4 August 2003

The Lawyer

  • 35 Essex Street deserts the Inns

    4-Aug-2003

    The Inns are to lose yet another tenant in September when 35 Essex Street quits Temple for commercial premises. The set's departure will mean that almost 50 sets have quit the Inns over the past few years.Christopher Wilson-Smith QC's chambers follows Brick Court, Essex Court, 199 Strand, Keating, Landmark and 20 Essex Street out of Temple.Many sets have become increasingly frustrated with the rising costs of residing in the Inns - last year, Lincoln's Inn raised the cost ...

  • A&O forms new board for Docklands outpost

    4-Aug-2003

    Allen & Overy (A&O) has set up a local management structure for Canary Wharf, to make sure the new office runs on a unified basis with its City headquarters. Two hundred partners and staff have now been chosen for the October move.The so-called coordinating committee comprises Tim House to represent litigation, Don McGown for corporate, Miles Walton for tax, Andrew Joyce for banking and Julian Tucker for capital markets.Joyce, one of the original banking partners ...

  • Allen & Overy brings Italy into line

    4-Aug-2003

    Allen & Overy (A&O) is hoping to see off tensions in its Italian practice with its first pan-Italian managing partner and a new strategy to foster integration between its Milan, Rome and Turin offices.The management restructuring triggered a spate of rumours that high-profile partners were set to quit, but the firm has so far avoided the kind of fallout experienced by Clifford Chance ...

  • Anarchy in the UK?

    4-Aug-2003

    Criminal lawyers are lining up against the Government's criminal justice reforms in a fight for survival and an unselfish stand for justice for all. Jon Robins reports

  • Arnold & Porter launches in Brussels with CC hire

    4-Aug-2003

    US firm Arnold & Porter has hired rated Clifford Chance partner Marleen Van Kerckhove to set up a Brussels office.Although there was a spate of US firms opening in Brussels in 2000 and 2001, Arnold & Porter is the first major firm to make the leap since Howrey Simon opened there with Norton Rose ...

  • Carlyle Group picks Herbert Smith for fund's UK purchase

    4-Aug-2003

    Herbert Smith has picked up its first instruction from the Carlyle Group, advising on the first UK acquisition by the private equity firm's European real estate fund.Herbert Smith advised on the £67m acquisition of 107 Cheapside from AXA Sun Life - a building that currently houses UniBank and some of Allen & Overy.Carlyle has previously used Clifford Chance and Latham & ...

  • CC global securitisation head quits

    4-Aug-2003

    Clifford Chance's international head of securitisation and the former head of the firm's London practice group has resigned.John Woodhall is leaving the firm after 23 years. He announced his decision to Clifford Chance's partners last Wednesday (30 July). It is not clear where Woodhall is moving to, although he is understood to be considering a number of opportunities.His departure, ...

  • CC sidelined as QMH debt holders turn to Bingham

    4-Aug-2003

    Clifford Chance has been replaced as the leading adviser to a group of Queens Moat House (QMH) distressed debt holders in favour of Bingham McCutchen.It is understood that Clifford Chance was asked to stand down as lead adviser two weeks ago by a group of investors who hold £227.7m in junior-term debt in the hotel group. The debt is due for repayment by 31 December 2005.It appears ...

  • CC's London salaried partners in open revolt over status

    4-Aug-2003

    Clifford Chance has been hit by a barrage of criticism from its younger London partners over a change in their salaried partnership status.Senior partner Stuart Popham and some members of a 10-strong group reviewing partner status attended a meeting convened by the salaried partners on 24 July, where the non-equity partners set out their complaints.A key concern of the salaried partners ...

  • Community action and pro bono

    4-Aug-2003

    Beachcrofts takes healthy interest in Isabel's charity

  • Corporate deals round-up

    4-Aug-2003

    DLA (David Raff, Tom Whelan) advised Gresham on its £6.6bn investment in 2escape2 Holdings (2e2) and 2e2 on its acquisition of six IT support companies from Telenor ASA. The deal also involved the onsale to GX Networks of two of the IT companies. Coudert Brothers (Mark Cranwell) advised Telenor Business Holdings UK, Nicholson Graham & Jones (John Elgar) advised the management and Addleshaw ...

  • Covington lands AOL general counsel

    4-Aug-2003

    Covington & Burling has hired AOL Europe's associate general counsel, corporate affairs, as a special counsel in its London office.Robert Stankey, who was at AOL for almost three years, will concentrate on advising technology and interactive services companies on corporate and commercial matters.Stankey said he had always planned to return to private practice at a later stage in his career and that Covington provided a good opportunity to do this. "There are opportunities ...

