5 January 2009

The Lawyer

  • A&O duo succeed Pease as India chiefs

    5-Jan-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&O, McDermotts under orders to gauge BlackBerry IP case costs

    5-Jan-2009

    A High Court judge has ordered Allen & Overy (A&O) and McDermott Will & Emery to estimate their costs before an intellectual property (IP) ...

  • Addleshaws seals referral links to two Indian firms

    5-Jan-2009

    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

    8-Jan-2009

    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 ups cash at bank

    6-Jan-2009

    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

    9-Jan-2009

    Baker & McKenzie lays off NY associates" /Baker & McKenzie has become the latest US firm to announce layoffs due to the economic downturn.

  • Bank lawyers face unhappy New Year

    5-Jan-2009

    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.

  • Beresford loses legal supermarket race

    5-Jan-2009

    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.

  • BLG to open in São Paulo this year

    5-Jan-2009

    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 bankruptcy chief joins Greenberg

    9-Jan-2009

    Cadwalader Wickersham & Taft has lost two bankruptcy partners, including its co-chair of restructuring Bruce Zirinsky, to Greenberg Traurig.

  • Can LPC providers justify such high fees?

    7-Jan-2009

    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….

  • Chill wind blows as two-thirds of law firm partners admit job security fears

    5-Jan-2009

    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

    9-Jan-2009

    Clifford Chance cash call was £60m" /Clifford Chance partners raised a total of £60m in their November cash call, The Lawyer can reveal.

  • Clifford Chance hires Fed Trade Commission GC

    6-Jan-2009

    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 to make 80 London lawyers redundant

    8-Jan-2009

    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.

  • Clydes goes down under in hunt for Gulf lawyers

    5-Jan-2009

    Clyde & Co has set its sights on the Australian market as a way of meeting its ambitious Middle East recruitment objectives.

  • Darbys

    5-Jan-2009

    Among the ancient buildings and dreaming spires of Oxford, there is a quiet revolution going on.

  • DLA beats rivals to £10m Govt IT role

    5-Jan-2009

    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 managing partner wins second term

    9-Jan-2009

    DWF has re-appointed managing partner Andrew Leaitherland for a second three-year term, after he stood in an uncontested election.

  • Eversheds Leeds hosts LGBT Xmas bash

    5-Jan-2009

    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

    7-Jan-2009

    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’ clients enhance billing system

    5-Jan-2009

    Eversheds has launched the second phase of a project management system that was inspired by becoming engineering conglomerate Tyco’s sole legal provider.

  • Ex Skadden lawyer takes the firm to court

    9-Jan-2009

    A former associate at US elite firm Skadden Arps Slate Meagher & Flom is suing the firm for defamation and wrongful termination of employment.

  • Facing the music

    8-Jan-2009

    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?

  • Faegre & Benson makes up one in London

    5-Jan-2009

    US firm Faegre & Benson has promoted one partner in its departure-hit London office, as part of nine promotions across its worldwide network.

  • Former Nokia IP head joins Powell Gilbert

    7-Jan-2009

    IP boutique Powell Gilbert has recruited Nokia's former head of IP litigation as its seventh partner.

  • Freeth Cartwright begins redundancy talks with 60

    6-Jan-2009

    Regional firm Freeth Cartwright has begun a redundancy consultation process with 60 staff, 15 of whom are lawyers.

  • Glut of law firms to face actions for negligence

    5-Jan-2009

    Scores of law firms are in the firing line for professional negligence claims this year, The Law­yer’s annual top cases­ survey reveals.

  • Graham Small: Lewis Hymanson Small

    5-Jan-2009

    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.

  • Herbies creates two Asian management roles

    7-Jan-2009

    Herbert Smith has created two Asian regional management roles by naming managing partners for Greater China and South East Asia.

  • Iberia Special Report: Spanish fliers

    5-Jan-2009

    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.

