29 September 2008
One Crown Office Row has hired Joanna Glynn QC from 23 Essex Street, taking the set’s tally of female silks to four.
Allen & Overy managing partner David Morley has become the first lawyer to be appointed to London Mayor Boris Johnson’s International Business Advisory Council for London (IBAC London).
A&O, Shearman to merge?03 October 2008 Allen & Overy in talks with Shearman & Sterling? We're only asking.The rumours in New York are beginning to mount.
Addleshaw Goddard has sparked a row with its decision to exhibit a photograph of East End gangsters the Kray twins in its offices.
If a movie was being made about your life, which actor would play you and why?Anyone capable of behaving like a drama queen.
Ashurst secures salary lifeline for Lehman Brothers’ UK staff" /Ashurst has advised the lender on a £100m emergency loan that will ensure the London staff of Lehman Brothers get paid at the end of September.
Ashurst steers clear of US domestic legal market with Middle East and Asia drive" /Ashurst’s new senior partner elect Charlie Geffen is to stake the firm’s future on the Middle East and Asia and has ruled out competing in the US with domestic firms.
Barclays and HBOS are about to be hit by mortgage litigation costing a possible £850m, following changes to the rules on consumer loans.
Blake Lapthorn is to cut up to 43 jobs in London and the South-East.
Brabners Chaffe Street has bagged a lead role acting for West Ham United on the club's appeal against a £30m pay-out to Sheffield United.
The Bristol Institute of Legal Practice has teamed up with Central Law Training (CLT) to launch a nationwide part-time LPC.
CMS Cameron McKenna has radically overhauled its management structure to pave the way for the firm’s UK expansion plans.
Capsticks takes regional plunge in Birmingham" /London healthcare firm Capsticks is opening an office in Birmingham as part of a drive to take the firm national.
Clifford Chance private equity partner Matthew Layton is running unopposed for the role of global corporate head at the firm, with nominations set to close this week.
West Midlands firm Challinors is making its first move into the East Midlands with the launch of a new office in Nottingham.
Instructions of the century are up for grabs in the fallout from the financial crisis.
Dubai’s marketing team cannot be faulted, but with the emirate arguably becoming oversubscribed, law firms looking to gain footholds in the Middle East market would do well to consider its neighbours and rivals.
US firm Mintz Levin Cohn Ferris Glovsky and Popeo is to move into bigger offices in London as it seeks to build up its reputation for corporate and IP in the UK capital.
Ashurst, Herbert Smith and Slaughter and May have been handed leading roles in the rescue package for Bradford & Bingley.
CMS Cameron McKenna is drawing up plans to send lawyers in recession-hit practice groups to its offices in Central and Eastern Europe (CEE).
Cobbetts is to axe up to 40 fee-earners in response to the worsening economic climate.
London-based civil and common law set Crown Office Chambers is gearing up to enter into an affiliation with Edinburgh-based Compass Chambers.
Star professor Dame Hazel Genn has been appointed as the new dean of University College London’s (UCL) law faculty. Genn, who has embarked on a five-year term as dean of the faculty, used to be professor of socio-legal studies and co-director of the Centre for Empirical Legal Studies at UCL. The impressive roster of past alumni includes Indian political and spiritual leader Mahatma Gandhi and the former Lord Chief Justice of England and Wales, Lord Woolf.
Pinsent Masons has re-elected David Ryan as managing partner.
Davis Polk & Wardwell, Skadden Arps Slate Meagher & Flom and Sullivan & Cromwell have scored lead roles on Citigroup’s acquisition of Wachovia’s banking operations.
City firm Devonshires has appointed corporate and finance head Andrew Cowan as chief executive in a shake-up of its management structure. Cowan’s new role will be to build on client relationships and represent Devonshires throughout the housing sector. In addition to Cowan’s new post, senior partner and property chief Allan Hudson is stepping down from the property role. Julie Bradley will succeed him as property head.
Manches has ramped up its family practice in response to a rush of enquiries following the economic slump.
Edwards Angell Palmer & Dodge (EAPD) is to launch in Hong Kong tomorrow (1 October) through an association with newly-created local firm Lister Swartz.
Eversheds has chopped the size of its in-house IT team by 40 per cent – from 200 employees to 120 – following the outsourcing of its daily operations.
