29 January 2007
While DWF managing partner Andrew Leaitherland is optimistic about his firm's post-merger strategy with Ricksons, it seems that not everyone in the Ricksons camp is convinced.
Bristol-based Bond Pearce has hired contentious regulatory associate Dale Collins from local rival Osborne Clarke.
'Tis the season for US figures - and most firms are quietly predicting strong performances.
Birmingham-based St Philips Chambers has released its last year-end figures before its merger with Three Fountain Court, showing a growth in revenue of 25 per cent to £32m in 2006.However, the turnover does not include the income of the 21 barristers, including Stephen Lineham QC and Philip Parker QC, who joined St Philips in August following last summer’s collapse of Three Fountain Court.
Allen & Overy (A&O) has appointed an associate to its global management team as part of its ongoing associate retention scheme.
On the day that Linklaters confirmed Simon Davies as its new managing partner, The Lawyer revealed news of a slightly different addition to the management team at magic circle rival Allen & Overy (A&O).
Addleshaw Goddard and Clifford Chance have committed to a new government scheme to close the gender pay gap.The Exemplar Employer scheme, launched today, commits the firms to initiatives ranging from encouraging women to try for partnership to suppor...
Herbert Smith owes a lot to David Willis. Had the London-based corporate partner not risked nuclear contamination the firm may not have secured Russia's leading tax lawyer Oleg Konnov and M&A specialist Alexi Roudiak (The Lawyer, 22 January).
Baker & McKenzie has strengthened its ties with cosmetics company L'Oréal after winning a trademark battle in the Court of Appeal.
Clifford Chance’s newly qualified associates are now on base salaries of £81,000. But only in the US. The magic circle’s limited largesse came in response to a flurry of raises in associate pay at US firms. All it took was for one firm to announce a hike for a snowball effect to happen.
With its new Companies Amendment Act, Bermuda is more appealing as a global business jurisdiction. By Ernest Morrison and Jonathan Betts
As the private equity market expands, the BVI has recognised that more transparency is needed, says Leonard Birmingham
Bryan Cave’s seven-partner London office has posted a 22 per cent rise in turnover for its 2006 financial year, with revenue up from £10.9m to £13.3m.
Field Fisher Waterhouse has lost corporate partner Robert Wieder to the London office of US firm Bryan Cave.
In a tumultuous few days for CMS Cameron McKenna, the mid-tier firm overhauled both its partnership structure and management committee.
Canadian oil company Talisman's $550m (£276.74m) disposal of North Sea assets to a subsidiary of the Abu Dhabi National Energy Company (TAQA) has pushed the value of deals that CMS Cameron McKenna has advised on for Talisman to more than $1bn (£503.17m) in 2006 alone. The oil company has a longstanding relationship with Camerons' Aberdeen office in particular, with oil and gas partner Stephen Millar managing ...
Linklaters' hire of Sir Christopher Bellamy could have critics eating their words, says Caroline Binham
Recent judgments in the Cayman courts have highlighted the issue of the fiduciary duties of trustees. Sara Collins reports
One doesn't have to be a fan of Celebrity Big Brother to be familiar with the issues that have dominated the media concerning alleged racism in the house and the extent to which Endemol and Channel 4 have created hostility between the contestants to boost flagging viewing figures.
The Channel Islands is getting the better of fraudsters by working together with other jurisdictions. By John Greenfield
Some folk are always up for a bit of a row.The return of QC appointments last year caused much consternation around the Inns and this year looks like being no exception.Clerks and would-be QCs were most upset that they would have to fill out their application forms over Christmas. However, once the difficulties were pointed out to the panel, they quickly gave a fortnight's ...
Clyde & Co has expanded its corporate insurance practice by scooping rival Ince & Co’s head of corporate insurance.
Orrick Herrington & Sutcliffe’s offices in China have come under threat again after a local court ruled that the firm was liable for defunct firm Coudert Brothers’ local liabilities.
The Court of Appeal saw an increase in its workload last year, but will still be forced to make redundancies due to financial restraints, it has been revealed.
Cushman & Wakefield is continuing its drive in the European property market with the addition of two new members to its growing legal team.
Director of legal services David Gibson has been a steady influence as Rexam's business has evolved down the years. Joanne Harris reports
Harrogate-based Davidson Webber has launched an employment group, hiring DLA Piper's former head of HR in Leeds. David Hill, who left DLA Piper in 2005 to set up as a sole practitioner, joins Davidson Webber as a consultant. He brings with him clients including Yorkshire Water and Lincolnshire Police Authority. Also joining the firm is Gaynor Beckett, who joins from 20-lawyer Halifax firm Finn Gledhill. ...
