5 January 2009
Allen & Overy has appointed a duo of partners to head its India group following the retirement of India group chairman Alex Pease at the end of last year.
A High Court judge has ordered Allen & Overy (A&O) and McDermott Will & Emery to estimate their costs before an intellectual property (IP) ...
Addleshaw Goddard has moved quickly to secure non-exclusive relationships with two Indian firms following The Lawyer’s story (1 December 2008) revealing that the firm was developing an Indian referral network.
Ashurst replaces Green on management board" /Ashurst has elected a new member to its management board to replace former senior partner Geoffrey Green, who will launch the firm's Hong Kong office in February (The Lawyer, 4 ...
Ashurst had almost £45m in the bank at the end of the 2007-08 financial year, with the balance increasing by around 40 per cent from the previous year.
Baker & McKenzie lays off NY associates" /Baker & McKenzie has become the latest US firm to announce layoffs due to the economic downturn.
In-house lawyers at London's major investment banks are bracing themselves for a fresh round of redundancies after seeing 10 per cent of legal staff at some banks losing their jobs.
Barrister Craig Holt is set to become the first person to launch a web-based legal supermarket in the UK, beating disgraced solicitor Jim Beresford to the punch.
Barlow Lyde & Gilbert (BLG) has applied for a licence to open an office in Brazil, with aviation partner Jeremy Shebson set to head the practice.
Cadwalader Wickersham & Taft has lost two bankruptcy partners, including its co-chair of restructuring Bruce Zirinsky, to Greenberg Traurig.
It’s that time of year again, final year law students hurriedly sending their forms to the Central Applications Board to guarantee a place on the Legal Practice Course (LPC)…Course providers fighting for your attention (and your cash) with flashy advertising and shiny brochures….
Lawyers are bracing themselves for the worst as economic conditions deteriorate, with only a third of partners feeling secure in their jobs.
Clifford Chance cash call was £60m" /Clifford Chance partners raised a total of £60m in their November cash call, The Lawyer can reveal.
The general counsel of the US Federal Trade Commission (FTC) has left his post for a partnership role in the New York office of Clifford Chance.
Clifford Chance has begun a redundancy consultation that will lead to 70 or 80 London lawyers losing their jobs, while partners voted to significantly increase their cash contributions to the firm over the Christmas period.
Clyde & Co has set its sights on the Australian market as a way of meeting its ambitious Middle East recruitment objectives.
Among the ancient buildings and dreaming spires of Oxford, there is a quiet revolution going on.
DLA Piper has seen off Field Fisher Waterhouse (FFW) and Pinsent Masons to win a Government mandate worth up to £10m in fees over five years.
DWF has re-appointed managing partner Andrew Leaitherland for a second three-year term, after he stood in an uncontested election.
Law firm lesbian, gay, bisexual and transgender (LGBT) network the InterLaw Diversity Forum held its first-ever event for LGBT law firm staff in the north of England before Christmas.
Eversheds' top earner got £860,000 in 2007-08" /The highest-earning partner at Eversheds took home £860,000 in the 2007-08 financial year, an increase of more than £100,000 on the previous year, according to the firm's LLP results.
Eversheds has launched the second phase of a project management system that was inspired by becoming engineering conglomerate Tyco’s sole legal provider.
A former associate at US elite firm Skadden Arps Slate Meagher & Flom is suing the firm for defamation and wrongful termination of employment.
How did Freeth Cartwright manage to avoid making redundancies until now, while the rest of UK's real estate teams have been making cuts for more than a year?
US firm Faegre & Benson has promoted one partner in its departure-hit London office, as part of nine promotions across its worldwide network.
IP boutique Powell Gilbert has recruited Nokia's former head of IP litigation as its seventh partner.
Regional firm Freeth Cartwright has begun a redundancy consultation process with 60 staff, 15 of whom are lawyers.
Scores of law firms are in the firing line for professional negligence claims this year, The Lawyer’s annual top cases survey reveals.
If a movie was being made of your life, which actor would play you and why? Maybe Tom Hanks. He seems like a regular guy with a good sense of humour, and I wouldn’t mind having his bank account too.
Herbert Smith has created two Asian regional management roles by naming managing partners for Greater China and South East Asia.
The recession may be starting to bite, but the leading Spanish and Portuguese law firms appear to know an opportunity when they see one. Meanwhile, in the banking sector, Banco Santander is continuing to set the pace for the industry.
With a relatively shallow downturn in prospect, the ability of Portugal’s law firms to ride out what many hope will be short-term difficulties could leave them well-positioned for when the good times return.
