5 March 2001

The Lawyer

  • ...and promotes Lippell to head of corporate finance

    5-Mar-2001

    Leading regional firm Addleshaw Booth & Co is overhauling the management of its corporate finance group.

  • 4 Breams Buildings silk moves to Blackstone

    5-Mar-2001

    Local government and planning set 4 Breams Buildings has lost highly-rated public and planning silk John Howell QC to leading public law and commercial set Blackstone Chambers.

  • A legend in the faking

    5-Mar-2001

    There are so many stereotypes for lawyers that most have lost any humour they might originally have held. However, one that still rings true is that Freshfields partners are frightfully posh.But Tulkinghorn is pleased to be able to finally (and exclusively) bring the curtains down on this last great myth. It seems this poshness is simply a huge façade orchestrated from deep within the practice. The cover-up was discovered by a corporate partner at a rival magic ...

  • A view from Paris

    5-Mar-2001

    Following the important success of the financial markets in 1999, the French legal market as a whole, and the business lawyer market in particular, has been going through major restructuring and reorganisation.

  • A year ago this week

    5-Mar-2001

    Wragges moves into LondonWragge & Co merged with City intellectual property (IP) practice Needham & Grant, developing its media practice and establishing a London presence.Needhams employed five partners and was one of the remaining IP specialists in England. Its client base included Unilever and British Gas.Needhams' senior partner Gregor Grant became head ...

  • Addleshaws loses planning partner to Lawrence Graham...

    5-Mar-2001

    City firm makes key regional partner hire to strengthen its relationship with Sainsbury's

  • An X-rated wedding

    5-Mar-2001

    Tulkinghorn was most gratified to receive correspondence from the delightful Julia Williams, general counsel, international division at First Choice Holidays.Williams was motivated to contact The Lawyer because of the recent coverage of the third annual The Lawyer Monte Carlo conference. It transpires that not only is the event a great way to win new business, meet new contacts and exchange ideas (as well as gaining those all-important continuing professional ...

  • Apax

    5-Mar-2001

    Apax is a long-term client of private equity specialist SJ Berwin. Corporate finance partner John Daghlian has already acted on the last three funds for the house, but this one is believed to be one of the largest ever raised in Europe - most are usually around half the value of Europe V. SJ Berwin dominates the high-end fund-raising market, although

  • BAR TALK

    5-Mar-2001

    The paradigm of legal redress in action is the trial. A hearing, live witnesses, cross-examination, wigs, gowns, all the trimmings. A full trial. Full trials are, however, expensive, time-consuming and often unnecessary. Quite apart from pre-trial settlement, many claims are judged summarily without a trial or even struck out.However, Article 6 of the European Convention on Human Rights may affect the whole basis for the ...

  • Barlow Lyde & Gilbert's ambitions continue with triple corporate hire

    5-Mar-2001

    City firm Barlow Lyde & Gilbert is continuing its policy of aggressive expansion in the corporate department as it takes on two new partners and a senior assistant.Rajita Sharma joins from Hammond Suddards Edge in Birmingham where she was head of intellectual property (IP) and media. She has vast experience of IP in commercial transactions.Corporate lawyer Robert Lyons, a senior associate at Mayer ...

  • Berwin Leighton and Paisners merge after pay compromise

    5-Mar-2001

    Berwin Leighton and Paisner & Co have tied the knot after formulating a compromise solution to the firms' disparate profit distribution methods.

  • Blanket security

    5-Mar-2001

    Financial Security Assurance provides insurance only for those companies that it believes do not actually need it. Vanessa Pawsey talks to assitant general counsel David Ridl about his favourite type of deal

  • Born-again lawyers

    5-Mar-2001

    Five years ago, as a 33-year-old senior banker of public school and Oxbridge education, possessing a Legal Practice Course (LPC) distinction and 12 years relevant banking/banking law experience, I embarked upon a second career as a finance lawyer with some optimism. Today, three years qualified by conventional standards, treated in most respects as four years senior to that and with a salaried partnership from a top 20 UK firm in the offing, some might say that my optimism was justified.

