

  • Bakers posts 20 per cent turnover hike

    20-Aug-2007

    Baker & McKenzie has reported global turnover growth of 20 per cent in the 2007 financial year, with total income rising to $1.83bn (£910m).

  • Barnes & Noble snares new GC from IBM

    22-Aug-2007

    Bookseller Barnes & Noble has raided IBM to appoint Jennifer Daniels to the newly created post of general counsel, vice president and secretary to the board.

  • Barrister wins pinot payout after assault

    20-Aug-2007

    Newly-wed barrister Owen Prys Lewis of 9 Park Place Chambers received £100 compensation from his wife after she hit him over the head with a bottle of pinot grigio, a court heard.

  • Beachcroft, Brabners, Clydes and Eversheds enjoy DHL panel success

    20-Aug-2007

    Beachcroft, Brabners Chaffe Street, Clyde & Co and Eversheds have secured places on DHL's first official employment panel.

  • Big Apple turns sour for Links associates

    21-Aug-2007

    It’s all the buzz of the internet super-highway: Linklaters’ New York summer associates are not happy bunnies – allegedly.

  • BLP in UAE first with new client areit

    20-Aug-2007

    Berwin Leighton Paisner (BLP) won a beauty parade to advise on the first successful securitisation in the United Arab Emirates (UAE). The firm advised new client Arabian Real Estate Investment Trust (Areit) on its $63m (£30.9m) commercial mortgage-backed security via a special purpose vehicle. The proceeds were used to finance the purchase of a tower in the Dubai Technology and Media Free Zone. Tamara Box, the partner leading the BLP team, said: "We gained this ...

  • BLP, Jones Day and Nabarro win places on Goodman panel

    22-Aug-2007

    Berwin Leighton Paisner, Jones Day and Nabarro have secured places on the coveted UK general panel of one of Australia's largest industrial real estate investment trust Goodman International.

  • Bryan Cave claims to be no.1 class action firm

    23-Aug-2007

    In a bolshy move, US law firm Bryan Cave has claimed to be the biggest American outfit in relation to running class actions “day in day out”.

  • Building on bridges

    20-Aug-2007

    Bridge equity challenges the traditional approach of banks in financing transactions, offering them new opportunities - and new risks. By Tihir Sarkar and Jeffrey Karpf

  • Camerons suffers further exit pain

    20-Aug-2007

    CMS Cameron McKenna has been hit by another partner departure, with the London office of Missouri-headquartered Shook Hardy & Bacon picking up commercial partner Mark Tyler.

  • CC and Linklaters shine again on Eurotunnel deal

    22-Aug-2007

    Magic circle firms Clifford Chance and Linklaters have scored another win advising on the sale of £2.84bn of Eurotunnel debt.

  • CC returns to BLP for second real estate revenge raid

    20-Aug-2007

    Clifford Chance has returned to Berwin Leighton Paisner (BLP) to plunder its real estate practice for a second time in the latest instalment of an uneasy tit-for-tat rivalry.

  • Chambers is Outer sight

    20-Aug-2007

    Over to Outer Temple Chambers, which recently won the dubious accolade of being the highest-ranked team of barristers in the London Triathlon.

  • Cohen eyes Europe as Freshfields, Links plan class action strategies

    20-Aug-2007

    US class action specialist Cohen Milstein Hausfeld & Toll is set to ramp up its international best friends network as magic circle firms Freshfields Bruckhaus Deringer and Linklaters decide on the best strategies for defending UK companies.

  • DLA Piper sets 150-lawyer target for Germany offices

    20-Aug-2007

    DLA Piper sets 150-lawyer target for Germany offices" /DLA Piper is embarking on an ambitious growth strategy in Germany, drawing up plans to boost its number of lawyers in the region by 50 per cent.

  • Dobbies picks Dickson Minto for sale to Tesco

    20-Aug-2007

    Garden centre Dobbies turned to Dickson Minto over regular adviser Tods Murray for the £156m bidding war that saw Tesco emerge as the likely victor.

  • DWS project finance team sets its sights on Middle East

    20-Aug-2007

    Denton Wilde Sapte (DWS) is looking to Africa and the Middle East along with its strength in energy and natural resources to save an ailing banking practice by channelling its energies into the project finance market.

