29 September 2008

The Lawyer

  • 23 Essex St raid gives 1COR four female silks

    29-Sep-2008

    One Crown Office Row has hired Joanna Glynn QC from 23 Essex Street, taking the set’s tally of female silks to four.

  • A&O chief on Boris’s business council

    29-Sep-2008

    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?

    2-Oct-2008

    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.

  • Addleshaws in Kray twins photo controversy

    29-Sep-2008

    Addleshaw Goddard has sparked a row with its decision to exhibit a photograph of East End gangsters the Kray twins in its offices.

  • Andrew Cowan: Devonshires

    29-Sep-2008

    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

    29-Sep-2008

    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

    29-Sep-2008

    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, HBOS face £850m law suit

    3-Oct-2008

    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 to axe 43 staff

    2-Oct-2008

    Blake Lapthorn is to cut up to 43 jobs in London and the South-East.

  • Brabners scores £30m West Ham appeal role

    1-Oct-2008

    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.

  • Bristol Institute, Central Law go nationwide with part-time LPC

    29-Sep-2008

    The Bristol Institute of Legal Practice has teamed up with Central Law ­Training (CLT) to launch a nationwide part-time LPC.

  • Camerons rejigs management in quest to match alliance

    29-Sep-2008

    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

    29-Sep-2008

    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.

  • CC to vote on global corporate head

    29-Sep-2008

    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.

  • Challinors goes East with Nottingham arm

    29-Sep-2008

    West Midlands firm Challinors is making its first move into the East Midlands with the launch of a new office in Nottingham.

  • Chosen few set to profit from Lehman and Merrill crash and burn

    29-Sep-2008

    Instructions of the century are up for grabs in the fallout from the financial crisis.

  • Circling the sand

    29-Sep-2008

    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.

  • City office upgrade signals Mintz Levin’s drive to boost corporate, IP

    29-Sep-2008

    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.

  • City trio bag roles on Bradford & Bingley rescue

    29-Sep-2008

    Ashurst, Herbert Smith and Slaughter and May have been handed leading roles in the rescue package for Bradford & Bingley.

  • CMS reviews real estate jobs

    2-Oct-2008

    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 to cut 40 jobs

    30-Sep-2008

    Cobbetts is to axe up to 40 fee-earners in response to the worsening economic climate.

  • Crown Office looks north for tie-up with Scotland’s Compass

    29-Sep-2008

    London-based civil and common law set Crown Office Chambers is gearing up to enter into an ­affiliation with Edinburgh-based Compass Chambers.

  • Dame Hazel becomes dean of UCL law

    29-Sep-2008

    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.

  • David Ryan re-elected as Pinsents chief

    1-Oct-2008

    Pinsent Masons has re-elected David Ryan as managing partner.

  • Davis Polk, Skadden, Sullivan in Citi's Wachovia buy

    29-Sep-2008

    Davis Polk & Wardwell, Skadden Arps Slate Meagher & Flom and Sullivan & Cromwell have scored lead roles on Citigroup’s acquisition of Wachovia’s banking operations.

  • Devonshires in management shake-up

    29-Sep-2008

    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.

  • Divorce boom sees Manches add eight

    29-Sep-2008

    Manches has ramped up its family practice in response to a rush of enquiries following the economic slump.

  • EAPD follows growth plan with Hong Kong launch

    30-Sep-2008

    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 slashes IT team by 40 per cent

    29-Sep-2008

    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 hires former White House man as GC

    30-Sep-2008

    Facebook has hired Kirkland & Elllis partner Theodore Ullyot as its new general counsel.

  • Firms line up for MFI rescue

    1-Oct-2008

    Ashurst, Salans, SJ Berwin and

  • Firms set up financial crisis response groups

    30-Sep-2008

    Three US firms have set up individual crisis groups to help their clients get to grips with the ongoing turbulence in the financial markets.

  • Former Tesco counsel joins Ward Hadaway

    29-Sep-2008

    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.

  • Freshfields partner to head Bank of England legal team

    1-Oct-2008

    The Bank of England has hired Freshfields Bruckhaus Deringer corporate partner Graham Nicholson to lead its legal team.

  • Gay lawyers in the Gulf: Pride denied

    29-Sep-2008

    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?

  • Gibson Dunn on bailout plan: act now

    3-Oct-2008

    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.

  • Going public

    29-Sep-2008

    Debating whether public or private legal work is superior is a redundant exercise. Geoff Wild dispels some in-house myths

  • GSC Solicitors

    29-Sep-2008

    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.

