21 July 2008

The Lawyer

  • 8100 Pearls before swine

    21-Jul-2008

    While most lawyers symbiotically fused with their BlackBerrys generations ago, Clifford Chance partners and associates are less keen on them. After all, they haven’t received an upgrade for years and are still stuck on the chunky, blue and plasticky BlackBerry 8700 series.

  • A question of sports

    21-Jul-2008

    Tulkinghorn believes you can tell a lot about a law firm by looking at its sports teams, and the Legal Fives tournament held a few weeks ago turned out to be a mine of information.

  • A&O, slaughters win bank takeover roles

    21-Jul-2008

    Slaughter and May and Allen & Overy (A&O) have bagged lead roles on Banco Santander’s £1.25bn recommended offer for Alliance & Leicester. Slaughters corporate head Frances Murphy is leading the advice for Santander as part of an integrated team that includes Uría Menéndez in Spain and

  • Alston & Bird lands IndyMac role

    23-Jul-2008

    Atlanta-based Alston & Bird is advising on issues surrounding collapsed US bank IndyMac.

  • Anglo-Saxon firms dominate France's top 30

    21-Jul-2008

    Anglo-Saxon firms have fared better in France than in other European jurisdictions, according to a table of financial results from French legal publication Juristes Associés.

  • Bakers wins Narnia domain name battle

    24-Jul-2008

    Baker & McKenzie has prevailed over a Scottish family in a fight over the narnia.mobi domain name, after a decision from the World Intellectual Property Organisation (WIPO).

  • Barristers spread the legal word to Kabul

    21-Jul-2008

    Training legal practitioners may not sound like a dangerous task, but for the Bar Council’s human rights committee it has been far from safe.

  • Bevan Brittan makes Brum chief redundant

    25-Jul-2008

    Bevan Brittan makes Brum chief redundant" /Bevan Brittan is to shake up management of its Birmingham office following the redundancy of it current office head Sharon McCann, The Lawyer can reveal.

  • Bevan Brittan to vote on shake-up as PEP drops

    21-Jul-2008

    Restructure plan to move chief exec Whitfield to client-facing role; non-lawyer slated to take over

  • Blake Lapthorn

    21-Jul-2008

    Blake Lapthorn" /Five years ago the management of South East firm Blake Lapthorn Tarlo Lyons came up with a plan for expansion.

  • BLG scoops lead role in Menezes inquiry

    23-Jul-2008

    Barlow Lyde & Gilbert (BLG) has been appointed the solicitors to the inquest into the death of Jean Charles de Menezes, the Brazilian shot dead by London police.

  • BLP adds regulatory might with A&O hire

    21-Jul-2008

    Berwin Leighton Paisner (BLP) has signalled its ­commitment to its financial services regulatory team with the hire of Allen & Overy (A&O) partner ­Sidney Myers.

  • Bright spark

    21-Jul-2008

    Chambers’ summer parties are an important part of the Bar calendar for two reasons: barristers can get their clients drunk and clerks can show off the scale of their entertainment budget to other clerks.

  • Brodies forms standalone banking and finance group

    21-Jul-2008

    Brodies forms standalone banking and finance group" /Scottish firm Brodies has created a standalone banking and financial ­services department as part of a revamp of its leadership group.

  • Cains targets East’s emerging markets with Singapore office launch

    21-Jul-2008

    Offshore firm Cains has opened an office in Singapore with a three-strong team, creating a base from which to serve its Asian clients.

  • CC sends funds team to Dubai

    21-Jul-2008

    Clifford Chance has highlighted the Middle East’s importance to the firm’s ­bottom line by relocating a funds team to the region.

  • CC, Links bolster São Paulo offices

    21-Jul-2008

    Magic circle firms Clifford Chance and Linklaters have underscored their commitment to Latin America by ramping up their capabilities in São Paulo.

  • Clifford Chance and Lovells close blueprint SIV restructuring

    25-Jul-2008

    Clifford Chance and Lovells bagged lead roles on the restructuring of the distressed $6bn (£3bn) Cheyne Finance structured investment vehicle (SIV), as it was formerly known.

  • Correction

    21-Jul-2008

    In last week’s issue of The Lawyer (14 July), a feature entitled ‘Closing time’ stated incorrectly that Candu Entertainment is, or was, the operator of the Po Na Na family of bars. As a spokesman for Eclectic Bars pointed out: “Po Na Na and its associated bar brands Bondi, Embargo, Sakura and Fez are all in rude health and are operated successfully by Eclectic Bars, as they have been for some years.” The spokesman added: “The error was brought to our attention by one of our many customers, ...

