3 March 2008

The Lawyer

  • Inside knowledge

    3-Mar-2008

    Recruiting its own in-house headhunter has paid off for Berwin Leighton Paisner.

  • Keep it in the family

    3-Mar-2008

    The beauty of Allen & Overy's alumni programme is that everyone benefits, explains Alex Pease

  • People

    3-Mar-2008

    • Berrymans Lace Mawer has recruited Stuart Harvey as a partner in its personal injury practice. He joins from Halliwells.

  • A friend in need

    3-Mar-2008

    Mentoring schemes are ideal for nurturing young talent and keeping experienced lawyers in touch with ground level,

  • A&O and latham scoop oyster sale

    3-Mar-2008

    Allen & Overy (A&O) and Latham & Watkins advised on the £50m sale of luxury yacht builder Oyster Marine to private equity house Balmoral Capital. Private equity start-up Balmoral was launched in 2007 by two former Credit Suisse First Boston bankers.

  • A&O scoops Clifford Chance partner; launches Dubai real estate team

    5-Mar-2008

    Clifford Chance partner; launches Dubai real estate team" /Real estate partner Arthur Dyson is leaving Clifford Chance for arch rival Allen & Overy.

  • Addleshaws in talks over single-site move

    3-Mar-2008

    Addleshaw Goddard is expected to move into new offices at Milton Gate in the City as early as next year so the firm can expand its capability in the capital.

  • Ardana calls on MoFo in search for merger

    3-Mar-2008

    UK pharmaceutical company Ardana has called on Morrison & Foerster (MoFo) as it seeks a buyer or merger partner to raise money for research.

  • Ashfords

    3-Mar-2008

    Since its demerger from Bevan Ashford in 2004, Exeter-based Ashfords has aimed to hightlight its independence in an effort to win new clients.

  • Aspen GC defects to Northern Trust

    6-Mar-2008

    Chicago-based bank Northern Trust has hired David Curtin to lead its legal team in Europe, the Middle East and Africa (EMEA).

  • Bakers hires Citigroup director

    3-Mar-2008

    Baker & McKenzie has expanded its London capital markets practice with the hire of partner Peter Castellon.

  • Balbir Singh remains highest paid criminal barrister in UK

    5-Mar-2008

    Birmingham set Equity Chambers head Balbir Singh is the highest-paid legal aid criminal barrister for the second year in a row.

  • Bombay chicks

    3-Mar-2008

    Tired after a long day drinking fine brandy, Tulkinghorn sent along one of his scribes to attend a soirée hosted by India's first entrant to the UK legal market, FoxMandal Little (FML).

  • BPP and CoL in fees spat

    3-Mar-2008

    BPP Law School is hiking its LPC fees by 10 per cent to £11,550, prompting an outspoken attack from its chief rival.

  • Bristows brings in three Howrey partners for litigation push

    3-Mar-2008

    City IP boutique Bristows has hired a three-partner disputes team from the London office of US firm Howrey.

  • Bryan Cave recruits Hogan's HK head

    5-Mar-2008

    American firm Bryan Cave has hired the co-managing partner of US rival Hogan & Hartson's Hong Kong office, Mao Tong. Tong joins Bryan Cave less than three years after helping Hogan to launch its Hong Kong base in September 2005. He joins Bryan Cave as a partner.

  • Cads pins hopes on restructuring

    3-Mar-2008

    Cadwalader Wickersham & Taft is considering plans to radically restructure two of its core groups, corporate and finance, as the firm continues to battle the effects of the collapse of its structured finance and capital markets practice.

  • Camerons names Kiev head at official office launch

    7-Mar-2008

    CMS Cameron McKenna has appointed recent hire Adam Mycyk to run its new office in Ukraine, which opened officially yesterday (6 March).

  • Cayman's Solomon snubs City for Zurich launch

    3-Mar-2008

    Cayman Islands firm Solomon Harris has chosen Zurich rather than London in what will be the offshore firm's first move out of Cayman.

  • CC creates business support staff career framework

    3-Mar-2008

    Clifford Chance has introduced a careers framework that outlines career development paths for business service staff.

