29 March 2004
Allen & Overy (A&O) has emerged as a surprise contender for a much sought-after place on private equity firm Apax’s leveraged transaction panel.
The general counsel of Alcatel’s communications, information and telecoms division, Marc Jany, has quit the French company to join Framatome ANP.
Burges Salmon has elected a new senior partner to replace Richard Wynn-Jones whose term expires at the end of April.Commercial property partner Bob Smyth has been appointed to the post in an uncontested election. Wynn-Jones, the firm’s senior partner for the past three years, will return to fee-earning.The new appointment will take effect from 1 May.
Jones Day has promoted a corporate partner to head up its Frankfurt office.
Ashurst has missed out on the mandate to advise Wm Morrison Supermarkets on the disposal of 19 stores to Waitrose.
Times really must be tough at poor old Norton Rose. Litigation partner James Bagge, clearly strapped for cash, has headed off on his summer holiday bound not for Belize or Cannes, but the dusty trails of Spain.
The Professional Complaints and Conduct Committee of the Bar Council has dismissed complaints against barrister Roger Davey, of Bridewell Chambers. Paralegal Susan Clarke had accused Davey of two counts of serious professional misconduct, both of which were dismissed at a hearing on 25 February 2004.
Delays are tainting the bar’s record on complaints, according to the annual report of the independent complaints commissioner to the Bar Council. It states almost a quarter of complaints take five months or more to be concluded, which it describes as “unacceptable”. Overall, the bar’s record improved, with the number of complaints dropping from 743 in 2002 to 685 in 2003. Of 18 complaints concluded in 2003, 10 resulted in fines against barristers and eight were dismissed.
Hollywood tends to portray the Caymans as a den of iniquity. Andrew Bolton says it’s all hogwash and the truth will out
Clifford Chance lawyers have voted overwhelmingly in favour of sweeping reforms to the firm’s constitution, simplifying the process of expelling partners. The result of a three-week ballot saw the management secure more than the 85 per cent majority needed to push through the changes, with well over 50 per cent of the equity partners taking part in the process. Until now, the firm has required an ...
With France virtually invisible and the Netherlands racing into top spot, The Lawyer’s first European revenue league table threw up a few surprises
Many barristers are taking an “unacceptable” length of time to respond to complaints against them, the independent complaints commissioner to the Bar Council has found.
Dickson Minto has raided Scottish rival Shepherd + Wedderburn for a rare lateral hire.
In a high-risk deal resembling a US Chapter 11 administration, DLA has steered Leeds United Football Club away from a potentially fatal administration and through the management-led restructure that resulted in the sale of the club earlier this month.
The increased demand for international cooperation among offshore jurisdictions is creating problems. Collingwood Thompson QC reports
Former 7 Bedford Row senior clerk Chris Owen has returned to the bar as a consultant with general common law set Bridewell Chambers. Owen, who will work closely with head of chambers Colin Challenger and senior clerk Lee Hughes-Gage, has been tasked with expanding the set and restructuring its administration.
A duo of former Lovells partners have struck out on their own by setting up a firm in Frankfurt.
Manchester firm Glaisyers is a close-knit team, so much so that it has dispensed with the traditional managing partner’s role in favour of a management team of six. Nick Johnson, a litigation lawyer with Glaisyers since 1983, acts as the spokesperson and sums up the approach thus: “We work closely together, with the six partners in the management team having various ...
The Parmalat scandal led some to point the finger at the Cayman Islands. Anthony Travers puts the case for the defence
Partnership promotions at Freshfields Bruckhaus Deringer have fallen for the third year in a row, this time dropping by over 30 per cent.
Freshfields Bruckhaus Deringer has come out top of the first ever financial survey of European law firms.
I love this time of year.
The International Chamber of Commerce (ICC) is assembling a crack anti-fraud panel, tasked with offering advice to victims of commercial deception, money laundering and cybercrime.
An extraordinary dispute taking place in the Isle of Man, over whether the Securities and Exchange Commission (SEC) or two Cypriots has the right to $250m (£135.4m) of alleged defrauded money, has now widened to include Guernsey.
Offshore jurisdictions might have taken a bit of a battering in the press post-Parmalat, with allegations of dubious practices (all unfairly, of course, as Tulkinghorn maintains), but at least the lawyers in those often far-flung and sun-drenched places can fall back on the odd (and we mean odd) compensatory leisure pursuit.
