27 November 2006
Bristows was not the biggest firm even before a fifth of its partners left to set up their own boutique. A difference of opinion on how the business should be run saw IP litigators Penny Gilbert, Tim Powell, Simon Ayrton, Zoë Butler and Alex Wilson jump ship to start their own firm.
Wilsons has appointed Matthew Bennett as a partner in its private client team. Bennett joins from Obsorne Clarke, where he was the former head of the owner-managed business unit.
At least 10 firms, including Allen & Overy (A&O), Latham & Watkins and Linklaters, have scored key roles in Spanish power group Ibedrola’s £12bn offer for ScottishPower.
Oracle is looking to bolster its UK legal team as the company's growth strategy puts more pressure on the legal department.
Addleshaw Goddard has advised on the management buyout (MBO) of a fund of hedge fund managers.
O'Melveny & Myers has lost private equity star Andrew Carpenter, who is to join Addleshaw Goddard to head the firm's practice.
The Vietnamese government has come under fire from activists for cracking down on free speech by enacting laws criminalising dissenting views on the internet.
Ashfords has a new head of maritime following the hire of Charles Hattersley from Plymouth-based rival Foot Anstey. Hattersley joins the firm as partner in the Plymouth office. He is accompanied by marine assistant Ashley Axten, who will be based at the firm's Bristol ...
Ashurst and Richards Butler have negotiated the £400m sale of London’s iconic Battersea Power Station, transferring control of the derelict landmark from Hong Kong ownership to Irish investors.
Ashurst is in advanced discussions to launch in Stockholm as early as January next year through a formal alliance with local M&A specialists AJB Bergh.
Ashurst is to bolster its fledgling Dubai office by relocating London corporate partner Nick Bryans to the region.
Baker & McKenzie was in court last week in an attempt to recover £200,000 of outstanding fees from three former clients.
The Bar Standards Board (BSB) today (Thursday 30 November) set out its stall for the next three years, outlining a strategy designed to protect the independence of the barristers’ profession.
Tulkinghorn likes to think of himself as a renaissance man, attuned to the small pleasures in life.
Blackberry maker Research In Motion (RIM) is back in the UK patent courts going on the attack against a US adversary, at the same time as the company looks to replace its departing UK head of legal.
Professional negligence specialist Barlow Lyde & Gilbert (BLG) is lobbying for a change in the rules preventing solicitors from limiting their liability in contentious matters.
Bird & Bird swoop" /Barlow Lyde & Gilbert (BLG) is calling time on its specialist outsourcing practice after losing its three remaining IT outsourcing partners to Bird & Bird.
Berwin Leighton Paisner (BLP) may have sparked debate last week with its best attempts to impersonate Slaughter and May by moving into the same building as the heavyweight and its European best friends in Brussels.
Berwin Leighton Paisner (BLP) is to move into the same offices in Brussels as Slaughter and May and its best friends. As first reported on www.thelawyer.com (10 October), Slaughters moved into the same building as Italian best friend Bonelli Erede Pappalardo, France-based Bredin Prat, Germany's Hengeler ...
The ECJ’s ruling on cross-border mergers has been watched closely by a number of companis in the German market. By Jack Schiffer
Brick Court Chambers has strengthened its arbitration capabilities with the hire of door tenant Klaus Reichert.
Bristol-based Burges Salmon has appointed a new head of its corporate and financial institutions group, its largest practice.
Hundreds of criminal solicitors are expected to gather in Birmingham today (Thursday 30 November) to discuss going on strike next week in protest at the government’s legal aid reforms.
Clifford Chance partner Simon Davis and Lovells partner Graham Huntley have been named as members of the new Commercial Court working group, which will draw up proposals to improve the court's procedures. Mr Justice Aikens is to chair the group. Other members are Mrs Justice Gloster; 3/4 South Square's Robin Knowles QC, who is chair of the Commercial Bar Association; Brick Court Chambers' Alec ...
CDC Group, the UK Government-backed emerging markets fund of funds manager, has appointed Mark Kenderdine-Davies as general counsel and chief compliance officer. He joins from Gartmore Investment Management, where he was a legal counsel. Kenderdine-Davies has also previously worked as legal counsel at Threadneedle Asset Management and general counsel at Indochina Asset Management. At CDC Group he will take over responsibility for the legal and compliance aspects of the group's international ...
Chadbourne & Parke has bolstered its Korean practice as part of its Asia strategy, with the hire of a key Korean corporate counsel.