  • Brief encounter: Hausmann & associÉs

    5-Mar-2001

    Last month, French firm Hausmann & Associés announced that it was merging with UK national firm Hammond Suddards Edge. Senior partner Christian Hausmann has finally found a firm that fits.Hausmanns was set up on 1 July 1995 and its name partner has been instrumental in establishing its reputation.Hausmann, who is German, has a broad experience of the legal market. He was an associate in the Paris office of US firm

  • Burges Salmon completes Orange HQ London relocation

    5-Mar-2001

    Bristol firm Burges Salmon has advised telecoms company Orange on the relocation of its corporate HQ to Paddington Basin, the West London development's first pre-let.

  • Burroughs Day sets up biotech unit

    5-Mar-2001

    Bristol firm Burroughs Day has launched a specialist biotechnology acquisition and intellectual property (IP) unit.

  • cable & wireless

    5-Mar-2001

    This is the second billion-dollar deal this year for Shaw Pittman's London office. Last month it advised pharmaceutical giant AstraZeneca on its £1.2bn outsourcing deal with IBM (The Lawyer, 26 February). In the Cable & Wireless deal, Shaw Pittman has moved on from outsourcing to networking.

  • Camerons under OSS scrutiny for sex discrimination

    5-Mar-2001

    CMS Cameron McKenna is being investigated by the Office for the Supervision of Solicitors (OSS).

  • CASE BOOK JUDGMENTS

    5-Mar-2001

    Sir Elton John & ors v Countess Joulebine & orsA major case for IT lawyers and members of the legal profession in related fields concerning the validity of an injunction taken out against a website that had published confidential legal information. This further erodes what some might see as the ideal of free and unconstrained speech on the web, but lawyers will simply be happy that certainty has been introduced into a previously uncertain area of law.The ...

  • CASE STUDY: CHRISTOPHER BRAGANZA

    5-Mar-2001

    Christopher Braganza is just coming up to the end of his first year of training at Allen & Overy and took the Common Professional Examination (CPE) route, after doing a classics degree at Cambridge. He admits that going into law has not been his lifelong ambition."Law was always a possibility, but I could have chosen any one of a number of careers. For example, I ...

  • CASE STUDY: REBECCA NEWSON

    5-Mar-2001

    Rebecca Newson studied law and European legal studies at Durham before going on to do her Legal Practice Course (LPC) at the College of Law at York. Given her time again she would not choose to go the Common Professional Examination (CPE) route."I chose my degree because it was something that I was interested in. I didn't do law specifically with thoughts of going into the legal profession," says Newson. "I think there's a difference between ...

  • Castles in the air

    5-Mar-2001

    Tulkinghorn was delighted to receive an invite to a debate hosted by the Law Society on the topic "Comfortably Balancing Work and Life - Is This A Distant Dream For Most Of Us?"Tulkinghorn was genuinely looking forward to gaining valuable lessons on how to manage his hectic schedule. In the original press release, John Edmonds, general secretary of the GMB, the UK's general union, was due to say: "In Britain we need to grow up and ...

  • CC Pünder loses four Warsaw partners

    5-Mar-2001

    Clifford Chance Pünder's Warsaw office is losing a team of lawyers to Beiten Burkhardt Mittl & Wegener.M&A partners Peter Daszkowski, Krzysztof Rastawicki and Siegfried Seewald and tax partner Lidia Dziurzynska will join Beiten Burkhardt before the end of April. A number of associates ...

  • CC partner joins A&O to head Madrid

    5-Mar-2001

    Allen & Overy is taking on a corporate finance partner from Clifford Chance as it continues its pan-European strategy of broadening its banking and finance practice.