  • Dewey Euro board gets second seat

    4-Aug-2003

    Dewey Ballantine is expanding its management committee in a move that will see the firm add a second European seat.The New York firm's current management committee numbers 13, but it is expected that by August it will add two more seats for a Europe and a West Coast partner. The decision reflects the progress the firm has made in both regions.Last year Dewey scored a coup by taking on 11 intellectual property partners from Brobeck Phleger & Harrison, including highly-rated ...

  • Ex-CC chief joins Cadwalader

    4-Aug-2003

    Cadwalader Wicker-sham & Taft has hired Clifford Chance's former managing partner Geoffrey Howe as a consultant in its London office.Howe, who hit the headlines in March 2002 when he became chairman of Railtrack Group, will advise the firm on its expansion plans for both London and Europe.This will be the second advisory role Howe has taken within the legal sector - the former Clifford ...

  • Field Fisher barters in money-free economy

    4-Aug-2003

    Field Fisher Waterhouse, the firm at the vanguard of the equity-for-fees craze, is going a stage further by offering its services on a bartering basis on two new business-to-business internet exchanges.Field Fisher, undaunted by the dotcom crash, is advising Professional Spirit and Bartercard on the launch of websites allowing businesses to offer their services or products in a cash-free ...

  • Firm Profile: Glovers

    4-Aug-2003

    In an age where every law firm with more than five partners claims to have a full-service national capability, it is refreshing to find a firm that makes no such claim - a firm which nevertheless has a client list to make much larger practices green with envy.Glovers, with its nine partners andMayfair base, may seem like an old-fashioned kind of London law firm, but appearances are deceptive. It is actually strictly commercial, having ditched its private client practice ...

  • Freshfields Frankfurt trails as Munich beats its budget

    4-Aug-2003

    Freshfields Bruckhaus Deringer's German corporate practice may have had a storming year, but according to figures published by German legal magazine JuVe, there is a marked difference between the profitability of the firm's various German offices.As revealed by The Lawyer (21 July), the German corporate practice posted figures close to those of London for the first time since ...

  • Gettin' wiggy wid it

    4-Aug-2003

    There were high japes down under as the lead prosecutors in a headline-making sex offences trial made the news themselves.Tulkinghorn is given to understand that the lawyers entered the spotlight when they swapped cross-examining for cross-dressing on a boat trip from Pitcairn Island, the site of the trial. Apparently the team of three - prosecutor Simon Moore, his assistant Christine Gordon and magistrate Gray Cameron - opted for fake breasts and tinsel wigs to join in what they ...

  • Going courting

    4-Aug-2003

    Some people will go to any lengths to find a good lawyer. Take internet dating - a harmless and speedy way to find the man or woman of your dreams. But it appears to have been hijacked by those seeking relationships of an entirely different kind.One City PR who is currently unattached poured out her heart on the scandal to a sympathetic Tulkinghorn only last week.It seems the Blackfriars-based suit she'd found in ...

  • Interoute legal chief defects to O2 UK

    4-Aug-2003

    O2 has poached Interoute group legal counsel Richard Hastings as its new chief legal counsel for the UK.Hastings said that he was sad to leave Interoute after being part of the core management team that dragged the company out of receivership late last year. "We achieved a huge amount, but Interoute is a company of 200 people and these are very difficult market conditions. It was back to business as usual. This is a very nice career move," he said.Hastings will take charge ...

  • K-okay

    4-Aug-2003

    After a baptism of fire, KLegal managing partner Nick Holt has finally received some good news on the future of MDPs. By Helen Power

  • Landwell makes first ever equity promotion

    4-Aug-2003

    Landwell has made up its first equity partner since the firm's launch in 1996.A confidential strategy document prepared by Landwell in autumn 2001 identified the failure to make up equity partners as a key issue. Sources inside the firm claim that it has inevitably harmed morale among salaried partners.The Pricewaterhouse-Coopers-tied law firm has now made up salaried corporate partner Shirley Brookes, who joined the firm in 1998. She also becomes head of corporate.Landwell ...

  • Largin' IT

    4-Aug-2003

    After the largest technology merger in history, Steve Hoare talks to Hewlett-Packard's UK head of legal, who has taken all the upheaval in his stride

  • Legal Widow

    4-Aug-2003

    Things are quiet in the office and the Lawyer is perusing the sits vac pages in the hope of a better life. Solicitors being what they are, though, he has a very narrow furrow to plough.I've never understood it: they start off with the whole field of legal work before them, and before their traineeship is over they're knee-deep in the trench of, say, employment or insolvency. And they never step out - it just goes on getting deeper. At the Lawyer's stage they're up to their necks ...