  • CC curbs taxi 'misuse' with threat of expenses review

    3-Mar-2008

    Clifford Chance London managing partner Jeremy Sandelson has emailed staff to warn them about escalating taxi costs as the firm looks to tighten its belt during the economic downturn.

  • Chadbourne raids Thacher Proffitt for Mexico launch

    4-Mar-2008

    Chadbourne & Parke has snared a three-partner team from Thacher Proffitt & Wood to launch an office in Mexico, the firm's first in Latin America.

  • City trio advise private equity bidders on Kurt Geiger sell-off

    3-Mar-2008

    Addleshaw Goddard, SJ Berwin and Travers Smith landed key roles in the sale of designer shoe brand Kurt Geiger, which had created interest from a number of private equity buyers.

  • Clifford Chance launches in Kiev

    7-Mar-2008

    Clifford Chance launches in Kiev" /Clifford Chance has become the latest firm to move in on the booming Ukrainian economy with an office launch imminent in the country's capital Kiev.

  • Clouds mass on US horizon as Sullivan punches through $1bn revenue barrier

    3-Mar-2008

    Sullivan & Cromwell has broken through the $1bn (£500m) revenue barrier for the first time, topping $3m (£1.51m) average profit per equity partner (PEP) in the process.

  • Clydes lands CC shipping partner

    3-Mar-2008

    Clifford Chance shipping partner Paul Turner has defected to Clyde & Co as the firm aims to refocus its shipping practice.

  • CMS firms team up in Ukraine

    6-Mar-2008

    CMS Derks Star Busmann has opened up a Dutch desk in Kiev to work together with its CMS partner firms there.

  • Conyers' Moscow plan moves up a gear with chief appointed

    3-Mar-2008

    Conyers Dill & Pearman partner Caroline O'Hare has been appointed to launch the firm's new Moscow office.

  • Cripps retains Denny as firm's top man

    3-Mar-2008

    Tunbridge Wells firm Cripps Harries Hall has re-elected Jonathan Denny as managing partner for another five-year period.

  • Davis polk and white & case snare visa ipo

    3-Mar-2008

    Davis Polk & Wardwell and White & Case have landed plum roles on the $19bn (£9.55bn) IPO of credit card company Visa, the largest in US history.

  • Debevoise results confirm blockbuster year

    5-Mar-2008

    Debevoise & Plimpton has smashed the market average for US firms’ 2007 financial results, posting increases of 23.4 per cent and 27 per cent respectively for revenue and average profit.

  • Dechert gives deadline to laid off associates

    3-Mar-2008

    Dechert is waiting until tomorrow to learn how many of the 13 associates it laid off from its finance and real estate group last week accept a transfer.

  • Dewey & LeBoeuf bodycount latest

    3-Mar-2008

    As Reed Smith inherits the Beijing office of Dewey Ballantine, London has seen another casualty from the tie-up between Dewey and fellow US firm LeBoeuf Lamb Greene & MacRae.

  • DLA Piper breakfast at Ramsay's

    4-Mar-2008

    There is an irresistible comparison to be made when you discover Nigel Knowles having breakfast in one of Gordon Ramsay's New York restaurants.

  • EAPD UK links up for launch in Bermuda

    3-Mar-2008

    Edwards Angell Palmer & Dodge UK (EAPD UK) is the first UK firm to announce a move into Bermuda after it signed a cooperation agreement with Bermuda-based Marshall Diel & Myers (MD&M).

  • Ex-Freshfields CEO Crisp quits for pastures new

    4-Mar-2008

    The former CEO and managing partner of Freshfields Hugh Crisp is leaving the firm.

  • FFW helps Tottenham Hotspur fend off counterfeit traders

    3-Mar-2008

    Field Fisher Waterhouse (FFW) has scored a winning role for Carling Cup winners Tottenham Hotspur, advising on the club's crackdown on counterfeit goods being sold over the internet.

  • Former DLA Asia head Seddon joins Heller Ehrman

    5-Mar-2008

    Heller Ehrman has hired former DLA Piper Asia head Nick Seddon to lead its four offices in the region as Asian managing partner.

  • Francois Barker: Hammonds

    3-Mar-2008

    What was your worst experience as a trainee?Being sent to Aston Villa (one of the firm's clients) thinking it was for a really important job, when it turned out my supervisor simply needed his football tickets collecting.