Jones Day London loses legacy Gouldens partner" /Jones Day’s London office has suffered the loss of its first legacy Gouldens partner since the two firms merged over a year ago. Real estate and structured finance partner Christopher Berry is joining the London office of Hogan & Hartson. Berry, who has been a ...
If your idea of bliss is tearing around a racetrack at speeds of up to 70 miles per hour (which feels at least twice as fast when you’re six inches off the ground), then you’d better sign up to the main event of the summer.
King & Spalding has scored another coup for its private equity group by taking on a funds specialist from Goldman Sachs.
Latham & Watkins has bumped up its New York bankruptcy practice with a lateral from Kramer Levin Naftalis & Frankel. Bankruptcy and insolvency expect Mitchell Seider is leaving Kramer Levin after three years to join Latham which has recently acted on a number of high profile cases including a role for the creditors committee on Enron.
Lawrence Graham steps in on Londis as Baker Tilly sidelined" /Lawrence Graham has scooped instructions from new client Londis Holdings Limited on the sale of the mutually-owned convenience store chain.
In this edition of The Lawyer we are publishing a special preview of The Lawyer Euro100, the first ever investigation into revenues and profits of European law firms.
The firm is having trouble with mothers-in-law.
Lovells litigation partner Andrew Foyle is set to face questioning over five key areas of British American Tobacco’s (BAT) document destruction policy after losing an appeal against an order forcing him to give evidence. In US v Philip Morris & Ors, the US government is alleging that since 1953 the companies have deceived the US public about the health risks of smoking. Foyle has been asked to give evidence because he advised various BAT companies on document retention policy. The ...
Macfarlanes, Pinsents on Bermudian mega-deal" /Two UK law firms have won work as principal advisers on one of the largest transactions in an offshore jurisdiction so far this year.
Swedish firm Vinge has poached one of Mannheimer Swartling’s brightest stars, marking the firm’s first lateral partner hire from its closest rival.
Gibraltar’s sixth-largest firm in bid to climb property league table with £300m East Side instruction
Masons has scored an important new client with its appointment to advise OGCbuying.solutions on commercial and EU procurement issues.
Masons is closing its Dublin office, with two of its local partners moving to A&L Goodbody.
Hailsham Chambers has lost a tranche of barristers to Matrix Chambers’ burgeoning competition practice.
The managing partner of Scottish firm McGrigors, Shonaig Macpherson, has resigned and will leave at the end of September.
McGrigors (formerly Klegal) has lost its highly-rated head of employment to Kilpatrick Stockton after he refused to sign the firm’s new partnership agreement.
Struggling national firm Merricks has experienced a flicker of hope after winning tiny South African private security company Command Holdings as a new client.
Morgan Cole’s former London corporate head Graeme Guthrie is the next partner to join the mass exodus from the firm, after week joining London’s Campbell Hooper.
Morgan Lewis & Bockius’ London head of international litigation and arbitration has become the new managing partner for the UK office. It is understood that Robert Goldspink is taking over the post from Peter Wallace, a business transactions specialist who is also regional co-ordinating partner for Europe and a member of Morgan Lewis’ advisory board. Wallace has been managing partner for London for over two years.
Morgan Lewis is pressing ahead with plans to open a Paris office after recruiting a 15-strong team from De Pardieu Brocas Maffei & Leygonie.
Stephen Moverley reports on the revolutionary Vista Trust, which limits the influence of trustees on trusts and promotes entrepreneurial spirit
A new guard is to take over management of Nicholson Graham & Jones, with insolvency head Tony Griffiths succeeding Michael Johns as managing partner.
Birmingham’s No5 Chambers has become one of only a handful of sets with an international presence after forging an alliance with Spain’s Gomez Villares & Alvarez (GV&A). No5, which opened in London in 2002, is expecting to refer property, tax and probate cases with a Spanish element to GV&A, which already handles work for the UK expatriate population. First revealed on www.thelawyer.com 24 March
Norton Rose partners have opted for SE1 development More London as their new home, and today [2 April] started exclusive negotiations on a deal.
