6 April 1998

The Lawyer

  • A&O in Paris merger talks

    8-Apr-1998

    Allen & Overy is understood to be in merger talks with leading Paris banking firm De Pardieu Brocas Maffei & Associes in a bid to catch up with its City rivals in France.A source close to the negotiations said A&O's ten-lawyer Paris office would merge with nine-partner De Pardieu in September if the City firm was happy with De Pardieu's finances.If the deal does ...

  • ABA task force proposes "pay to play' practice ban

    8-Apr-1998

    A divided American Bar Association (ABA) task force has proposed that lawyers who make campaign contributions to government officials be banned for two years from advising them.The radical proposal is one of a series of measures proposed by the task force to combat the practice of "pay to play", where lawyers allegedly secure government work by making campaign contributions to officials.The ABA's ruling council will vote on the plan this Tuesday at the ABA ...

  • Ambitions on an Olympic scale

    8-Apr-1998

    Neil Gerrard

  • Avocats by establishment

    8-Apr-1998

    Mary-Daphne Fishelson says the Paris Bar has real concerns about the EC's Rights of Establishment Directive. Mary-Daphne Fishelson is spokesperson for the Paris Bar on international matters.Foreign lawyers have always been accepted in France. As a result of 1990 legislation on the merger of the professions of avocat and conseil juridique, a great number of established foreign lawyers in France became avocats - listed as avocats with the relevant local Bar and holding ...

  • Book of the week

    8-Apr-1998

    Controlled drugs - a handbook for the legal profession, by the Institute for the Study of Drug Dependence.Everything you wanted to know about drugs but were afraid to ask. For instance, did you know that Crack Cocaine is also known as "rock", "base", or "wash" and hails from the eastern slopes of the Andes.Cannabis, on the other hand, grows almost anywhere - even in gardens in the south of England. When ...

  • Brief

    8-Apr-1998

    Cornelius Medvei of Eversheds acted for Nursing Home Properties on its admission to the Official List and the associated £88.2m fundraising. Linklaters advised investment bank Robert Fleming & Co and Clifford Chance advised ...

  • Briefs

    8-Apr-1998

    BBC 2 is holding a mock trial this week over three days (3-5 August). Real barristers - Rebecca Poulet QC and Christopher Sallon QC - will fight out the case of a fictional detective accused of blackmail. The programme will also follow the deliberations of the jury.On Thursday Ashurst Morris Crisp assistant Jeremy Goodwin will swim 1344 lengths of Broadgate Club swimming pool - ...

  • Bristol Port in a storm over conservation

    8-Apr-1998

    Roger Pearson reports on an economics versus environment dispute concerning the future of a section of the Severn Estuary.A battle over plans to designate a part of the Severn Estuary - which is earmarked for development - as a Special Area of Conservation (SAC) is to be fought out in the European Court of Justice (ECJ).Mr Justice Laws has ruled in the High Court that the possible preservation of the area - opposed by the Bristol Port Company which is behind ...

  • Buy-out of broker steps up market competition

    8-Apr-1998

    COMPETITION in the UK buy-out market is set to become even more intense, following the £951m leveraged buy-out of insurance broker Willis Corroon by legendary US buy-out specialists Kohlberg Kravis Roberts (KKR).KKR shot to fame in the 1980s with its audacious $30bn buy-out of RJR Nabisco - at the time the world's largest ever corporate deal and subsequently immortalised by the book and the film, Barbarians at the Gate.Asked about KKR's reputation, ...

  • Concern over courts' IT update after rift

    8-Apr-1998

    The Lord Chancellor's Department (LCD) is insisting that US company EDS' contract to install IT case management systems in all civil and Crown courts is safe, despite the recent bust-up over the tender to supply the £170m Libra system in magistrates' courts.Last week it emerged that EDS had complained to the LCD over the impending award of the Libra contract to rival company ICL. In a letter, leaked to magazine Computer Weekly, EDS claimed it had been ...

  • CPS lawyers lament Falconer's departure

    8-Apr-1998

    Crown Prosecution Service (CPS) lawyers have reacted with disappointment to Solicitor General Lord Falconer's departure from the Attorney General's Department to take up a more senior post.The ebullient former barrister and close friend of the Blairs was one of the winners in last week's reshuffle when he was promoted to become Jack Cunningham's deputy at the Cabinet Office.He has been replaced by another commercial barrister, Ross Cranston, ...

