6 June 2005

The Lawyer

  • Deals round-up

    6-Jun-2005

    Olswang represents NBGI on Walker Hamill MBOOlswang has advised new client NBGI Private Equity on the sale of European executive recruitment group Walker Hamill to its management team, in a transaction valuing the business at around £10m. Private equity partner Duncan McDonald brought the relationship with him from previous firm Pinsent ...

  • 1 Pump Court raises funds for South African pre-school

    6-Jun-2005

    Barristers at 1 Pump Court have raised funds to help build a pre-school in South Africa's Eastern Cape. In March, two members of the chambers, Melanie Johnson and Adrienne Barnett, drove from East London to seven miles outside Mthatha in the district of Libode to pay a visit.

  • Amsterdam declaims Khodorkovsky 'show trial'

    6-Jun-2005

    Canadian human rights lawyer Robert Amsterdam, who is representing Russian oligarch Mikhail Khodorkovsky, has slammed the judicial process that saw his client sentenced to nine years imprisonment.

  • Andersen judgment sends warning to US prosecutors

    6-Jun-2005

    The US Supreme Court last week overturned Arthur Andersen's criminal conviction relating to its work for Enron and in doing so issued a warning to federal prosecutors not to be so aggressive.

  • Another Morgan Cole exit boosts SJ Berwin ADR

    7-Jun-2005

    SJ Berwin has hired rated mediator, Philip Howell-Richardson, from Morgan Cole to boost its alternative dispute resolution (ADR) practice.

  • Arsenal fan Boardman advises Spurs on Arnesen

    9-Jun-2005

    Arsenal fan and Slaughter and May corporate partner Nigel Boardman is advising the football club’s bitter rival, Tottenham Hotspur, on Chelsea’s allegedly illegal approach for Spurs sporting director Frank Arnesen.

  • Arsenal's Cole shrugs off conflict to pursue appeal

    6-Jun-2005

    Arsenal FC footballer Ashley Cole has cleared his lawyer, Graham Shear of Teacher Stern Selby, to appeal against his 'tapping-up' fine, despite Shear advising him to seek independent advice after the Premier League Commission's guilty verdict last week.

  • Ashurst takes Clydes corporate head

    6-Jun-2005

    Ashurst has voted in Clyde & Co’s former corporate head David Page as a partner in its financial institutions group.

  • B&M's London office opts for LLP status

    6-Jun-2005

    Baker & McKenzie (B&M) has confirmed that its London practice will become a new English limited-liability partnership (LLP), as first revealed by The Lawyer (8 November 2004). Baker & McKenzie (B&M) has confirmed that its London practice will become a new English limited-liability partnership (LLP), as first revealed by The Lawyer (8 November 2004). Gary Senior, managing partner of the firm's ...

  • Barclays panel: the full results

    10-Jun-2005

    Barclays has announced that it has completed a six-month review of its coveted legal panel.

  • Barristers' strike off as Govt backs down

    6-Jun-2005

    A proposed barristers' strike has been averted after the suspension of controversial pilot schemes for new criminal court procedures.

  • Bird & Bird wins airline tax battle

    6-Jun-2005

    Bird & Bird's Brussels office has secured a landmark victory in Belgium for more than 60 airlines challenging an unfair tax.

  • BLG launches financial services regulatory team

    6-Jun-2005

    Barlow Lyde & Gilbert (BLG) has brought together its contentious and non-contentious expertise to form a new financial services regulatory team.

  • BLG, Maclays hit by £3m negligence claim from BP

    6-Jun-2005

    Oil giant and twenty-six insurers, including clients Equitas, Allianz and Scor, turn the tables on BLG

  • Brabners in recruitment mode after sterling performance

    6-Jun-2005

    North West stalwart Brabners Chaffe Street is celebrating an 11 per cent hike in profit, with an exceptional performance in the firm's Liverpool office.

  • Cadbury Schweppes in-house team revamped

    6-Jun-2005

    Cadbury Schweppes will overhaul its legal department following the retirement of long-term chief legal officer and group secretary Mike Clark.

  • CC and Freshfields win Inmarsat IPO roles

    6-Jun-2005

    Clifford Chance and Freshfields Bruckhaus Deringer are celebrating after scooping the lead roles on the London Stock Exchange (LSE) flotation of satellite operator Inmarsat.

  • Contracting success

    6-Jun-2005

    Stephen Harvard Davis outlines what it takes to make new contracts result in successful employment.

  • CorporateDewey secures LBO of Wind for Weather

    6-Jun-2005

    Dewey Ballantine has advised on one of Europe's largest ever leveraged buyouts after last month's signing of the acquisition of Enel telecommunications group Wind by Weather Investments.