Facebook has hired Kirkland & Elllis partner Theodore Ullyot as its new general counsel.
Ashurst, Salans, SJ Berwin and
Three US firms have set up individual crisis groups to help their clients get to grips with the ongoing turbulence in the financial markets.
Ward Hadaway" /Tesco’s former trading law and technical head Stephen Campbell has joined Ward Hadaway to head its environmental team. Ward Hadaway head of property and planning Neil Robson said bringing Campbell on board was a “real coup” for the firm.
The Bank of England has hired Freshfields Bruckhaus Deringer corporate partner Graham Nicholson to lead its legal team.
For lesbian and gay lawyers, a move to the Gulf, where homosexuality is illegal, is not an easy choice. What is it like to live and work in the region and what role do law firms play in ensuring the welfare of their staff?
President Bush today (Friday 3 October) signed a historic bill aimed at bailing out ailing US financial institutions and providing assistance to financially stretched homeowners.
Debating whether public or private legal work is superior is a redundant exercise. Geoff Wild dispels some in-house myths
It may look sleek and professional, but a change of brand can result in a loss of public identity, as GSC Solicitors managing partner Saleem Sheikh can testify.
By bringing in Western regulation expertise, the Dubai government is making sure it is seen to be taking the issue of regulatory competence seriously. By Jonathan Ames
Halliwells has launched a redundancy consultation across its real estate practice, potentially cutting as many as 40 staff.
Californian giant finally collapses; Bakers, Mayer Brown, Cooley Godward circle to pick up the pieces
As international private practice law firms continue their rush to the Gulf, in-house counsel are taking on an increasingly vital role. But is the calibre of legal talent in the region up to the job? wonders Jonathan Ames.
At the time of writing, the number of redundancies in private practice has risen to 569. In just the past week lawyers and support staff from Halliwells, Ward Hadaway, LG and Finers Stephens Innocent have all joined that unfortunate band. If you want to check the ...
There is an old Chinese curse that says: “May you live in interesting times.” And if the topics discussed last week by delegates at The Lawyer’s conference on talent management and graduate training are anything to go by, most of the legal industry’s HR managers seem to have fallen victim to it.
Bermuda-based fixed satellite provider Intelsat has appointed the former head of business and legal affairs for the emerging markets division of MTV Networks International as its assistant general counsel, principally responsible for Europe and the Middle East.
Irwin Mitchell is to centralise its first-year training budget as part of a wider overhaul of the firm’s training strategy.
New York’s finest bankruptcy lawyers descended on Manhattan’s downtown bankruptcy court on Friday 19 September to decide the fate of Lehman Brothers’ investment arm. With history in the making, The Lawyer joined them.
Linklaters follows magic circle pack with plans for Abu Dhabi opening" /Linklaters is developing plans to launch an office in Abu Dhabi in response to client demands.
Mayer Brown grabs final Northern Rock mandate" /Mayer Brown has won the last major role up for grabs on the Northern Rock saga, with litigation partner Clare Canning advising the valuer of the bank’s compensation scheme.
Michelmores’ first managing partner predicts massive growth" /South West firm Michelmores has appointed Malcolm Dickinson to the newly created position of managing partner.
Mills & Reeve has embarked on an aggressive four-year plan in which it hopes to buck the downturn and boost turnover by 60 per cent from the present figure of £62.5m.
US firm Latham & Watkins has taken on corporate partner Rafal Gawlowski. He had held an in-house role at Citibank and will be based in New York.
The finance team at Norton Rose has scored the lead role advising Samena Capital on the launch of its $200m (£108.25m) Special Situations Fund.
Samsonite general counsel Deborah Rasin had been in post for six months when the luggage giant was taken over by CVC Capital Partners. Since then she’s had the unenviable task of rebuilding the global legal function from the ground up.
A butterfly flapped its wings and a storm was created on the other side of the world. So what was the butterfly in the credit crisis? Was it a home loan made to someone in the US who could barely afford the payments when times were good? Was it the bundling of that loan by unregulated mortgage providers with other mortgage loans to ...
The Abu Dhabi United Group grabbed the headlines with its takeover of Manchester City FC, but the move was merely the most visible example of the United Arab Emirates’ foreign investment boom.