  • Denton Hall survey unearths fears over UK economy slump

    8-Apr-1998

    Signs of more gloom for the UK economy have emerged in a survey from Denton Hall, which found that three quarters of UK businesses expect the Asian economic crisis to have a "marked and damaging effect" on the economy within nine months.The downturn will be coupled with a reduction in inward investment into the UK, according to respondents. The continuing strength of sterling, together with cheaper imports and falling demand for UK exports to the Asia Pacific region will ...

  • Dutch to relax MDP rules

    8-Apr-1998

    The Dutch Bar is close to an agreement with accountancy firm Ernst & Young that could lead to multidisciplinary practices in the country.The Bar is understood to be willing to allow the firm's tax lawyers to profit share with its allied Dutch law firms - Banning Van Kemenade & Holland and Van Benthem & Keulen.Hans van Gyzen, chairman of E&Y's Rotterdam-based 60-business lawyer partnership, said the firm planned to merge the firms into one single entity ...

  • Eversheds scoops phone deal

    8-Apr-1998

    Eversheds has been appointed to advise Kingston Upon Hull City Council on its controversial plans for a £500m flotation of Kingston Communications (Hull), the unique telecommunications service owned by the council.Kingston Communications is the only UK telecommunications service in public hands and can trace its roots back to the first days of the telephone.In the early, ...

  • Eversheds swallows Palmers to gain Cambridge practice

    8-Apr-1998

    MERGER-hungry Eversheds is to take over Cambridge firm Palmer Wheeldon in November to realise its long-held ambition to open in the university city.When the merger goes ahead as planned, Eversheds will challenge Mills & Reeve's position as the largest practice in East Anglia.After taking ...

  • Finance

    8-Apr-1998

    David Morley of Allen & Overy is advising British Aerospace on the £750m syndicated credit facilities arranged by a group of international banks

  • Finers joins Lawrope as UK representative

    8-Apr-1998

    West End firm Finers has replaced Harris Rosenblatt & Kramer as the UK member of Lawrope, a network of firms who refer work between themselves and do joint venture cross-border work.Finers joined Lawrope after Harris Rosenblatt severed its ties with the network following its merger with Paris-based Salans Hertzfeld & Heilbronn earlier this year.Finers managing partner Richard ...

  • Fulham FC plan under scrutiny

    8-Apr-1998

    A battle to block plans for Fulham FC's Craven Cottage Ground is under scrutiny. The House of Lords is considering new moves to prevent a £7m development plan for the site. Lady Dido Berkley, a local resident and leader of protesters against the scheme is seeking leave from the Law Lords to appeal against a Court of Appeal decision in February approving the plan. The Law Lords have adjourned the application to give the club a chance to object.

  • Gowans drives publishing deal

    8-Apr-1998

    Osborne Clarke senior associate Andrew Gowans led a team advising on one of Thames Valley's largest ever private company deals - John Madejski's £260m sale of Hurst Publishing, the publisher of top-selling magazine Auto Trader.Gowans hailed the deal as vindication of the firm's decision to open a Thames Valley office in Reading last January and a victory for ...

  • Gun amnesty compensation

    8-Apr-1998

    The House of Lords has adjourned consideration of a Home Office challenge to moves by a gun owner who is seeking to sue over its alleged failure to pay compensation. David Steed claims he handed in his firearms in July last year in accordance with the terms of the Firearm (Amendment) Act 1997, but by October had still not received compensation. He launched county court proceedings against the Home Office, which is seeking leave to appeal against a county court and Court of ...

  • Have your say in the debate on the future of the profession

    8-Apr-1998

    The profession should bury its differences and help build a new consensus, says vice-president of the Law Society Robert SayerIf the profession is going to solve its problems, we must adopt a much longer-term strategy than we have in the past.One obstacle to this is our electoral system, with the president himself effectively having only nine months to implement a manifesto and no one knowing whether the next president will abandon what is achieved and embark ...

  • Hill Dickinson partner quits for rival after alleged clash

    8-Apr-1998

    A "personality clash" has led to a property partner at Hill Dickinson, a leading north west firm, defecting to Manchester rising star Wacks Caller.Anne Dobie is leaving Hill Dickinson after 15 years, after an alleged clash with her head of department Elizabeth Mackay and senior partner Paul Walton.One insider at Hill Dickinson said: "There certainly was a personality clash."

  • In brief: "Inimical' pensions lawyers come under fire

    8-Apr-1998

    Pensions Ombudsman John Farrand has launched a strong attack on prominent pension lawyers in the foreword to his annual report, describing them as "inimical" to his role.

