25 September 2000
Long-established personal injury (PI) and professional and clinical negligence chambers 199 Strand is to undergo a major overhaul of its management structure as it becomes more proactive about bar reforms.
What is the single most challenging issue facing large law firms in New York today? There are several contenders for this award. Some would nominate globalisation and potential law firm mergers. Others would say the increasing competition among lawyers resulting from financial institution and other client consolidations. Others would identify penetration into the start-up and high-tech practices, while some would point to the sky-rocketing costs of the technology required to operate a ...
A survey of French law firms has revealed that they are losing the fight against the accountancy-linked giants and Anglo-Saxon rivals.
Addleshaw Booth & Co is launching an assault on J Sainsbury's property work with the recruitment of Denton Wilde Sapte senior equity partner Clive Jenkins.
Andersen Legal has sent a warning to the Dutch Bar by publishing a critical report on the bar's ban of associations between law firms and accountants.
Boston firm Bingham Dana is taking on a finance partner from Mayer Brown & Platt to boost its New York practice.
Number of insolvency partners in the US: 22Number of insolvency partners in the UK: 2Number of insolvency partners outside the US and UK: 1 (Singapore)Clients include: Barclays, Credit Suisse, FleetBoston, International Monetary Fund, Lehman Brothers, Merrill Lynch, Metropolitan Life Insurance Company, Teachers Insurance and Annuity Association.Work: Representing the junior term lender group - mainly ...
Lloyd's syndicates Brockbank and Hiscox are setting a new precedent in the insurance market by teaming up for the purchasing of legal services.
Human rights act: property law
Number of insolvency partners in US: 10Number of insolvency partners in UK: 2Number of insolvency partners outside the US and UK: 0Clients include: Credit Suisse, Deutsche Bank, DLJ, ING Barings, Lehman Brothers, Paribas and numerous hedge funds.Work: Advising the bondholder steering committee on the £150m restructuring of One Finsbury Circus; and the bondholders in the 1986 issue in Barings. Acting for the ...
Media company Carlton is recruiting a new controller of legal & business affairs, strategy & development to its production division.
Lord Melchett, the chief executive of Greenpeace, and 27 other members of the environmental group, were found not guilty of criminal damage after destroying a field of genetically modified (GM) maize. The jury not only found in their favour, but also ordered that the prosecution should award them £250,000 costs.The decision enraged farmers and GM industry body Scimac, and gave the green light to protesters to continue the battle against ...
A former 2 Paper Buildings (Desmond de Silva QC) clerk has lost an industrial tribunal claim worth around £20,000 after being linked to five chambers defections.
DUTCH firm Kennedy Van der Laan has pulled out of the Commercial Law Affiliates (CLA) Europe Alliance less than two months after its formation, following the launch of the group's single-branding strategy.The alliance was launched on 19 July by 15 firms, including Hammond Suddards Edge in the UK. As an IT/IP specialist, Kennedys, which is based in Amsterdam, counts Microsoft and KLM among ...
Number of insolvency partners in the US: 3Number of insolvency partners in the UK: 4Number of insolvency partners outside the US and UK: 2 (Hong Kong)Clients include: Bank of America, Barclays, Chase, Citibank, Deutsche Bank, Lloyd's, UBS Warburg and other financial institutions.Work: Acting for the Fuji Bank-led syndicate; the Landesbank Schleswig-Holstein-led syndicate; the European Bank for Reconstruction ...
De-merged civil set Cloisters has announced that it will operate a split-pupillage scheme.
CMS Cameron McKenna advised Warner Bros on commercial, immigration and service agreement issues concerning the new TV mini-series Mists of Avalon. The series is set in England in the 900s and stars Sigourney Weaver and Anjelica Houston. Senior associate Peter Valet led the transaction from CMS Cameron McKenna's Prague office.
Human rights act: commercial law
New York firm Coudert Brothers has lured the managing partner of Preston Gates & Ellis' Silicon Valley operation to its Northern California offices to build its technology, internet and new media group.
Philadelphia firm Cozen and O'Connor is opening offices in Chicago and San Francisco and bringing on board more than 30 additional lawyers.