I have trained many lawyers over the years in how to present themselves as effectively as possible, whether at networking events, at interviews or giving speeches and the occasion that many have admitted makes them feel particularly uncomfortable is the prospect of presenting at the Partner Conference.
Pillsbury Winthrop Shaw Pittman has rapidly followed up its raid on Thelen’s China practice (www.thelawyer.com, 29 September) with the hire of two more of the firm’s lawyers.
Pillsbury Winthrop Shaw Pittman has raided Thelen for its entire China practice group.
Pinsent Masons has hired former Eversheds partner Peter McHugh to head its commercial practice.
As The Lawyer revealed last week (22 September), the UK’s largest unitary authority Birmingham City Council is reviewing its legal panel of 21 firms.
Salans and McCarthy Tétrault have scooped choice mandates on a rare African AIM deal. Salans advised biofuel company BioEnergy Africa on its £41.5m listing on AIM, while McCarthy Tétrault picked up the lead role for the nominated adviser Canaccord Adams. The company’s initial project is based in Mozambique where it is developing more than 20,000 hectares of land. Salans’ London corporate team was led by partner Philip Enoch and included associates Chris O’Connor and Angela Mount.
The Scottish bar has abolished the so-called ‘mixed doubles’ rule following consultations with the Office of Fair Trading (OFT) and the Scottish Government.
Shoosmiths to launch in Manchester" /Shoosmiths is set open its first office in Manchester within the next three months, which will focus on mortgage recovery work.
Simmons & Simmons advised the Ministry of Defence (MoD) on the £257m sale of its entire ordinary shares in defence technology ;company QinetiQ.
SJ Berwin has boosted its German property practice with the hire of partner Hans Thomas Kessler, director of real estate at Beiten Burkhardt.
The SRA's Liz McNaulty is right when she says that many straight-A students can't write properly these days, says BPP Law School chief Peter Crisp - and it matters.
A Solicitors Regulation Authority (SRA) director has lambasted law schools for not providing students with English language training, branding the standard of grammar among trainees “poor”.
Now is not the best time to resign, even if you do not like your job. News that 30 real estate jobs are under threat at Wragge & Co (TheLawyer.com, 22 September) is indicative of the current climate.
Stephenson Harwood has been instructed on two African disputes, securing a win on one and a Court of Appeal hearing on the other.
Herbert Smith's Benelux ally, Stibbe, has played a key role in the nationalisation of European bank Fortis on the same day as Herbert Smith client Bradford & Bingley is nationalised.
Herbert Smith's Benelux ally Stibbe has landed a role on the bailout of another Belgian bank, acting for the authorities on the nationalisation of Dexia.
He advised Lehman Brothers right up to the bitter end, then switched sides to Barclays for the assets selloff. Matt Byrne charts Sullivan & Cromwell senior partner Rodgin Cohen’s amazing year.
Three partners have resigned from Hammonds after the firm's partnership lock in for this year expired at the end of September.
Bristol firm TLT Solicitors has advised social enterprise organisation ECT Group on the disposal of 16 subsidiaries in a restructure aimed at clearing the charity’s debts.
Lord Justice Simon Tuckey is to join 20 Essex Street at the start of next year following his retirement from the bench in December.
And then there were more. The Linklaters team advising PricewaterhouseCoopers on Lehman Brothers’ bankruptcy just keeps on growing.
There was still hope on Wall St yesterday that the US government's $700bn financial sector bailout would eventually make it through the House of Representatives. The expectation is that a revised plan will be adopted, one way or another.
It’s not often that you see a juicy legal titbit in a tabloid, but a story in the New York Post (www.newyorkpost.com) is too good to miss.
This week The Lawyer reported that Cobbetts is to make 40 fee-earners redundant – its second wave of redundancies this year – while Blake Lapthorn is in discussion with 43 members of staff and Finers Stephens Innocent with a further 6 real estate fee-earners plus support staff.
Consumer body Which? has appointed a new head of legal after its former chief lawyer quit following a disagreement over strategy.
The announcement that Wragge & Co is to make 30 fee-earners redundant should hardly come as a surprise. Corporate and real estate – the two sectors that have been most affected by the downturn across the legal market – were together responsible for almost half the firm’s revenue last year.
New York was gridlocked last Tuesday when US firm Chadbourne & Parke hosted a lunch in honour of Ukraine president Viktor Yushchenko.