Indian and UK lawyers have cautiously welcomed the first legislative step towards liberalisation of the Indian legal profession.
So there you are, quietly enjoying some internet porn, when you hear a letter drop on to the mat. It is from Davenport Lyons, a media and IP firm, demanding around £500 for the porn. And it has killed the mood.
Linklaters has been named adviser to the administrator of another failing UK business, with Deloitte instructing the firm on the administration of luxury goods maker Waterford Wedgwood.
We may only be a few days into 2009, but it’s already shaping up to be a vintage year in the courts. Here’s our guide to the disputes making the biggest waves
Thames Valley firm Morgan Cole has taken over Bristol-based insurance boutique CIP Solicitors, which has four partners and 75 staff.
Former DLA Piper Scotland partner Anne McGregor (left) has joined property specialists Bell & Scott as a consultant. Also an ex-Bird Semple partner, McGregor was DLA Piper’s last Glasgow real estate partner before leaving the firm in December.
Nabarro has made a significant hire in its property group, poaching Dechert's UK real estate chief Ciaran Carvalho.
DLA Piper joint chief executive Nigel Knowles has been made a knight of the realm after being named in the New Year Honours List.
Octogenarian Mr Sheppard was pushed into the Manton Miners Welfare in his wheelchair. Frail, elderly and very sick he waited for an hour before springing into action. He leapt from his wheelchair and launched into a tirade against greedy solicitors. Mrs Beckett listened on; her resolve was quiet but equally firm.
Orrick Herrington & Sutcliffe has announced a firmwide salary freeze for 2009 with associates, counsel and senior consultants at the firm set to receive the same salary in 2009 as in 2008.
Osborne Clarke has revamped its management board following the promotion of two partners to department heads.
Osborne Clarke has revamped it management line up with the promotion of David Powell and Greg Leyshon to lead its Bristol and Thames Valley offices respectively.
Pannone director of communications Deborah Ascott-Jones, who was one of the first non-lawyers to be given equity partner status, has been made redundant.
The Solicitors Regulation Authority (SRA) today launched a series of allegations of misconduct against six partners at Barnsley-based Raleys Solicitors in relation to their handling of compensation claims from sick coalminers.
YouGovCentaur survey reveals doubts over firm structures, while associates fear for their jobs.
Shearman & Sterling has landed a lead role advising one of the largest victims of US hedge fund manager Bernard Madoff's $50bn (£33bn) pyramid scheme.
SJ Berwin’s associate representative body has elected its 2009 committee, which has vowed to improve junior lawyers’ opportunities amid the recession.
Slaughter & May and Linklaters have helped Land Securities and property business Telereal reach an agreement on the sale of Land Securities Trillium.
Sonnenschein Nath & Rosenthal has won the lead role on the sale of US bank IndyMac after hiring 100 Thacher Proffitt & Wood lawyers.
Iberian lawyers are hoping that having worked in a relatively flat market pre-economic downturn will mean a slower and less painful crash in 2009.
Several Speechly Bircham partners are facing redundancy as part of the firm’s two-month redundancy consultation.
He began his career as a journalist and dabbled in the music business, but now Gordon Finlayson has finally found his perfect job – overseeing the legal function at Showtime Arabia.
It is safe to say that few fees were billed at Clifford Chance yesterday amidst the logistical nightmare of having a chat with 880 lawyers and paralegals (see story).
I don’t want to get too apocalyptic for this first issue of 2009, but it’s increasingly clear that the golden age enjoyed by the UK commercial legal profession has been brief. These are not going to be a comfortable few years for anyone.
Small and mid-size legal teams given short shrift as downturn prompts ‘flight to quality’.
I have had a lot of calls over the last few months from Managing Partners and Finance Directors of law firms asking for a second opinion as to whether the renewal terms offered by their bank are reasonable.
News has reached Tulkinghorn’s ears of the talented man being billed as the scariest partner in law: Freshfields Bruckhaus Deringer restructuring high chieftain Ken Baird.
The words Gleneagles Hotel conjure up images of a rarefied atmosphere, fine dining and expensive whiskies drunk in crystal glasses by a roaring fire. Not an ex-lawyer's genitals.
Leading Spanish firm Uría Menéndez is set to post a double-digit increase in revenue, with a 10 per cent turnover boost for 2008 expected ;despite ;the economic downturn.
US firms have cut annual partner promotions amid mounting concerns about the economic downturn.
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Wragges team to work on Middle East opening" /Wragge & Co has put together a Middle East team that is focused on launching an office in the region by the end of 2009.
Leamington Spa-based firm Wright Hassall’s managing partner of 18 years has stepped down from the role.