  • Fulbright promotes two to partner in London

    4-Mar-2008

    Texas-based firm Fulbright & Jaworski has promoted two senior associates to partner in its London office, doubling last year’s tally.

  • Gide to treble London office space

    3-Mar-2008

    French independent Gide Loyrette Nouel is set to treble its London office space in a move to new premises after seeing revenue rocket in the UK capital.

  • Gloom sets in as continuing credit crunch fuels fear of redundancies

    3-Mar-2008

    Lawyers are becoming a gloomy bunch as the credit crunch intensifies, with 12 per cent of practitioners who responded to a YouGov survey predicting that there will be redundancies as a result and 34 per cent claiming there will be less work to go round.

  • Halliwells mulls redundancies

    3-Mar-2008

    Halliwells has launched a redundancy consultation across its London-based corporate team, with the group severely lagging behind budget.

  • Herbies advises BAT on £2.05bn Danish acquisition

    3-Mar-2008

    British American Tobacco (BAT) has turned to Herbert Smith for advice on the £2.05bn purchase of Scandinavia's largest tobacco brand.

  • Herbies hits joint second in FTSE client rankings

    3-Mar-2008

    Herbert Smith secured three new clients during the last quarter to push ahead of Freshfields Bruckhaus Deringer and Allen & Overy (A&O) in the rankings for FTSE100 clients.

  • HMRC lawyer scoops legal chief role at BERR

    4-Mar-2008

    Her Majesty's Revenue & Customs (HMRC) tax law director Rachel Sandby-Thomas has been appointed the solicitor and director general of Department for Business, Enterprise & Regulatory Reform (BERR).

  • Holland & knight chief makes way for new blood

    3-Mar-2008

    Steve Sonberg, a partner in Holland & Knight's Miami office and chair of the firm's business law section for the past five years, will be elected managing partner later this month, replacing controversial incumbent Howell Melton after just one term.

  • HR & training

    3-Mar-2008

    At many firms HR now sits alongside management and is instrumental in keeping a level course on board ever-more unwieldy ships.

  • Hunton London secures Freshfields banking partner

    6-Mar-2008

    Freshfields Bruckhaus Deringer has lost a further partner with the departure of banking and finance lawyer Roger Dyer.

  • Irwin Mitchell aims to double helpline calls

    3-Mar-2008

    Irwin Mitchell aims to double the volume of calls received by its legal advice helpline service after winning a key account with Barclays.

  • Is Slater's IPO a model that UK firms could follow?

    3-Mar-2008

    Ambitious law firms are nothing new, but six mergers in nine months is plenty by anyone's standards.

  • It's getting more expensive to talk in Europe

    5-Mar-2008

    In June 2006, the European Competition Commissioner Neelie Kroes launched new fining guidelines that were intended to reform and, ultimately, increase the deterrent effect of the Commission’s fining policy for infringements of EC competition law. In summary, companies that breach the competition rules will now pay a fine starting with the ‘basic ...

  • Kings of the wild frontier

    7-Mar-2008

    Kings of the wild frontier 07-March-2008Ukraine is the new frontier for law firms - as we first revealed last September - and it really wasn't a surprise that Clifford Chance was going to be at the forefront of the rush to the country.

  • Lawyers' Music: Knowing the score

    3-Mar-2008

    It’s 25 years since the London Lawyers’ Symphony Orchestra and Chorus started up and the ensemble is celebrating with a gala concert in Spitalfields this week

  • LDA to rejig legal team and cut panel

    3-Mar-2008

    The London Development Agency (LDA) is preparing to overhaul its legal team and slash its panel from 18 firms to five as part of an efficiency drive.

  • Legal aid bar given second bite at VHCC cherry after slow uptake

    4-Mar-2008

    The Legal Services Commission yesterday offered the legal aid bar another opportunity to sign the contracts for very high cost cases after only 130 barristers joined the panel.

  • Macfarlanes, travers act on pret buyout

    3-Mar-2008

    Macfarlanes and Travers Smith have won key roles on the private equity buyout of sandwich chain Pret a Manger. The sale saw private equity house Bridgepoint Capital buy a controlling stake in Pret a Manger, in a deal believed to value the business at £350m.