  • DLA Piper partner duo beat SFO fraud accusations as firm stands by its men

    6-Jun-2005

    The Serious Fraud Office's (SFO) case against two DLA Piper Rudnick Gray Cary partners collapsed last month after Nottingham Crown Court dismissed all charges against the pair.

  • Eversheds-Honda ties in tatters

    6-Jun-2005

    Eversheds managing partner David Gray has returned from his rescue mission to Honda empty handed. The firm will not be advising Honda in the near future.

  • FFW hit by negligence claim from clients L&G, Shell and Lloyds TSB

    6-Jun-2005

    Field Fisher Waterhouse (FFW) is being sued for breach of contract and negligence by Legal & General (L&G), Shell and Lloyds TSB over its advice on a £90m property investment fund.

  • Firm profile: Bin Avvocati Associati

    6-Jun-2005

    The corporate specialist quit A&O's Turin office with two senior associates, administrative law specialists Carlo Merani and Silvia D'Amaro, before the trio linked up with insurance law specialist Professor Bin of Turin University.

  • Former Pictons staff unite to form SA Law

    6-Jun-2005

    A new commercial law firm, SA Law, has been launched following a breakaway of regional firm Pictons’ former St Albans office.

  • Freshfields storms Barclays panel

    10-Jun-2005

    Freshfields Bruckhaus Deringer has landed a place on Barclays’ general advisory panel after the conclusion of the banking giant’s review of external legal advisers.

  • Goodman Derrick raids ASB family and private client teams

    8-Jun-2005

    London firm Goodman Derrick has swooped on ASB Law, hiring three partners to strengthen its family and private client teams.

  • Halliwells raids Lewis Silkin for property ace

    6-Jun-2005

    Lewis Silkin for property ace" /Halliwells has gained a property partner from Lewis Silkin in a rare loss for the City firm. Adam Perry, who is only the second partner to leave Lewis Silkin since late 2001, started work at Halliwells' London office last Wednesday (1 June). He was recruited ...

  • Hammonds delays profit distribution as PwC extends financial audit to July

    6-Jun-2005

    Hammonds is set to delay the distribution of profit to partners as its new auditors PricewaterhouseCoopers (PwC) carry out an extensive examination of the firm's finances. Due to the audit, the firm will not finalise its figures until July - over a month later than last year - which is likely to cause a delay to profit ...

  • Hammonds overhauls strategy

    9-Jun-2005

    Hammonds has launched a review of its business strategy as part of its ongoing shake-up of the firm.

  • Herbert Smith and Stibbe beat magic circle to win Tom Tom IPO

    6-Jun-2005

    Magic circle firms Allen & Overy (A&O) and Freshfields Bruckhaus Deringer lost out to Herbert Smith and its Dutch best friend Stibbe in a ...

  • Herbies and Slaughters land Britannic deal

    9-Jun-2005

    Three firms have landed advisory roles on the £2bn merger of listed insurer Britannic and its private rival Resolution Life.

  • Herbies targets further growth after record year

    6-Jun-2005

    Herbert Smith has announced record profits for the last financial year, with average profit per equity partner up to £800,000 - a rise of 14 per cent. The firm also recorded a turnover growth of 9 per cent to £265m. Senior partner David Gold (left) said the growth had come across the board but that the corporate department had performed particularly ...

  • Insurers claim firms have a 'licence to print money' after Appeal Court ruling

    6-Jun-2005

    Crackdown on insurers gets boost as Lord Justice Brooke rules solicitors do not have to employ two-stage success fees

  • Lagarde quits Bakers for French government role

    6-Jun-2005

    Baker & McKenzie’s (B&M) former chair and current policy committee chair, Christine Lagarde, is leaving the firm to become the French Minister for Foreign Trade.

  • Legal Education group slams Law Soc training proposals

    7-Jun-2005

    The Legal Education and Training Group (LEGT) has hit out at the Law Society’s plans to revamp legal training in its response to the controversial Training Framework Review.

  • Legal Widow

    6-Jun-2005

    I rang Liability's history teacher this week and shouted at him for five minutes after my daughter came home in tears.

  • Linklaters adds banking partner to NY practice

    6-Jun-2005

    Linklaters is continuing its New York hiring spree with the capture of banking partner Jeff Norton from O'Melveny & Myers.

  • Linklaters adds to Dutch banking nous

    6-Jun-2005

    The local law capability that Linklaters has been expanding in Amsterdam will continue with the arrival of Martijn Koopal, head of banking and finance at DLA SchutGrosheide.

