25 September 2000

The Lawyer

  • 199 Strand overhauls management structure

    25-Sep-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.

  • A VIEW FROM NEW YORK

    25-Sep-2000

    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 ...

  • Accountants and foreign firms come top in French fees table

    25-Sep-2000

    A survey of French law firms has revealed that they are losing the fight against the accountancy-linked giants and Anglo-Saxon rivals.

  • Addleshaws recruits ex-Denton Wilde ace

    25-Sep-2000

    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 attacks Dutch Bar

    25-Sep-2000

    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.

  • Bingham adds to NY capability

    25-Sep-2000

    Boston firm Bingham Dana is taking on a finance partner from Mayer Brown & Platt to boost its New York practice.

  • BINGHAM DANA

    25-Sep-2000

    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 ...

  • Brockbank and Hiscox unite to cut £20m legal spend at Lloyd's

    25-Sep-2000

    Lloyd's syndicates Brockbank and Hiscox are setting a new precedent in the insurance market by teaming up for the purchasing of legal services.

  • Building up property rights

    25-Sep-2000

    Human rights act: property law

  • CADWALADER WICKERSHAM & TAFT

    25-Sep-2000

    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 ...

  • Carlton hires production division lawyer

    25-Sep-2000

    Media company Carlton is recruiting a new controller of legal & business affairs, strategy & development to its production division.

  • Case of the week

    25-Sep-2000

    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 ...

  • Chambers clerk loses court battle

    25-Sep-2000

    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.

  • CLA-Europe's single brand forces Dutch firm to leave

    25-Sep-2000

    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 ...

  • CLIFFORD CHANCE ROGERS & WELLS

    25-Sep-2000

    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 ...

  • Cloisters to give pupils split scheme

    25-Sep-2000

    De-merged civil set Cloisters has announced that it will operate a split-pupillage scheme.

  • Cms Cameron McKenna

    25-Sep-2000

    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.

  • Corporate thunderbolt

    25-Sep-2000

    Human rights act: commercial law

  • Couderts hires for new media

    25-Sep-2000

    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.

  • Cozen merges in Chicago and boosts San Francisco

    25-Sep-2000

    Philadelphia firm Cozen and O'Connor is opening offices in Chicago and San Francisco and bringing on board more than 30 additional lawyers.

  • CURRENT STRATEGY

    25-Sep-2000

    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 opens in Singapore as D&P alliance grows

    25-Sep-2000

    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.

  • Dorsey adds Washington IP partner

    25-Sep-2000

    Minnesota firm Dorsey & Whitney is adding a second intellectual property (IP) litigation partner to its Washington DC office in as many months.

  • Eversheds lawyer quits for directorship

    25-Sep-2000

    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

  • Gibson Dunn scores New York M&A recruitment hat trick

    25-Sep-2000

    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.

  • Holland & Knight boost IP practice

    28-Sep-2000

    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

    25-Sep-2000

    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 ...

  • IBA pledges £25,000 to aid war-torn judiciaries

    25-Sep-2000

    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 warned of dangers of third-party advice

    25-Sep-2000

    IN-HOUSE lawyers are giving legal opinions to third parties such as lenders and buyers despite uncertainty over personal liability.

  • Investors sue World Online float advisers

    25-Sep-2000

    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.

  • Investors urge M&A lawyers to get active

    25-Sep-2000

    Institutional investors are forcing lawyers to take a more proactive approach in providing business advice on the future of their clients' companies.

  • It's been a big week for...

    25-Sep-2000

    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 ...

  • Kristian Wiggert

    25-Sep-2000

    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

  • Law Society slams EU money laundering law

    25-Sep-2000

    The Law Society is lobbying the European Union (EU) to change its "heavy-handed" redrafting of the money laundering directive.

  • Lawyers claim Dome bosses are untouchable

    25-Sep-2000

    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.

  • Legal widow

    25-Sep-2000

    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 hires partner for Moscow

    25-Sep-2000

    Lovells is bucking the trend by expanding its Moscow office as other firms retreat from the region.

  • Media & new media

    25-Sep-2000

    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

  • MEDIA PUBLIC AUTHORITIES

    25-Sep-2000

    Human rights act: media law

  • MEDIA VICTIMS

    25-Sep-2000

    Human rights act: media law

  • Memery Crystal tops AIM IPO adviser table

    25-Sep-2000

    Niche City practice Memery Crystal is emerging as the leading firm working in the lucrative Alternative Investment Market (AIM).

  • NAB chooses McGrigor Donald as sole UK employment adviser

    25-Sep-2000

    McGrigor Donald has been appointed sole mainland UK employment provider to banking giant National Australia Bank (NAB).

  • NEWS IN BRIEF

    25-Sep-2000

    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 wins PFI employment partner

    25-Sep-2000

    Norton Rose has bolstered its employment pension and incentives department with the hire of Barnett Alexander Chart's head of employment.

  • One country's rules should be enough

    25-Sep-2000

    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 ...

  • ONES TO WATCH

    25-Sep-2000

    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 ...

  • Osborne Clarke's German firm set for merger with Bapperts

    25-Sep-2000

    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

    25-Sep-2000

    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.

  • Property

    25-Sep-2000

    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.

  • Reuters

    25-Sep-2000

    Since its humble beginnings 151 years ago, newswire and financial information provider Reuters has come a long way.

  • Scuffle of the week

    25-Sep-2000

    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 ...

  • The debt set

    25-Sep-2000

    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 ...

  • The freedom of media law

    25-Sep-2000

    Human rights act: media law

  • The market for marketing

    25-Sep-2000

    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 ...

  • This week

    1-Oct-2000

    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.

  • Tonucci merges with Milan and Padua firms

    25-Sep-2000

    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 trail US in high-tech investments

    25-Sep-2000

    UK firms continue to lag behind US lawyers in embracing the investment opportunities of high-tech start-ups.

  • Underwriting the new relationships

    25-Sep-2000

    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 ...

  • Working for the workers

    25-Sep-2000

    Human rights act: employment law