30 July 2007
•Fulbright & Jaworski has hired Glenn Jones as senior counsel in the healthcare practice in Washington DC. Jones was previously New York special assistant attorney general.
Field Fisher Waterhouse (FFW) has boosted its IP litigation practice with the hire of Hamish Porter, who becomes the second partner to leave Addleshaw Goddard this month.
Allen & Overy (A&O) and Herbert Smith have landed key roles advising on BSkyB's purchase of Sir Alan Sugar's Amstrad.
Dickson Minto and Reed Smith have scored lead roles in a midmarket deal that created one of the world's largest architecture practices, the transatlantic union between Edinburgh-headquartered RMJM and Hillier, the US's fifth-largest architecture firm. Dickson Minto, also based in Edinburgh, paired with Boston-headquartered Burns & Levinson to advise RMJM on its £35m takeover of Hillier. RMJM is best known for completing Scotland's Holyrood ...
US law firm Arnold & Porter has launched an initiative to offset its carbon footprint, partnering with climate change consultancy Carbonfund.org.
Ashurst has promoted 14 associates to the position of counsel, the first lawyers to hold the title since the top 10 firm announced the creation of the role in February.
Former US deputy attorney general Paul McNulty is to join Baker & McKenzie's Washington DC office as a partner.
Tom Brennan, the recently qualified barrister who sought to claim damages from NatWest Bank over unauthorised overdraft charges, was yesterday (30 July) told he could not continue proceedings.
Nasdaq-listed technology company BEA Systems' legal function has plunged into further disorder with the departure of its Europe, Middle East and Africa (Emea) general counsel Nils Breidenstein.
Bevan Brittan victory ensures increased Ofgem accountability" /Bevan Brittan has scored a Competition Commission victory against Ofgem that will force the regulator to justify fully any decisions that modify energy industry codes.
•Former secretary general of the Japan Fair Trade Commission Hiroshi Iyori has joined Bingham McCutchen's Tokyo office. Iyori, who is chair of Japan's Competition Law Research Institute and the International Antimonopoly Law and Industrial Property Law Research Institute, is joining the antitrust practice of the firm from Asahi Law Offices. His appointment marks the firm's commitment to expand its Japanese operations, with the firm's management aiming to have one of the largest ...
Bird & Bird is planning a Middle East launch, with Dubai the likely location.
Tulkinghorn was recently called in for an emergency summit with Herbert Smith finance partner Clive Barnard, having pointed out a couple of weeks ago that he turned up to The Lawyer Awards dressed in his gardening gear.
The football transfer market descended into lawyer hell last week... Sorry, the football transfer market ascended to lawyer heaven last week as Manchester United FC tried to buy one Argentine and avoid selling another.
Pooling resources and knowhow is a good way for councils to ensure high-quality regeneration. By Breellen Warry and Aidan Brookes
CMS Cameron McKenna will wave goodbye to global ambitions as it closes its Hong Kong office, the last operation under the firm's own banner outside Europe and Central and Eastern Europe.
Clifford Chance break the mould and succeed with US second coming?" /News that Clifford Chance is to launch a fresh assault on the US market will be watched closely on both sides of the Atlantic, not least because the UK giant has failed so miserably in its US jaunts in the past.
•Clifford Chance has scooped two of CMS Cameron McKenna's high-ranking partners for its Moscow office. Camerons' Central and Eastern Europe energy and projects coordinator David Griston and Moscow head of banking and international finance Jared Grubb are both moving to the magic circle firm. Griston will be a corporate ...
Clifford Chance has continued its mobility strategy with the transfer of London-based Latin America specialist adviser Ignacio Suarez Anzorena to Washington DC. He will be joined next month by counsel Christian Leathley, who will be based in New York.
Lawyer mobility is to become a key part of Clifford Chance's strategy, with partners and associates expected to serve time in various offices across the firm's network.
London's reputation as the world's financial centre is set to be enhanced by the City's only Chinese law firm Zhonglun W&D making a groundbreaking recruitment move.
All the City's big-hitting litigators have a role in an Office of Fair Trading (OFT) test case that got underway last Friday (27 July).
Cohabiting couples that split up should be given the equivalent rights as divorcing couples, the Law Commission recommended today (31 July).
The benefits of private equity partner Marco Compagnoni's February 2006 arrival at Weil Gotshal & Manges have extended beyond the London office.