Asia chief Simon Davies has emerged as the favourite to win the Linklaters’ two-way managing partner race.
It was almost an historic occasion last Tuesday night (23 January) when private client aficionado Dawsons nearly celebrated its 300th birthday with a bash in the old-world splendour of the Wallace Collection. Nearly, that is, because at the last moment the firm realised it wasn't actually 300 years' old.
Denton Wilde Sapte (DWS) has promoted 26 associates firmwide to senior solicitor, 73 per cent more than it did last time round.
Orrick's merger talks with Dewey Ballantine collapsed amid a welter of recrimination. Who was to blame, and where do the two firms go now?
Dewey Ballantine’s New York office has suffered another senior partner departure in the wake of its failed merger with Orrick Herrington & Sutcliffe.
DLA Piper is pushing its new trade group across Europe, the Middle East and Africa (Emea) with a lateral hire from UK lobbying group the UK Food and Drink Federation. Sarah Salmond will join as a senior consultant, the second senior lateral hire the team has made in six months from outside private practice. Last September DLA Piper created its first trade capability outside the US by hiring team head ...
DLA Piper to act pro bono for Red Cross" /DLA Piper has become the exclusive pro bono service provider to the French Red Cross. The law firm selected the Red Cross in the wake of its commitment to helping and protecting disadvantaged people in France. Initially, nine lawyers in DLA Piper's Paris office will participate ...
DLA Piper has plundered Clifford Chance’s Saudi Arabian alliance firm for a new global head of Islamic Finance.
The rules for collective investment funds in Dubai is forcing other offshore jurisdictions to rethink their approaches, says Bill Gibbon
DWF has taken the first step after its tie-up with Ricksons in implementing its postmerger strategy, as the firm boosts its real estate offering in Liverpool and Preston.
Tulkinghorn sends his thanks to Gaye Moran, a solicitor and also senior lecturer at London South Bank University, for the following response to the revelation (15 January) about Dewey Ballantine chairman Mort Pierce's remarkable annual hours.
Former Dewey Ballantine London capital markets rainmaker Camille Abousleiman has hit the ground running at LeBoeuf Lamb Greene & MacRae, closing three Eurobond offerings within his first week.
Former Nabarro Nathanson partner Paul Kohler is behind a scheme that has turned a disused West End public toilet into a bar.
Farrer & Co has moved to bolster its private client and tax teams with a double hire into its partnership after raids on both Taylor Wessing and Lawrence Graham. Taylor Wessing head of contentious trusts and estates Toby ...
There is yet more activity in the world of… er… complaining about lawyers. The Solicitors Regulation Authority (SRA), which until this month was known as the Law Society Regulation Authority, is consulting the profession on whether to make its reprimands public.
US firm Foley & Lardner intends to become the latest entrant to mainland China, poaching Weil Gotshal & Manges’ China IP head in preparation for a launch in Shanghai.
Five former Haarmann Hemmelrath partners have set up a spin-off firm, which is being launched in Düsseldorf this month.
A multimillion-pound fraud litigation that is an off-shoot of a feud started almost two decades ago finally received the go-ahead after a defence mounted by Bar Council chair Geoffrey Vos QC was rejected.
Freshfields Bruckhaus Deringer’s finance team has been rocked by the departure of three partners.
Gide Loyrette Nouel has the distinction of being one of only a handful of international firms present in Morocco.
Clifford Chance’s Frankfurt office has lost a team of public procurement lawyers to German firm Görg, as one partner and four associates leave the magic circle firm.
Guernsey is looking at Jersey’s efforts in enacting its extradition law to benefit from its experience. By Alison Ozanne and Doug Hayter
Consolidations and mergers, such as 11 New Square's and 11 Old Square's merger to form Radcliffe Chambers last June, have been rife at the bar in recent years, but one set that has seen huge profits from doing the total opposite is Hardwicke Buildings.
West Coast firm Heller Ehrman has managed to hire ex-PricewaterhouseCoopers (PwC) global general counsel Lawrence Keeshan barely a week after its London launch.
Indian conglomerate and Herbert Smith client Tata emerged triumphant in an eight-hour £6.7bn auction for Anglo-Dutch steelmaker Corus last night.
YouGov and The Lawyer have conducted the biggest survey of the legal profession that has ever been undertaken, and 51 per cent of respondents selected associate retention as one of the biggest issues facing the legal profession today. Even 30 per cent of in-house counsel see it as an important issue.
