22 August 2005

The Lawyer

  • Deals round-up

    22-Aug-2005

    Skadden Arps Slate Meagher & Flom, led by Walter Henle and Matthias Jaletzke, has scooped its second deal for Apax Partners. The firm advised the private equity house on its sale of German restaurant chain Nordsee. Skadden won recent Apax work as a result of its four-partner raid on Baker & ...

  • 15 New Bridge St overturns bans on British football fans

    22-Aug-2005

    A district judge last month ruled that eight British football fans deported from Portugal during the Euro 2004 soccer tournament were not to be banned from attending future matches as they had not received fair trials. They would not have been able to clear their names if it were not for lawyers representing them on a pro bono basis.

  • Altheimer crash hit partners for $15m

    22-Aug-2005

    Coudert Brothers is the latest in a series of US firms to have disintegrated over the last two years. The Lawyer looks back over the passing of Altheimer & Gray, Brobeck Phleger & Harrison and Testa Hurwitz & Thibeault to see what lessons, if any, should have been learnt

  • Barclays finance director wooed by Eversheds

    22-Aug-2005

    Eversheds ended its hunt for a new finance director last Monday (15 August) when Claire Hafner, formerly of Barclays, joined the firm.

  • Batsman's no joker

    22-Aug-2005

    Last Thursday (18 August) saw Scotland's most capped cricketer ever take on the might (if that's the right word in these days of English cricket's renaissance) of the Aussies.

  • Bingham appoints LA mayor as of counsel

    22-Aug-2005

    Bingham McCutchen has boosted its West Coast practice with the hire of the former Los Angeles (LA) mayor and Californian secretary of education Richard Riordan.

  • Brighton schlock

    22-Aug-2005

    Spotted in Brighton last week: a tarot card reader advertising his corporate clients, which included that well-known international bunch of mystics Lovells.Strategic planning, perhaps?

  • Careers: In brief

    22-Aug-2005

    Half of UK law firms are failing to take basic safety measures against IT security threats, a poll has revealed. A survey of 100 UK firms by research company NOP World found that, while more than half of firms believe IT security threats were increasing, 40 per cent of those questioned did not operate or even know about disaster recovery plans for IT systems.

  • Careers: People

    22-Aug-2005

    Linklaters' Keith Johnson is moving to Hong Kong to take over from Asia managing partner Simon Davies as head of the office's corporate/M&A practice. Johnson was a member of Linklaters' Hong Kong corporate team in the mid-1990s, but later returned to Europe. The firm is also transferring Paul McNicholl from London to Shanghai to strengthen its corporate/ M&A practice. The pair are the sixth and seventh ...

  • CC boosts US securities team with Cahill Gordon hire

    25-Aug-2005

    Clifford Chance has hired Cahill Gordon & Reindel senior associate Michael Dakin as a partner in a bid to ramp up its US securities practice in London.

  • CC lands Deutsche Telekom deal

    22-Aug-2005

    Clifford Chance and DLA Weiss-Tessbach have won roles on the latest acquisition by German telecoms giant Deutsche Telekom.

  • CC retains City finance title

    22-Aug-2005

    Clifford Chance has upped its market share of the global finance market after a year of recovery.

  • CC reverses NY misery with capture of Winston partner

    22-Aug-2005

    Clifford Chance is looking to turn the tide on its shrinking New York office with the hire of real estate partner Howard Peskoe from US rival Winston & Strawn.

  • Centrica looks to Ashurst for advice on gas field gains

    22-Aug-2005

    Ashurst is advising longstanding client Centrica on its £318.6m acquisition of interests in four North Sea gas fields.

  • Claytons, Mallesons, Minter Ellison strengthen AMP roles

    22-Aug-2005

    Three of Australia's leading law firms have stre-ngthened their roles as key advisers to AMP following an overhaul of the group's panel of external advisers.