The Co-operative Group has ventured outside its recently revised panel and appointed Clifford Chance to advise on its £9.5bn merger with fellow co-operative Rochdale-based grocer United Co-operatives.
•The Corporate Manslaughter and Corporate Homicide Act received its Royal Assent last week after 10 years of campaigning by unions and pressure groups. The act will see companies facing prosecution for manslaughter where their gross negligence leads to the death of individuals. This landmark approval will not only seeprivate companies and organisations holding liability, but for the first time government bodies will face unlimited fines if they are found to have caused death ...
Her Majesty's Court Service (HMCS) missed eight of its 12 performance targets in the past financial year, its annual report has revealed.
South East firm Cripps Harries Hall has hired two in-house lawyers from major UK housebuilders.
Czech TMT boutique Kines is to establish an international presence with the opening of an office in Silicon Valley in the US.
Dechert has acted on a key Islamic finance deal, advising on the establishment and London Stock Exchange listing of a $1bn (£485.87m) sukuk certificate issuance programme.
Howard Kennedy and Travers Smith have advised on the £111.8m purchase of a one million sq ft riverside development site at Greenwich Reach, near the Thames in South East London. Howard Kennedy advised Roamquest, a subsidiary of developer and existing client Galliard Homes, on the purchase of the site from central London office development company Derwent London. Greenwich Reach has planning consent for 900,000sq ft of private and affordable homes, ...
Dewey Ballantine has continued its hiring spree by taking on a founding partner of Pöllath & Partners, adding a real estate capability to its German operations for the first time.
Dundas & Wilson has won a role advising the Shetland Islands Council on a review of the financial governance system it uses for funds raised through oil revenues. The firm originally acted for the council in the 1970s, when the latter was given the power to directly negotiate financial agreements with oil industry players in relation to oil-related activities. Corporate partner David Hardie is leading on the current deal alongside head of competition and EU law Peter ...
The Government’s proposed Single Equality Bill is the biggest change to anti-discrimination law in 30 years and will provide work aplenty for lawyers advising public authorities. Richard Kenyon reports
The chairman of Ernst & Young (E&Y) Abogados in Spain Joan Costa has left to join opposition political party Partido Popular (PP).
•Erskine Chambers' legendary former head Richard Sykes QC has died at the age of 73. Before retiring from the bar in 1999 Sykes was renowned as the most eminent barrister working in the company law world, with one client stating that "company law was whatever Richard said it was". Sykes, who was called to the bar in 1958, taking silk in 1981, was instrumental in company law reforms before his retirement. Paying tribute to Sykes, Erskine senior clerk Mike Hannibal said: "Richard's ...
Fasken Martineau Stringer Saul has landed a deal advising Pan African Resources on its dual listing on London's AIM and Johannesburg's AltX.
Australian firm Slater & Gordon's flotation has thrown down the gauntlet for UK firms to follow suit. By Chris Langridge
US firm Debevoise & Plimpton has scooped the head of investment funds from its one-time magic circle suitor Freshfields Bruckhaus Deringer.
Well, it's not as bad as it could have been. That was the feeling as a troupe of Freshfields partners made the short walk back to Fleet Street from the Solicitors Disciplinary Tribunal (SDT) today after Barry O'Brien's conflict of interest hearing.
Freshfields Bruckhaus Deringer corporate partner Barry O’Brien will face the Solicitors Disciplinary Tribunal (SDT) alone tomorrow after head of corporate Tim Jones was dropped from the conflict of interest hearing.
For the first time in its 250-year history Freshfields is facing a discrimination claim from a former partner - and the dirty laundry is flying
With a panel review taking place alongside the continuing developments for the 2012 Olympics, TfL legal head Gareth John has a marathon remit. By Malar Velaigam
Reed Smith insolvency expert" /Halliwells is shoring up its corporate recovery team with the hire of Reed Smith Richards Butler insolvency partner Michael McCarthy. The firm intends to use his addition to expand its government-related insolvency capabilities.
Word on the street is that North West firm Halliwells is in merger talks with Scottish firm Simpson & Marwick. The move would signal the firm's first foray north of the border.
Hammonds' Italian ally Hammonds Rossotto has boosted its Milan office with the hire of Jones Day partner Ettore Scandale.
Harbottle & Lewis has taken on former Macfarlanes partner Andy Millmore as a partner in its IP group.
Jones Day has cemented its relationship with investment bank Collins Stewart, advising it as nominated adviser and broker on WorldSpreads Group's AIM listing.