  • Covington launches first Asia office

    23-Jul-2008

    US law firm Covington & Burling has launched its first office in Asia today (23 July), with its former management chair Stuart Stock heading the team in Beijing.

  • Cut off in their prime

    21-Jul-2008

    Tulkinghorn has observed that the great city of London has not been too kind to poor old US firm Howrey. The firm has had to change its tactics in the big smoke to get noticed, and the office has seen partners coming in and out of its doors as if it were a City strip club.

  • Daniel Winterfeldt: Simmons & Simmons

    21-Jul-2008

    If you weren’t a lawyer, what would you have been?A psychiatrist (insert joke here).

  • Davis Polk and Latham lead on Roche megadeal

    22-Jul-2008

    A duo of US firms have snared lead roles on Swiss pharmaceutical group Roche's $43.7bn (£21.88bn) bid for US drug giant Genentech.

  • Dechert takes Tyco GC for governance push

    23-Jul-2008

    Dechert has hired former Tyco general counsel to bulk up its corporate governance and regulatory capabilities in the US.

  • Dewey’s ex Paris head sets up litigation boutique

    21-Jul-2008

    The former head of Dewey & LeBoeuf’s Paris office, Olivier Laude, has set up a litigation and white collar crime boutique.

  • Dickinson Dees becomes latest downturn victim with 70 redundancies planned

    21-Jul-2008

    Dickinson Dees is the latest firm to launch ­redundancy talks, entering ­consultation with three of the four departments in its volume business.

  • Downturn proves a boom time for career coaches

    21-Jul-2008

    One of the curiosities of any downturn is that there is always someone, somewhere making a buck. And no, it is not just the short sellers. ­Laying off associates? Looking to ‘redeploy’? Enter the career counsellor.

  • Everyone’s talking about Heller

    21-Jul-2008

    Last week the merger rumour mill ­surrounding US firms went into overdrive.

  • France's Gide seeks trainees in the City

    22-Jul-2008

    French law firm Gide Loyrette Nouel is to hire trainee solicitors in London for the first time in a bid to bolster its burgeoning City arm.

  • Freshfields insists it’s business as usual after student’s theft

    21-Jul-2008

    As white-collar crime goes, 19-year-old Titilayo Olaifa’s theft while on work experience at Freshfields Bruckhaus Deringer is small potatoes. Nevertheless, by managing to steal £13,500 and attempting to steal £46,500 ...

  • Glaxo turns to Sidley for new GC

    23-Jul-2008

    GlaxoSmithKline (GSK) has hit the US for its new general counsel, hiring Sidley Austin life sciences partner Dan Troy after a seven month search.

  • Growth slows at Four Pump, 2-3 Gray’s Inn

    21-Jul-2008

    Four Pump Court and 2-3 Gray’s Inn Square have both posted 7 per cent increases in turnover over the past financial year, although both sets saw their growth rates reduce from the ­previous year’s.

  • Hammonds client scores £17bn Sellafield contract

    21-Jul-2008

    Hammonds has pulled off a coup in the nuclear sector by advising the winning bidder on the £17bn decommissioning of Sellafield.

  • Home Group announces new panel tender

    21-Jul-2008

    Housing charity Home Group has invited firms to tender for its residential property work. The charity is creating a new panel for the work. Its current general panel members include ­Dickinson Dees, Eversheds, Sharratts and Trowers ...

  • Howrey’s Lords patent win for Angiotech sets new IP precedent

    21-Jul-2008

    Howrey’s burgeoning UK intellectual property (IP) practice has scored a valuable patent win for biotechnology ;client Angiotech against Conor Medsystems in the House of Lords.

  • Jumeirah panel invited to Dubai get-together

    21-Jul-2008

    Dubai-based Jumeirah Group is following in the footsteps of major UK ­corporates such as BT and Sainsbury’s by bringing together its panel firms for a conference.

  • Junior lawyers division elects commitee

    21-Jul-2008

    The Law Society’s junior lawyers division has elected a new ­executive committee. Nortel in-house counsel Kat Gibson has been re-elected as chair, with Gordons associate Heidi Sandy voted in as vice-chair. The rest of the committee will be made up of Addleshaw Goddard trainee Simon Baker, Thaliwal Bridge ­Solicitors trainee Akeela Bharuchi,

  • Kaplan buys Altior to boost law firm links

    25-Jul-2008

    Kaplan Professional, the company behind Nottingham Law School's London arm has taken over Altior in a bid to boost its post-qualification legal training offering.

  • Kaye Scholer bulks up US operations

    21-Jul-2008

    Kaye Scholer has beefed up its US presence with a number of hires in New York and Los Angeles.