CMS reviews network to simplify its brand" /CMS is re-examining its European network structure after management fears that its branding, which uses several variations of the CMS name, is too confusing for clients.
Travers Smith managing partner Chris Carroll must be awfully sure of re-election come January. Now that his second term as managing partner is drawing to a close Carroll must face a partnership vote if he is to continue leading the firm for another three years.
The Solicitors Regulation Authority (SRA) is to crack down on abuse of the rules governing referral fees, it was announced today (Thursday 30 November).
Macfarlanes and Wall Street firm Cravath Swaine & Moore have secured key roles on a £4.3bn counter-bid for Corus in an intensifying battle for the Anglo-Dutch steelmaker.
Seattle-headquartered Davis Wright Tremaine is to merge with Washington DC boutique Cole Raywid & Braverman, creating a 455-lawyer firm with nine offices.
Dechert’s London office has lured a partner from Lawrence Graham to bolster its finance and real estate practice.
Denton Wilde Sapte (DWS) is continuing to bulk up in the Middle East by adding two lateral hires to its Oman office, including its second in-houser from a major energy company in as many weeks.
DLA Piper could not sign the Law Society's open letter to the Lord Chancellor over legal aid reforms as it handles £2.4m worth of legal aid work annually - but will have to ditch the practice if the reforms come in.
DLA Piper has moved to bolster its London litigation practice with the hire of Denton Wilde Sapte (DWS) partner Philip Chong.
South East firm DMH Stallard has hired three new property partners.
Philadelphia-based Duane Morris is ramping up its global footprint with a new office in Singapore and planned expansion in Baltimore and Vietnam.
He is both head of legal and company secretary for a business of 13,000 employees and has taken more work in-house. No wonder Christian Salvesen's Edward Peppiatt is integral to the company's growth ambitions. By David Middleton
The German Equal Treatment Act, champion of equal rights for all, looks set to send ripples through the EU, says Michael Magotsch.
The government is pressing ahead with the bulk of Lord Carter of Coles’s proposals to reform legal aid despite widespread criticism from the legal profession, it emerged this morning (28 November).
There was mass confusion this morning after the Bar Standards Board and the Department for Constitutional Affairs managed to schedule press conferences at the same time.
A report by PricewaterhouseCoopers (PwC) published on 21 November revealed that, despite aggressive budget-setting and record performances by law firms in 2005-06, fee-earners missed their average chargeable hours targets.
Field Fisher Waterhouse's (FFW) Spanish European Legal Alliance member Jiménez de Parga Abogados has merged with IP/IT boutique Sol Muntañola & Asociados.
Pensions were back in the news pages earlier this month following the inclusion in the Queen's Speech of a Pensions Bill, which will overhaul the UK state pension system, including increasing the state pension age from 65 to 68 by 2046.
The deal of the day is without a doubt the sale of Europe's largest brick building, Battersea Power Station. Its designer, Sir Giles Gilbert-Scott, also designed London's sorely missed red telephone boxes. The power station's smokestacks tower 350ft into the air and it featured on the cover of Pink Floyd's Animals album. With some pigs.
Fifty per cent of law firms are considering external funding, while more than half are considering adopting alternative business structures (ABSs), a new survey has revealed.
Freshfields' battle with Lovells for the role of chief ITV adviser has produced no end of intrigue, misinformation and acrimony. Not unlike the recent history of ITV then.
LeBoeuf Lamb Greene & MacRae has made its second partner hire from Freshfields Bruckhaus Deringer’s Paris office in three months, as Yves Huyghé de Mahenge joins the US firm.
Fulbright & Jaworski is to open a Denver, Colorado, office, making it the firm’s second office launch in a month.
The general counsel of mobile operator 3, Paul Vickers, will be leaving as part of a reorganisation of the company that will result in 130 lost jobs.
The German legislator has seen a flurry of activity in recent months and in this Special Report The Lawyer examines the key issues and the practical implications that have arisen.In August the German General Equal Treatment Act came into force, kickstarting German employers into action, as employees can now claim damages and indemnification as a result of both direct and indirect discrimination.
Gibson Dunn & Crutcher has become the latest US firm to announce its partner promotions ahead of the new financial year, making up 11 associates, four more than last year.
Was it a case of pre-merger nerves? The departure of Dewey Ballantine partners Earle O'Donnell and Donna Attanasio for White & Case certainly looks like it.
A series of conflicts has gifted Allen & Overy (A&O) the lead role advising BSkyB on its surprise purchase of £940m worth of shares in ITV.
