7 January 2008
This is class. The Temple is celebrating 400 years of independence not with a couple of washed-out garden parties but with a big fat festival of music, theatre and debate.
Allen & Overy (A&O) has defended its employment policies after a former associate from the New York office sued the firm for race discrimination.
Allen & Overy (A&O) has convinced Norton Rose corporate finance partner Chris Moore to rejoin its ranks.
Allen & Overy partner Stefano Sennhauser has raided his former firm Freshfields Bruckhaus Deringer for a team of six banking associates in a move that heralds a renewed focus on Italy by A&O.
Allen & Overy has raided Shearman & Sterling for its global co-head of M&A for its Düsseldorf office in the latest high-profile move in the German market.
Allen & Overy (A&O) has made millions of pounds in fees out of bankrupt furniture retailer Courts, which still has a pension deficit of over £14m.
The protracted £50.2bn takeover of ABN Amro by a Royal Bank of Scotland-led consortium was big enough to propel Allen & Overy (A&O) up Bloomberg's global and European M&A advisory tables for 2007.
Stagecoach has expanded into the US and won some big rail franchising contracts. But it still has only one in-house lawyer, Andrew Levy.
Offshore giant firm Appleby has raided rival Ogier to hire Jeremy Leese into its corporate and commercial practice group.
Ashurst has injected new blood into its management committee, with litigation partner Ben Tidswell and corporate partner Reinhard Eyring taking up places on the eight-person board.
Linklaters has called in Clyde & Co to defend it from former clients demanding damages of £2.7m plus interest for negligence.
Civil liberties specialist Bindman & Partners has successfully defended a civil servant accused of breaching the Official Secrets Act after leaking secret documents to the media.
Barlow Lyde & Gilbert has ramped up its competition team with the hire of Office of Fair Trading (OFT) lawyer Sheila Tormey.
Barlow Lyde & Gilbert (BLG) has boosted its international arbitration capabilities with the hire of a former senior arbitration partner from Watson Farley & Williams.
Berwin Leighton Paisner (BLP) wrapped up three AIM deals before the 2007 year-end, including its first listing of an Indian company and the flotation of the first Asia-based gaming company to seek a London listing.
BP has hired GlaxoSmith-Kline's (GSK) rated general counsel Rupert Bondy as it prepares for the imminent retirement of current legal chief Peter Bevan.
US firm Brown Rudnick has snared Addleshaw Goddard's former head of corporate restructuring and insolvency group to join its London office.
Here, there, and everywhere10-Jan-2008
Cadwalader, Wickersham & Taft has made 35 lawyers across its US offices redundant. The news broke today (10 January) in a statement from the firm which blamed "unexpected and persistent volatility" in sectors of the financial markets that have affected the capital markets, Cadwalader's clients and certain practice groups within the firm. The release continued: "Cadwalader, Wickersham & Taft is responding to these market developments with a number of initiatives: Targeted personnel ...
Magic circle rivals Clifford Chance and Linklaters dominated the latest acquisition by US private equity powerhouse Kohlberg Kravis Roberts (KKR).
The Civil Justice Council (CJC) is moving a step closer to regulating third-party litigation funding.
More than 400 claimants have settled a mis-selling claim against Equitable Life because of the financial complexities of the case.
Clifford Chance hires EC heavyweight for regulatory push" /Clifford Chance clients will be able to tap into expert advice on a range of European policies following the hire of the former director general of the European Commission's legal service.
Clifford Chance revamps partnership council" /Clifford Chance has elected four new members to its partnership council with each set to serve a two-year term.
Cravath Swaine & Moore senior litigation partner John Beerbower has moved to the firm's London office to spearhead the dispute revolution practice in the capital.
The ongoing crisis in global credit markets is having a profound impact on various sectors of the real estate market.
Cuatrecasas has appointed a new lead partner for its Latin American practice as it looks to strengthen its presence in the region with a new office in Mexico.
Davies Arnold Cooper (DAC) has decided to drop the KSB Law brand following the completion of its takeover.
Dewey & LeBoeuf has raided the Dubai office of Akin Gump Strauss Hauer & Feld for its first launch since last October's merger between Dewey Ballantine and LeBoeuf Lamb Greene & MacRae.
DLA Piper promotes 12 in London" /The London office of DLA Piper has scored the bulk of this year's partnership promotions with a total of 12 partners being made up in the City. Last year the firm promoted 10 in London.
DLA Piper has boosted its Paris arm with the hire of a three-partner team from Proskauer Rose, taking seven lawyers in total.
Domino's Pizza has ended a five month search for a new general counsel, bringing in car retailer AutoNation deputy legal chief Ken Rollin.
