24 November 2008
High Court judge Mr Justice Peter Smith has slammed the Court of Appeal for its level of intervention in the case management ;of ;long commercial trials.
Denton Wilde Sapte, Ashurst and the London office of Gibson Dunn & Crutcher have scored the lead mandates on the two management buyouts of consulting company Kroll’s UK corporate advisory and restructuring practice.
Australian firm Blake Dawson has opened an office in Singapore as part of its expansion into South East Asia.
A row has erupted over Attorney General Baroness Scotland’s equality and diversity expectations for Treasury counsel, with members ;of ;the ;bar claiming it could lead to chambers being forced to quit the Government panel.
The Bar Standards Board (BSB) has selected a chair and vice-chair to succeed Ruth Evans and George Leggatt QC.
Nottingham firm Berryman has made several redundancies.
Bevan Brittan has been drafted in to help local councils reclaim millions of pounds tied up in Iceland's crippled banks.
Bevan Brittan is set to launch a groundbreaking partnership with Kent County Council’s (KCC) legal team to target work from the healthcare sector.
Bevan Brittan's half-year results show turnover growth of only 1 per cent on the same period last year.
Being a regional firm can have its advantages, as Birketts in East Anglia discovered this year. The 38-partner firm benefited from the closure of Eversheds’ Norwich office and has seen its total lawyer headcount in the town rise from six in 2004 to more than 50 fee-earners today.
Blackstone Chambers has won a long-running battle with the Government over the use of pesticides near residential homes near Chichester, West Sussex.
Blake Lapthorn has re-elected its senior partner Jonathan Lloyd-Jones for a further three-year term.
Just six of the 41 firms that participated in the Black Solicitors Network’s (BSN) latest diversity table had black partners.
The rumour mill on Cadwalader Wickersham & Taft has gone into overdrive in recent weeks, with estimates on the firm’s drop in profit ranging from 20 per cent right up to 65 per cent.
US firm Cadwalader Wikersham & Taft will not offer jobs to any of the trainee solicitors who are due to qualify into its London office next spring.
CMS Cameron McKenna has begun the search for a new office in the Square Mile to replace its Mitre House premises.
Apparently the reason that some consultations are dragging on is because of the number of grievance procedures in place.
Clifford Chance, Wong go separate ways as Singapore opens up to foreign firms" /Clifford Chance and Singaporean firm WongPartnership have announced the termination of their joint venture arrangement, as Singapore liberalises its legal market for foreign law firms.
Eversheds switch" /Electronics retailer Comet has ditched its informal legal panel and appointed Eversheds as its sole UK adviser.
Covington & Burling and Fulbright & Jaworski are among the firms appointed by President-elect Barack Obama to review investigations shelved during the Republican administration.
Cravath Swaine & Moore has cancelled the special bonus element of its 2008 year-end payments to associates.
Davis Polk & Wardwell has scored another credit crunch-related mandate, advising US bank Citigroup on its $20bn (£13.4bn) government bailout.
Davis Polk & Wardwell has snared the lead role advising the New York Federal Reserve Bank on a $200bn rescue loan facility for the ailing asset-backed securities market.
The Solicitors Regulation Authority (SRA) has had to take control of significantly more law firms this year than last, with the number of interventions rising by over 70 per cent year-on-year.
DLA Piper is set to boost its insolvency practice by retraining 20 lawyers from other departments to meet soaring demand for restructuring advice.
The global credit crunch has left large financial institutions vulnerable to takeover bids on a scale that has never been witnessed before. The structuring of these acquisitions requires a number of considerations, none more so than in relation to employees, says Simeon Spencer
The Court of Appeal’s rulings in a series of recent equal pay cases may force the Government and other employers to rewrite their policy documents.
Firms that swooped for individuals previously employed in Heller Ehrman’s London office run a minimal legal risk under Tupe. But the picture for groups of employees isn’t quite so straightforward, warn Ann Bevitt and Suzanne Horne.
Lloyds TSB and its takeover target HBOS have turned to Eversheds to deal with the employment law issues that will arise if the banks combine.
Mark Abell and Christopher Jackson, the Field Fisher Waterhouse partners trapped in a Mumbai hotel siege, have been evacuated.
Field Fisher international head Mark Abell is trapped inside a Mumbai hotel room after being caught up in the terrorist attacks city.
Freshfields Bruckhaus Deringer has sent corporate rainmaker David Higgins to the Middle East to co-head the firm’s regional practice.
Freshfields Bruckhaus Deringer disputes resolution head Ian Terry has stepped down from the role with Chris Pugh due to succeed him.
Linklaters advise on Woolies administration" /The administrators of Woolworths have called on Freshfields Bruckhaus Deringer and Linklaters to help wind up the stricken retail giant.
Fourteen barristers from Furnival Chambers have split from the set to launch a new chambers dedicated to credit crunch-related practices.
Hammonds was up in the High Court today for a £3m profit dispute hearing with former partners.
Hammonds chief Peter Crossley has vowed that there will be no more redundancies at the firm once the current consultation affecting 95 staff is completed.
Lovells managing partner David Harris has beaten off competition from Continental Europe head Harald Seisler to secure a further four-year term as managing partner.
The London office of Cohen Milstein Hausfeld & Toll is in talks to join with breakaway firm Hausfeld in the UK.