  • Keir Starmer QC appointed DPP

    25-Jul-2008

    Doughty Street Chambers’ joint head Keir Starmer QC has been appointed the next director of public prosecutions (DPP), the attorney general Baroness Scotland announced today (25 July).

  • LG and Trowers break inflation barrier with trainee pay rises

    21-Jul-2008

    LG and Trowers & Hamlins have increased their trainee solicitor salaries by inflation-busting rates, although first-year trainees are still paid marginally less than the industry average.

  • Linklaters says: take a BlackBerry break

    21-Jul-2008

    Linklaters says: take a BlackBerry break" /Linklaters has given its ­partners and associates yet another three-line whip, this time demanding that they leave their BlackBerrys at work when on holiday.

  • Links creates first head of Asia competition group

    21-Jul-2008

    Linklaters has shaken-up its competition and antitrust practice, moving partner Erik Söderlind from Sweden to Hong Kong to become the firm’s first head of competition and anti-trust for Asia.

  • Lovells in China: Sino the times

    21-Jul-2008

    When Lovells forged an alliance with Chinese firms based outside the major centres of Beijing, Hong Kong and Shanghai it created something rather different. Almost a year on its members are bullish about their prospects

  • Magic circle trio in on £26bn drinks deal

    21-Jul-2008

    Three magic circle firms have scored plum roles on the financing of InBev's $52bn (£26.12bn) acquisition of US drinks company Anheuser-Busch, the makers of ­Budweiser beer. Allen & Overy (A&O) secured bank mandates advising BNP Paribas, Deutsche Bank and JPMorgan on Anheuser-Busch's financing.

  • Maitland hire adds to property offering

    21-Jul-2008

    Maitland Chambers has poached 9 Stone Buildings senior junior James Hanham to ramp up its property ­capability. Hanham, who was called to the bar in 1996, becomes the latest in a line of barrister moves at the junior bar end. Maitland chief executive Robert Graham-Campbell said: “With the ­outlook for litigation generally so much more positive than in ...

  • Met Police panel rejig sees 13 firms collared

    21-Jul-2008

    The Metropolitan Police has overhauled its legal panel, with Bircham Dyson Bell, Burges Salmon and Eversheds among 13 law firms to win places.

  • Moves roundup: 21 July 2008

    21-Jul-2008

    McDermott Will & Emery has hired ­Gregory Mocek, the former director of enforcement at the US Commodity Futures Trading Commission, as partner in the firm’s energy derivatives market practice in Washington DC. Mocek will also work out of the firm’s London office.

  • Nabarro strengthens corporate and banking

    21-Jul-2008

    Nabarro has called on the silver circle for its latest lateral hire, signing up ­Travers Smith corporate partner Alasdair Steele.

  • New legal regulator’s membership revealed

    21-Jul-2008

    Irwin Mitchell senior partner Michael Napier QC and former Reuters general counsel Rosemary Martin are among the first members of the newly appointed Legal Services Board (LSB).

  • OFT appoints new GC

    25-Jul-2008

    The Office of Fair Trading has promoted former Slaughter and May lawyer Frances Barr to the roles of general counsel and head of legal profession at the watchdog.

  • Opinion: High oil prices are fuelling the flames of energy disputes

    21-Jul-2008

    Disputes lawyers sit with sharpened ­pencils waiting impatiently for the full force of the fallout from the credit crunch. As thumbs are twiddled, a torrent of ­disputes has already started in the energy sector. Across the world disputes are being fuelled by the unsettling effects of the high price of oil.

  • PI lawyers slam MoJ’s claims reforms

    22-Jul-2008

    Personal injury (PI) lawyers have slammed the Ministry of Justice for its failure to implement far-reaching reform of the claims process.

  • Popularity rising

    25-Jul-2008

    Popularity rising 25-July-2008The papers are having a field day on the Mosley, spanking and privacy case, but even we were surprised at the Daily Mail's decision to devote an entire double page spread trying to find something bad to say about Mr Justice Eady.

  • Professional negligence

    21-Jul-2008

    October will see the end of the solicitors’ professional indemnity (PI) insurance season, when lawyers will again benefit from low insurance rates. Lawyers are being warned, though, of an imminent rating correction.

  • Professional negligence: An uncivil action

    21-Jul-2008

    A forthcoming Lords decision in the case of Moore Stephens v Stone & Rolls could well see auditors better protected from spurious claims.

  • Professional negligence: Getting well soon?

    21-Jul-2008

    Changes to the way the medical profession is regulated are being brought in for good reasons – but concerns about how they will be implemented still remain.

