5 November 2001
An article appeared on page 4 of this publication on 29 October under the headline '4 Field Court adopts shrink-to-fit tactics'.
With firms vying for the top students, the training packages they are offering are having to be bigger and better than ever before. Eleanor Levenson investigates what's on offer
A New twist in the development of Spitalfields Market could jeopardise Allen & Overy's (A&O) potential new headquarters.
International telecoms company Alcatel has appointed subsidiary Alcatel Optics Group's head of legal as the chief executive officer (CEO) of its UK and Ireland operations.
Altheimer & Gray has lost its first partner in London since founding its UK office in July 1999.
The Bar Council of the Bahamas is set to apply for a judicial review on a government attempt to carry out an audit of all law firms on the island as a precaution against money laundering.
Last week, The Lawyer revealed that Polish firm Wardynski & Partners was to open an office in Brussels, or more precisely sub-let office space from Brick Court Chambers, with which it has an association. Brick Court is one of very few chambers with an international office, and while Matrix Chambers has mooted the possibility of joining forces with other sets in order to finance the launch of a foreign office, most have rejected any such plan as unfeasible.Most clerks balk at the ...
Sometimes life in a law firm is tough and lawyers have to grab what comfort they can. It seems things have got so bad at Bevan Ashford that people are forced back to childhood comforts in the form of teddy bears. Deal going pear-shaped? Tell Ted, he'll listen. Partner giving you a hard time? Set Bear on him and that'll show him.Although it appears that Tulkinghorn has got it wrong and Bevan Ashford was actually holding a charity event in aid of the Royal United Hospital ...
It may not shout about its success, but Cobbetts is doing well
Kaltons, the property and internet firm, is adopting digital certificate security from ViaCode in an attempt to safeguard confidential client communications. The ViaCode security will enable Kaltons to secure client contact by email and through the web without carrying the risk of unauthorised third parties viewing the information.Hammond Suddards Edge has ex-panded its videoconferencing technology by investing in the latest videoconferencing systems. It will provide ...
During a telephone discussion on the legal issues of the day with a certain Liam McNeive of McNeive Solicitors, Tulkinghorn was perturbed to hear said gentleman suddenly shout: "Stop headbutting me," before saying: "Sorry, that's one of mine." Now, McNeive has his own e-commerce firm, which led Tulkinghorn to believe that the poor man was being attacked by his own solicitors.After Tulkinghorn gently enquired how things were at work, McNeive said he wouldn't know, as ...
Allen & Overy's Guy Beringer accuses companies of using conflict rules for own commercial gain
CMS Cameron McKenna is advising St George, the developer of London's Imperial Wharf, and has just completed the first major step towards the construction of a Marks & Spencer food store and a major hotel on the site.These are the first major commercial transactions to be exchanged for the 32-acre site on the River Thames, next to Chelsea Harbour. The development is expected to take up to seven years ...
Camerons star puts wind in sails of Haarmanns' European practices Parthus in-houser returns to LK Shields
The former head of CMS Cameron McKenna's Central Eastern European group Robert Windmill has joined German firm Haarmann Hemmelrath & Partner.
Hengeler leads the pack on Cinven German buyout
Elliott Duffy Garrett (Laurence Mahood) advised British Land joint venture BL Universal on the sale of Connswater Shopping Centre and Retail Park, Belfast, for £47.25m to Northern Ireland property company Killultagh Estates. Killultagh Estates advised by C&H Jefferson (Mark Tinman).Forsters (Tony Patterson, Craig Eadie) advised a private investor on the £48m purchase of 131 Finsbury ...
Allen & Overy (Stephen Kensell) advised Barclays Capital, Citibank/SSSB, Deutsche Bank, HSBC, JP Morgan and the Royal Bank of Scotland on a £3.5bn revolving credit facility for mm02, the BT Wireless demerged section of BT. Freshfields Bruckhaus Deringer advised mm02.
Macfarlanes (Charles Martin, Mark Baldwin, Stephen Drewitt) advised the management team of Wightlink Holdings on its £180m secondary management buyout. Finance provided by RBS Mezzanine, part of the Royal Bank of Scotland, and RBM Investments, an equity investor, both advised by Dickson Minto.Nicholson ...
In a revolutionary move The Office of Fair Trading (OFT) is processing the UK's first ever super-complaint under its new competition procedure.
Tulkinghorn hears from his colleagues who were teenagers in the 1980s that a great night out for a 14-year-old was to be spent at the local ice rink. With the possibility of meeting members of the opposite sex who were not in your school and thumping tunes from the rickety sound system, the local rink was sheer heaven.Of course, once you got a bit older, the attraction of spending hours and hours going around in circles paled somewhat. Unless, of course, you work for
AOL Europe is going through a tough time but that is not stopping head of legal Clare Gilbert lobbying for the future rights of all ISPs against the formidable BT. Naomi Rovnick reports
Venture capital house 3i is to axe four in-house lawyers from its UK operations.
