20 February 2006

The Lawyer

  • 199 Director starts up bar consultancy

    20-Feb-2006

    199 Strand's business development director Martin Griffiths is setting up a consultancy dedicated to advising the Bar when the set's dissolution completes at the end of this month.

  • A&O management revamp gathers pace

    21-Feb-2006

    Thirteen candidates are set to fight it out for just five places on Allen & Overy’s (A&O) management board.

  • After Basel: what 2006 holds for structured finance lawyers

    20-Feb-2006

    There are plenty of new revenue streams for City law firms, reports Lorraine Cushnie

  • As Cleary as mud

    20-Feb-2006

    Tulkinghorn would like to share with The Lawyer readers his pity for poor Alan Beller. The former director of the corporation finance division at the Securities and Exchange Commission (SEC) does not know where he is going. Can anybody help?

  • Ashurst tops City trainee pay league

    23-Feb-2006

    Ashurst has become the highest paying City firm for students, increasing its trainee maitenance grants to £7,500 for both Legal Practice Course (LPC) and Graduate Diploma in Law (GDL) students.

  • BA legal boss takes on a broader remit

    20-Feb-2006

    British Airways (BA) head of legal Maria da Cunha is set to extend her role following the departure of the director of government and industry affairs Andrew Cahn.

  • Battle of the Belgians

    20-Feb-2006

    The Belgian government is refusing to introduce new EU employee rules claiming that its existing laws are adequate. But as Eddy Lievens and Jurgen Goyvaerts report, the unions disagree

  • Bedell Cristin advises on Jersey's first PCC

    20-Feb-2006

    Jersey-based firm Bedell Cristin advised on the first-ever protected cell company (PCC) in the Channel Islands and completed the deal on the same day as the new legislation became law.

  • Blown out of all proportion

    20-Feb-2006

    The things poor lawyers have to deal with. At the P&O shareholder meeting to discuss the takeover by DP World, one irate chap stood up to make the well-observed and entirely rational point that, because the ports operator is based in Dubai, it therefore almost certainly has links to Al-Quaeda and therefore will almost certainly look to bomb the Channel Tunnel in order to increase the ferry company's profits.

  • Boring boring Slaughters

    20-Feb-2006

    Nigel Boardman's footie credentials are explored in-depth on page 16 of this issue. But what's this? It appears that, not content with representing Arsenal in the legal field, the firm may be tilting at putting together its own crack squad of players. Surely that can be the only reason for such a large Slaughters 'team' - it's the new Arsenal squad.

  • Brown Rudnick kicks off first round of hires in UK

    20-Feb-2006

    Boston-based Brown Rudnick Berlack Israels has become the latest US firm to launch an assault on the UK market, with plans to more than double the size of its UK presence by the year-end.

  • Burges Salmon restructures balance sheet due to LLP switch

    20-Feb-2006

    A change in the accounting procedures prior to limited-liability partnership (LLP) conversion led to capital contributions increasing to £3m on the balance sheet of South West firm Burges Salmon.

  • CC triumphs over rivals to defend Barclays against OFT

    20-Feb-2006

    Clifford Chance has cemented its ties with Barclays by bagging the key mandate to advise the bank on the Office of Fair Trading (OFT) investigation into bank services to small businesses.

  • CC woos neighbour Barclays

    20-Feb-2006

    Clifford Chance winning the job to advise Barclays on the OFT UK inquiry is not just a simple pitch story. It's so, so much more significant than that.

  • CEO steps down as ASB ponders management restructure

    20-Feb-2006

    The chief executive of South-East firm ASB Law is stepping down after five years in the job to pursue other interests.

  • Cleary and Davis Polk grab key roles on BK IPO

    22-Feb-2006

    New York-based Davis Polk & Wardwell and Cleary Gottlieb Steen & Hamilton advised on the $400m (£229m) Burger King IPO on the New York Stock Exchange announced on Thursday (16 February).

  • Clydes scores hat trick of new partner signings

    20-Feb-2006

    Clyde & Co has made a triple partner hire in one week, raiding rival firms Stephenson Harwood and Kennedys

  • Colemans-ctts and Trafford Law Centre provide free debt advice

    20-Feb-2006

    Manchester-based firm Colemans-ctts and the Trafford Law Centre launched a pro bono clinic in late January to provide debt advice for the local community.