  • In brief: Andersens withstands Texas allegations

    8-Apr-1998

    Arthur Andersen has survived an 11-month investigation in Texas over allegations that the firm had engaged in the unauthorised practice of law. According to Andersens, the dispute centred on tax advice, which has historically been offered by both accountants and lawyers in the state.

  • In brief: Brighton walks off with first Lexcel award

    8-Apr-1998

    The Law Society has awarded its first ever Lexcel quality mark to Brighton & Hove Council's legal team (pictured above (l-r) Claer Lloyd Jones, Charlotte Snazell,John Heys, Bob Bruce and Alex Bailey). The award - which recognises adherence to the society's practice management standards - was made after a two-day inspection.

  • In brief: CPS woman questioned in corruption probe

    8-Apr-1998

    The Metropolitan Police have denied reports that the scope of an ongoing investigation into corruption has been widened to include CPS and defence lawyers. However, the CPS has confirmed that a woman CPS employee has been questioned in relation to the enquiry.

  • In brief: Insolvency practitioners face conditional fees

    8-Apr-1998

    Mr Justice Ferris' working party into the remuneration of insolvency practitioners has called for the introduction of conditional fee-type agreements in insolvency work. The working party, which reported last Friday, suggests in some cases insolvency practitioners should only be paid if they get assets back. It also stresses the duty of insolvency practitioners to satisfy themselves that solicitors' bills are proper and reasonable. The report was welcomed by the Vice-Chancellor, ...

  • In brief: Law Soc retains immigration regulation role

    8-Apr-1998

    Home Secretary Jack Straw has decided to allow the Law Society to continue to regulate immigration solicitors. His immigration white paper, which was published last week, proposes the setting up of a body to regulate non-lawyer advisers but says the government is still considering "the extent to which members of the legal profession should be subject to regulation". It also proposes restrictions on the availability of legal aid, a single right of appeal for asylum seekers and bail proceedings ..

  • In brief: Mishcon de Reya takes on business head

    8-Apr-1998

    Mishcon de Reya has appointed Teresa Harman in a new position for the firm - head of business development. Harman has worked at Clifford Chance and, most recently, as head of business development at Frere Cholmeley Bischoff.

  • In brief: Report highlights big insurance savings

    8-Apr-1998

    A report compiled by brokers Nelson Hurst & Marsh and Flemings, which shows that more than 70 per cent of firms could buy insurance cheaper on the open market than from the Solicitors Indemnity Fund (SIF), has been sent out to 8,500 firms in England and Wales. See Analysis, page 13.

  • Investigate the investigative process

    8-Apr-1998

    Justice's latest report examines the legality of certain surveillance methods and looks forward to the new Human Rights Bill, says Madeleine Colvin. Madeleine Colvin is director of legal policy at Justice.Modern policing no longer relies solely or mainly on detection, confession and the hope that witnesses will come forward. Increasingly, police, customs and Excise and other law enforcement agencies are turning to proactive, intelligence-led ...

  • It has been a bad week for:

    8-Apr-1998

    Solicitors in the Government. Social security secretary Harriet Harman and trade minister Lord Clinton-Davis both got the boot in Tony Blair's reshuffle, leaving Mike O'Brien as the sole solicitor representative in the Government.Anyone who wants to have a look around Lord Chancellor's jazzed-up apartments. Apparently, so many people want to see them that the waiting list is stretching well into next year, if not the year 2000.

  • IT has been a good week for:

    8-Apr-1998

    Plymouth law firm Foot & Bowden, which netted itself an unusual client after a fishing boat caught a stray Ministry of Defence unmanned submarine in its nets. The firm is helping the fishermen claim a £150,000 salvage fee from the Government.Former Tory cabinet minister Lord Hunt, who received the unexpected privilege of being invited to join Tony Blair's cabinet as a junior whip. That is until the Beachcroft Stanleys managing partner ...

  • Lord Irvine stalls Bar's court ban on non-practising barristers

    8-Apr-1998

    The Bar Council has been forced to suspend a controversial rule change barring non-practising barristers from acting as advocates after the Lord Chancellor, Lord Irvine, said he should have been consulted.On 1 June the Bar Council changed rule 212 of its code of conduct to remove rights of audience from about 3,000 barristers not in independent practice or working in-house unless they received a waiver. The rule applied not only in courts but also to tribunals and public ...