New York firm Baer Marks & Upham is being fought over by two larger US players looking for a presence in the city.
Will the internet-based recruiters have to change the way they do business? Gill Switalski reports on the new style hiring game
Magic circle firm to court bank's favour as Brunei litigation enters final phase
Fried Frank Harris Shriver & Jacobson is ramping up its highly-rated structured finance practice in the US.
Gibson Dunn & Crutcher and Allen & Overy (A&O) have pulled off a landmark European debt restructuring for printing company client Polestar.The London office of the Los Angeles firm scooped the work advising the company when it ran into difficulties at the start of the year. Polestar is owned ...
Yorkshire firm Gordons Cranswick has bolstered its management team with a series of appointments.
In-house legal teams from Friends of the Earth and Greenpeace will join forces this week in the first of a number of actions intended to halt production at Sellafield's new mixed-oxide (MOX) nuclear plant.From Thursday, Mr Justice Collins will hear a fast-track judicial review of the Government's decision to allow BNFL's MOX plant to commence production.Heads of legal Phil Michaels at Friends of the Earth and Kate Harrison at Greenpeace are coordinating the ...
Hammond Suddards Edge has launched a mediation initiative entitled Hammonds Mediation. The firmwide scheme has been established to raise the profile of the mediation activities undertaken by Hammonds.The initiative has been championed by commercial dispute resolution partner Charles Middleton-Smith. He will lead a team of dedicated partners and other fee-earners, all of whom are accredited mediators.The premise is to present Hammonds lawyers and clients with the opportunity ...
Niche City insurance firm Hextall Erskine is taking over Sussex firm Castle & Co in a bid to broaden its practice.
The question of whether Dame Shirley Porter is guilty of wilful misconduct over the sale of Westminster housing stock will be decided by the House of Lords in a hearing beginning this week.The Court of Appeal in 1999 found Porter, then leader of Westminster City Council, and deputy leader David Weeks, not guilty of wilful misconduct in their roles of devising and implementing a policy of targeting designated sales of council properties in marginal wards.Alan Langleben has ...
Denton Wilde Sapte solicitor Gauri Advani is being sued for libel by Hardeep Singh Puri, the Deputy High Commissioner for India in London.
Why do people choose law as a profession? Why, more particularly, do they plump for insurance law? Of all the practice areas batting their eyelashes at gauche young lawyers, how does insurance seduce prospective specialists?The heady thrill of litigation is often one explanation. Insurance litigation necessitates a knowledge not just of the law, but of whichever specific area the claim has arisen from. Do budding litigators emerge from law school with a subsidiary diploma in asbestos ...
Three Brazilian firms set to lose referrals as Jones Day picks best friend; Portuguese market opens up
Kingsley Napley has advised City property developers Alfie Buller and Craig Best on the purchase of a London office block.The firm acted for the developer's auxiliary Bee Bee Developments and its subsidiary company High Holborn House No 1, which focuses on sites in the capital.The companies bought High Holborn from Prud-ential Assurance Company for £22m in early October.
The Bradford office of West Yorkshire firm Ralph C Yablon has been bought by local rival Last Cawthra Feather.
Latham & Watkins is continuing an aggressive expansion programme in Silicon Valley, as its rivals lay off lawyers.
New figures by the National Criminal Investigations Service (NCIS) highlight the long-held belief that UK lawyers pay only lip-service to requirements to report those money laundering suspects.
City pro bono lawyers slam McIntosh for saying large firms should support their high-street counterparts
Jonathan Goldsmith, director of the Law Society's International Directorate, will stand down on 1 January 2002 to become secretary-general of the Council of the Bars and Law Societies of the European Union (CCBE).
Over here, there's all sorts of speculation about how firms are affected by the downturn, including one persistent rumour that one particular major firm's corporate department is working at 40 per cent utilisation. If that was replicated, the effect on bottom line would be immense. Law firm overheads - accounted for entirely by salaries and premises - are so fixed that any drop in gross billings has a disproportionate effect on the net profit; in other words, on partners' ...
A Leeds barrister is the first UK citizen to become an international judge in Kosovo.
South coast firm Lester Aldridge has won a three-year contract to provide a wide range of legal services to Bournemouth and Poole College.
Rotterdam and The Hague sidelined; up to 25 partners set to move to Amsterdam
Warwickshire firm Lodders has increased its private client capability through a merger with Balsall Com-mon-based KJ Martin & Co.
