6 June 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 ...
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.
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.
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.
SJ Berwin has hired rated mediator, Philip Howell-Richardson, from Morgan Cole to boost its alternative dispute resolution (ADR) practice.
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 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 has voted in Clyde & Co’s former corporate head David Page as a partner in its financial institutions group.
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 has announced that it has completed a six-month review of its coveted legal panel.
A proposed barristers' strike has been averted after the suspension of controversial pilot schemes for new criminal court procedures.
Bird & Bird's Brussels office has secured a landmark victory in Belgium for more than 60 airlines challenging an unfair tax.
Barlow Lyde & Gilbert (BLG) has brought together its contentious and non-contentious expertise to form a new financial services regulatory team.
Oil giant and twenty-six insurers, including clients Equitas, Allianz and Scor, turn the tables on BLG
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 will overhaul its legal department following the retirement of long-term chief legal officer and group secretary Mike Clark.
Clifford Chance and Freshfields Bruckhaus Deringer are celebrating after scooping the lead roles on the London Stock Exchange (LSE) flotation of satellite operator Inmarsat.
Stephen Harvard Davis outlines what it takes to make new contracts result in successful employment.
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.
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 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.
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.
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.
A new commercial law firm, SA Law, has been launched following a breakaway of regional firm Pictons’ former St Albans office.
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.
London firm Goodman Derrick has swooped on ASB Law, hiring three partners to strengthen its family and private client teams.
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 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 has launched a review of its business strategy as part of its ongoing shake-up of the firm.
Magic circle firms Allen & Overy (A&O) and Freshfields Bruckhaus Deringer lost out to Herbert Smith and its Dutch best friend Stibbe in a ...
Three firms have landed advisory roles on the £2bn merger of listed insurer Britannic and its private rival Resolution Life.
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 ...
Crackdown on insurers gets boost as Lord Justice Brooke rules solicitors do not have to employ two-stage success fees
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.
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.
I rang Liability's history teacher this week and shouted at him for five minutes after my daughter came home in tears.
Linklaters is continuing its New York hiring spree with the capture of banking partner Jeff Norton from O'Melveny & Myers.
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’ 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 is boosting its Iberian expertise with the hire of Spanish corporate partner Sebastián Albella.
Linklaters has boosted its Japanese practice with the hire of a fifth partner in the firm’s Tokyo office in just three months.
- 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.
- 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.
Mishcon de Reya last week launched a new media and public advocacy group for clients wanting to protect their reputations.
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.
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).
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."
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.
If you discover fraud, recovery measures are at your disposal - but stealth and speed are key
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 Janofsky & Walker has inherited a private equity team from Perkins Coie’s defunct Hong Kong office.
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.
US law firm Hunton & Williams has appointed AIM specialist Martin Thomas as managing partner of the firm’s London office.
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 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 ...
North-west England firm Ricksons Solicitors boosted turnover by 16 per cent from last year’s figure of £9.1m to £10.6m.
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.
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.
Capital markets rainmaker Rohan Weerasinghe has been confirmed as Shearman & Sterling’s new senior partner following a firm-wide vote.
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.
Slaughter and May has become the latest law firm to to benefit from Pernod Ricard’s £7.5bn bid for Allied Domecq.
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.
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
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.
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.
The largest survey of the criminal bar to date has revealed huge dissatisfaction over remuneration and the future of the profession.
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.
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 ...
Dorothy Henderson, Head of Employment, Travers Smith
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 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 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 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 and Slaughter and May are anxiously awaiting the result of a crucial House of Lords judgment that could redefine the powers of arbitrators.
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.