  • McGrigor Donald first Scots to break £20m turnover barrier

    8-Apr-1998

    McGrigor Donald is believed to be the first Scottish firm to break through the £20m barrier for annual turnover.Last week, for the first time in its history, the firm disclosed its annual turnover (to 30 April 1998) as £20.6m.The figure, which is a rise of 10 per cent on last year's turnover of £18.7m, is contained in the firm's first annual review.The figure is broken down into £12m for the Glasgow office, £4.75m ...

  • Med neg work: the facts

    8-Apr-1998

    Last week's news brief, "Med neg work to be restricted to franchisees", reported that from next January only personal injury franchisees would be able to do medical negligence work, until that pool was restricted further, about six months later, following the introduction of a medical negligence franchise category.The new medical negligence category will actually be introduced in January 1999. Applications will be accepted from November.

  • Merger forms Durham giant

    8-Apr-1998

    Seven-partner, five-office Durham firm Blackett Hart & Pratt has merged with four-partner Walton Hardy & Clough to form one of County Durham's largest practices.Partner Karen Thompson has also joined as a lateral hire from Newcastle's Deas Mallen Souter, and will do financial services work.Former Blackett Hart assistants Ursula Collie, Catherine Shewan and Annabel Beattie have also been appointed partners. The firm now has 14 partners and over 70 support ...

  • New legal expenses insurer targets commercial clients

    8-Apr-1998

    A new legal expenses insurance company has been set-up to target commercial clients involved in high-cost litigation.First Legal Indemnity (FLI), which was launched last week, offers "after-the-event" insurance designed for High Court and other complex litigation, such as insolvency.FLI has immediate authority to cover claims up to £1m but said that there was no set limit on indemnity and that each proposal would be treated on its own merits.The ...

  • Nicholson recruits

    8-Apr-1998

    Human resource consultancy Nicholson International has recruited Sarah Johnson, senior marketing manager at Ashurst Morris Crisp, for its legal management consultancy team. Johnson was previously head of marketing at SJ Berwin. The team is headed by Linda Packard, who joined from the David Andrews' Partnership,

  • Niri Shanmuganathan on "format' rights in film copyright. Niri Shanmuganathan is a solicitor at Taylor Joynson Garrett.

    8-Apr-1998

    A judgment given in the case brought by Mehdi Norowzian against Arks Advertising and its clients is an important victory for advertising agencies and their ability to use artists' ideas as inspiration.Norowzian took action for copyright infringement of his short film Joy. He had used various editing techniques including jump cutting so that Joy consisted of a man dancing jerkily to music.Arks accepted that they had seen Joy before producing the Guinness ...

  • NYC and DC firms to merge

    8-Apr-1998

    Partners at leading Washington DC firm Swidler & Berlin have agreed to merge with New York's 65-lawyer Shereff Friedman Hoffman & Goodman.Swidler Berlin Shereff Friedman will have 240 lawyers and boast a turnover of about $110m.For both firms the merger was driven by changing client demands. Edward Berlin, chairman of Swidler & Berlin, said: "The world is shifting from a regulatory paradigm to a more competitive paradigm. In that environment we needed a ...

  • Outsourcing

    8-Apr-1998

    Kevin Barrow of Tarlo Lyons advised information technology service provider Atos on its £9m outsourcing deal with Co-operative Retail Services, advised by Denton Hall.

  • Partnership revolt forces Dibbs to drop cash call plan

    8-Apr-1998

    Attorney General John Morris QC, who is fighting a sex discrimination claim over the appointment of civil counsel, has announced a major shake-up of the appointment system.Under the changes, announced last week, all future appointments of government civil counsel will be advertised and monitored to ensure fair representation of women and ethnic minorities.Other reforms, recommended by a working party set up by Morris in February, include making appointments for ...

  • Partnership revolt forces Dibbs to drop cash call plan

    8-Apr-1998

    Dibb Lupton Alsop is understood to have dropped a controversial plan for a cash call to boost its tax reserves after a rebellion among its 142 junior partners.Sources close to the firm said Dibbs hoped that its junior partners, referred to as "fixed share partners", would forgo a proportion of their income to increase the reserves. The fixed share partners are said to have received the proposal in an e-mail message from senior partner Roger Lane-Smith, and then to have rejected ...

  • Questionable justice

    8-Apr-1998

    A damning report slams French commercial courts' flaws. Geraldine Gadbin reports. Geraldine Gadbin, a solicitor with Sherwin Oliver in Hampshire, is a French national and a qualified avocat.As the French bask in the glory of World Cup victory, few are aware that their commercial courts, the tribunaux de commerce, are being given a dressing-down in a report, Une Justice en Faillite, prepared by Arnaud Montebourg, a socialist MP and a practising avocat.Created ...