  • Merricks' fee-collection chaos leaves staff waiting for wages

    4-Aug-2003

    Due to a serious cash flow problem, national firm Merricks has been unable to pay assistants and other senior staff on time for months

  • Ogilvy lures McCarthy project finance ace

    4-Aug-2003

    Leading Canadian project finance partner Brian Kelsall has resigned from McCarthy Tétrault, Canada's largest firm. He will join heavyweight rival Ogilvy Renault on 18 August with Ella Plotkin, who became a projects partner early this year.Kelsall, who will be based in Toronto, will focus on building the firm's international practice and in particular its presence in London.Ogilvy, a Montreal powerhouse, is known for its banking practice, and clients include the Royal ...

  • OPINION

    4-Aug-2003

    Commentators have likened Lord Fal-coner's proposed deregulation of legal services to the 'Big Bang' of the 1980s. Although there is an argument for making new choices available to users of legal services, these changes are likely to replace existing choices with a new range of delivery routes.Lord Falconer has tried to reassure high street practitioners that they will not be put out of business. Regrettably, the analysis provided in the document published by the Department for ...

  • OPINION

    4-Aug-2003

    Commentators have likened Lord Fal-coner's proposed deregulation of legal services to the 'Big Bang' of the 1980s. Although there is an argument for making new choices available to users of legal services, these changes are likely to replace existing choices with a new range of delivery routes.Lord Falconer has tried to reassure high street practitioners that they will not be put out of business. Regrettably, the analysis provided in the document published by the Department for ...

  • Partner departures mount at Manches

    4-Aug-2003

    Manches has lost its head of social housing to Bristol firm TLT in the latest in a string of departures to hit the firm.Paul Butterworth is the tenth partner to quit Manches in the past 18 months. The departures have largely been from the firm's property department. However, Butter-worth is only the second of those partners to leave the firm's Oxford office, which has been much more stable than London ...

  • Personal injury firm joins Irwin Mitchell

    4-Aug-2003

    Irwin Mitchell has taken over niche international personal injury firm Lorenzo Zurbrugg, creating the largest foreign claims team in the UK.Partners Michael Zurbrugg and Jose De Lorenzo, along with the entire team of 17 fee-earners and 17 support staff will join Irwin Mitchell's personal injury division, which operates within the firm's international travel litigation group. They will be based ...

  • Personnel privacy

    4-Aug-2003

    The Government is as keen as ever to pursue PFI, but as Caroline Carter and Logan Mair report, problems may arise when transferring employees to a private contractor

  • Roaching partners

    4-Aug-2003

    Leaving the City hordes behind, Tulkinghorn treated himself to a trip to the seaside last week, only to find that there's no getting away from the legal market.Cruising along to Southsea, the harbour area of Plymouth (oh, the glamour), Tulkinghorn pulled into nearby Emsworth to visit the world's best sausage pub for a meat stuffing and a pint of fine Sussex ale.Tulkinghorn is withholding the name of the pub (after all, it wouldn't be the world's best sausage pub if the City ...

  • The IT factor

    4-Aug-2003

    The media ensures we are all made aware of Government IT project failures. But, argues Michael Chissick, behind the scenes there's real potential for success

  • Transport for London's legal chief quits after Tube transfer

    4-Aug-2003

    Transport for London has been left without a legal chief following the unexpected resignation of the agency's general counsel Gareth Davies.Davies, who was formerly head of PFI at KLegal, joined Transport for London last autumn. It is understood that he has now left for personal reasons.A spokesperson for Trans-port for London confirmed Davies' resignation and said that it was always his plan to leave the Greater London Authority Agency after London Underground was transferred ...

  • TV banished from New York courts

    4-Aug-2003

    A New York judge has upheld the constitutionality of a law that bans cameras from the state's courts.Court TV had launched a suit against the State of New York, one of nine states that bans cameras at trial courts.David Boies, managing partner at Boies Schiller & Flexner, argued that the ban on cameras be lifted as the state was violating the First Amendment of the US and New York State constitutions (which give citizens the right to freedom of speech).But on 15 ...

  • Who to trust

    4-Aug-2003

    ...

  • Who to trust

    4-Aug-2003

    To give each NHS trust its autonomy, the Government is pressing ahead with foundation trusts. But will the process of decentralisation knock it off its axis? asks Trevor Blythe

  • Why is Debenhams paying its bidders just to look?

    4-Aug-2003

    Dearbail Jordan looks at inducement fees - the latest evolutionary twist on the break fee