24 July 2006
Paul Hastings Janofsky & Walker's real estate practice may be struggling more than at first feared. It is no secret that the US firm has been battling to develop as strong a UK real estate capability as the firm's notable US practice, especially following the departures of partners Jeffrey Bailey and Nigel Heilpern to
Media firm Michael Simkins has hired Tim Curtis as a partner in the firm's film and television group. He was previously a name partner at niche media firm Harrison Curtis.
The revamped silks system looks safe for another year after its first run produced a list of QCs broadly welcomed by the litigation market.
The Allen & Overy and Sidley Austin debt teams have dominated the European capital markets during the first half of 2006.
Allen & Overy (A&O) has secured a £75m bank facility to help cover the cost of its new offices at Bishops Square.
Addleshaw Goddard has won a House of Lords case with significant implications for the 'without prejudice' rule.
Akin Gump Strauss Hauer & Feld has signed on for new office space in downtown New York, setting a new Manhattan record for rent and giving the firm an annual rent bill of more than $20m.
How's this for a bargain? Apparently SJ Berwin is turning tour operator and offering clients an all-expenses-paid golfing trip out to Spain. The catch? You have to spend £1m with the firm in 12 months. Do that and you get to go for free. If you spend less, you have to pay a share of the costs if you want to go.
Ashurst has acted for Imperial College, London, on the sale of a £50m bond to help fund its teaching and research. The bond is one of the largest deals by a British university.
Gibson Dunn & Crutcher has set up a UK employment practice, scooping Ashurst employment partner James Cox for its London office. Cox specialises in the employment side of M&A deals, industrial disputes, corporate governance matters and employment issues facing private equity companies. Gibson Dunn managing ...
Ashurst has taken a leaf out of Linklaters' book by introducing a strategy to focus on complex transactional work for a core group of premium institutional clients.
39 Essex Street has poached Atkin Chambers' senior clerk to fill the new role of director of clerking.
Baker & McKenzie has introduced a new bonus scheme for all UK staff after preliminary figures revealed a 9 per cent increase in London revenue to break the £100m barrier for the first time.
Three lawyers on a mission: to change the Companies Bill before it's too late. But is the City listening?
Berwin Leighton Paisner (BLP) has, for the first time, implemented a formal structure for managing its international network of preferred firms.
It's not often Tulkinghorn can say this, but some news of a genuinely heroic nature reached Tulkinghorn last week from Berwin Leighton Paisner. It was in the form of an email circulated by corporate finance partner and partnership board chairman Peter Robinson, to 'everyone', entitled "Adrian Rough" (one of the firm's backroom unsung heroes).
Bond Pearce is overhauling its lockstep in a drive to increase its competitive edge by adding a merit-based element, as the firm reports a 15 per cent drop in profit per equity partner (PEP).
France's leading independent corporate firms Bredin Prat and Darrois Villey Maillot Brochier both saw drops in income in an otherwise strong financial year in France.
What is going on at Phillips Fox (or Frilly Frocks, as it's affectionately known at Tulkinghorn Towers)?
Nelsons" /Elsewhere in the East Midlands, the largest law firm merger in the region occurred when criminal and business defence firm Cartwright King took the entire business defence and criminal law teams of former rival Nelsons.
Clifford Chance has moved to increase its Amsterdam finance and capital markets offering, taking three lawyers from magic circle rival Freshfields Bruckhaus Deringer.
Clifford Chance topped the league tables for global legal advisers on infrastructure projects in the first half of 2006, advising on 17 deals worth some $24.5bn (£13.38bn).
Clifford Chance and Slaughter and May are acting for the winning bidder for McCarthy & Stone, though rival groups are still circling the retirement home developer.
Vinson & Elkins is facing a $10m lawsuit from former client the City of San Diego over claims it failed to properly conduct an independent inquiry into allegations of financial wrongdoing by City Hall officials.
A senior lawyer at the Spanish competition authority will be appointed to the European Commission's directorate general for competition. Nadia Calviño Santamaría will become the deputy director general with special responsibility for mergers. She will report to director general Philip Lowe. She is currently the director general for competition at the Spanish ministry of economy and finance.
One of the legal market's best-known management consultants, Alan Hodgart, has formed a joint venture with corporate finance house Lexicon Partners aimed specifically at advising firms on potential IPOs and fundraisings.
Human rights firm Public Interest Lawyers (PIL) and Matrix Chambers’ Rabinder Singh QC have won a significant Court of Appeal victory which could lead to an inquiry into the Iraq War.
Cuatrecasas is planning to open an office in China, targeting Shanghai as the base for its first office in Asia.
Companies fear being forced to follow statutory employment guidance for directors to avoid falling foul of age discrimination legislation.
DLA Piper Rudnick Gray Cary has hired the former general counsel of Shanghai General Motors as a partner in its Shanghai office. Henry Wang is a US-qualified lawyer with in-depth experience of China's motor industry. He also has experience in M&A, joint ventures or wholly foreign-owned entities, IP, corporate finance, dispute resolution, employment and real estate.
easyGroup is pursuing a more aggressive brand- protection campaign against companies using the word easy, after it emerged that Memery Crystal has developed a team with the specific purpose of defending companies caught up in trademark disputes with easyGroup.