Start-up IP boutique iLaw now employs 10 lawyers following the hire of former DLA Piper commercial lawyer Rachel Laurent.
Irwin Mitchell personal injury (PI) head John Pickering has been elected unopposed to the post of managing partner.
The judicial Office has ditched bespoke tailoring for off-the-peg after it emerged that, in a break with hundreds of years of tradition, new judges’ robes are factory-made.
Come 1 January, Paul Weiss Rifkind Wharton & Garrison litigator Brad Karp will take on a major challenge.
Working for a theme park operator sounds like the best job in the world. But Merlin Entertainments Group is not your average operator.
Slaughter and May and Linklaters have sewn up the lead roles in Standard Chartered's £1.78bn rights issue to existing shareholders.
Magic circle firm Linklaters has posted a £20m increase in revenues at the half-year stage compared to the same period last year, with fee income increasing to £653m.
Way back at the beginning of August, the head of litigation at one of New York’s most prestigious law firms admitted that litigation levels during the calendar year 2008 were “not hugely up so far”. Then September happened.
Lovells Continental Europe head Harald Seisler has stepped down after an unsuccessful campaign to become managing partner.
Magic circle firms have vowed to take a conservative approach to this year's round of US associate bonuses as economic conditions continue to worsen.
Patent and trademark attorney firm Mathys & Squire has launched a Manchester office with the hire of two directors from rival firm William A Shepherd & Son.
Matrix Chambers has passed the 60-barrister mark with the hire of four new members as the former Director of Public Prosecutions Sir Ken Macdonald QC returns to the set.
DLA Piper UK has hired Andrij Jurkiw (left) as a partner in its London regulatory and litigation practice.
Nabarro staffing review to hit London, Sheffield" /Nabarro has become the latest in a long line of firms to start a redundancy consultation, reviewing a total of 22 jobs across its offices in London and Sheffield.
As the end of the month draws near, it is time to bring Tulkinghorn’s Movember odyssey to a close.
Norton Rose has clinched an instruction to advise HM Treasury on its first-ever Islamic bond issue.
Norton Rose’s political investment pays off with Treasury Islamic bond" /Advising HM Treasury on its first-ever Islamic bond issue is a choice mandate. For Norton Rose, besting
Daily Mail boss Paul Dacre accused Mr Justice Eady of imposing a privacy law on the UK’s press. As a former journalist, now solicitor, I believe Dacre is off on a frolic of his own.
The dissolution of a partnership may have unforeseen insurance consequences that could prevent a partner from being able to work, says Andrew Cromby.
Mayer Brown as two make partner in London" /Mayer Brown has responded to the economic slump by making up just two new partners in London, in contrast to the 10 promoted last year.
Exclusive research by The Lawyer highlights the US-UK litigation gulf as only four UK law firms reach the top 50 turnover league.
Skadden" class="inline_image inline_image_left" src="/pictures/web/images/15003_davidallen-MayerBrown90.jpg" /The litigation table published by The Lawyer shows which firms generated the most revenue from disputes last year. But reorder the table to rank firms by revenue per lawyer (RPL) and a different picture emerges.
It was Cravath Swaine & Moore that set the bonus trend last year with special awards for associates. This year the firm may well be setting trends again – but for very different reasons.
Simpson Thacher & Bartlett has joined the growing number of US firms that are cutting associate bonuses this year.
SJ Berwin advised CPC Group on its sale to the Qatari Diar Real Estate Investment Company of Project Blue (Guernsey) Holdings, the joint venture company redeveloping the Chelsea Barracks site in London.
There's nothing like an economic slump to bring employment lawyers back into vogue. The CBI expects the UK to suffer its sharpest economic contraction in almost 20 years in 2009, and unemployment could hit three million before 2010.
Troubled furniture chain MFI has gone into administration, despite a last-ditch rescue attempt by its management, with Speechly Bircham getting the call from administrators MCR.
City firm Speechly Bircham has launched a redundancy consultation with eight fee-earners.
Despite having officially entered into recession before the UK, the inbuilt flexibility of Germany’s lawyers across practice areas means firms are still willing to put a brave face on things.
Taylor Vinters has named the management team that will succeed current managing partner Christine Berry, who is set to step down next year.
This week The Lawyer publishes the first-ever investigation into the relative sizes of litigation practices on both sides of the Atlantic. By extension, it’s a crucial indicator as to which firms may be the busiest in the coming year (see story).
Southwest firm TLT Solicitors has become the latest firm to launch a redundancy consultation, talking with up to 20 staff.
Hammonds, Macfarlanes and Paul Weiss have lined up on a rare £1bn M&A deal as Mitsubishi Rayon swoops on UK chemicals company Lucite.
Regular readers will be aware of Team Tulkinghorn’s mission to grow moustaches for prostate cancer charity Movember.
The arrival of a couple of UK Law Lords at two US firms, when set against the cataclysmic events of the past couple of months, may seem small beer.
As TheLawyer.com reveals today, the number of jobs likely to be cut from the UK 200 law firms has now passed 1000. But there are almost as many ways of going about making redundancies as there are law firms. Today’s post examines the most popular.
Weil Gotshal & Manges has gained one new partner in its London office as part of a promotions round that has seen its partnership headcount increase by seven.