Linklaters has lost its position at the top of the European M&A league tables after figures based on value for the first half of 2005 saw the firm drop two spots. Figures released by Mergermarket saw Clifford Chance trump its magic circle competitor by jumping two spots to swap positions with Linklaters, after advising on […]
Simmons & Simmons has beaten its already confident predictions on financial performance after confirming a final profit per equity partner (PEP) hike of 40 per cent. Final calculations for the 2004/05 financial year have revealed that Simmons’ average PEP reached £385,000, up from £275,000 in 2003/04. This was a further rise from the firm’s projected […]
Virgin has raided fierce rival British Airways for a new group legal director. Virgin has raided fierce rival British Airways for a new group legal director. Ian Wood, who will be joining Virgin in August, is succeeding Helena Samaha, who left the group earlier this year and subsequently joined DLA Piper Rudnick Gray Cary as […]
Mayer Brown Rowe & Maw and niche West End firm Barker Gillette have taken leading roles in this week’s employment tribunal claim brought by former Football Association (FA) PA Faria Alam. Mayer Brown employment partner Nicholas Robertson is advising the FA in its defence of Alam’s claims, which include constructive unfair dismissal, sex discrimination and […]
King & Spalding’s head of private equity William Spalding has quit the firm to join to join client Caremark. Spalding, who is no relation to the Atlanta, Georgia-based firm’s founder, joins the leading pharmaceutical company as executive vice president, strategic development. “Bill has been our contact at K&S and I have worked with him on […]
Lovells is today (22 June) celebrating a Court of Appeal victory on behalf of the liquidators of the Bank of Credit & Commerce International (BCCI) against the Bank of India (BoI). The court has upheld a March 2004 decision by Mr Justice Patten which found that BoI had knowingly participated in BCCI’s fraudulent trading. It […]
Clifford Chance has released its long-awaited lockstep review to all partners this week, with recommendations for three distinct equity ladders. The lockstep review, part of a long-running debate at the magic circle firm on profit share-out among equity partners, was launched several months ago and is being led by real estate head Cliff McAuley. As […]
Clifford Chance has bolstered its Spanish practice with the lateral hire of two partners. Jaime Velázquez Vioque, a specialist in CMT and venture capital funds, joins the Barcelona office from Allen & Overy where he was head of the public law and regulated sectors. He will head up Clifford Chance’s corporate and finance practice in […]
Osborne Clarke has shored up its relationship with Regal Petroleum by advising the embattled oil exploration group on the legal minefield created by the discovery of a secret agreement to sell the group’s Ukrainian gas assets. Corporate partner Jonathon King is advising Regal following the revelation earlier this week that former chairman Frank Timis’ had, […]
Sir Hugh Laddie, the senior judge of the Patents Court, will be joining Willoughby & Partners as a consultant on his retirement from the High Court bench in the Autumn. Mr Justice Laddie will head the firm’s embryonic IP arbitration and mediation practice and support its growing patent practice, as well as playing a more […]
US law firm Dorsey & Whitney is transferring senior US partner Paul Klaas to London to head up the firm’s City office following the retirement of incumbent head John Byrne. Klaas, who currently oversees the firm’s trial group and is co-chair of the international arbitration and litigation practice and a member of the firm’s management […]
A goat-farming couple yesterday emerged victorious from their negligence action against South East firm Brachers. Mr and Mrs Browning took their case to the Court of Appeal earlier this year. They were attempting to raise the value of a High Court order given in 2004, when Mr Justice Jack awarded them £46,357 plus interest after […]