  • Gulf streamlining

    29-Sep-2008

    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 real estate team faces the chop

    29-Sep-2008

    Halliwells has launched a redundancy consultation across its real estate practice, potentially cutting as many as 40 staff.

  • Heller Ehrman’s London lawyers wait for rescue

    29-Sep-2008

    Californian giant finally collapses; Bakers, Mayer Brown, Cooley Godward circle to pick up the pieces

  • Hidden talent

    29-Sep-2008

    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.

  • Honesty’s the best redundancy policy

    29-Sep-2008

    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 ...

  • HR and training take centre stage as law firms enter interesting times

    29-Sep-2008

    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.

  • Intelsat beams in former MTV legal head

    29-Sep-2008

    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 spruces up training contract with central funds

    29-Sep-2008

    Irwin Mitchell is to centralise its first-year training budget as part of a wider overhaul of the firm’s ­training strategy.

  • Lehman’s eight-hour fire sale

    29-Sep-2008

    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

    29-Sep-2008

    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

    2-Oct-2008

    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

    29-Sep-2008

    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 eyes UK top 30 place with new four-year plan

    29-Sep-2008

    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.

  • Moves round-up: 29 September

    29-Sep-2008

    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.

  • Norton rose in $200m samena fund launch

    29-Sep-2008

    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.

  • On the case: Deborah Rasin, Samsonite

    29-Sep-2008

    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.

  • Opinion: Regulators need to unite to stamp out short-selling

    29-Sep-2008

    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 ...

  • Outward bound

    29-Sep-2008

    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.

  • Partner performance pressure

    1-Oct-2008

    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 raids Thelen a second time in three days

    1-Oct-2008

    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 snatches Thelen's entire China team

    29-Sep-2008

    Pillsbury Winthrop Shaw Pittman has raided Thelen for its entire China practice group.

  • Pinsents hires Eversheds veteran McHugh

    29-Sep-2008

    Pinsent Masons has hired former Eversheds partner Peter McHugh to head its commercial practice.

  • Public sector

    29-Sep-2008

    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, McCarthy land Africa AIM job

    29-Sep-2008

    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.

  • Scotland: mixed doubles rule binned after 15 years

    29-Sep-2008

    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

    30-Sep-2008

    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 steers Ministry of Defence through £257m QinetiQ share sale

    29-Sep-2008

    Simmons & Simmons advised the Ministry of Defence (MoD) on the £257m sale of its entire ­ordinary shares in defence technology ;company ­QinetiQ.

  • SJ Berwin hires Beiten Burkhardt property chief

    29-Sep-2008

    SJ Berwin has boosted its German property practice with the hire of partner Hans Thomas Kessler, director of real estate at Beiten Burkhardt.

  • Speaking your language

    2-Oct-2008

    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.

  • SRA director slates trainees’ English

    29-Sep-2008

    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”.

  • Stay put – unless you want to work abroad

    29-Sep-2008

    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 in African dispute double act

    29-Sep-2008

    Stephenson Harwood has been instructed on two African disputes, securing a win on one and a Court of Appeal hearing on the other.

  • Stibbe lands Fortis govenment role

    29-Sep-2008

    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.

  • Stibbe lands role on second Belgian bank bail out

    30-Sep-2008

    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.

  • The main man: Focus on Rodgin Cohen

    29-Sep-2008

    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 quit Hammonds

    2-Oct-2008

    Three partners have resigned from Hammonds after the firm's partnership lock in for this year expired at the end of September.

  • TLT scoops lead role on ECT Group’s subsidiaries disposal

    29-Sep-2008

    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.

  • Tuckey LJ lines up 20 Essex Street role

    29-Sep-2008

    Lord Justice Simon Tuckey is to join 20 Essex Street at the start of next year following his retirement from the bench in December.

  • Wall St woes: Byrne in the USA

    30-Sep-2008

    And then there were more. The Linklaters team advising PricewaterhouseCoopers on Lehman Brothers’ bankruptcy just keeps on growing.

  • Wall St woes: Shock and awe

    1-Oct-2008

    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.

  • Web week

    29-Sep-2008

    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.

  • Welcome

    29-Sep-2008

    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.

  • Which? taps Avon for new legal head

    30-Sep-2008

    Consumer body Which? has appointed a new head of legal after its former chief lawyer quit following a disagreement over strategy.

  • Wragges cull: fee-earners pay £3m price of real estate slump

    29-Sep-2008

    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.

  • Yushchenko spells out Ukraine vision at Chadbourne

    29-Sep-2008

    New York was gridlocked last Tuesday when US firm Chadbourne & Parke hosted a lunch in honour of Ukraine president Viktor Yushchenko.