  • DWS scoops largest ukrainian loan work

    20-Aug-2007

    Denton Wilde Sapte (DWS) has underscored its dedication to emerging markets by advising on the largest-ever loan in the Ukraine. The DWS team, led by banking and finance partner Jonathan Solomon, advised BNP Paribas as lead arranger on the $1.5bn (£740m) loan for Ukrainian mining and metals group Metinvest. Solomon said: "The deal is significant because the Ukraine hasn't seen a loan of this size before. Quite a lot of work went into making sure the loan was bankable." ...

  • ESPN Star Sports loses GC to rights company

    20-Aug-2007

    ESPN Star Sports (ESS) has been left looking for a new associate general counsel after European sports rights company Sportfive poached Ed Floydd to head its legal team.

  • Fishburns appoints new partner

    20-Aug-2007

    Ian Welland has become a partner at Fishburns Solicitors after moving from Robin Simon earlier this month.

  • Foot Anstey aims high with Serpell merger

    20-Aug-2007

    South West firm Foot Anstey Solicitors has merged with Plymouth's Serpell Eaton Solicitors.

  • Four settle as Hammonds pursues former partners

    20-Aug-2007

    Hammonds settled with at least four of its former partners before kicking off its £3m profit dispute against 14 other ex-partners in June, it emerged last week.

  • Freshfields set for December tribunal

    20-Aug-2007

    Freshfields Bruckhaus Deringer's tribunal woes will stretch out until the end of 2007.

  • FTSE100 set to demand diversity stats for panels

    20-Aug-2007

    The Law Society will launch a diversity charter in October that will make FTSE100 companies force law firms to provide diversity data before being appointed to panels.

  • Get back to where you once belonged

    20-Aug-2007

    For those few plucky readers still in the office, take heart: can you imagine the culture shock your ostensibly sensible holidaying colleagues will suffer on their return?

  • Hammonds hire signals private equity push

    20-Aug-2007

    Hammonds has kick-started a strategic push in its private equity group to capture a bigger slice of the high-value deals market with the hire of Travers Smith senior associate Mark Robson.

  • Herbert Smith win lets banks dodge conflict redress

    20-Aug-2007

    Herbert Smith has scored a Court of Appeal victory that leaves banks that act as both the arranger and underwriter on a syndicated loan immune to legal redress.

  • Herbies ups Indian, Aussie internships

    20-Aug-2007

    Herbert Smith is increasing its focus on the international graduate market with the expansion of its Indian and Australian internship programmes.

  • HSBC enters talent war for UAE finance lawyers

    20-Aug-2007

    HSBC is set to join the highly competitive market for talent in the Middle East by embarking on a recruitment drive to boost its legal team in the United Arab Emirates (UAE) in response to the buoyant financial markets in the region.

  • Hugh James ramps up for London launch

    20-Aug-2007

    Cardiff-based Hugh James is to launch its first office in London and has recruited Pillsbury Winthrop Shaw Pittman outsourcing partner Phillip Rees for the launch.

  • Human rights joint committee seeks truth behind Iraq 'torture'

    20-Aug-2007

    A parliamentary committee has launched an inquiry into allegations of torture by British troops in Iraq and allegations that British forces were told that human rights law did not apply there.

  • It's time to wield a pen over the British constitution

    20-Aug-2007

    What lawyer would willingly enter into an agreement of any complexity that was not written down? So what is different about the web of rights and obligations that we inherit as citizens of the UK and subjects of the Crown? Yet, in defiance of almost every other country in the world except New Zealand, the British are taught, almost ...

  • Jujitsu barrister pleads self-defence

    21-Aug-2007

    The Sovereign Chambers barrister who is accused of drunkenly beating a man at a wedding shortly after exposing himself has told a jury that he acted in self-defence.

  • K&L Gates bats for ICC on Cricket World Cup broadcast rights sale

    20-Aug-2007

    K&L Gates has scored the lead role advising world cricket governing body the International Cricket Council (ICC) on the sale of its global media rights.

  • Keoghs widens intelligence scope

    20-Aug-2007

    Keoghs is broadening the range of skills within its intelligence services with a number of recent hires.

  • Kevin Crosset: Gartmore

    20-Aug-2007

    A succession of ownership changes has made Gartmore general counsel Kevin Crosset’s life a busy one. But all aspects of his work are a challenge, he tells Margaret Taylor

  • Land Securities makes counsel U-turn

    20-Aug-2007

    Real estate giant Land Securities has shelved its plans to recruit a group general counsel.