Hunton & Williams corporate partner Peter Kavanagh has quit the firm's partnership to become business affairs director with the Ambassador Theatre Group (ATG).
The UK-India Joint Economic and Trade Committee (Jetco) legal talks have made a dramatic breakthrough as India’s official legal body, the Bar Council of India, has joined negotiations on liberalisation.
India’s largest law firm Fox Mandal Little has teamed up with the UK-based outsourcing firm Centric, to set up a legal process outsourcing (LPO) firm in the Indian capital.
Ireland is steaming ahead in financial services. By Brian McDermott and Nollaig Greene
A Privy Council case heard in the Isle of Man has helped to clarify certain aspects of international insolvency law regarding cross-border cases. Robert Long reports
A revamp of Jersey's company laws is ensuring it stays an offshore leader. By Wendy Benjamin
Macfarlanes has scooped public law partner Ian Ginbey from Jones Day in a rare lateral hire. Ginbey is only Macfarlanes' second lateral partner in seven months after head of international benefits Jane Marshall joined the firm from Hammonds last June. Ginbey brings particular expertise in airports and retail and leisure ...
The first-ever benchmarking group for city council legal departments is being set up.
US firm Latham & Watkins has secured the hire of its second prominent Enron prosecutor.
Nottingham Law School has hired Lovells litigation partner Keith Gaines as its new dean.
The Law Society has slammed Revenue and Customs for its strike today, warning that delays in handling tax applications could lead to fines for thousands of property lawyers.
A question many firms are grappling with at the moment is whether or not they should each tie up with just one LPC provider for their future trainees' LPCs.
Linklaters has made its first move to replenish its Italian offering by hiring star banking and finance partner Davide Mencacci from Allen & Overy’s Milan office.
Asia chief Simon Davies has officially become the victor of the Linklaters’ fiercely fought managing partner battle.
Linklaters is positively gorging itself on its magic circle rivals at the moment. As revealed exclusively today on www.thelawyer.com, Linklaters is hiring young private equity star Ian Bagshaw from Clifford Chance - and with him gaining footholds ...
Linklaters has continued its assault on its magic circle rivals with the hire of Clifford Chance private equity star Ian Bagshaw.
Eversheds, Pannone and Hammonds are advising on the property redevelopment of the Park Hill site - the largest Grade II listed building in the UK. Hammonds, led by solicitor Jonathan Perry, and Sheffield Council in-house solicitor Andrew Toogood are advising the council on the £146m redevelopment. The project will be carried out by Urban Splash using £14.8m of grant funding provided by English Partnerships ...
Real estate and hedge fund investors should pay attention to current developments in Luxembourg legislation, says François Pfister
Patent and trade mark attorney firm Marks & Clerk has launched an office in Shanghai, becoming one of the first UK IP agencies to open on the Chinese mainland.
Mayer Brown Rowe & Maw has entered into a strategic alliance with Spanish law firm Ramón & Cajal, extending the firm’s foothold into Europe.
Mayer Brown Rowe & Maw (MBRM) has boosted its London finance group by hiring a structured securities specialist from the London office of Gide Loyrette Nouel.
Partners at Mayer Brown Rowe & Maw (MBRM) have emerged as the most productive in France, bringing in almost €6m (£3.93m) worth of business each last year.
Leeds-based sports and media specialist McCormicks is to split following a management buyout by six equity partners, who are forming their own practice.
McDermott Will & Emery has launched in Asia with the first strategic alliance between a US and Chinese law firm.
Merrill Lynch executive vice president and general counsel Rosemary Berkery has scored a stock bonus worth some $8.2m (£4.16m) for 2006. The bonus is not a cash payment and is awarded through stock options, according to a Securities and Exchange Commission filing made in the US last week. Berkery was awarded 85,573 restricted Merrill Lynch shares, which will vest in four equal installments starting on 31 January 2008, according to the filing. Merrill Lynch shares trade at around the ...
Morrison & Foerster (MoFo) has boosted its Hong Kong office with the hire of two partners from US rivals.
Morrison & Foerster (MoFo) has beefed up its London technology practice with the hire of Chris Coulter from Ashurst.Coulter’s move coincides with the hire of two Freshfields Bruckhaus Deringer partners, ...
Offshore firm Mourant du Feu & Jeune has boosted its London presence, transferring two of its leading partners across from its Jersey headquarters.
Bupa has bolstered its in-house legal capability with the hire of a Leeds-based Addleshaw Goddard corporate finance partner.