  • Mayer Brown recruits LG finance partner

    3-Mar-2008

    Mayer Brown recruits LG finance partner" /Mayer Brown has raided LG for partner Angela Hayes to boost its financial services practice.

  • Mishcon courts Generation Y with working hours revolution

    3-Mar-2008

    Mishcon de Reya is set to offer all of its lawyers the option of working whatever hours they wish on an annual basis.

  • Morley: A&O will defy the credit crunch

    3-Mar-2008

    In David Morley's first interview since being elected as senior partner of A&O, he has predicted that the credit crunch will make the firm stronger.

  • Nabarro finds new best friends

    3-Mar-2008

    Nabarro has become the latest mid-market firm to ramp up its European coverage, with the expansion of its best friends alliance into Spain and Italy.

  • Nick Grant: Sainsbury's

    3-Mar-2008

    The challenges of responsible retailing are all in a day’s work for Sainsbury’s Supermarkets head of legal Nick Grant

  • NYSE Euronext poaches Milbank outsourcing star for GC role

    3-Mar-2008

    NYSE Euronext has plucked its new general counsel from Milbank Tweed Hadley & McCloy, hiring legendary outsourcing partner John Halvey.

  • Party on

    3-Mar-2008

    These days Tulkinghorn doesn't quite have the stamina for the property industry mega-event Mipim, which is a temple for worshippers of the three Bs - boats, booze and birds.

  • Paul Hastings raids Ashurst for Paris projects team

    7-Mar-2008

    US firm Paul Hastings Janofsky & Walker has boosted its Paris projects team with a four-lawyer raid on Ashurst. Paul Hastings has made Ashurst senior lawyers Pascal Cuche and Marc Lordonnois partners in its Paris office, and hired two associates. Their practice encompasses public law and infrastructure deals, and focuses particularly on public private partnerships (PPP). Clients include contractors, ...

  • Pinsents dropped in National Grid panel revamp

    5-Mar-2008

    Utilities giant National Grid has revamped its general commercial panel, dropping Pinsent Masons and taking on Wragge & Co and Berwin Leighton Paisner (BLP) as full service firms.

  • Private Bills

    3-Mar-2008

    They were essential for the construction of canals and railways and the development of utilities, but for a long time private bills have been overlooked. However, in the last few years local authorities and other bodies have been turning again to this form of legislation and Private Bills are making a comeback.

  • Private equity star McKeeve quits Kirkland

    4-Mar-2008

    Private equity rainmaker Raymond McKeeve is to leave Kirkland & Ellis (K&S) in three months for an unknown destination, believed to be a role at a private equity house.

  • Profile: Jonathan Bond, Pinsent Masons

    3-Mar-2008

    Pinsent Masons" / In 2006 Pinsent Masons interviewed for a new head of HR and the board asked applicants to create a vision that would place the HR function at the centre of the business.

  • Public sector

    3-Mar-2008

    If the credit crunch really starts to hurt, one part of the profession will be cosily immune - the public sector.

  • PwC's legal arm posts 12 per cent rise in turnover

    3-Mar-2008

    The legal arm of PricewaterhouseCoopers (PwC) in Spain, Landwell-PwC, has posted its best end-of-year figures in several years, witnessing a turnover increase of 12 per cent.

  • Reed Smith enters Beijing fray

    3-Mar-2008

    Reed Smith has taken over the former Dewey Ballantine Beijing office, which did not sign up to be part of Dewey & LeBoeuf.

  • Reed Smith ramps up IP in Munich

    6-Mar-2008

    Reed Smith has tapped Herbert Smith's German alliance partner Gleiss Lutz for a Munich IP hire.

  • Right man, wrong firm

    3-Mar-2008

    Congratulations to Tilda Swinton who won an Oscar last week for her role in the movie Michael Clayton. Swinton plays the general counsel of a corporation being sued for poisonous pollution.

  • Separated at birth

    3-Mar-2008

    Tulkinghorn thinks of the television as that loud, colourful thing in the corner that helps him sleep. He is rarely able to interpret the talking blobs into the human faces that they represent, thanks to a heady cocktail of brandy and champagne.