West Midlands firm Higgs & Sons has set up a dedicated HR service, with Warwickshire County Cricket Club becoming the group's first client.
Shoosmiths' Birmingham office has boosted turnover by 81 per cent in 12 months.
Hogan & Hartson has launched a Russian tax practice in Moscow with the hire of partner Ilya Rybalkin from German firm Nörr Stiefenhofer Lutz.
With housing portfolios all but excluded from German Reits legislation, the market could lose out on outside investment. Florian Schultz and Herbert Harrer report.
Bond Pearce insurance partner Lea Brocklebank has been appointed as president of the Forum of Insurance Lawyers (Foil), a forum for the exchange of information between lawyers and insurance clients. Brocklebank takes over from Neil McLaughlin, head of Morgan Cole's insurance, health and regulatory practice. Brocklebank ...
Perhaps it's in the nature of our business, but solicitors do not enjoy a reputation as innovators. Staunch and conservative is nearer the mark - qualities that have served us well, but which may not be enough to turn ambitious firms into leading providers of legal services.
Landmark Chambers chief executive Joel Hagan is quitting the set, just two years after joining as its first non-lawyer leader.
The Law Society is claiming victory over the Department of Constitutional Affairs (DCA) after preventing the retrospective application of rules on disclosure of documents.
Another day, another Freshfields partner leaves. This time it's high-profile Paris veteran Yves Huyghe de Mahenge, who's following his old colleague and fellow arbitration specialist Eric Schwartz to LeBoeuf Lamb Greene & MacRae.
Accountants and other professions will be given legal professional privilege if they work in partnership with lawyers under the terms of the Legal Services Bill.
Technology group Linde has kickstarted a sweeping review of its external legal advisers following its takeover of industrial gases giant BOC Group last summer.
One aim of the EU is freedom of movement of goods, people, services and capital. Services account for 70 per cent of the EU's gross domestic product (GDP), but only 20 per cent of cross-border trade because of unnecessary regulatory and administrative burdens. A huge opportunity is being missed.
Lovells has poached a Simmons & Simmons corporate partner to boost its Frankfurt offering.
Lovells has overhauled its associated firm in Hungary, maintaining its alliance with two individuals after they moved firms. The firm has a longstanding association with Budapest-based lawyer Dr László Partos and solicitor Christopher Noblet, who had been on secondment to Lovells' associated firm Squarra & Partos since 2000. However, the pair have since established their own firm, Partos & Noblet, which Lovells has now signed a formal association agreement with. Lovells had previously ...
Freshfields Bruckhaus Deringer has muscled in on Lovells’ territory as the pair team up to advise ITV on its £9bn takeover talks.
Manches has failed in an attempt to recover £570,000 of unpaid fees from the chief executive of bankrupt video games company Gizmondo.
DLA Piper, Eversheds and Pannone have been appointed to the Greater Manchester Passenger Transport Executive (GMPTE) legal panel.
Irish firm Mason Hayes & Curran has promoted six associates to the partnership as part of plans to broaden the firm's practice areas.
City property firm Maxwell Batley and construction boutique Winward Fearon are to merge, creating a 22-partner firm with an annual turnover of £12m.
Mayer Brown Rowe & Maw has swooped on Jones Day to kickstart its Hong Kong office, which has just had its licence approved by the Hong Kong Law Society.
Consolidation in the US midmarket continued unabated after last month's acquisition by Reed Smith of Chicago player Sachnoff & Weaver.
The implementation of the FSA's 'Markets in Financial Instruments Directive' looks unlikely to run smoothly, with late starters and high costs expected. Ash Saluja asks: what's wrong with the current regime?
Berrymans, Ricksons and Simpson & Marwick have won places on the Motor Insurers’ Bureau (MIB) panel.
Norton Rose has triumphed in a Court of Appeal spat over the enforcement of an arbitration award against the Lithuanian government.
Olswang eyes Berlin for international push" /Olswang is making a dramatic overhaul of its international strategy with the launch of its first-ever overseas office in Berlin in January.
Top commercial set One Essex Court is joining the ranks of a small number of barristers' chambers that have turned themselves into limited companies.
The increase in public sector outsourcing has injected some vim into defined benefit pension schemes, which many had considered to be on their way out. By Martin McFall
Pinsent Masons is rolling out a single-cost, budget employment tribunal offering in response to the trend for corporates to commoditise their employment work.
Bircham Dyson Bell is to convert to a limited-liability partnership (LLP) in December following a record year for turnover, led by a boom in its projects practice.