The aggressive expansion campaigns that have typified offshore firms over the past 12-18 months are showing no signs of slowing down. For example, Mourant du Feu & Jeune proved this week that its "aggressive international expansion" plans are more than just hype by doubling its partnership offering in London.
Offshore giant Ogier has completed its merger with WSmiths in the British Virgin Islands (BVI), giving the firm access to three further offshore jurisdictions.
Olswang has advised PartyGaming on the acquisition of assets and businesses from Empire Online and Intercontinental Online Gaming (IOG). The firm's London office, led by corporate partner Paul Blackmore, advised PartyGaming on the purchase of Empire Online's gaming assets and all of IOG's business and assets in exchange for more than $66m (£33.21m) in shares. Empire Online was advised by
This week The Lawyer is publishing the first findings from a massive research exercise that we carried out with YouGov earlier this month. Nearly 3,000 lawyers took part, making it the biggest statistical survey of its kind in the legal profession.
Paul Weiss Rifkind Wharton & Garrison is being sued to the tune of $80m (£40.25m) by a former Citigroup executive, who claims the firm breached conflict of interest rules.
The deadline for QC applications closed on Monday (January 29) prompting a barrage of complaints from harrassed barristers struggling to meet the tight deadline.
German insurer Allianz called in its preferred legal adviser Shearman & Sterling, led by German managing partner Georg Thoma, to advise on the €10.2bn (£6.8bn) purchase of shares in Assurances Générales de France (AGF). Thoma is the relationship partner for Allianz, along with corporate partner Hans Diekmann, and advised on the insurer's £3.85bn takeover of Italian insurance group Riunione ...
Simmons & Simmons is leveraging off its financial markets practice to open an Amsterdam office, its second in the Netherlands.
Simmons & Simmons has managed to retain its leading role on one of the Ministry of Defence's (MoD) biggest-ever outsourcing deals, despite being booted off the panel last year.
Simmons & Simmons’ brand new Amsterdam office has wasted no time in hiring its first lateral partner.
Simpson Thacher & Bartlett has hiked associate salaries by 10 per cent as the battle for New York talent hots up.
Skadden Arps Slate Meagher & Flom has taken Cadwalader Wickersham & Taft’s head of antitrust plus two of his partners.
Whoever said lawyers weren't of strong will and high moral fibre hasn't met Herbert Smith planning partner Matthew White.
Stephenson Harwood has dipped its toe into the emerging Turkish market following a long-term real estate client's $750m (£377.38m) purchase in what is Europe's largest single-asset transaction in recent years.
Taylor Wessing has beefed up its corporate practice with the hire of Hammonds partner Tom Cartwright.
Sets to have their say over client gift furoreA commotion is brewing at the bar as the barrister's right to entertain came under scrutiny last month.
The Lawyer/YouGov survey reveals two-thirds of associates at UK’s top 10 firms reject partnership
So what exactly is going on at Bingham McCutchen's London finance practice? The Boston-based firm's London office has witnessed a string of departures from its finance department during the past six months.
A busy 12 months for offshore firms have seen a number of changes in the market, as well as to the firms themselves. By Gemma Westacott
Name: Tim GeeFirm: Baker & McKenzieTitle: Global head of M&A Lives: Chelsea Education: Bedford School; Worcester College, Oxford Work history: ...
What is offshore nowadays? Globalisation has changed everything. By Simon Gray
Bird & Bird has managed to bring in a three-lawyer sports team from Hammonds to accompany the hire of rated commercial sports specialist Jonathan Taylor. Hammonds senior associate Max Duthie joins Bird & Bird as a partner, with a practice focusing on contentious disciplinary issues. Associates Iain Higgins and Anna-Marie Blakeley complete the team. Taylor said: "I do think this team can go out and ...
White & Case's co-head of international arbitration, Cyrus Benson has quit for tival US firm Gibson Dunn & Crutcher.
Newcastle-based Watson Burton has worked pro bono on a project to provide disadvantaged young people with access to sports facilities and coaching.
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The knots one can get oneself into in these sartorially disparate days. Evidence of the clothing conundrums was on show at The Lawyer's recent Hot 100 party.
White & Case has continued its period of expansion in its global arbitration team with the hire of sole practitioner Kathleen Paisley.
The Lawyer's groundbreaking survey by YouGov revealed that 54 per cent of women surveyed believe that associate retention is one of the most important issues facing the profession.And the way to retain them? Women, far more than their male colleagues, overwhelmingly favoured alternative career paths and flexible working.