  • Conflicts at Freshfields and Shearman let in Cravath on £20bn E.On bid

    22-Feb-2006

    German power company E.On has chosen Cravath Swaine & Moore ahead of regular advisers Freshfield Bruckhaus Deringer and Shearman & Sterling for its EUR29.1bn (£19.9bn) rival bid for Spanish power producers Endesa.

  • Crutes installs new management team

    20-Feb-2006

    North-east insurance litigation specialist Crutes has replaced its entire management, with both Stephen Crute, managing partner since 1995, and chair Tim Wallis stepping down.

  • Davis Polk partner takes over Morgan Stanley team

    20-Feb-2006

    Morgan Stanley has landed a new head of litigation from Wall Street firm Davis Polk & Wardwell.

  • Deals comment

    20-Feb-2006

    DP World triumphs in P&O bid

  • Deals roundup

    20-Feb-2006

    Portugal Telecom looks to Iberia giants to fend off bid

  • Deepak Malhotra: InBev

    20-Feb-2006

    International brewer InBev is aiming to consolidate its panel line-up into a select group of specialist advisers. Jon Parker meets Western Europe general counsel Deepak Malhotra

  • DLA Piper chief executive joins millionaires' club

    20-Feb-2006

    DLA Piper Rudnick Gray Cary's first set of UK limited-liability partnership (LLP) accounts show that Nigel Knowles made it into the millionaires' club last year.

  • EU disputes granted choice of state law

    20-Feb-2006

    Business partners from different EU countries will be able to agree which national law will apply in future disputes in advance under reforms proposed by the European Commission.

  • Euro vision

    20-Feb-2006

    Societas Europaea, a new EU company status, can offer firms flexibility and potential cost savings. But as Dirk Van Gerven and Elke Janssens report, there are downsides that need to be taken into account

  • FFW scores Hennes & Mauritz on Middle East franchise plan

    20-Feb-2006

    Field Fisher Waterhouse (FFW) has landed its first role acting for Hennes & Mauritz (H&M) on a multimillion-pound franchising deal in the Middle East.

  • Fighting talk from Harris as Latham confirms Lovells raid

    24-Feb-2006

    Lovells managing partner David Harris has vowed to stop the rot after Latham & Watkins confirmed the appointment of two partners from Lovells’ tax practice, first revealed by www.thelawyer.com (21 February).

  • Firm profile: Follet Stock

    20-Feb-2006

    Forget whatever impression you have of law firms in Cornwall, because five-partner firm Follet Stock is bound to turn it on its head. The 16-year-old Truro firm has sent shockwaves through the local legal market since it was established with its modern, confident and forthright style.

  • Fish & Richardson

    20-Feb-2006

    Boston-based firm Fish & Richardson has undergone a raft of changes in the past 20 years.

  • Freshfields to kick off female buddy scheme

    20-Feb-2006

    Freshfields Bruckhaus Deringer is set to roll out a radical mentoring scheme for its female associates in a bid to bolster the number of female partners at the firm.

  • FSA restructures with new enforcement group heads

    23-Feb-2006

    The Financial Services Authority (FSA) has appointed two new heads of department as the Authority continues to restructure its enforcement group.

  • Ginestié and Jeantet enjoy lucrative 2005

    20-Feb-2006

    French independents JeantetAssociés and Ginestié Magellan Paley-Vincent are both celebrating successful years, as firms in Paris begin to announce their 2005 financial results.

  • Grapevine

    20-Feb-2006

    Paul Hastings' property dept down in the dumps

  • Grupo Ferrovial's attempted takeover sees target BAA turn to A&O for advice

    20-Feb-2006

    Allen & Overy (A&O) has scooped a mandate to advise BAA on the £2bn bond issue that is at the centre of Grupo Ferrovial's potential takeover of the UK-listed airports operator.

  • Hammonds, Rosenblatts lock horns in media battle

    20-Feb-2006

    Hammonds and Rosenblatt Solicitors are defending the rival interests of advertising giant WPP and newspaper group Northern & Shell in multimillion-pound actions.