  • Linklaters boosts PEP further to leave Freshfields floundering

    10-Jun-2005

    Linklaters’ financial performance has outstripped that of its magic circle competitor Freshfields Bruckhaus Deringer with the firm reporting even better financial results than previously expected.

  • Linklaters hires Madrid corporate star

    7-Jun-2005

    Linklaters is boosting its Iberian expertise with the hire of Spanish corporate partner Sebastián Albella.

  • Linklaters swoops for fifth Japanese partner in three months

    8-Jun-2005

    Linklaters has boosted its Japanese practice with the hire of a fifth partner in the firm’s Tokyo office in just three months.

  • Managing Careers - In brief

    6-Jun-2005

    - The Institute of Legal Executives' (Ilex) National Conference was held on 20-21 May 2005 at Stratford-upon-Avon. Sandra Barton, president of Ilex, said in a keynote speech entitiled 'Plan for Tomorrow' that there was a need to forward plan as a result of the Clementi review. The conference was attended by 300 Ilex members.

  • Managing Careers - People

    6-Jun-2005

    - Sussex law firm Rawlison Butler has hired a new partner for its commerce and technology team. Chris Holme joins the Gatwick office from Kent firm Brachers. Rawlisons has also promoted Abigail Owen and Chris Dodd to associates in the corporate team.

  • Mishcons to defend client reputations

    6-Jun-2005

    Mishcon de Reya last week launched a new media and public advocacy group for clients wanting to protect their reputations.

  • Mourant boosts Caymans team

    9-Jun-2005

    Mourant du Feu & Jeune is boosting its strength in the Cayman Islands with the hire of a new partner to head its funds team in the region.

  • Name dropping

    6-Jun-2005

    A big thanks goes out to (now take a deep breath) Wilmer Cutler Pickering Hale and Dorr for its summer party at the British Museum last Wednesday (1 June).

  • New BPP clinic offers free legal advice in Leeds

    6-Jun-2005

    BPP Law School’s Leeds branch has launched a free legal advice clinic, where students, supported by solicitors, offer advice to the community on housing, family and consumer issues law. Dan Kindell, student director at the BPP Legal Advice Clinic, said: “We’ll provide a service to people with legal problems but limited resources. People are entitled to have access to legal information that affects their lives.”

  • One lockstep too far

    6-Jun-2005

    Clifford Chance's arduous lockstep consultation looks like dragging on for a while yet, with dreams of having a partner vote by the summer fading fast. The remuneration review group, led by real estate head Cliff McAuley, is still ironing out proposals with senior management more than three months after the latest lockstep debate kicked off.

  • Opinion

    6-Jun-2005

    If you discover fraud, recovery measures are at your disposal - but stealth and speed are key

  • Pannones bulks up with clutch of new partners

    6-Jun-2005

    Pannone & Partners has hired Weightmans' former head of planning and environment John Holmes. Holmes left Weightmans in March along with two other members of the firm's Manchester corporate team following the firm's decision to restructure its corporate and commercial strategy. He joins Pannones along with a batch of other new hires and partner promotions. Additional new partners include Rob Fawke, ...

  • Paul Hastings lands HK private equity team

    8-Jun-2005

    Paul Hastings Janofsky & Walker has inherited a private equity team from Perkins Coie’s defunct Hong Kong office.

  • Real estateBLP pips Lovells to Ballymore deal

    6-Jun-2005

    Berwin Leighton Paisner (BLP) has won its first instruction from Irish luxury residential developer Ballymore Properties. It has been instructed to negotiate a management agreement with Radisson Edwardian Hotels for a new hotel in London's Docklands.

  • Recent recruit Thomas to lead Hunton London

    9-Jun-2005

    US law firm Hunton & Williams has appointed AIM specialist Martin Thomas as managing partner of the firm’s London office.

  • Reed Smith boosts IP with partner capture

    6-Jun-2005

    Reed Smith has hired Rajita Sharma as a partner to spearhead the growth of the UK IP group. Rajita joins from US firm Wildman Harrold, where she was head of the European IP team. Rajita's practice covers multijurisdictional contentious and non-contentious IP and IT law, with an equal emphasis on patents, trademarks and copyright. The firm now boasts 38 UK partners.

  • Richards Butler adds six to the partnership

    6-Jun-2005

    Richards Butler has announced the appointment of six new partners, five in the Hong Kong office and one in London. The new partners' specialist areas cover corporate, litigation and banking and finance. Richards Butler managing partner Roger Parker (right) declared: "This number of partner appointments is a clear indication of the firm's confidence ...

  • Ricksons revenues up 16 per cent as new hires kick in

    6-Jun-2005

    North-west England firm Ricksons Solicitors boosted turnover by 16 per cent from last year’s figure of £9.1m to £10.6m.