  • Professional negligence: mortgage fraud

    21-Jul-2008

    In the field of professional liability, mortgage fraud and claims against professionals arising from it remain the topics of the moment.

  • Professional negligence: Troubled indemnity

    21-Jul-2008

    Competition among insurers for legal firms’ business has rarely been fiercer, but the pressure this is putting on underwriters’ rates means some will soon have to walk away from the professional indemnity insurance market altogether, warns Steve Holland

  • Putsch up or shut up

    21-Jul-2008

    When is a partnership putsch not a putsch?

  • Retirement age appeal gets tribunal hearing

    21-Jul-2008

    Thames Valley firm BP Collins has brought a case in the Employment Appeal Tribunal (EAT) that could have ;implications ;for lawyers wanting to work beyond ;the ;statutory ­retirement age.

  • RPC offloads Tiverton base to Kennedys

    22-Jul-2008

    Reynolds Porter Chamberlain (RPC) is to hand its Tiverton office to insurance rivals Kennedys as a going concern.

  • Scotland

    21-Jul-2008

    Scottish firms have faced a real dilemma in recent years: enter the London market to tap a larger pool of clients or stay firmly committed to the domestic Scottish market.

  • SFO aims for ‘prevention better than cure’ approach

    21-Jul-2008

    The Serious Fraud Office (SFO) is set for ­radical change that will see the government department move further away from prosecuting fraudsters.

  • SFO must swallow its medicine after falling short in NHS price-fixing case

    21-Jul-2008

    To join the debate on the Law Lords upholding the SFO's decision to drop the BAE bribery probe, click here. ------------------------------------------------------------

  • Simmons coordinates global bonus packages

    21-Jul-2008

    Simmons & Simmons is rolling out a new bonus structure for all non-equity partners ;in ;a ;bid ;to ­harmonise remuneration across its global network.Salaried partners will now be given a reward of between 20 and 50 per cent of annual pay, depending on personal appraisals.

  • Somerfield uses Kirkland for £1.57bn takeover by Co-op

    21-Jul-2008

    Kirkland & Ellis has muscled in on the Co-op’s £1.57bn takeover of Somerfield, winning a mandate from former Linklaters client Somerfield.

  • SRA hikes minimum salaries

    21-Jul-2008

    The Solicitors Regulation Authority (SRA) has raised minimum trainee solicitor salaries by 4.3 per cent across the board, in line with inflation.

  • Stateside shorting rules cause havoc for lawyers

    22-Jul-2008

    Emergency guidelines aimed at tightening the rules surrounding the short selling of US stocks and clamping down on financial market rumour mongerers left lawyers and their clients scrambling to comply yesterday (Monday 21 July).

  • Steeles beats Farrers in Mosley orgy case

    24-Jul-2008

    Norfolk-based firm Steeles Law has won Formula 1 chief Max Mosley £60,000 in damages after suing the News of the World for breach of privacy.

  • Steve Moorhouse, Home Group legal

    21-Jul-2008

    If home is where the heart is, affordable housing is where Home Group legal chief Steve Moorhouse wants to be.

  • Taylor Wessing realises Beijing dream

    21-Jul-2008

    Taylor Wessing has opened its long-planned Beijing office after receiving its operating licence from the Chinese ­authorities last month. The base will be headed by the firm’s international China group head ­Florian Ranft and partner Christoph Hezel, assisted by two ­associates.

  • Thistle stop

    21-Jul-2008

    Claims that Scotland’s economy is less robust than England’s may have prompted some legal talent to head south of the border – but today’s figures tell a different story

  • Thomas Eggar moves 17 lawyers to Southampton

    23-Jul-2008

    Southeast firm Thomas Eggar is to move six partners and 11 fee-earners to its new Southampton office from early September.

  • Travers resigned to harder times

    21-Jul-2008

    Travers Smith managing partner Chris Carroll has predicted more woe for M&A lawyers after the ­corporate-heavy firm saw its average profit per equity partner (PEP) fall by more than 7 per cent last year.

  • Trick question

    21-Jul-2008

    Sure, they might be some of the City’s best-paid lawyers, but how many magic circle lawyers can actually do magic? Very few, Tulkinghorn wagers.

  • US firms braced for slump in half-year revenues

    21-Jul-2008

    US firms are preparing their partners for sinking revenues as they take stock of their financial progress at the half-year stage.

  • Walker Morris retrains lawyers in insolvency

    21-Jul-2008

    Leeds firm Walker Morris is attempting to ride out the effects of the downturn by retraining 30 corporate, banking and property lawyers in insolvency law.

  • Web Week

    21-Jul-2008

    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