What would you do if you had to litigate offshore? Christopher Edwards provides the lowdown
Hands up anyone who remembers development land tax (DLT)? Older readers may recall that DLT was more than just an hirsute radio DJ of long ago. Indeed, the Barker Report, ‘Delivering Stability: Securiing our Future Housing Needs’, published on Budget Day just gone, may have given them a frisson of recollection with its discussion on the possibility of taxing increases in land values ...
Orrick Herrington & Sutcliffe may have found the answer to the eternal question of how to run a successful global law firm: realising that European lawyers work differently from US attorneys.
Osborne Clarke has appointed a new leader to its Silicon Valley outpost as the firm reaffirms its commitment to the Californian technology market.
Londoners in 13 boroughs are still without a law centre, despite the fact that it would cost a mere £2.5m to put a centre in every borough across the capital.
Motorola’s head of legal Palwinder Hare is used to juggling a complex set of responsibilities. Steve Hoare meets a man at home in The Matrix.
What a difference a few years make. The College of Law is now offering bespoke courses for three breakaway firms from the City LPC consortium, the remaining five are dealing solely with BPP, while two regional colleges have been dropped from the equation. Jon Robins asks the main players what the changes mean for the future of legal education
Paul Hastings Janofsky & Walker can finally seal its merger with France’s Moquet Borde & Associes after gaining approval from the Paris Bar Association.
Linklaters has increased the number of new partners in this year’s round of promotions making up a staggering 31 lawyers.
Landwell’s global legal head Gerard Nicolai is to leave the firm, signalling the end of its accounting parent PricewaterhouseCoopers’ (PwC) ambitions to have an international legal network.
Linklaters (Bertrand Andriani) represented Ambac Assurance UK as the guarantor on the issue by European Property Capital of €355.45m (£236.2m) of commercial mortgage-backed securities. The transaction is supported by commercial mortgage-backed loans to eight regional property-owning special purpose vehicles owned by GFR Group, ...
Gibraltar has always made itself an attractive place for the wealthy to live. Ben Marrache says it’s becoming even more irresistible
Birmingham’s St Philips Chambers has been hit with the loss of a leading child care barrister who has joined One King’s Bench Walk in London.
Offshore business is a benchmark of quality, argues Jonathan White
A steering group has been set up to investigate diversity in the legal profession. The group, led by Brenda King, chair of pressure group African & Caribbean Diversity, includes lawyers, recruitment specialists and HR practitioners from UK-based law firms. Key issues include ethnic minority representation in the profession and flexibility in working practices.
Bircham Dyson Bell is cashing in on the stream of departures from Stephenson Harwood by boosting its real estate finance practice with a new hire.
Betting men at the bar be warned: if you are unfortunate enough to come up against Brick Court’s Bill Wood QC soon, watch out for him racing past you in the final furlong, particularly when the going is soft.
A former Tarlo Lyons corporate partner who accused the firm of sexual discrimination today (March 30) settled her case at a London employment tribunal.
Taylor Wessing in Paris raid on Richards Butler" /The former joint managing partner of Richards Butler’s Paris office has quit to join the fledgling French team at Taylor Wessing.
Bermuda has come out of the downturn all the stronger – and despite criticism from US presidential hopeful John Kerry, international investment is on the up. By Warren Cabral
The exits at McGrigors just keep getting worse. Chasing this week’s story about the ‘will he, won’t he?’ negotiations of Robert Glennie, a scribe from The Lawyer was interested to hear word of another high-profile partner with a position to consider.
Emma Vere-Jones reports on the effects of DLA’s bid to boost its presence in the property sector
A search for Nigeria’s missing millions in Jersey highlighted deficiencies in the ‘know-your-client’ procedures of certain institutions. Beverley Lacey reports
With the repeal of Order 62, everything has changed in relation to costs for contentious trust disputes. William Richmond-Coggan reports
Osborne Clarke’s head of technology media and telecoms (TMT) Simon Rendell has been appointed Vodafone’s acting UK head of legal.The unusual move to one of his key clients is a result of former UK head Ian Robino moving to head the information technology/intellectual property (IT/IP) department at Vodafone Group, the central legal team for the international operation.
Australian lawyers who qualified in the state of Victoria will have to ensure they meet the requirements of a new continuing professional development (CPD) scheme or risk losing their practising certificates.