Between 30 and 40 law firms each year have no professional indemnity insurance cover when they are sued, risk management firm Lockton has revealed.
The Law Society is creating two new posts to promote pro bono work.
Who'd want to be a partner these days? What with various hearings this summer it seems partnership is a poisoned chalice.
LG has secured the lead advisory role for Indian IT firm Patni Computer Systems' acquisition of Europe-based Logan Orviss International (LOI), marking LG's sixth major advisory role on an Indian M&A.
August beckons, and Tulkinghorn is considering his summer reading. As he wandered through the library at Tulkinghorn Towers, his eye chanced upon volumes by the following writers:
US firms must ensure they adopt a working practice that is fit for purpose if they want to make their mark on the City. By Martin Moore and Jeremy Black
Linklaters has embraced the technological age with the launch of its own take on Wikipedia: Linkpedia.
Linklaters Sweden managing partner Jörgen Durban has handed over the reins to M&A head Peter Högström after almost 10 years in management.
Lloyds TSB and Deutsche Bank took no chances in the latest consolidation in the financial institutions sector, by turning to their longstanding magic circle advisers.
Lovells has named New York litigation partner Marc Gottridge as its next US regional managing partner. Following the outcome of a partnership vote he will take up the three-year position tomorrow (1 August).
Lovells and Norton Rose have played key roles in injecting Chinese and Singaporean cash into Barclays.
McDermott Will & Emery has hired one of the founding partners of Ashurst's securities and structured finance group Kate Lamburn.
Merck has promoted its general counsel into management by naming current general counsel Kenneth Frazier as president of its global human health unit. Frazier's promotion marks a growing trend in the pharmaceutical industry, which has seen the need for strong legal representation at the highest level. Last year rival pharmaceutical company Pfizer named its general counsel Jeffrey Kindler as chief executive.
Should firms concern themselves with the ethics of clients' business activities? By Margaret Taylor
The London office of US firm Morgan Lewis & Bockius has raided US rivals in London for two new partners.
The Office of Fair Trading (OFT) heaped more pressure on the regulators of the Scottish legal market today (31 July) after it concluded that restrictions over the provision of legal services could be harming consumers.
US law firm Cohen Milstein Hausfeld & Toll has kickstarted class actions in the US and the UK against British Airways (BA) and Virgin Atlantic for their roles in the price-fixing cartel.
The Office of Judicial Complaints (OJC) received more than 1,600 criticisms of judicial office holders in the past year, leading to 32 disciplinary actions.
US firm O'Melveny & Myers has transferred a key rainmaker from its Tokyo office to head its Asian M&A practice from Hong Kong in a move it hopes will make it a real force in the Asian corporate market.
Orrick Herrington & Sutcliffe has underlined its commitment to China with the addition of Baker & McKenzie Shanghai corporate partner Thomas Man.
Osborne Clarke holds off rivals to stay top in Bristol" /The profitability gap has widened between Bristol's top two firms, while the city's closely tied second tier has been broken apart.
Have partners in major firms become so disenfranchised that they need internal grievance procedures to resolve their gripes? And is senior management now so far removed from negative sentiment at the partner grass-roots level that it is only when the tribunal proceedings land on the mat that they realise they have a problem on their hands?
The flotation of Australian volume personal injury firm Slater & Gordon on the Australian Stock Exchange in May firmly placed the debate surrounding external investment and partnership structure reform back on most firms' agendas.
Conversion to LLP status means firms have to reveal the full extent of their pension deficits - and do something about them. Giles Murphy and Peter Maher suggest how to go about this
Niche pension firm Sacker & Partners has boosted its partnership by 15 per cent, making up three partners.
The biggest event for public sector lawyers this year was arguably the Government's new Catalist super-panel, the replacement for L-Cat. Lured by the honey of the high-paying 'special projects' sub-panel for projects worth £100m-plus, even the magic circle pitched, with Allen & Overy, Freshfields Bruckhaus ...
The new competitive dialogue procedure’s ability to untangle complex contracts has made it part of the furniture in the UK’s procurement sector. By Stewart James
Taylor Wessing's annual event, which gives a whole new meaning to the phrase 'liquid lunch', took place on Friday 20 July.
Reed Smith Richards Butler has introduced a secondment programme to give associates overseas experience, mainly in the US.
The Solicitors Regulation Authority (SRA) has announced a small hike in the minimum salary firms must pay to trainee solicitors.