  • Hill Dickinson senior partner gets five more years

    22-Feb-2006

    Hill Dickinson’s senior partner Tony Wilson has been reelected in an uncontested election for a second five-year term.

  • Hunton lures Diageo GC as new managing partner

    23-Feb-2006

    Hunton & Williams has taken the unusual step of appointing its new managing partner from outside the firm, luring former litigation partner Wally Martinez from global drinks giant Diageo.

  • In brief

    20-Feb-2006

    Recruitment consultancy Hudson has teamed up with EmployersFriend to launch an internet service providing advice on developing employment procedures. The website, www. employersfriend.com, is targeted at small and medium-sized businesses and includes advice on health & safety, redundancy, tribunals and outsourcing.

  • International eye: Germany

    20-Feb-2006

    Lorraine Cushnie on the month in Germany

  • Juve wins right to publish lawyer rankings

    20-Feb-2006

    In a significant development for press freedom in Germany, Cologne-based legal publisher Juve has won a battle allowing it to publish rankings of lawyers in its directory.

  • Kelley Drye, Collier to merge

    20-Feb-2006

    New York-based firm Kelley Drye & Warren and Washington DC's Collier Shannon Scott are expected to reach a merger agreement within the next week.

  • Kelly Drye and Collier sign merger deal

    23-Feb-2006

    New York-based Kelley Drye & Warren and Washington DC’s Collier Shannon confirmed their merger yesterday (February 22).

  • LA boutique raid adds to Holland & Knight upheaval

    22-Feb-2006

    LA firm Luce Forward Hamilton & Scripps has poached a ten-lawyer estate and trust team from as Holland & Knight continues its slimming.

  • Latham swoops for Lovells tax team

    21-Feb-2006

    Latham & Watkins’ City arm is poised to raid Lovells’ tax practice.

  • Legal Widow

    20-Feb-2006

    The Lawyer is preparing for the equity interview, a daunting task he compares to trying to make a group of pirates, who have never shown the slightest bit of interest in the people who row their boat, so enthusiastic about one single galley slave that they share out the treasure with him.

  • Lewis Silkin hires radio legal head in media push

    20-Feb-2006

    Lewis Silkin has bagged former Capital Radio legal head Cliff Fluet as a partner in its media, brands and technology group.

  • Manches' LLP accounts reveal debt hike of £1m

    20-Feb-2006

    Bank loans and overdrafts of £3.7m off a turnover of £23.5m are revealed in the limited-liability partnership (LLP) accounts filed by Manches for the period ending 31 December 2004. Debts increased by nearly £1m from 2003, when they stood at £2.7m.

  • Merger costs created profit drop at Lawrence Graham

    20-Feb-2006

    Lawrence Graham" /Lawrence Graham shelled out almost £400,000 in costs associated with its merger with Tite & Lewis during the 2004-05 financial year, The Lawyer can reveal.

  • Mummy's joy

    20-Feb-2006

    Tulkinghorn always suspected he was bad, but just how bad was unclear. Until last week, that is. Bird & Bird telecoms specialist Rhys Williams is known as one of the meanest, roughest, toughest lawyers in the City. Well, Holborn. Well, okay, Fetter Lane.

  • NatWest Three lose High Court extradition appeal

    21-Feb-2006

    West End firm Jeffrey Green Russell has lost an attempt to prevent the extradition of three former NatWest bankers to the US on Enron-related fraud charges.

  • New head of legal at TV company following FFW raid

    21-Feb-2006

    Television production company Lion Television has appointed Susan Cooke its new director of legal and business affairs.

  • Norton Rose banking chief announces group overhaul

    20-Feb-2006

    Norton Rose's new global head of banking Stephen Parish is planning a wholesale restructure of the firm's banking practice in an effort to put its recent troubles behind it.

  • Opinion

    20-Feb-2006

    In-house legal functions can be subject to directors’ whims, but this can be at the expense of efficiency

  • Paul Hastings swoops for US trio to bolster Hong Kong arm

    20-Feb-2006

    Paul Hastings Janofsky & Walker's Asian arm has launched its second raid on US firms in three months, poaching three senior finance lawyers for its Hong Kong office.