  • Iberia Special Report: Stormy weathering

    5-Jan-2009

    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 liberalisation comes closer with LLP Act

    7-Jan-2009

    Indian and UK lawyers have cautiously welcomed the first legislative step towards liberalisation of the Indian legal profession.

  • Is Davenport’s internet piracy strategy a self-defeating one?

    5-Jan-2009

    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 bags key role in Wedgwood administration

    5-Jan-2009

    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.

  • Litigation Focus: 2009’s top 10 court battles

    5-Jan-2009

    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

  • Morgan Cole grows in Bristol with local merger

    5-Jan-2009

    Thames Valley firm Morgan Cole has taken over Bristol-based insurance boutique CIP Solicitors, which has four partners and 75 staff.

  • Moves roundup: 7 January 2008

    7-Jan-2009

    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 hires Dechert real estate head

    6-Jan-2009

    Nabarro has made a significant hire in its property group, poaching Dechert's UK real estate chief Ciaran Carvalho.

  • Nigel Knowles knighted in New Year Honours List

    5-Jan-2009

    DLA Piper joint chief executive Nigel Knowles has been made a knight of the realm after being named in the New Year Honours List.

  • Opinion: Guilty firms should dig deep and repay miners

    5-Jan-2009

    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 freezes associate salaries at 2008 levels

    6-Jan-2009

    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 picks new board members

    5-Jan-2009

    Osborne Clarke has revamped its management board following the promotion of two partners to department heads.

  • Osborne Clarke revamps regional management

    9-Jan-2009

    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 makes non-law equity partner Ascott-Jones redundant

    5-Jan-2009

    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.

  • Second coalminers tribunal gets under way

    6-Jan-2009

    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.

  • Senior lawyers question law firm business model

    5-Jan-2009

    YouGovCentaur survey reveals doubts over firm structures, while associates fear for their jobs.

  • Shearman advises Boston charity over Madoff losses

    9-Jan-2009

    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 associates decide 2009 committee

    5-Jan-2009

    SJ Berwin’s associate representative body has elected its 2009 committee, which has vowed to improve junior lawyers’ opportunities amid the recession.

  • Slaughters, Links lead on £444m Land Secs Trillium sell off

    9-Jan-2009

    Slaughter & May and Linklaters have helped Land Securities and property business Telereal reach an agreement on the sale of Land Securities Trillium.

  • Sonnenschein inherits IndyMac role from Thacher

    8-Jan-2009

    Sonnenschein Nath & Rosenthal has won the lead role on the sale of US bank IndyMac after hiring 100 Thacher Proffitt & Wood lawyers.

  • Special report: Iberia

    5-Jan-2009

    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.

  • Speechly puts partners’ jobs under review

    5-Jan-2009

    Several Speechly Bircham partners are facing redundancy as part of the firm’s two-month redundancy consultation.

  • Telly vision: Gordon Finlayson, Showtime Arabia

    5-Jan-2009

    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.

  • The Clifford cull

    9-Jan-2009

    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).

  • The winds of change

    5-Jan-2009

    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.

  • Top five UK law firms increase hold on M&A work as recession deepens

    5-Jan-2009

    Small and mid-size legal teams given short shrift as downturn prompts ‘flight to quality’.

  • Trouble at t' bank?

    9-Jan-2009

    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.

  • Tulkinghorn: A handy man, Shacka and an attorney journey

    5-Jan-2009

    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.

  • Tulkinghorn: cock au vin

    6-Jan-2009

    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.

  • Uría Menéndez on course to beat the crunch with 10 per cent revenue jump

    5-Jan-2009

    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 divided on partner promotions in face of worsening economic conditions

    5-Jan-2009

    US firms have cut annual partner promotions amid mounting concerns about the economic downturn.

  • Web Week

    5-Jan-2009

    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.

  • Wragges team to work on Middle East opening

    5-Jan-2009

    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.

  • Wright Hassall managing partner steps down

    6-Jan-2009

    Leamington Spa-based firm Wright Hassall’s managing partner of 18 years has stepped down from the role.