  • Leed Petroleum AIM float goes way of Memery Crystal, K&L Gates

    20-Aug-2007

    Memery Crystal, K&L Gates" /Memery Crystal and K&L Gates have played key roles advising on the AIM flotation of oil and gas company Leed Petroleum.

  • Legal claims leave Rusal float in the balance

    20-Aug-2007

    Legal woes might yet scupper the £3.75bn London flotation of Rusal, the aluminium giant.

  • Lissack QC fights for foot and mouth farmers

    21-Aug-2007

    Richard Lissack QC of Outer Temple Chambers has become involved in the foot and mouth outbreak.

  • Loeb expands collection to launch fashion group

    23-Aug-2007

    Los Angeles-based entertainment powerhouse Loeb & Loeb has launched a fashion and luxury brand industry group on the back of the proposals of new copyright laws protecting the industry in the US.

  • Lovells commits to Italy with office moves

    22-Aug-2007

    Lovells is relocating to larger premises from its current Rome and Milan offices to accommodate a recent rapid growth in numbers.

  • Lovells plays hardball

    20-Aug-2007

    Tulkinghorn has been trying to console Norton Rose employees after, as they say, they "woz robbed" of a place in the final of the Softball Law Firm League by Lovells.

  • Mayer Brown back in hot seat over Refco

    23-Aug-2007

    Mayer Brown Rowe & Maw (MBRM) has been hit by yet another claim resulting from the bankruptcy of commodities trader Refco.

  • Mayer Brown drops Rowe & Maw in rebrand

    23-Aug-2007

    Transatlantic giant Mayer Brown Rowe & Maw has become the latest firm to opt for an abbreviated name, rebranding as the shortened Mayer Brown.

  • Mayer Brown suffers as A&O ramps up New York

    20-Aug-2007

    Allen & Overy has further ramped up its New York office with the hire of two partners from Mayer Brown Rowe & Maw.

  • NatWest Three lawyers in row with Travers over defence 'interference'

    20-Aug-2007

    Travers Smith and White & Case were embroiled in a slanging match last week with US lawyers for the 'NatWest Three'.

  • Norton Rose suffers banking loss to South African player

    20-Aug-2007

    Norton Rose has been raided by South African law firm Deneys Reitz, losing senior associate Steven Gamble from its banking group.

  • Norton Rose targets cost savings with £1.9m IT contract

    22-Aug-2007

    Norton Rose’s lawyers are set to spend less time and money travelling as the firm introduces a new £1.9m integrated IT communications system.

  • Not so fond farewells

    20-Aug-2007

    The beauty of partnership is that it's not just a business relationship, it's personal. The most colourful off-the-record briefings are reserved for partner departures. It never ceases to amaze just how many faults one can find in a partner who was a glittering example of good lawyerliness just one day before they handed in their notice.

  • Ogier partner lands Jersey fund role

    20-Aug-2007

    Advocate and funds specialist Richard Thomas took the chair at the Jersey Funds Association AGM in July after Gary Clark stood down. Thomas, a partner at offshore law firm Ogier, has extensive experience advising on investment funds, securitisation and banking and corporate matters. He has been involved in the creation of Jersey's regime for protected and incorporated cell companies.

  • Orrick boosts Korea group with Debevoise hire

    22-Aug-2007

    Orrick Herrington & Sutcliffe has strengthened its Korea group through the appointment of Debevoise & Plimpton international counsel and Korean law specialist Mark Lee.

  • Pharma karma

    20-Aug-2007

    If the US Food & Drug Administration is to function effectively, its offices need to work together. By Jim O'Neal

  • Prances with Wolves

    20-Aug-2007

    The new footy season kicked off last week to collective relief around the country, as legions of blokes now have something to do again on a Saturday.

  • Premier League nets second in-houser

    20-Aug-2007

    The Premier League's sole in-house lawyer Oliver Weingarten has doubled the size of the in-house legal function with his first hire of a commercial lawyer.

  • Probe into legal complaints handling launched

    20-Aug-2007

    The Legal Complaints Services (LCS) has launched a ‘pre-consultation study’ into its plans to publish the complaints handling track records of law firms.