  • Simpson thacher and weil scoop getty LBO

    3-Mar-2008

    Simpson Thacher & Bartlett and Weil Gotshal & Manges have both secured key roles on the leveraged buyout of Getty Images by private equity house Hellman & Friedman.

  • SJ Berwin leads sale of two Debenhams stores

    3-Mar-2008

    SJ Berwin has advised long-standing client British Land on the sale of two Debenhams stores for a total of £22m.

  • Slaughters' new chief to cement Far East ties

    3-Mar-2008

    Slaughter and May's practice partner-in-waiting Paul Olney has vowed to tighten up the firm's relationships with its best friends in the Far East when he takes over the role.

  • Spain's Uria boosts Barcelona with environmental hire

    4-Mar-2008

    Leading Spanish independent firm Uría Menéndez has made a rare lateral hire to boost its environmental law practice, bringing in a new partner to its Barcelona office.

  • SRA launches mortgage fraud investigations of 60 lawyers

    7-Mar-2008

    The Solicitors Regulation Authority (SRA) is investigating up to 60 lawyers for alleged mortgage fraud after complaints more than tripled since 2004.

  • Taylor Wessing set for Beijing launch

    6-Mar-2008

    Taylor Wessing set for Beijing launch" /Taylor Wessing is set to open an office in Beijing as soon as the green light is given by the Chinese authorities.

  • The cost of equal pay

    3-Mar-2008

    A welter of equal pay claims has piled the pressure on the public sector legal system, but reforming the way tribunals work could ease the problem

  • The glutty professor

    3-Mar-2008

    Tulkinghorn is very proud of his academic record but he believes that modesty is an admirable trait and that a similarly well-educated and esteemed lover of learning should follow his example.

  • The in-house option is no reason to give clients second-best

    3-Mar-2008

    I represent all barristers in England and Wales - and some of the most talented work in-house with leading organisations and businesses across the country and internationally.

  • The science of alliance

    3-Mar-2008

    The upper mid-tier London firms have found a formula in Europe. It's the alliance. Titter ye not.

  • UK firms garner all their energy to forge ahead in nuclear gold rush

    3-Mar-2008

    Political nous and solid relationships will be key to winning the work

  • UK in-housers are world's best paid

    3-Mar-2008

    The UK's in-house lawyers are the best paid in the world, according to a new survey of in-house salaries.

  • Walkers: not talkers

    3-Mar-2008

    When it comes to reporting figures, the silence from offshore firms speaks volumes. Firms are fiercely protective of their profit per equity partner (PEP) figures, which inevitably leads to speculation.

  • Wall Street Journal GC leaves the company

    3-Mar-2008

    The Wall Street Journal's general counsel has left the company following the August takeover by Rupert Murdoch's News Corporation.

  • Watson Burton hit by LLP fine after miners fiasco delays accounts

    3-Mar-2008

    North East firm Watson Burton's 2007 limited liability partnership accounts are over a year late.

  • Web week

    3-Mar-2008

    The Lawyer's Web Week is a weekly commentary on legal activity on the web. This includes an overview of the best of the week's blogs. If you want to direct us to useful links, email webweek@thelawyer. com.

  • Weil Gotshal takes Bear Stearns legal chief to run global operations

    5-Mar-2008

    Weil Gotshal & Manges has recruited the chief operating officer for legal & compliance at Bear Stearns as its new global executive director.

  • What’s gone wrong with data security?

    4-Mar-2008

    Last November’s news about the loss of personal data by Her Majesty’s Revenue and Customs (HMRC) generated international publicity, a run of reports of other security breaches, and proposals for new legislation. But does ...

  • White & Case enters Romanian market

    3-Mar-2008

    White & Case is the newest entrant into the Romanian legal market, having opened a Bucharest office with former Linklaters lawyer Todd Shollenbarger.

  • White & Case loses partner to Herbies

    3-Mar-2008

    White & Case capital markets partner Peter Epp, who last May pulled out of launching Bracewell & Giuliani's London office in favour of partnership at White & Case, is leaving the firm for Herbert Smith.

  • Will Latin lovers exclude others?

    3-Mar-2008

    City workloads, while still reportedly healthy, have definitely become lighter in recent months, leading firms to find ever-more inventive means of stocking up their pipelines.