  • charterhouse shopping centre fund II

    5-Mar-2001

    Rowe & Maw has acted for Charterhouse Specialist Investments (CSI) - a subsidiary of HSBC Holdings - for many years, but the relationship was consolidated when CSI retained Ashcroft Estates as its specialist property manager in the early 1990s. Rowe & Maw has acted on more than a dozen shopping centre acquisitions and disposals through its relationship with Ashcroft.

  • Citibank shaken by new top departure

    5-Mar-2001

    Collins joins Adams at ABN; Citibank appoints six City firms to project finance panel; Dentons wins place

  • Clifford Chance CEO election hots up

    5-Mar-2001

    As speculation mounts about who will be the next CEO, Abigail Townsend gives the lowdown on the favourites

  • Clyde & Co consultant quits for A&O Thailand

    5-Mar-2001

    Allen & Overy (A&O) is boosting its corporate capability in Thailand by hiring Clyde & Co senior consultant Tim Dobson.

  • Cooleys rejigs management structure

    5-Mar-2001

    San Francisco-based Cooley Godward is radically overhauling its management structure.

  • CORPORATE

    5-Mar-2001

    There's a storm brewing in Spain, and if the mighty European Commission (EC) is in any doubt over whether it should pull its finger out concerning the Thirteenth European Company Law Directive, it should check out what's going on over there at the moment. That will wipe the smirk off its collective face.

  • Corporate

    5-Mar-2001

    Carrefour sells frozen food subsidiary Picard Surgelés to consortium led by Candover Investments and Chevrillon et Associés for $585m (£405.59m). Carrefour advised by Clifford Chance (Marcus Billam). Consortium advised by Linklaters & Alliance (David Aknin). Founding partial owners of Picard Surgelés advised by Bredin ...

  • CWC in treble debt recovery win

    5-Mar-2001

    South West firm Clarke Willmott & Clarke (CWC) has scooped three new contracts for debt recovery work.

  • Dorsey & Whitney gains two Hewitsons partners

    5-Mar-2001

    US firm Dorsey & Whitney's London office is poaching two top intellectual property (IP) partners from Cambridge-based corporate and commercial firm Hewitson Becke + Shaw.Hewitsons head of IP Ian Craig and fellow partner Niel Ackermann will relocate to London at the beginning of May to head Dorseys' new IP practice. Craig and Ackermann, who are regarded as two of the UK's best ...

  • Dorsey invades China with licence for Shanghai office

    5-Mar-2001

    US firm Dorsey & Whitney is making its first foray into mainland China after winning a licence to practise in Shanghai.

  • English Partnerships declares results of reviewed law panel

    5-Mar-2001

    Nabarro Nathanson, Hammond Suddards Edge and DLA are among the casualties of a major panel review at English Partnerships, the Government's urban regeneration agency.

  • flexible choices

    5-Mar-2001

    For those starting out in the law, one of the most difficult issues is the choice of law firm. This is not just a question of specialisation and geographical location but in the long-term firm philosophy on matters such as working hours and flexibility. Here, there are real differences.One of the key issues facing law firms is recruiting and retaining lawyers of the quality needed to provide the service standards that clients demand. The largest firms have an insatiable ...

  • Garretts faces client loss as two join A&O

    5-Mar-2001

    Top employee share scheme partners quit; work left to one associate

  • Hammonds opens global public law dept in Brussels

    5-Mar-2001

    National law firm Hammond Suddards Edge has set up a public international law practice to work alongside its European law team in Brussels.

  • Held in contempt

    5-Mar-2001

    News of astonishing developments in the courts has reached Tulkinghorn. Having already done away with some of the historical anachronisms that so frustrate modern practitioners, Lord Woolf (below) now seems to attract innovative court practice wherever he goes.Sitting with colleagues Messrs Lord Justice May and Parker a couple of weeks ago, Woolf encountered a rather feisty litigant. The litigant opened his case wearing a T-shirt with the words "DO NOT ARREST ...

  • Hugh James launches sports dept

    5-Mar-2001

    South Wales firm Hugh James Ford Simey has set up a specialist sports law department.