  • People

    20-Feb-2006

    Davies Arnold Cooper has hired Mark Collins as knowledge management partner in London from Herbert Smith. Sonia Bustos and Sharron Carle also join as real estate associates.

  • Power struggles

    20-Feb-2006

    US firms are dominating international projects. David Middleton asks: are the UK firms doomed?

  • Premiership player

    20-Feb-2006

    Slaughter and May partner Nigel Boardman is one of the best-known M&A dealmakers in the City. So why turn into a sports lawyer? By Husnara Begum

  • Pronunciation regulator (PR)

    20-Feb-2006

    The inaugural award for the most counterproductive PR person at a law firm goes to Ashurst's Ibrahim Kamara for correcting Tulkinghorn on the pronunciation of another PR's name. Apparently, it's Cor-ee-na, not Cor-inn-a, Turtle (that's Turr Tell, everybody). Thanks Ibrahim, loving your work.

  • Rise of the contract fillers

    20-Feb-2006

    Melanie Healy reports on the reasons behind the growth in popularity of using contract lawyers

  • Separated at birth

    20-Feb-2006

    He was the Guv'nor. The self-styled hardest man in Britain. For years, Lenny McLean was known as the UK's most fearsome bareknuckle boxer, undefeated in some 3,000 fights. In later life he began a new career as an actor, with a defining role in Lock, Stock and Two Smoking Barrels. Now it's his alter ego,

  • Shepherds boss takes up partner role at DLA Piper

    20-Feb-2006

    DLA Piper Rudnick Gray Cary has snared Hazel Moffat, head of the regulatory group of Shepherd & Wedderburn, for its Edinburgh office.

  • Sidley lures DLA Piper team in UK insurance push

    20-Feb-2006

    Sidley Austin is preparing to open a London-based insurance practice with a team of four lawyers recruited from DLA Piper Rudnick Gray Cary.

  • Singapore's new competition laws attract Western lawyers

    20-Feb-2006

    Like bees to a honeypot, foreign law firms and barristers' chambers are swarming in to Singapore to secure new competition work after anti-monopoly laws were introduced last month.

  • SJ Berwin partner drawn into Compere conflicts row along with Herbies' Rosen

    20-Feb-2006

    SJ Berwin has been sucked into the conflicts row involving Herbert Smith advocacy head Murray Rosen QC.

  • Skadden and Sullivan bag $16bn BlackRock roles

    20-Feb-2006

    Manhattan-based firms Sullivan & Cromwell and Skadden Arps Slate Meagher & Flom advised on the $16bn (£9.2bn) mega-merger of Merrill Lynch’s asset management business and BlackRock, the fixed income manager.

  • Split decisions

    20-Feb-2006

    Big money divorce cases are in the spotlight as two appeals await rulings from the House of Lords. Both cases raise serious issues for family law practitioners, says Alison Bull

  • The Midlands

    20-Feb-2006

    Donna Sawyer on the month in the Midlands

  • The work-life quiz

    20-Feb-2006

    John Wells, president, the Institute of Legal Executives

  • Trading body to rule on Heinz bid for HP

    20-Feb-2006

    Heinz will find out this week if its decision to sideline its lead legal adviser Clifford Chance has paid off, with the Competition Commission set to release its judgment on the company's takeover of HP Foods Group.

  • Trustees: a new dawn

    20-Feb-2006

    The laws that guide trustees on managing investment risks have changed to reflect todays’s economic landscape. But professional advice is key, say Glen Gilson and Alison MacNeil

  • Visa displeaser

    20-Feb-2006

    Tulkinghorn was chatting to a young Australian associate from Herbert Smith the other day and up cropped the perennially problematic issue of visas and how difficult it is to get one. "Lucky for you," said Tulkinghorn, "that you have the might of Herbert Smith's immigration specialists to assist you with your application."

  • Watson Burton Leeds expansion hits profits

    20-Feb-2006

    North East firm Watson Burton has published its first statement since becoming a limited-liability partnership (LLP) last year, showing that turnover is up but equity partner profit is down.

  • West Coast raid boosts Bingham securities litigation

    21-Feb-2006

    Bingham McCutchen boosted its Orange County office with three new securities litigation partners from a local rival Stradling Yocca Carlson & Rauth.