Lovells advised NM Rothschild & Sons and ABN Amro on the whole business securitisation of the Isle of Man Steam Packet. The deal raised £65m of secured finance for the ferry operator.Head of capital markets David Hudd and senior capital markets lawyer Brian Carne led the deal. "The company's ferries are the main link between the mainland and the island, so the deal was very important for the Isle of Man," said Carne. Hudd added that the deal was unusual, as it is one ...
How do global firms cope with the increasing complexity of training requirements? Catrin Griffiths looks at the methods employed by the larger firms to get the best out of associates
Minter Ellison has gone on a hiring spree, recruiting to both its Perth and Adelaide offices.
Tulkinghorn's scout was out mixing with the glitterati last week at the Trainee Solicitor Awards and was most overcome by the charm and elegance of the 60s model and cultural icon turned human rights campaigner Bianca Jagger. (And Tulkinghorn is most overcome by the charm and elegance of his scout Julia Cahill, on the right.) The way Bianca oozes style, her ability to wear a trouser suit like no other and the way she dances to S Club 7. That's right, Ms Jagger, the woman who ...
In an idle moment, Tulkinghorn has been introduced to a new website called the Carlos Work Nickname Generator. It does fairly much what it says on the tin: you put in your name and then it tells you what your work colleagues call you behind your back.Just for fun, Tulkinghorn ran a few of his favourites through and ended up with the following list: Allen & Overy managing partner Guy Beringer ...
A round up of stories from the UK and around the world
Norton Rose has helped the Financial Services Authority (FSA) publish the Baird report, a review of the regulator's conduct in the Equitable Life affair.The firm was appointed by the regulator last December to give a full account of the FSA's regulation of Equitable. PricewaterhouseCoopers wor-ked on the actuarial side.Norton Rose partners James Bagge and Charles Evans, assisted by Katie ...
So finally the Department of Trade and Industry (DTI) has published its elusive consultation document on amending the Transfer of Undertakings (Protection of Employment) Regulations 1981 (Tupe). The Acquired Rights Directive was amended back in 1998, and the UK had until 17 July this year to implement the changes. The DTI has periodically promised a consultation document with draft regulations appended, but on enquiry in July, it denied all knowledge.Without fanfare, a consultation ...
A key corporate partner at Dublin firm LK Shields has returned after two years in-house at the firm's client Parthus Technologies.
Seven lawyers made redundant as the US downturn continues to hit Silicon Valley the hardest
The Railtrack Share-holders Action Group has dropped Allen & Overy for Lovells.
Singapore firm Rajah & Tann has recruited a new senior partner and is looking to replace its recently departed head of technology.
Is the average citizen too ignorant to understand the complexities of a large-scale fraud case? Jon Robins reports on the furore surrounding Lord Justice Auld's recommendations to abolish trial by jury
Seddons has taken on Rakisons' (now Steptoe & Johnson Rakisons) former head of litigation and insolvency as a partner to head a new insolvency unit at the firm.
Construction specialist Shadbolt & Co has hired a partner from Eversheds' London office.
SJ Berwin has made a further hire from an accountancy-tied firm in Paris as it grows its private equity practice across Europe.
US firm Brobeck Phleger & Harrison's chairman Tower Snow is considering leaving the firm when he steps down from his chairmanship at the beginning of the new year.
Pinsent Curtis initiates own pro bono scheme; Wragges appoints community head
Well, here's a turn-up for the books. Tulkinghorn received a missive this week from HartBrown solicitors ("the largest firm based solely in Surrey", according to its website) about how its lawyers had been travelling the country handing out presents to unsuspecting folk.Tulkinghorn was a little concerned at such unlawyerlike behaviour and feared that the next move on behalf of the firm might be to waive fees because "hey, it's just nice to be able to help people in trouble", ...
Home Counties firm Taylor Walton has sealed its third merger in five years after agreeing a deal with niche commercial firm Myers Cowley of Hemel Hempstead.
Failing to make time to exploit IT is like failing to keep up with the latest case law
The International Bar Association (IBA) has finally launched the Global Competition Network in New York.
Tarlo Lyons' Nigel McEwan says he's never really understood law. So it's just as well that the role of managing partner is right up his street
Taking on its responsibility for ensuring the standards of the UK bar, the Bar Council is making continuing professional development compulsory. Jane Creaton reports
IF Euronext was the winner in the bid for the London International Financial Futures and Options Exchange (Liffe), the deal was also a major success for the US law firms in Europe.
Beachcroft Wansbro-ughs last week successfully defeated an appeal by Westminster City Council to the House of Lords, arising out of the principles of recoverable loss in nuisance.The Lords ruled that local authorities must act quickly on residential complaints or risk harsher treatment in the courts.Beachcrofts partner Rachel Bolt, who heads the firm's London household property recovery unit, said: "This judgment is the latest in a whole series where local authorities ...