  • International horizons

    5-Mar-2001

    With an increasingly global legal market, overseas placements are a growing phenomenon in many law firms. Such opportunities are not restricted to senior lawyers but are increasingly open to trainees. For many graduates, international opportunities are a very important factor in career development. But before jetting off to exotic locations, it is worth thinking about what you hope, and can realistically expect, to get out of your time overseas, and how ...

  • It should be bard

    5-Mar-2001

    Tulkinghorn would like to say a big thank you to James S Barnett, a solicitor and commissioner of oaths from the sunny climes of Hungerford, who recently took some time to put The Lawyer straight on a few points.In a vastly entertaining, and may I say a very well-written letter, James, whose middle name is Snowden, stated that he found The Lawyer "arid" and unreadable, while calling it a poor relation of Hello! magazine.

  • It's good to talk

    5-Mar-2001

    For Alan Whitfield, law is not everything. KLegal's multidiscipinary approach is what appealed to a man who likes to have more than one thing on his mind.

  • Jumping ship

    5-Mar-2001

    There is, and always has been, a steady flow of junior lawyers moving from private practice to in-house positions. Why? Everyone has their own reasons. I moved because I found myself wanting to change my career path from banking lawyer to new media lawyer before I got pigeonholed somewhere where I couldn't see myself still being happy five years down the track. This is more an issue for recently qualified lawyers than the majority of ship-jumpers, who usually move ...

  • Law's back door

    5-Mar-2001

    So you've watched Ally McBeal and you too want to share a piece of the action, strutting around in short skirts and getting all emotional in court.If that sounds like you, then put The Lawyer down and pick up a copy of The Beano - this career is not for you.However, if you are bright, hardworking with an ability to learn often stultifyingly dull reams of case law, and you are determined to succeed, then read on.If ...

  • London & regional properties

    5-Mar-2001

    Lawrence Graham has been advising London & Regional on this development since the property company was chosen by Guinness to be its partner. Four years on and the development has just crossed the Rubicon, with the brewer, advised by Travers Smith Braithwaite, and developer becoming contractually committed. Agreements ...

  • Mitigate to litigate

    5-Mar-2001

    In the 13th century the natives were restless. Peasants and assorted varlets were increasingly taking their landlords to court over land disputes. The landlords said there was a litigation crisis. (Does this sound familiar?) The solution was to introduce a rule that the loser should pay the costs of the winner in litigation. But what if the loser had no money? At the winner's request, the court could order the loser to be whipped: pain if not gain. (Rumours that the Lord Chancellor

  • MoFo snatches Couderts capital markets partner

    5-Mar-2001

    Morrison & Foerster's (MoFo) Hong Kong office has recruited a Coudert Brothers partner as it undergoes a management shakeup.

  • Olswang wins partner from DJ Freeman

    5-Mar-2001

    Oslwang is hiring a top property partner from rival firm DJ Freeman.Richard Max, one of the UK's leading planning lawyers, will join the firm as head of planning at the beginning of June.Max will join two associates in the planning group and will work closely with the five partners in the property group.Olswang property partner Martyn Needham says that clients want ...

  • Opinion

    5-Mar-2001

    Convergence is a buzzword used by many, but not necessarily understood, even by some of those who use it. Essentially, it is the coming together of the media, IT and telecommunications sectors in terms of technology, products, services and markets.We now have interactive television, we can connect to the internet on our mobile phones and almost every home computer allows access to the internet, as well as acting as a radio, television, ...

  • Osborne Clarke Frankfurt dumps merger strategy

    5-Mar-2001

    Osborne Clarke is refocusing its strategy in Frankfurt and is abandoning its original plan to merge in preference of making a number of lateral hires.

  • Pannones' Manchester Airport work takes off

    5-Mar-2001

    North West firm Pannone & Partners has reprised its role as adviser to Manchester Airport on one of the UK's largest-ever private-to-public deals.

  • Rail lawyer joins Cripps Harries Hall

    5-Mar-2001

    A former deputy director for the Office of the Rail Regulator has joined Kent firm Cripps Harries Hall as a corporate partner.

