28 November 2005
City law firms are lining up to cash in on the bidding war for UK pubs group Spirit.
City firm Rosenblatt is celebrating its first deal for new client Luminar. The firm advised Luminar on the £9.8m acquisition of 10 nightclubs from the Nightclub Company. The clubs are located across the UK. Rosenblatt was approached by Luminar for the work because of the reputation of senior partner Ian Rosenblatt. The deal was led by corporate partner Rosenblatt with Cathy Cearns. Hammonds and Speechly Bircham acted for the Nightclub Company.
11 King's Bench Walk is launching a dedicated information law practice group.
Akin Gump Strauss Hauer & Feld is tackling the time zone challenge head-on by boosting its efforts to maintain a 24-hour operation.
Clifford Chance's famous strategic review earlier this year, in which it considered the economic consequences of three hypothetical scenarios (China invades Taiwan; the US adopts an isolationist policy after being bogged down in Iraq; and a continuation of the status quo), also contained a fourth: what will happen when the Indian legal market opens up to foreign lawyers?
Baker & McKenzie has scooped the lead role advising the Macquarie Bank on its expected bid for the London Stock Exchange (LSE).
Bingham McCutchen is gearing up for a slew of global office moves, in a campaign that rivals Clifford Chance's record-setting spate of relocations in the summer.
Lewis Silkin has lost head of employee incentives and partner Guy Abbiss to Bird & Bird, where he will lead the employee benefits and incentives team. Abbiss will remain a consultant at Lewis Silkin until February 2006. Bird & Bird has also recruited Richards Butler film finance associate David Quli (left) as a ...
Berwin Leighton Paisner (BLP) has become the latest UK firm to agree to convert to limited liability partnership (LLP) status.Following a partnership vote on 31 October, the firm has converted to LLP status, effective from today (1 December).Managing partner Neville Eisenberg said: “The conversion process has been very smooth.”
The Chartered Institute of Arbitrators' board of trustees has elected Doug Jones, a partner with Australian firm Clayton Utz, as chairman. The London-based institute, which was founded in 1915 to promote and facilitate dispute resolution, has 10,500 members representing more than 90 countries.
Yorkshire firm McCormicks has hired Martin Grange as head of property. Grange joins the Leeds office from Hammonds.
When RiverStone's staff finish managing run-offs, they run for fun. Needless to say, the corporate structure is lean. Helen Morris meets general counsel Catherine Regan
Decision on non-equity partners postponed till 2006 as management buys back Cadwalader defector
Clifford Chance has bagged its first successful M&A deal for Punch Taverns thanks to a Slaughter and May conflict.
Great news: tax just got sexy. It's fair to say most lawyers regard their tax specialists with a mixture of awe and incomprehension. But tax lawyers are no longer pigeonholed as the obscure boffins, or even as the awkward ones who always ask the bolshie questions at partnership retreats. They're now firmly at the top of headhunters' lists.
Clifford Chance's Paris office has bagged an acquisition finance partner from White & Case, but six lawyers resigned from the firm in the same week.
Clifford Chance and Allen & Overy's (A&O) Hong Kong branches have scooped key advisory roles on the world's largest IPO for a real estate investment trust (Reit).
Faegre & Benson partner Robert Bond has been appointed by the French data protection watchdog, the Commission Nationale de l'Informatique et des Libertés (CNIL), to assist French companies with the Sarbanes-Oxley Act.
Colt Telecom's new regulatory head Robin Saphra has been handed the dual role of legal and regulatory head following the resignation of general counsel Jane Forrest.
Debevoise & Plimpton has landed an instruction from Russian steel manufacturer Novolipetsk, which is set to list on the London Stock Exchange with a value of £6bn - the biggest UK flotation for five years.
DLA Piper Rudnick Gray Cary has overhauled its finances as it aims to enhance Anglo-American integration within the firm.
DLA Piper Paris hires Paul Hastings IP/IT head" /DLA Piper Rudnick Gray Cary has made its first lateral hire in Paris since Piper Rudnick launched in the French capital in July 2004. Paul Hastings' French IP/IT head Patrick Boiron will be DLA Piper's first dedicated partner in the Paris technology, media and ...
South East law firm DMH Stallard has captured two new partners for its public law and corporate finance teams.
Weil Gotshal & Manges has completed its first successful mandate for Lion Capital and Blackstone Group on their £1.27bn purchase of Cadbury Schweppes' European drinks business.
The European Commission has warned European Union (EU) countries it will act against tough entrance restrictions and rules limiting services offered by lawyers.
Sinclair Roche & Temperley has made a successful application to replace the employment tribunal in its acrimonious case against two former partners.
Russell Jones & Walker has won a crucial employment appeal on behalf of a woman fighting for equal pay and treatment at work.
Equitable Life has settled its outstanding litigation against nine former directors, with Allen & Overy (A&O) and Simmons & Simmons recovering costs from the insurance firm, The Lawyer can reveal.
National firm Ever-sheds has won Icelandic retail company Baugur Group as a new client after advising on its acquisition of luxury jeweller Mappin & Webb Group (M&W).