The Government's energy report could mean rich pickings for law firms. By David Middleton
Field Fisher Waterhouse (FFW) advised iconic toy shop Hamleys on a franchising deal that will see it open stores in Dubai, Kuwait and Saudi Arabia. The deal is Hamleys' first franchise. It will be run by Daud Investments, part of the Middle East-based Getco ...
HGF Law is the two-partner patent litigation spin-off of patent and trademark attorneys Harrison Goddard Foote.
The UK Gambling Commission has hired its first general counsel to oversee the UK's internet gambling industry, just as the US Department of Justice (DoJ) signalled a crackdown with the arrest of BetonSports chief executive David Carruthers.
Colchester law firm Fisher Jones Greenwood has established a pilot charity legal service for young people in Essex, with assistance from the Legal Services Commission (LSC).
A total of five sets of chambers have benefited from the dissolution of Birmingham Three Fountain Court by picking off new tenants.
Scottish corporate lawyers are losing ground to London and the South East as clients increasingly head south of the border. By Matt Byrne
Finding the right dispute resolution method isn't always easy. Elizabeth Barrett reports on two cases that have brought a degree of flexibility to the options on offer
Freshfields Bruckhaus Deringer has a new managing partner for Spain, appointing tax partner Miguel Klingenberg.
Is this the latest marketing attempt by law firms to hook youngsters into a future career? Nintendo, that great companion to Tulkinghorn's childhood, is about to release a new law-based game for its handheld split-screen DS console.
The international general counsel of Goldman Sachs Terry Miller is joining the London 2012 Organising Committee for the Olympic Games as its new general counsel. Miller, who is in charge of Goldman Sachs' legal team for Europe and Asia, will take up her role in October. She takes over from Charlie Wijeratna, who becomes director of commercial negotiations, reporting to commercial director Chris Townsend, who joined the London 2012 team from Transport for London. Miller takes charge ...
Hammonds head of real estate Chris Marks has become the first equity partner to quit following the end of the firm's lock-in.
No stranger to angry confrontation, The Jerry Springer Show made its first appearance in the Court of Appeal last week. Media firms Harbottle & Lewis and Wiggin are facing off in court, representing clients Universal, which makes the show, and Flextech, which owns lifestyle cable channel Living TV. Universal ...
Harbottle & Lewis managing partner Lawrence Abramson has vowed to maintain a music practice at the firm despite the loss of both of its group heads in less than a year.
Hill Dickinson has won a competitive tender to advise on a series of innovative pieces of work for independent radio producers.
The committee scrutinising the draft Legal Services Bill today (25 July) warned that the current proposals will harm the independence of the legal profession.
Lawyers are not normally connected with industrial espionage, but the legal bods at Hunton & Williams haven't let that stop them.
Brewing giant InBev has reinforced its competition capability with the hire of a Brussels Clifford Chance lawyer, who will coordinate the company's global competition team.
Eversheds" /Although it shares branding, lawyers and clients with Eversheds, Piergrossi Bianchini Eversheds is still financially independent, which is a shame for the Eversheds chiefs in the UK, because managing partner Riccardo Bianchini has big plans to grow ...
The challenges and rewards of a career in law are attracting more young women. In some law firms women now make up to 60 per cent of the graduates recruited, yet only around 5 per cent go on to achieve partnership. Why?
Kendall Freeman suffered from a slow litigation year with a turnover and profit drop, the firm's financial figures have revealed.
Former Mayer Brown Rowe & Maw securitisation star Mark Nicolaides has resurfaced at Latham & Watkins to spearhead its drive into the European asset-backed securities market.
IP protection firm Willoughby & Partners has changed its name to Rouse Legal, after the Law Society lifted restrictions on the use of the firm’s name. Managing partner Tony Willoughby said: “The object of the name change is to underline the very close connection that exists between the UK legal practice and the global intellectual property consultancy, Rouse & Co International.” In 1996, the firm changed its name to Willoughby & Partners from Rouse & Co, when Rouse ...
Top law schools have lashed out at moves by the Law Society to more than triple the number of skills assessments on the LPC.
During the past few years the City's biggest criticism of the Law Society is that it has failed to represent its needs. But that is all set to change if the society's first female president can make her wishes become reality.
Preparations for the planning gain supplement are giving cause for concern north of the border. Will this new centralisation be a step backwards for Scotland? By Iain Macniven
LeBoeuf Lamb Greene & MacRae is the latest firm to profit from the dissolving German outfit Haarmann Hemmelrath, with two Moscow hires.
Mr Justice Leveson is to become the latest Court of Appeal judge.
Although litigation is constantly said to be in decline, there is still a fair amount of work out there for solicitors and barristers alike.
The Birmingham bar was rocked this month when the third-largest set in the city collapsed.
As banks seek to tidy up their balance sheets ahead of the implementation of Basel II, the supply of collateralised debt obligations (CDOs) keeps growing. This, of course, means lawyers are winning their share of the spoils by acting on the many multi-billion-dollar deals coming to market. Clifford Chance, Freshfie
Macfarlanes has poached Hammonds’ respected international benefits head Jane Marshall to boost its employment, pensions and benefits group.