  • Clobber job

    22-Aug-2005

    For six years the travelling tailor service Dress2Kill has besuited the great and the good of London's City elite. From Freshfields to Pinsents via Merrill Lynch, and with many in between, professionals have stood in their offices with arms aloft as their vital statistics are taken in anticipation of a new whistle.

  • Coudert break-up begins as Orrick scoops China practice

    25-Aug-2005

    Orrick Herrington & Sutcliffe has pulled off a bold coup by scooping the majority of Coudert Brothers’ respected China practice.

  • Crest Nicholson sets up its first firm panel

    22-Aug-2005

    Crest Nicholson has launched its first formal legal panel, constructing a three-in-one panel formation to cover the different areas of the property developer's business.

  • DLA Piper heads queue set to plunder remains

    22-Aug-2005

    DLA Piper Rudnick Gray Cary looks set to be the first to pounce on Courdert's corpse. The world's fastest-growing firm is in advanced talks with Coudert Brothers' German and Belgian offices and has also had numerous discussions with partners throughout Asia.

  • DLA Piper in insurance fraud capture

    22-Aug-2005

    DLA Piper Rudnick Gray Cary's Birmingham office has hired a new head for its insurance claims fraud unit.

  • Downturn in Testa Hurwitz's core areas and lawyer departures spelt firm's end

    22-Aug-2005

    Testa Hurwitz & Thibeault announced its dissolution in January this year after suffering a series of body blows from which it could not recover.

  • End of an era: Coudert brings to a close its 152-year history

    22-Aug-2005

    US firm’s partnership votes for orderly dissolution after Baker & McKenzie talks collapse; 90-day deadline to sell assets

  • Finers hits back at LDA in row over payment of Olympic fees

    22-Aug-2005

    It is no great surprise to open up the papers and discover Mark Stephens' name, but the media-friendly head of international and head of media at Finers Stephens Innocent does not usually qualify as news himself. Not until this month, that is, when a bitter slanging match erupted after the London Development Agency (LDA), the body responsible ...

  • Firm profile: Spring Law

    22-Aug-2005

    Senior partner: Tim Perry Turnover: £650,000 Total number of partners: One Total number of lawyers: Eight Main practice areas: Dispute resolution Key clients: Mark Wilson and Tag Heuer Number of offices: One Location: London's West End "As the name suggests, we ...

  • Foley's Rico action comes a cropper in court

    22-Aug-2005

    US law firm Foley & Lardner and two of its partners have been ordered to pay $267,000 (£147,600) for helping a property developer file a "frivolous lawsuit" against critics of a controversial luxury development.

  • Freshfields boosts Permira links with billion-euro deal

    24-Aug-2005

    Freshfields Bruckhaus Deringer has shored up its relationship with private equity house Permira on the purchase of pan-European TV and radio broadcaster SBS Broadcasting.

  • Gibson Dunn ramps up in London with CC partner hire

    23-Aug-2005

    US firm Gibson Dunn has hired Clifford Chance partner Philip Rocher to establish a litigation capability in London for the first time.

  • Grapevine

    22-Aug-2005

    David Gold, Herbert Smith's senior partner, could be forced to step down or even leave the country come 2012 if the organisers of the London Olympics have their way.

  • High-level meetings

    22-Aug-2005

    News reaches Tulkinghorn Towers that airy and hairy IT guru Laurence Jacobs has encountered an unforseen problem since moving to Milbank from Allen & Overy last year.

  • It's worthwhile being versatile

    22-Aug-2005

    Flexibilty in staff hours can be advatageous to your law firm. Elizabeth Cruickshank reports

  • Joss Saunders: Oxfam

    22-Aug-2005

    Part lawyer, part campaigner. Oxfam’s Joss Saunders talks to Lorraine Cushnie about fair trade coffee bars, the tsunami and 1,000 lawyers

  • Latham scoops US IRS man for DC tax push

    24-Aug-2005

    Latham & Watkins has ramped up its Washington DC tax expertise with the hire of the deputy chief counsel of the Internal Revenue Service (IRS).