  • Real Estate and Projects

    5-Mar-2001

    Burford Holdings sells landmark Covent Garden portfolio to Delaware-based limited partnership for £30m. Burford Holdings advised by Clifford Chance (Mike Edwards, Simon Price). Purchaser advised by Freshfields Bruckhaus Deringer (David Lewis).

  • Response

    5-Mar-2001

    Roger Smith, the Law Society's director of legal education and training, responds to The Lawyer's article on 5 February, "Confusion as LPC ratings are published before completion"The fruits of a comprehensive review of the Law Society's training strategy agreed by its council two years ago are now becoming apparent. One example of this was the publication on 2 February of reports on Legal Practice Course (LPC) providers, ...

  • Shearmans appoints top IP partner from Fish & Neave

    5-Mar-2001

    Shearman & Sterling has raided leading Los Angeles intellectual property (IP) boutique Fish & Neave for the second time in six months.

  • Technology, Media and Telecommunications

    5-Mar-2001

    Minorplanet Systems acquires 64 per cent of Nasdaq-listed @Track Communications for $150m (£104m). Minorplanet Systems advised by Mishcon de Reya (Grant Gordon, Larry Nathan) and Brown & Wood. @Track Communications advised by Field Fisher Waterhouse (Mark Abell, Andrew Evans, Nick Noble) and Locke Liddell ...

  • Teutonic plague

    5-Mar-2001

    Kohl has gone, Lothar Matthäus has finally retired and German spectacle designers seem to have learned that less is more. Even the last vestiges of marbled denim have been driven out of the eastern states. The 1990s in Germany has finally undergone closure. It may have taken years, but many of the mergers which started the decade as a reaction to German reunification are only now being tested. Their initial logic is being probed: can German firms be successfully integrated into ...

  • The Leader column

    5-Mar-2001

    Oh, the trills of delight at Allen & Overy (A&O). And oh, the snorts of disbelief at Clifford Chance, Freshfields Bruckhaus Deringer and

  • US-EMPLOYED UK IP LAWYERS

    5-Mar-2001

    Dorsey & Whitney is not the first US firm to recruit UK intellectual property (IP) lawyers. Last April, Brobeck Hale and Dorr became the first US firm in the UK to venture outside London when it poached three partners from Morgan Cole to set up an office in Oxford.Then in May, Hammond Suddards (now Hammond Suddards Edge) lost its head of IP Larry Cohen to US firm

  • Virtually there

    5-Mar-2001

    In the dim and distant past - 15 years ago in fact - if you wanted a pupillage, you basically had to write a hundred letters in your best ink pen and then pray very hard. The Bar Council obviously became tired of all these unhappy, unpupillaged folk lying around the Inns' lawns with nothing to do after their bar finals, so it introduced Patric, a matching service for spare students and leftover pupillages, which did not work too well. In 1996 the Pupillage ...

  • Watkins sent to Reed Smith Coventry

    5-Mar-2001

    Reed Smith Warner Cranston has bolstered its property practice with the hire of former Eversheds partner Nigel Watkins to its Coventry office.

  • Working my way back to you

    5-Mar-2001

    In many ways, the career path of most budding solicitors tends to be somewhat predictable as they join the conveyor belt towards partnership, sometimes even before they are qualified. Increasingly, however, young lawyers are being given an opportunity to diverge from the standard path without giving up the ghost on their chosen law firm altogether, by going on secondment.A young trainee or assistant solicitor who is broadly committed to the firm ...

  • Working my way back to you:Case Studies

    5-Mar-2001

    Simon Allport, a partner in the corporate department at Gouldens, spent two years on secondment as an assistant secretary at the Panel on Takeovers and Mergers between 1994 and 1996."The opportunity for my secondment came up when I was roughly three years qualified and, at that time, it involved the usual diet of general corporate transactions," says Allport. "But I had no particular expertise and no real clue as to the areas that ...