  • Rational security

    20-Aug-2007

    With new legislation, the US government hopes to make foreign investment more easily accessible and accountable - something it considers to be important for a safer and more prosperous future. By David Marchick and David Fagan

  • Revealed: CC pays out in sexual orientation claim

    20-Aug-2007

    Clifford Chance has been struck by what is thought to be the first UK discrimination claim against a law firm on the grounds of sexual orientation.

  • Revealed: the 12 UK firms with million-plus partners

    24-Aug-2007

    Twelve UK firms have top equity partners on more than £1m, up from eight last year as the top end of the market benefits from record transactional levels in 2006-07. The figures are revealed in the publication of The Lawyer UK 200 Annual Report, out on 3 September.

  • Salans formalises Polish best friend relationship

    20-Aug-2007

    Salans has boosted its reach into the Polish legal market with the signing of a relationship agreement with Krupa Srokosz Patryas in southern Poland.

  • Scots firm says Sir Alan to blame for tribunal overload

    22-Aug-2007

    Scottish law firm Muir Myles Laverty (MML) has blamed bosses copying the brash style used by Sir Alan Sugar on television programme The Apprentice for the rise in the caseload of employment tribunals.

  • Separated at birth

    20-Aug-2007

    Is Holman Fenwick & Willan's recent return to financial form, with net profit soaring by more than 20 per cent and turnover at record levels, at risk?

  • Silk butt

    20-Aug-2007

    While having a surf on the worldwide web superhighway, Tulkinghorn came across this interesting choice of profile picture for barrister Diane Chanteau of common law set 55 Temple Chambers.Tulkinghorn mused why anyone would want their work portrait to be of them having a smoke while in chambers.Either way, Tulkinghorn would advise that the photo be changed, as the smoking ban means one can no longer smoke in chambers.

  • Simpson Thacher hikes charge-out rates

    23-Aug-2007

    The New York office of Simpson Thacher & Bartlett has increased its charge-out rate for top performing partners to $1,000 an hour.

  • SJ Berwin shows infrastructure strength on RREEF fund

    21-Aug-2007

    SJ Berwin has underlined its commitment to the infrastructure sector, advising on the closing of RREEF Infrastructure’s latest fund.

  • Slaughters fails to save BA from price-fixing fine

    24-Aug-2007

    British Airways (BA), advised by Slaughter and May, yesterday pleaded guilty to price-fixing in the US, admitting to two counts of engaging in conspiracies with other airlines to fix prices of fuel surcharges on passenger and cargo flights.

  • Slaughters makes a killing

    24-Aug-2007

    When it comes to law firm financials we all know that profit per equity partner (PEP) is just one measure of many. But let’s face it – it’s still the most eyecatching.

  • Strike partner

    20-Aug-2007

    Here's the exclusive picture of Carlos Tevez signing for Manchester firm Brabners Chaffe Street after a long legal battle. Sports head Maurice Watkins is on his right with Manchester United FC CEO David Gill to his left. Taking up the rear are Tevez's agent and Brabners partner Matthew ...

  • Swiss court refuses Russian bid for Yukos assets

    24-Aug-2007

    The lawyers for beleaguered Russian oil company Yukos were given a boon yesterday by Switzerland’s highest court, which denied a request by the Russian Federation to access key bank documents.

  • The height of silly season

    22-Aug-2007

    It really is August, despite the rain.

  • Tube Lines starts search to replace departed GC

    20-Aug-2007

    Underground maintenance company Tube Lines is on the hunt for a new general counsel after previous legal head Nicola Geoghegan moved back to Australia.

  • United states

    20-Aug-2007

    The US is the undisputed biggest economy and legal market in the world, and politics is omnipresent.

  • US IP market hots up as law firms fight for talent

    20-Aug-2007

    Growing demand for patent litigation expertise has led to a goldrush for lawyers in the US.

  • Using your voice as a business tool

    20-Aug-2007

    Little emphasis is placed on the voice, but it can define and influence how you come across to others. When a client or colleague meets you for the first time, they make a judgment based on how you speak. Therefore it makes sense to invest time in making your voice sound professional and as you would like to have it heard.

  • Web week

    20-Aug-2007

    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 webweek@thelawyer.com.

  • Work Life Quiz: Hugh Peart, London Borough of Harrow

    20-Aug-2007