Baker & McKenzie: After recent expansion the business development department is not anticipating further recruitment in the next year. Resource review is a core part of the business planning process and further recruitment will be dependent on the overall strategy of the firm.Barlow Lyde & Gilbert: The past two years have seen an increase in the recruitment of specialist skills. ...
DLA is making its mark in Singapore, opening a new office in the capital and forming an alliance with Singapore law firm J Koh & Co, which will join its international association of law firms, D&P.
Minnesota firm Dorsey & Whitney is adding a second intellectual property (IP) litigation partner to its Washington DC office in as many months.
Eversheds is losing a member of its corporate group after only four months to Premier Asset Management.Nicholas Narraway has become legal director for both Premier Fund Managers and Premier Portfolio Managers, subsidiaries of Premier Asset Management.Corporate finance specialist Narraway joined Eversheds in May from
Los Angeles firm Gibson Dunn & Crutcher is raiding Chadbourne & Parke to snatch a team that includes one of New York's top M&A lawyers.
Three partners are joining with their associates from Boston-based firm Gadsby & Hannah, with another two moving over from in-house positions at Tiffany & Co and Motorola. The team from Gadsby & Hannah boasts partners Carol Matthews, Paul Kilmer and Thomas Brooke. The three bring an impressive client list including sportswear giant LA Gear, publisher National Geographic, distillers William Grant & Sons and The Metropolitan Opera in New York.
Hugh Mercer on the appeals of two water companies against the Office of Water Service's determination of prices
Is the difference between the Competition Commission (CC) and the Mergers and Monopolies Commission (MMC) more than just the name? The decisions published this month on the appeals by two water companies against the Office of Water Service's (Ofwat) determination of prices are certainly a departure from the MMC's previous decisions in the water sector. The excellent results of the enquiries for the companies, the substantial modifications to Ofwat's determinations ...
The business law section of the International Bar Association (IBA) has pledged £25,000 to help found a consortium to aid in restructuring legal systems in war-torn countries.
IN-HOUSE lawyers are giving legal opinions to third parties such as lenders and buyers despite uncertainty over personal liability.
Advisers to the initial public offering (IPO) market are embroiled in a landmark row over who is to blame when the hype fails to deliver.
Institutional investors are forcing lawyers to take a more proactive approach in providing business advice on the future of their clients' companies.
Granada Compass. The hospitality group is conducting a strategic review which may result in it selling off its hotel portfolio. The move comes following shareholder pressure since the May merger of Granada's hotel and restaurant arm with catering group Compass. The sale is likely to include the 120-strong luxury chain Le Meridian and the UK Posthouse and Heritage groups. It is expected to fetch around £3bn, but the company will probably hold on to budget hotels Travelodge ...
Morrision & Foerster golden boy Kristian Wiggert, the new London office managing partner, may appear unassuming, shy even. Claire Smith meets the man whose image belies his professionalism
The Law Society is lobbying the European Union (EU) to change its "heavy-handed" redrafting of the money laundering directive.
Lawyers and accountants have dismissed claims that directors of the Millennium Dome could face legal action following a report by PricewaterhouseCoopers (PwC). The report shows that the Dome was insolvent at the time it was awarded its latest £47m lottery handout.
Nine years of evenings and weekends spent trapped in important meetings have finally caught up with the Lawyer. Invoking some obscure amendment, I have decamped to a girls' week away, leaving the Lawyer to cope with the tail-end of the summer holidays.
Lovells is bucking the trend by expanding its Moscow office as other firms retreat from the region.
Advisers (THLi) to inject £32.5m to fund its internet businesses, beeb.com and freebeeb.net, focusing particularly on key technological developments. Subsidiary company beeb Ventures has also been formed and is valued at £240m. Commercial partner Selina Potter, corporate partner Adrian Bott and taxation partner Mark Joscelyne led a team of three on the transaction. THLi was represented by
Human rights act: media law
Human rights act: media law
Niche City practice Memery Crystal is emerging as the leading firm working in the lucrative Alternative Investment Market (AIM).