Mayer Brown Rowe & Maw's insurance and reinsurance team is moving out of its home in the Lloyd's of London building into the 31st floor of 30 St Mary Axe, aka the Gherkin. The 25 lawyers and 13 staff are due to move in to their new home in December this year. As well as moving up in the world, the team is also increasing is floor space from its current 7,500sq ft to 10,698sq ft. The extra space would ...
Media boutique Swan Turton has achieved victory in hypnotist Paul McKenna’s libel claim against the Daily Mirror.
Two of India's oldest law firms, Fox Mandal and Little & Co, have merged to create the country's largest legal practice and are on the lookout for further expansion opportunities.
The European Court of First Instance's (CFI) groundbreaking rejection of the European Commission's merger clearance of the Sony-BMG music joint venture following a complaint by an industry organisation took the market by surprise. Its true impact, however, is likely to be felt in the future by companies with acquisition or joint venture aspirations that give rise to more complex competition issues than just a simple overlap of business interests.
Some firms in the region reported record-breaking figures at the end of the financial year.
Milbank Tweed Hadley & McCloy corporate star Tim Emmerson has scooped the lead role advising three former Misys directors on their £1bn attempted takeover of the company.
Lawrence Graham IT star" /Morrison & Foerster's (MoFo) London office has poached Lawrence Graham IT outsourcing partner Jon Edgell. Alistair Maughan, head of MoFo's global sourcing group, said: "Jon ...
Wilberforce Chambers has reformed its management as its respected head of chambers Edward Nugee QC steps down after 30 years in the role.
Last Tuesday (18 July) was the most anticipated day at the bar for three years, but after the champagne was drunk the hangovers kicked in and the grumblings began.
Orrick Herrington & Sutcliffe has swooped again in New York, scooping Mayer Brown Rowe & Maw IP litigator Paul Gupta. Gupta becomes the ninth lateral partner for Orrick’s New York office in the last three months. Last month the firm hired structured finance partners James Croke and ...
Thanks go out to Kevin Martin, outgoing president of the Law Society, for inviting Tulkinghorn down to the organisation's annual council dinner on 12 July. There were more titles on show than a Lord Levy fundraiser and Martin was on great form, with a farewell speech that brought a tear to every eye in the house.
The new unified courts services is costing £1.5bn to run, its first annual report revealed yesterday (25 July).
The increased use of mediation has altered dramatically the English litigation system - and not necessarily for the better, argues Arshad Ghaffar
Product liability claims are on the rise as consumers, backed by tougher EU laws, are increasingly exercising their rights. By Jeanette Harwood and Gwendoline Davies
Where does London feature in a Scottish firm's strategy? If you are one of the big four, then right now it is at the top of the agenda. But it is not only Dundas & Wilson, Maclay Murray & Spens, McGrigors and Shepherd ...
New rules covering electronic files could signal a change in how documents are produced in international arbitration cases, say Ian Meredith and Sarah Aspinall
Tulkinghorn was looking forward to meeting Cuatrecasas, Spanish newcomers to London, for lunch in their Tower 42 offices. But images of succulent cured hams, olives and chorizo were soon blown away to reveal the bog-standard beef and potatoes of England.
Talks are being held to forge a brand-new qualification for lawyers specialising in local government work.
Bristol City Council head of legal Stephen McNamara is a staunch defender of his city and his council. Jon Parker reports
Collyer Bristow head of company commercial John Bailey has left to join Stringer Saul. Bailey joined Collyer Bristow as a partner 10 years ago and built the company commercial group from two to 10 partners. He will continue to work with venture capital, accountancy, corporate finance, property and financial services clients.
South East firm Blake Lapthorn Linnell is negotiating a merger with 20-partner London firm Tarlo Lyons.
The London Organising Committee for the Olympic Games (Locog) secured quite a coup this week when it hired Goldman Sachs international general counsel Terry Miller to replace incumbent Charlie Wijeratna.
A new charity act in Scotland will change the face of charity law, with increased regulation being key to development. By Simon Mackintosh
What was your first-ever job?A Christmas job as a shop assistant in Curry's, aged 16. The difference between the shop floor and the stock room was a revelation and taught me a lot about business being a lot about presentation.
Reed Smith has bagged tax lawyer Harriet Morgan from Travers Smith.
And while some groups are falling apart, others are getting together.
Company directors will be left open to increased litigation when the Company Law Reform Bill takes effect. Richard Matthews and John Heaps investigate
Boots Group's company secretary Michael Oliver is set to retire following the pharmaceutical giant's multibillion-pound merger with Alliance Unichem, leaving Alliance Unichem general counsel Marco Pagni to take over as general counsel of the merged legal function.
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Weil Gotshal & Manges and Freshfields Bruckhaus Deringer advised in Premier Foods' £460m acquisition of the UK and Irish businesses of Campbell Soup. Premier proposes to fund it primarily through an underwritten rights issue to raise around £450m. The acquisition and rights issue are ...