Eversheds has entered a groundbreaking Anglo-Irish alliance with top-10 Irish firm O'Donnell Sweeney.
Former Mishcon de Reya managing partner Anthony Julius has been accused of breaching Law Society rules as part of a multi-million pound dispute between two brothers.
Extreme Group has gained a new chief operating officer and head of legal.
Spotted! Guess which Hong Kong office of a certain international firm has a high-powered telescope pointed directly across the road into the window of a competing law firm?
The 2005 Rock, Paper, Scissors International World Championship was held in Toronto last month. As more of a whist, backgammon and bridge afficionado, Tulkinghorn is mystified as to the nature of this so-called game, but is assured it is a wide-spread pastime, notably on the far side of the Atlantic.
Senior partner: Richard Barnett Turnover: £6m Total number of partners: Four Total number of staff: 300 Main practice areas: Conveyancing, commercial, personal injury Key clients: Major institutional lenders Number of offices: One Location: Southport
A Shoosmiths partner found himself blushing during the firm's recent partner retreat in Spain. Having had his fill of good cheer earlier in the night, the wayward partner awoke to answer a call from nature. But in his bleary-eyed state he made a rather crucial wrong turn and found himself standing in the hallway, locked out of his room, in only his birthday suit.
Houston-based Fulbright & Jaworski has become the latest firm to launch in the Middle East, making the move through affiliated offices in Dubai and Riyadh.
Mourant du Feu & Jeune has reaffirmed its position as the leading fund law firm in Jersey as the number of funds serviced in Jersey broke the 1,000 barrier.
The plot thickens in the battle to become SJ Berwin's next senior partner. Whispers of discontent from within the partnership claim that incumbent senior partner David Harrell is 'secretly' backing head of private equity Jonathan Blake as his successor.
Harper Macleod supports autism advocacy service" /Scottish firm Harper Macleod is providing pro bono support for a new advocacy service being launched by one of the UK's leading charities for people with autism.
Which former Simmons & Simmons partner racked up so many air miles that he won a special award from British Airways for exceeding the legal limit set for its pilots?
Hempsons has boosted the ranks of its London office with the hire of a healthcare specialist from Bevan Brittan.
Herbert Smith and its German ally has Gleiss Lutz have scooped instructions to advise Swiss Re on the $6.8bn (£3.95bn) acquisition of GE Insurance Solutions.
Tampa-based Holland & Knight is to close nine of its regional US offices and lay off about 40 fee-earners in a dramatic shake-up aimed at increasing profitability.
There is little doubt that the Iberian market, in particular private equity, is rocketing. While historically the corporate market has focused on mid-cap transactions, the past 12 months have witnessed a surge in mega-deals, such as Cortefiel,Auna and Amadeus Global Travel.
Gemma Westacott on the month in the US: Gibson Dunn examines salaried-partner tier Shearman overhauls NY banking and finance Coudert continues disbandment Kilpatrick downsizes City presence US firms focus on NY expansion Reed Smith and Greenberg Traurig hunt for US mergers International roundup Coming up: Europe: 5 Dec Asia: 12 Dec Europe: 9 Jan US: 16 Jan
McGuire Woods is growing fast and it intends to continue its rapid expansion, with a UK office high on its list of priorities.
Kilpatrick Stockton has all but completed the downsizing of its London office, with former partners warning that the overhaul is likely to be rolled out to the firm's wider network.
Latham & Watkins has raided Ashurst’s Munich office to hire three lawyers, including private equity heavyweight Jörg Kirchner, to launch its own local presence.
Tim Lawson-Cruttenden, the scourge of animal rights activists, has turned his attention to peace campaigners in a High Court case for EDO Technology, which makes weapons and weapon-related equipment for the US and UK governments.
For the first time, The Lawyer has analysed UK law firms' half-year results to predict the top fifty's full-year figures
Linklaters has landed Dubai-based container terminal operator DP World as a new client after advising it on its £3.19bn recommended bid for P&O.It is understood that the magic circle firm won the mandate to advise DP World following a beauty parade and thanks to a recommendation from Deutsche Bank.The all-cash offer, which was announced earlier today (29 November) will be implemented through ...
Matt Byrne on issues facing management in the last month: Assistant departure rate figures at alarming high Return to form on the cards for firms' 2005-06 revenue results n Wragge reshuffles corporate practice Lovells' global exec squeezed Monthly column Coming up: The bar: 5 Dec Regional: 12 Dec In-house: 9 Jan Management: 16 Jan
Mayer Brown's partnership group quits for Addleshaws" /Mayer Brown Rowe & Maw's respected partnership law team is defecting to Addleshaw Goddard.
US firm Milbank Tweed Hadley & McCloy has elected two new partners in the firm's Munich and London offices. Former associate Ulrike Dormann has been named partner in Milbank's global corporate department in Munich, while James Warbey has been named partner in the firm's London finance group, which includes international capital markets and securitisations. They are two of eleven Milbank attorneys promoted to the partnership this year.
Morrison & Foerster, Cooley Godward and Davis Polk & Wardwell have been instrumental in ending a row between the Tamiflu vaccine inventor and its producer.