  • Quotes of the week

    8-Apr-1998

    "In our judgement, the summing up in this case was such as to deny the appellant that fair trial which is the birthright of every British citizen."- The Lord Chief Justice, Lord Bingham, on his predecessor, Lord Goddard's handling of the trial of Derek Bentley and Christopher Craig."I felt at Hill Dickinson that if I'd ...

  • Research finds solicitors are hostile to mediation scheme

    8-Apr-1998

    Research into a mediation scheme at Central London County Court has found solicitors to be generally unenthusiastic, frequently apprehensive and occasionally positively hostile to mediation.The scheme, which began in May 1996, offers parties the chance to resolve disputes through mediation for a nominal fee of £25 per party.By March 1998 offers of mediation had been sent out by court in about 4,500 cases, and 160 cases had been mediated.But ...

  • Rewiring the circuit court system

    8-Apr-1998

    Although the Bar opposes altering the circuits, some in the profession think change is desirable, says Rebecca Towers. Rebecca Towers is a freelance journalist.Circuit leaders are preparing to vigorously oppose any government plans to dismember the six-circuit system.Although the Lord Chancellor's Department (LCD) has assured The Lawyer that the judges' circuits are not under review, the Home Secretary, Jack Straw, has not totally ruled out change in ...

  • Rowe & Maw fights to retain partners after two defect to CC

    8-Apr-1998

    TWO leading Rowe & Maw corporate partners have defected to Clifford Chance and two more may follow - despite a concerted rearguard action by the firm to persuade them to stay.Highly rated corporate partner Paul Maher and Brussels-based competition partner Simon Baxter have already resigned from the partnership.Andrew Copley and Peter Dickinson are still considering Clifford ...

  • SIF: still a runner - or dead in the water?

    8-Apr-1998

    In the light of the CLLS's recent condemnation of SIF, Shaun Pye wonders if the mutual fund stands a chance against the might of the City.In the bowels of the Solicitors Indemnity Fund (SIF) HQ, staff can definitely hear the fat lady clearing her throat and preparing to sing.While last week's call from the November Group of City firms for SIF to be scrapped surprised no one, the response to the Law Society's consultation on the future of professional ...

  • Simmons' Italy extras

    8-Apr-1998

    Simmons & Simmons has recruited two partners to strengthen its Italian practice. Corporate partner Marco Franzini joins its Milan office from Studio Legale De Berti & Jacchia and telecoms partner Antonio Lombardo moves to the Rome office from Piergrossi Villa Manca Graziadei. The Milan and Rome offices now have nine partners and 40 other legal staff.

  • Sound foundation for innovation

    8-Apr-1998

    Installing a practice management system is not a task to be taken lightly. Owen Williams explains the process.No one should embark on the process of introducing a practice management system without very good reasons.DJ Freeman had an accounts system that was showing its age. The hardware was being pushed to its limits, was not year 2000 compliant, and spare parts were becoming more difficult to get hold of. Attempts to improve the way the firm managed ...

  • Sowing doubt over engineered crops

    8-Apr-1998

    A new firm has found recognition after representing an organic farmer in a dispute over genetic engineering, writes Roger Pearson.Just one month after setting up in practice, two-partner firm Earthrights Solicitors, of Takeley in Essex, has found itself in the High Court and the Court of Appeal facing formidable opposition - in the form of the Government, Hammond Suddards and Herbert Smith.Charlie Hopkins (formerly of Leigh Day & Co) ...

  • Spanish law unit

    8-Apr-1998

    Midlands firm Needham & James has opened a Spanish law unit in its Stratford-upon-Avon office. The move coincides with the recruitment of solicitor Anne McMahon, who is a fluent Spanish speaker and a qualified legal translator. McMahon will work with John Hughes, the managing partner of the firm's Birmingham office, in advising companies and private clients with commercial interests in Spain and Latin America.

  • SPBG supports ethics woman

    8-Apr-1998

    Marlene Winfield of the National Consumer Council makes an important point in recognising the need for an ethical element to legal education (The Lawyer, 28 July). She also rightly acknowledges the business and professional reasons for recognising the balance between law as a business and as a profession.The Solicitors Pro Bono Group has always argued identical points. Backing from a major consumer organisation is welcome. Support for our cause has come from speakers ...

