28 November 2011
The Lawyer
Allen & Overy: yes, we are pruning the equity again
Allen & Overy (A&O) has returned to managing its equity partnership after a two-year hiatus.
Allianz lit funder pulls plug in Europe
Third-party funder Allianz Litigation Funding has withdrawn from the European and UK market.
Arbitration gains ground in India despite holdups and cost concerns
Arbitration as a form of dispute resolution is increasing in popularity in India, but remains beset by administrative problems, a survey has found.
BLP lawyer wields a mean axe
For many - and certainly for electric guitar fanatics - he was the star of this month’s LawRocks battle of the champions.
Bristows, Carey Olsen secures CISX listing for litigation fund
Bristows and offshore firm Carey Olsen have advised new client Argentum Capital on its multimillion-pound listing on the Channel Islands Stock Exchange (CISX).
Clydes acts for Eversheds on airport negligence case
Eversheds has instructed Clyde & Co partner Sarah Clover to defend it in the High Court over a profession negligence claim brought by former client Newcastle International Airport.
EMW leads on £56m deal to expand MK Dons’ stadium
EMW has acted on a £56m transaction to create a new shopping centre for Milton Keynes and add 10,000 seats to the MK Dons’ stadium in the town.
Eversheds takes on brief for property duo
Eversheds is advising two property companies that have joined forces to create a £150m build-to-let fund aimed at giving institutional investors the chance to make large investments in the private rented sector.
Focus: Manches - Salvage operation
Manches has been adrift financially for the past three years. But it’s now banking on chief executive Judit Petho to steer it out of the doldrums
Freshfields there for Phoenix as it mulls CVC takeover bid
Zombie life assurance fund Phoenix Group Holdings has turned to long-time legal adviser Freshfields Bruckhaus Deringer for advice on its takeover talks with CVC Capital Partners.
Gleiss alliance agreement stalls Herbies’ German plans
Herbert Smith’s plans for a German launch following the collapse of its alliance with Gleiss Lutz face delay due to a 12-month non-compete clause in the alliance agreement.
Global deeds
In an astonishing growth spurt, Chinese law firms are following their clients by going global with a vengeance. Yun Kriegler reports
Herbies: solo empowered?
Let’s play Pollyanna for a moment. Could it be that the collapse of the alliance with Gleiss Lutz and Stibbe is a blessing in disguise for Herbert Smith?
High Court orders Herbert Smith and RBS to bare all
Fresh twist in Highland Capital case as privilege waived further
Hire power
Lateral hires in Hong Kong highlight market optimism as the jurisdiction repositions itself as an offshore Rmb centre. Yun Kriegler reports
L2B event proves it’s never too late for law
Training contracts are often described as being like gold dust, but for mature applicants and career-changers the competition is arguably even more fierce, with a vast number of law firm graduate recruiters appearing to gear their campaigns towards 21-year-old budding lawyers.
Legal apprenticeships take on new relevance
In the past year a number of firms have begun flirting with the idea of the modern legal apprenticeship. But what is the attraction of the model and is there a place for it in the legal market?
Live wire: Mo Ajaz, National Grid Property
Given the state of the market, National Grid Property general counsel Mo Ajaz has plenty on his plate. Luckily, he knows the company inside out, says James Swift
On the move
Legal process outsourcer Global BPO has hired former Charles Russell managing partner James Holder as chairman of the company.
Opinion: First conviction proves Bribery Act has sharp teeth
Munir Patel was a clerk at Redbridge Magistrates Court. Aged 22, he earned £17,000 per year, but evidently decided this was not enough.
Riding with the dragon
Chinese outbound investment is rising exponentially, providing international law firms with a new and increasingly important client base. Yun Kriegler reports
Sheffield Hallam Uni latest to abandon GDL
A seventh institution has fled the GDL market this year due to poor enrolment.
Sherrards
St Albans firm Sherrards began life more than a century ago, offering traditional ’high street’ services.
The big switch
New energy legislation and diversification into previously stagnant areas of practice are keeping a home grown dominated Bulgarian legal sector active, says Dale McEwan
Tulkinghorn: Wine fella
After seven years as joint head of chambers, it is time for Blackstone’s Ian Mill QC to stand down. So what does a workaholic do when he finds himself with some spare time?
Will Macquarie panel solve mandate mystery?
Baker & McKenzie, Clifford Chance, Freshfields all in the running to win coveted places on the inscrutable bank’s first-ever legal roster. By Joshua Freedman
Work Life Quiz: Andrew Brecher, Brecher