Midlands firm Martineau Johnson has poached Nabarro Nathanson partner Mario Conti for its pensions team. Conti was formerly an equity partner and member of the partnership board at Nabarros. He will join Martineaus' pensions group to work on merging and restructuring pension schemes. Conti is a qualified barrister and was called to the bar almost 30 years ago. First revealed on www.thelawyer. com 23 November
Can Spain's latest legislation alleviate the legal doubt surrounding special working relationships between lawyer's and firms? Joaquín García-Romanillos reports.
Nikki Singla, barrister, Wilberforce Chambers Under-funding, high staff turnover and huge caseloads threaten our county court system
Orrick Herrington & Suttcliffe has completed its first Chinese IPO less than a week after opening in Hong Kong with the former Coudert Brothers team.
Orrick Herrington & Sutcliffe has finalised its merger agreement with French independent Rambaud Martel in a deal which will see 18 Rambaud partners join the US firm in January 2006.
Oh dear. Tulkinghorn had thought England's outstanding success in this summer's Ashes had been milked for all it was worth. Then Ozannes' newsletter arrived: "With England winning back the Ashes in tremendous fashion this summer, we are delighted to report that Ozannes' cricket team have faired [sic] equally well." Quite.
Partners may be good lawyers, but some need help with their complementary skills. By Martin Wright
Top City firms are gearing up for promotions as a new M&A boom takes hold. By Catrin Griffiths
Paul Hastings Janofsky & Walker has poached Latham & Watkins lawyer Andrew Hutton as of counsel for the firm’s capital markets group in Hong Kong.
Strict laws governing financial assistance have not slowed the buoyant Spanish market. But such complex transactions need greater legal clarity, says Jose S´nchez-Dafos
Michael Fielding embezzled millions from Lawrence Graham’s client account and then fled to the US. In his first full interview since Fielding’s conviction this month, senior partner Bill Richards tells Donna Sawyer how much it damaged the firm - and why partnerships still have to be based on trust
Spanish law holds building contractos individually responsible for safety and quality issues, though blame is still often jointly apportioned in court, reports Alex Guillamont
Before he made his name in Coronation Street, Bryan Mosley played a very nasty man in Michael Caine's seminal British ganster flick Get Carter. Not a lot of people know that.
Simpson Thacher & Bartlett and Danish firm Bech-Brunn have teamed up to advise the Apax-led consortium that has won the TDC auction.
SJ Berwin has confirmed its launch into the Italian market, first reported in The Lawyer (11 July), with the hire of private equity and acquisition finance heavyweight Alberto Morano and a team of three partners.
Allen & Overy (A&O) has been rocked by the shock resignation of finance partner Clive Wells.
Skadden Arps Slate Meagher & Flom has scooped the role of international adviser to the Australian government on the sale of its remaining stake in national telecommunications giant Telstra.
Slaughter and May and Lovells have retained their roles as advisers to Prudential and Egg as the insurer takes full control of the internet bank.
Apparently a number of lawyers have jumped onto the increasingly popular trend for podcasting. In case you didn't know, a podcast is an on-demand radio-type programme in the form of an MP3 audio file that is downloaded from the internet and then loaded onto an MP3 player. According to Eriq Gardner of Corporate Counsel magazine, among the leading legal lights in this area is US firm Reed Smith IP lawyer ...
Matthew Rea, managing partner, Dawsons
Brick Court Chambers has bagged a high-profile South African silk as a door tenant. Jeremy Gauntlett SC, a member of the Cape and Johannesburg bars, becomes the magic circle set's ninth door tenant. Gauntlett is currently leading the constitutional challenge to the last presidential election in Zimbabwe. His practice encompasses public and administrative law as well as general commercial work. In addition, Gauntlett serves as a Judge of Appeal in Lesotho twice a year and sits as an ...
Newcastle Watson Burton has seen its half year turnover rocket up 59 per cent.
Weil Gotshal & Manges' Paris managing partner Claude Serra will be elected to a newly created position on the firm's management committee this Friday (2 December).
Weil Gotshal & Manges is bulking up its Paris restructuring department with the hire of a team from US rival Willkie Farr & Gallagher.
White & Case and US litigation specialist Entwistle & Cappucci have negotiated a $1.1bn settlement bringing the dispute between Dutch food retailer Royal Ahold and its shareholders to an end.White & Case New York litigation partner Glenn Kurtz led Ahold’s defence of the securities class action. Founding partner of Entwistle & Capucci Andrew Entwistle was lead counsel for the claimants, the ...
The judiciary may be renowned for its eccentricities, but sometimes the clerks can outshine their lordships for oddness. One of Tulkinghorn's scribes gamely took it in good humour when, upon calling the High Court recently, a clerk playfully compared journalists with ladies of the night.
Wragge & Co's head of pro bono Steve Butts may be a lot of things to a lot of people, but a black woman he ain't. So Tulkinghorn was surprised to see his name on a list of award winners for the Black Women in Business Awards. Is there some strange Michael-Jackson-skin-alteration-cum-gender-reorientation thing going on? If so, why hasn't Tulkinghorn been told about it?