  • SPG drums up funds to challenge SIF risk branding

    8-Apr-1998

    The Solicitors' Property Group (SPG) is appealing to the entire profession to help finance a judicial review of the Law Society's new risk banding rules for contributions to the Solicitors Indemnity Fund (SIF).Under risk banding, which is being introduced this year, firms specialising in conveyancing face massive hikes in their SIF contributions because of the risks associated with such work.At its AGM last Tuesday, SPG members voted to set up a fighting ...

  • Strategy is everything in the fight for survival

    8-Apr-1998

    The legal marketplace may be enjoying one of its best years ever, but there are still many firms which are not enjoying the fruits of this boom.Last week, The Lawyer reported the demise of 19-partner West End firm Forsyte Saunders Kerman, which will split next month with its property department going to Lawrence Graham and six other partners heading to Edward Lewis.

  • Taylor Walton enters top 200

    8-Apr-1998

    Home counties practice Taylor Walton is to join the top 200 law firms by size via the acquisition of Woolley & Weston.The 65 fee-earner St Albans firm, which last year merged with Hemel Hempstead firm Wainwrights, is taking on nine of competitor firm Woolleys' lawyers. The rest of Woolleys' practice is likely to go to other small high street firms.Taylor Walton is ...

  • The key to euro compliance

    8-Apr-1998

    I refer to your article, "Strategies for a Euro Future", (The Lawyer, 14 July) which discussed a number of actions to ensure the euro-compliance of IT systems.Another problem for readers may be that their word processing software does not allow them to produce the euro symbol. Additional software is required to produce the "eurokey".The European Commission explains the designs as follows: "...the Greek epsilon points back ...

  • The Lawyer Inquiry: Ekaterina Sorokina

    8-Apr-1998

    Ekaterina Sorokina was born in 1969 in Moscow, USSR. She currently works in London for Mayer Brown & Platt as an attorney.What was your first job?My first two jobs (simultaneously) were as a legal assistant/secretary at Steptoe & Johnson in Moscow and an assistant professor at Moscow State University Law School.What was your first ever ...

  • Trinidad and Tobago to be centre for Caribbean Court

    8-Apr-1998

    Trinidad and Tobago is to be the seat of the new Caribbean Court of Justice in a move that will restore the region's control over the lengthy appeals process in capital punishment cases.The new court will replace the Privy Council as the last court of appeal for death row cases in four of the Caribbean's Commonwealth countries - Trinidad and Tobago, Barbados, Guyana and Jamaica.Speaking at the Trinidad and Tobago High Commission in London, minister ...

  • Veale Wasbrough duo switches to rival firm

    8-Apr-1998

    Veale Wasbrough has been hit by the defection of two of its corporate partners to Bristol rivals Bevan Ashford.The departure of the highly rated Nigel Campbell and Stuart Whitfield is the second major blow for 22-partner Veale Wasbrough in the past six months.In March top employment lawyer Chris Southam left to join Hammond Suddards' London office.A departure date for Campbell and Whitfield has yet to be agreed but it is thought that the two ...

  • Vive la difference

    8-Apr-1998

    Philip Jenkinson says the differences between French and English commercial law can lead to some unfortunate - but predictable - misunderstandings. Philip Jenkinson is a qualified French avocat and the partner in charge of the London office of Triplet & Associes.English common law practices dealing with corporate matters often find that the provisions of French law are reassuringly recognisable while at the same time disconcertingly different.In good Napoleonic ...

  • War of the words

    8-Apr-1998

    French plans to regulate MDPs have a sparked a debate between lawyers and accountancy firms which could lead to all-out war, reports Richard Tyler.Wherever you encounter the debate, the subject of lawyers and accountants working together has always been prickly. But in France, famed for its red-blooded defence of traditional working relationships, the exchange of views is less of a debate and more akin to open warfare.The reason for this inconvenient distraction ...

  • Weil Gotshal duo move to Cadwaladers

    8-Apr-1998

    Dennis Block, Weil Gotshal & Manges' mergers and acquisitions rainmaker, who resigned over the cost of the firm's London office, and its international financial restructuring partner Bruce Zirinsky are joining the New York office of US rival Cadwalader Wickersham & Taft.

  • Wilde Sapte hit by Paris defections and NY disclosure

    8-Apr-1998

    Wilde Sapte has shut its New York office and lost at least half its Paris fee earners in a shattering blow to the firm's international ambitions.If the Paris office shuts it will leave the firm with only one European beachhead in Brussels and outposts in Hong Kong and Tokyo.Senior asset finance associate Matthieu de Varax is joining Simmons & Simmons' Paris office as a partner with a team of two other lawyers and support staff.And, as revealed ...