On the eve of the publication of the Government’s consultation findings on the Carter reforms, a survey has revealed that 90 per cent of firms believe that the reforms will threaten their ability to continue legal aid work.
Revealed: the firms snapping at the heels of The Lawyer UK 100. And they're hungry
Is it a bird? Is it a plane? No, it's Lovells dispute resolution associate Jake McQuitty dressed as Tarzan. This is the ninth time McQuitty has subjected himself to the rigours of the stage for the intriguingly named Back End Productions, all in the name of charity fundraising for the Royal Star & Garter Home for ex-servicemen and women, Prostate Research Campaign UK and Chase, the Ben Hollioake fund.
Shearman & Sterling international arbitration head Emmanuel Gaillard has picked up the reins of the Paris office, pledging to increase dramatically the firm's French corporate offering.
Sidley Austin has swooped on Kendall Freeman in order to start up a contentious insurance practice in the UK.
SJ Berwin" /Simmons & Simmons and SJ Berwin have become embroiled in a tug-of-war over which firm was the first to become carbon-neutral.
Simpson Thacher & Bartlett and Sidley Austin last week landed roles on the latest private equity-backed mega-deal, which is set to break a slew of records.
SJ Berwin is offering the biggest bonuses in the City after overhauling its bonus structure, gifting associates up to 75 per cent of base salary.
South Korea is on the verge of opening its legal services market as foreign law firms look set to open offices there as early as 2008.
Squire Sanders & Dempsey’s Beijing head has been elected as the American Chamber of Commerce’s (AmCham’s) new China chairman.
Former Law Lord Lord Steyn hit out last night (Wednesday 29 November) at the government’s record in Iraq and called for the restoration of the international rule of law.
Taylor Wessing partner Paul-Albert Iweins has stormed to an early victory in yesterday’s (Tuesday 28 November) Paris Bar Council elections, winning the first round (and securing reelection) by a majority of more than 200 votes.
At The Lawyer we very rarely write about the legal aid sector. But many commercial lawyers who have never set foot in a law centre are increasingly alarmed at the effect of the Carter review on access to justice.
One competition partner at a magic circle firm says he was just about to attempt a conference call about a particularly sensitive merger when, on checking there were no unfriendly ears on walls, he realised he recognised his neighbour. It was none other than former European competition supremo Mario Monti.
Age regulations have left some gaping holes in the clarification of some pension benefits. Katie Banks and Jill Clucas report
What was your first-ever job?A summer job baling hay and straw for £1 per hour, plus breakfast and free beer throughout the day, which seemed a fortune in the mid-1970s.
Thring Townsend partner Kerrie Hunt advised the England rugby coach Andy Robinson on his exit this week.
Regular readers may recall that a few weeks back Tulkinghorn reported on the diminishing possibility of doing any work at all while on a Dubai-bound plane due to the overpopulation of eager lawyers on fly-in, fly-out operations.
Travers Smith is seeking best friend referral relationships with Indian firms in a bid to benefit from mushrooming transactional work coming in and out of the country.
Bradford-based Schofield Sweeney has hired two new partners. Andrew Finfer, a commercial, competition law and procurement specialist, joins the firm's Leeds office from Leeds-based Walker Morris. Commercial property partner Howard Allen joins the firm's Bradford officer from DLA Piper in Leeds, where he worked for ...
In-house elite gather at Monte Carlo
Christmas comes early for many US associatesIt's the most wonderful time of the year for US associates. Those US firms that announce partnership promotions ahead of the new financial year have made a swathe of new partners very happy - and considerably better off.
Any dispute over the influence of US firms on UK-based deals has been quashed following the sale of UK company The Stationary Office, the publisher of Hansard and The Highway Code, to Williams Lea Group. A swathe of US firms was instructed on the deal, which is expected to complete within seven weeks and which saw UK company Williams Lea, a unit of Deutsche Post, acquire The Stationary Office from Apax Partners for £130m.
The infrastructure and project finance teams at Ashurst, Walker Morris and Eversheds won the key roles advising on waste company RE3's £600m contract with Central Berkshire. The 25-year PFI deal will see RE3 provide waste management ...
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Weil Gotshal & Manges has promoted 20 lawyers to its partnership, although London only generated one promotion.
White & Case has carried out a second raid on Dewey Ballantine, poaching its rival’s head of restructuring in New York.
White & Case has raided Dewey Ballantine in Washington DC for two of the US’s most prominent energy lawyers, including Dewey’s global head of energy markets and regulatory.