McGrigor Donald has been appointed sole mainland UK employment provider to banking giant National Australia Bank (NAB).
Ashurst Morris Crisp has chosen a new managing partner. Justin Spendlove beat colleague Jeremy Hill to win the election after Ian Nisse stepped down from the position in July. Spendlove, a partner in the banking practice, becomes only the second managing partner in the history of the firm.
Norton Rose has bolstered its employment pension and incentives department with the hire of Barnett Alexander Chart's head of employment.
The British Olympic team competes in Sydney this month without two of its most talented athletes: European 200m champion Dougie Walker and winner of the British Olympic 400m trials Mark Richardson.Both these athletes tested positive for the substance 19-norandrosterone but were later acquitted of any doping offences by UKA, which regulates athletics in this country. However, the IAAF, the international athletics regulator, intervened in both cases. With ...
Allen & OveryConcentrating heavily on bank-led restructurings, the firm has been able to export the practice successfully to both Asia and Eastern Europe. London partner Nick Segal has now been charged with breaking into the New York market and achieving the short-term goal of bringing in a team.Linklaters & AllianceStrongly focused on restructuring, the ...
Graf von Westphalen Fritze & Modest, the German ally of Osborne Clarke OWA, is in the final stages of merger talks with Bappert Witz & Selbherr in Freiburg.A vote will be taken in November, but both firms are confident the merger will go ahead to create a 64-partner firm.Graf von Westphalen, which has its main offices in Cologne, Hamburg and Frankfurt, is well known for advising ...
Paisner & Co acted for Great Universal Stores on its £37m acquisition of jungle.com. Jungle.com supplies a range of computers and computer equipment as well as music and videos through its website. Head of corporate finance Keith Stella led a team of four on the deal while Eversheds advised jungle.com.
Rowe & Maw represented Brador Properties on its surrendering of the C&A stores at Brent Cross Shopping Centre for £26m and 21/27 Merseyway for £1.5m. Both properties were leased back to Brador Properties through short-term leases but will remain as C&A stores until January 2001. Head of property Jeremy Clay acted on the deals with a team of two. Eversheds acted for the landlord in both cases.
Since its humble beginnings 151 years ago, newswire and financial information provider Reuters has come a long way.
British Olympic gold medal winner Richard Faulds has lost a court case brought against him by residents in his home town. Dead-eyed Dick, as he has been tagged in Australia, won gold in the clay pigeon double trap event against stiff competition. However, neighbours in Longparish near Andover have won a case prohibiting the 23-year-old from practising after 30 November, when the temporary planning permission will expire. Each day, Faulds fires around 100 rounds ...
Everyone - barring maybe Dome bosses and a few failed dotcom entrepreneurs - will tell you that we are in the middle of the biggest bull market in years.The UK and US in particular, though watching oil prices with a nervous eye, are riding high on a wave of optimism not seen since the early 1980s.Yet right in the middle of a sunny summer of contentment, two law firms suddenly announce the time is right to take on the transatlantic insolvency and ...
Human rights act: media law
With legal marketing becoming ever more important to those who use it, the law firm marketing department's remit is getting wider. It now covers a vast array of functions, including, as Mark Chester, director of marketing at Nabarro Nathanson, says: "Pure marketing, press and PR, strategy, internet and intranet, all aspects of internal and external ...
International Development Secretary Clare Short is fighting a Cabinet battle to have her reforms to end world poverty through overseas aid enshrined into law in the next session of Parliament. Her department is drafting the first international development act for over 20 years.
Studio Legale Tonucci is cementing its position as one of the largest independent firms in Italy after completing two mergers with local firms.
UK firms continue to lag behind US lawyers in embracing the investment opportunities of high-tech start-ups.
It seems like the same old story. Lloyd's syndicates Hiscox and Brockbank - two of the most influential in the market - are radically reviewing their use of outside lawyers. With a combined legal spend of $30bn (£21.3bn), the two syndicates are able to flex their muscles, get a better deal and insist on a higher quality of service - in other words, all the usual demands.It may be a familiar tale outside Lime Street, but by and large, Lloyd's ...
Human rights act: employment law