  • Russian roulette

    6-Jun-2005

    Back in April, when Coudert Brothers still had a London office, The Lawyer spoke to John Sheedy, the head of the firm's Moscow office. The firm had seen the departure of five lawyers to CMS Cameron McKenna's Russian operation and Tulkinghorn's scribe was keen to get the inside track.

  • Separated at birth

    6-Jun-2005

    The Royal Bank of Scotland got its man last week in the shape of the unwaveringly precise and calm Fifteen to One host William G Stewart.

  • Shearman appoints Weerasinghe as senior partner

    8-Jun-2005

    Capital markets rainmaker Rohan Weerasinghe has been confirmed as Shearman & Sterling’s new senior partner following a firm-wide vote.

  • Simmons bags iTouch deal

    6-Jun-2005

    Simmons & Simmons' London-based Japan business group advised on For-side.com's £179.6m bid for iTouch, the largest-ever public takeover bid by a Japanese corporate in the UK.

  • Slaughters bags Diageo role in Allied Domecq saga

    7-Jun-2005

    Slaughter and May has become the latest law firm to to benefit from Pernod Ricard’s £7.5bn bid for Allied Domecq.

  • Small comforts

    6-Jun-2005

    Tulkinghorn's Little League table of the market's biggest breeders caused a bit of a stir last week. Not least among those who found the fruits of their loins had been overstated.

  • Stephen Ramsay: International Power

    6-Jun-2005

    It has restructured its debt and hit the acquisition trail. Does International Power's legal team have the energy to cope with a company that has doubled in size? By Joanne O'Connor

  • Stomaching acid

    6-Jun-2005

    A night at the opera? A day at the races? Nope. When Slaughter and May's corporate department does corporate entertainment, it likes to get down and dirty with the sweating hordes.

  • Summit to push global recognition of qualifications

    6-Jun-2005

    Negotiations on promoting the mutual recognition of qualification agreements, which could include the legal profession, should be launched following an EU-US summit in Washington DC later this month, the European Commission has advised.

  • Survey shows barristers' ire with Govt plan

    6-Jun-2005

    The largest survey of the criminal bar to date has revealed huge dissatisfaction over remuneration and the future of the profession.

  • The amazing Bland brand

    6-Jun-2005

    Good to see that the shy and retiring former Herbert Smith and Wragges property leader Gerald Bland has not disappeared entirely since his departure from the Birmingham giant last year.

  • The Lawyer Awards Charities

    6-Jun-2005

    Flick forward through this week's issue to page 18. Sharp-eyed readers may spot a plug for the biggest night of the legal calendar. Yes, soon it will be time for The Lawyer Awards. The event has already broken new ground this year with its stellar judging panel. The luminaries that shared their market knowledge with our editorial team have helped ensure that this year's prizes reflect the cream of the profession more ...

  • The work-life quiz

    6-Jun-2005

    Dorothy Henderson, Head of Employment, Travers Smith

  • Third-party investment in law firms looms as CB Equity Partners launches new fund

    6-Jun-2005

    The first third-party equity-style investment in a UK law firm could be only months away, according to private equity specialist Geza Toth-Feher, a partner at private equity advisory boutique CB Equity Partners.

  • Three more universities sign up to LNAT

    8-Jun-2005

    Three more universities are set to use the new National Admissions Test for Law (LNAT) as the test becomes mandatory for potential undergraduate law students at 11 UK institutions.

  • UK counsels' salaries fall short of Euro rates

    6-Jun-2005

    UK general counsel salaries are slipping behind their counterparts' in Ger-many and the Netherlands. The average salaries of UK general counsel with departments of more than 31 lawyers has sunk by 6 per cent, from €248,000 (£167,500) in 2004 to €233,000 (£157,400) this year, according to a survey conducted by recruitment consultancy Laurence Simons.

  • White & Case advises Glaxo as ECJ rejects Greek referral

    6-Jun-2005

    White & Case Brussels-based partner Ian Forrester QC is advising pharmaceutical giant GlaxoSmithKline in a case which featured a unique decision by the European Court of Justice (ECJ) last week.

  • White & Case, Slaughters await ruling on arbitrators

    6-Jun-2005

    White & Case and Slaughter and May are anxiously awaiting the result of a crucial House of Lords judgment that could redefine the powers of arbitrators.

  • Wilmer Cutler's UK revenues jump by a third as tech, arbitration come good

    6-Jun-2005

    UK Revenues during Wilmer Cutler Pickering Hale and Dorr's first year as a merged firm rocketed by 33.3 per cent to $38m (£20.9) during 2004.