  • Legal Widow

    22-Aug-2005

    Like the cobblers whose children go unshod, lawyers are shocking at keeping their own affairs in order. You can guarantee that the personal injury specialists will forget their MOT, nixing their insurance, and every IT lawyer I know runs pirate software because they think the real thing's too expensive.

  • Linklaters instructed by lenders to Saudi banks

    22-Aug-2005

    Linklaters has advised several bank consortia on landmark loan facilities worth $1.98bn (£1.1bn) for Saudi financial institutions.

  • MacRoberts employment star quits for Brodies post

    22-Aug-2005

    Scottish firm MacRoberts lost another highly rated partner last week as Brodies announced the hire of emp-loyment partner Emma Bell.

  • Minter Ellison boosts HK with Richards Butler swoop

    24-Aug-2005

    Australian giant Minter Ellison has raided Richards Butler’s London arm, hiring employment specialist Pattie Walsh in a bid to bolster its Hong Kong presence.

  • Opinion

    22-Aug-2005

    Why the professional services exemption to the new Tupe should quietly be forgotten about

  • Orrick hires Lewinsky's adviser in Clinton battle

    22-Aug-2005

    Orrick Herrington & Sutcliffe has hired Monica Lewinsky's former lawyer Preston Burton, uniting him with former adversary and Bill Clinton adviser Lanny Davis in Orrick's Washington DC litigation department.

  • Parmalat's Bank of America claims curtailed by NY judge

    22-Aug-2005

    A New York federal judge in the Parmalat case has dramatically slimmed down the number of claims the Italian dairy giant can bring against Bank of America.

  • Partner exits, failed merger and debt killed off Brobeck

    22-Aug-2005

    Brobeck Phleger & Harrison fell apart in 2003 under the combined pressures of a mass exodus of partners, failed merger talks and a heavy debt burden.

  • PI Direct appeases Law Soc with law firm launch

    22-Aug-2005

    Claims handling group PI Direct has been forced to set up a new law firm so that it can comply with Law Society rules after winning a new contract from Hiscox Insurance Company.

  • Sidley scoops role on Kensington Mortgages' £400m securitisation

    22-Aug-2005

    Sidley Austin Brown & Wood has stated its intention to muscle in on longstanding Linklaters client Kensington Mortgages after assisting with a £400m mortgage-backed ...

  • Summer M&A bonanza sees deal values rocket by £100bn

    22-Aug-2005

    Clifford Chance has been the biggest winner after a boom in European M&A activity over the summer saw total deal value rocket by more than £100bn.

  • Taking care of business

    22-Aug-2005

    They used to have a backroom role. Not anymore. Emma Quinn on the rise and rise of the law firm finance director

  • The end of the line for Coudert

    22-Aug-2005

    Even at the end, Coudert partners couldn't bear very much reality. The conference call last week that decided the firm's fate had all the elements of high farce. In discussing the closure, partners were told not to mention the word 'dissolution'. (Or 'liquidation'. Or indeed any word that conveyed finality.) Instead, there was euphemism after euphemism, culminating in the splendid move to set up a 'special situations committee' to supervise the winding up of the business.

  • The work-life quiz

    22-Aug-2005

    Bryan Pickup, head of real estate, SJ Berwin

  • UK firms line up for Vioxx litigation

    23-Aug-2005

    A host of UK law firms are preparing to fight pharmaceutical giant Merck over its controversial painkiller Vioxx, following Friday’s (19 August) US ruling against the company.

  • UK100 results: Linklaters pulls ahead of CC to take top City spot

    24-Aug-2005

    Linklaters has posted revenues of £410m to take the number one position in London, overtaking Clifford Chance for the first time. Its UK figures represent an 8.3 per cent increase on last year’s results after a year when Linklaters’ corporate practice saw a dramatic recovery.Clifford Chance saw steady ...

  • Walkers fills top two BVI roles

    22-Aug-2005

    Offshore law firm Walkers has completed a management shake-up at its British Virgin Islands (BVI) office, appointing a new managing partner and a senior partner.