Clifford Chance has bagged a lead role on the UK IPO of a Dutch aluminium giant due to its presence in Romania.
Of all the recent TV documentaries, few have been as entertaining as When Louis Met…, the series in which the eponymous Louis Theroux interviewed a galaxy of world-famous weirdos, such as Sir Jimmy Saville, Max Clifford and Neil and Christine Hamilton. Now Louis has turned his attention to the law. Under the guise of
Chicago-headquartered Sidley Austin has promoted three partners in its London office, the most seen in at least the last four years.
Law firms across the South West have shared in the devastation caused by the heaviest rainfall since records began. Coming just weeks after the floods that wreaked similar havoc in South Yorkshire and Humberside, where there are few corporate law firms, the water has ruined homes, brought cities to a standstill and is predicted to cause a £6bn headache for the region's insurers.
SJ Berwin has underlined its strategy to expand its client base in the finance sector by advising the lead arranger on the Chrysalis Radio LBO.
Slaughter and May has advised on a landmark ruling that will see hundreds of companies receive millions in compensation from HM Revenue & Customs (HMRC). Following a 12-year battle, the House of Lords ruled that companies wrongly charged advance corporation tax (ACT) should be able to recover interest on the sums on a compound interest rate rather than a lower flat rate. Claimant Sempra Metals will be entitled to claim compound interests on payments of ACT between ...
A couple of months ago The Lawyer labelled 2006-07 as the annus horribilis of Freshfields Bruckhaus Deringer.
Summer has arrived and, while we were all looking forward to long, boozy lunches with oh-so-important clients/friends, the unrelenting deal market has gone and thrown a spanner in the works. At a time when lawyers are supposed to be sunning themselves in the Bahamas, the deal flow just keeps coming.
Reinsurer Swiss Re has launched a review of its insurance dispute resolution panel.
Prospective Transport for London (TfL) panel firms must provide diversity statistics to the company to help its decision-making process.
For the past few years lawyers acting for lenders and borrowers alike in the larger leveraged finance transactions have had to cope with a rapidly developing market. Private equity firms have been able to dictate terms to their bankers to such an extent that it seemed as if there would be no end to the concessions that the banks were willing to make.
How ironic. Rumours emerged last week that Herbert Smith is threatening real estate star Chris De Pury, shortly to depart to Berwin Leighton Paisner, that it will enforce part of a restrictive covenant policy that obliges departing partners to work a 12-month notice period, as well as the part that bars that person from working with particular clients for a further year.
Despite his own high elevation of birth, Tulkinghorn likes to stay 'in touch' with the proletariat, greeting with an indulgent smile the great unwashed's penchant for snow-white training shoes, tabloid newspapers and association football.
Acquisitive South West firm Thring Townsend has secured its entry into the London market by striking a merger agreement with Westminster-based Lee & Pembertons.
•The Government's Tribunal Service has dealt with almost 600,000 cases in its first full year, its annual report has revealed. The majority of cases were appeals in relation to social security and child support, which accounted for more than 40 per cent of cases (254,000). Asylum and immigration rulings also made up a sizeable portion of total cases at 166,000, while employment claims and tribunals amounted to 100,000 cases. The annual report claims that waiting times for ...
A newly qualified solicitor (NQ) at a New York firm in London can earn almost 50 per cent more than a salaried partner at a West End firm, recruitment consultant Laurence Simons has revealed.
A raft of firms has had a hand in ensuring News Corporation's much-anticipated acquisition of Dow Jones was successful.
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CMS Cameron McKenna's decision finally to pull the plug on Hong Kong highlights a real divergence of opinion on the way forward for UK law firms.
White & Case has hired Paul Weiss Rifkind Wharton & Garrison counsel Gabor Molnar as a partner for its Johannesburg office.
Asian Development Bank's (ADB) general counsel Arthur Mitchell has been wooed back to private practice, taking up a role with White & Case in Tokyo.
Media boutique Wiggin has created an alternative to partnership, putting in place a senior associate role.
News of Clifford Chance's renewed attack on the US market may not have local firms there quaking in their boots, but UK rival Lovells has been prompt to shore up its US presence in response.
Washington DC-based WilmerHale has hired the head of Atlanta-headquartered King & Spalding's New York office Michael O'Brien.
Online music company Yahoo! Music is on the lookout for a new legal director for its European operations following the promotion of its previous legal head Ventura Barba.