Dundas & Wilson has beefed up its employment practice with the addition of Clifford Chance partner Robert Davies to its London office.
A raft of firms has landed roles on a road development project in Northern Ireland that has seen Denton Wilde Sapte (DWS) win its second mandate acting for the Northern Irish Department of Regional Development.
As Clifford Chance shakes up its London practice groups, what effect will it have on internal culture and recruitment?
Eversheds is the latest firm to land a role on the Northern Rock saga, advising JP Morgan in the purchase of £2.2bn-worth of mortgages from the stricken lender.
Eversheds has formed an association with Swiss law firm Schmid Rechtsanwaelte, adding a new jurisdiction to its international network.
The London office of Texas-based Fulbright & Jaworski has hired the former general counsel of gas giant BG Group, Stefan Ricketts.
Most users of social networking websites such as Facebook have no idea how their personal data can be used. It's time to educate them on the risks, says Kevin Calder
The UK's family lawyers are enjoying D Day (Divorce Day) today, as more divorces are expected to be filed today than on any other day of the year.
Field Fisher Waterhouse (FFW) has embraced the world of children's television, advising international broadcaster and TV distributor Chello Zone on a 10-year joint venture with HIT Entertainment, the home of popular children's programmes such as Bob the Builder, Thomas and Friends, Angelina Ballerina, Pingu, Barney and Fireman Sam.
"Firms need to get bigger, they need to be prepared to do big things," proclaims Kester Cunningham John managing partner Simon Smith.
A raft of advisers has secured one of the biggest take-privates since the credit crisis jammed the market last summer.
Freshfields Bruckhaus Deringer will parachute its former London head of finance to the Middle East as part of a renewed focus on the region.
France's largest independent firm Gide Loyrette Nouel has made up four partners in its international network with new partners in Algiers, Beijing, Belgrade and Kiev in addition to six partners in Paris.
Media boutique Harbottle & Lewis settled its case against Hollywood producer Israel Baron after two days in the High Court just before Christmas.
Offshore firm Harneys has made up a record four lawyers to partner-level in the latest round of promotions, boosting its partnership to 14.
Dow Jones has snared HarperCollins associate general counsel Mark Jackson to take up the role of executive vice-president and general counsel.
Partnership. The perennial carrot for many hardworking associates, but how to achieve it? Billing 3,000 hours a year? Improving your handicap and thereby your networking skills, perhaps? A few beers with your group head? Tulkinghorn can reveal an easier way: move to Sevenoaks.
Howrey has boosted its London IP group with two new partners, taking Marjan Noor from Taylor Wessing and Paul Inman from Simmons & Simmons.
While the partnership as a business vehicle may not yet be dead, it could be nearing extinction.
As the Indian legal market looks set to open up to foreign firms, LG's review of its Indian firm network is fast approaching completion.
2007 was a landmark year for IP, with enough major rulings to keep textbook writers occupied for some time. But 2008 looks set to be just as fascinating for IP professionals.
Manchester sports boutique IPS Law has launched a music and entertainment practice with a lawyer from Laytons Solicitors.
QUESTION: I'm a six year-PQE corporate associate at a top 10 firm and I'm desperate for some proper time off.
The landmark representative action brought by consumer group Which? against sports retailer JJB Sports has been settled.
K&L Gates has continued its current expansionist momentum into the New Year with the launch of a new office in Paris today (9 January).
Kaye Scholer has made up its first partner in London since opening in the City in 2002.
Kendall Freeman has successfully completed its merger with US firm Edwards Angell Palmer & Dodge (EAPD).
Free taxis home for late-working lawyers could be under threat from new guidance published by HMRC.
Four lawyers were rewarded with OBEs in the 2008 New Year's Honours List for achievements in fields ranging from law firm management, pro bono, diplomacy in Baghdad and animal welfare.
It's true. The legal profession is lightening up.
Lovells has beefed up its global intellectual property media and technology practice with the addition of a new partner in Warsaw from Linklaters.
Two more German Linklaters partners and a managing associate joined breakaway Cologne firm Oppenhoff & Partner for its launch on 1 January.
Linklaters' German management structure overhaul is nearing completion with the managing partner position disappearing as Markus Hartung steps down.
Littleton Chambers has raided employment set Cloisters for the second time in eight months for two more barristers.
White & Case has made a record number of London associates up to partner in its latest round of promotions.
San Francisco-headquartered Morrison & Foerster is the latest US firm to announce its partnership promotions, making up 24 to the partnership.
Lovells capital markets practice head David Hudd has been re-elected to the firm's international executive for a further three-year term.
Lovells and Macfarlanes have played key roles on a private equity secondary exit, with the former acting for vendor Piper Private Equity while the latter advised buyer Darwin Private Equity.
Ukranian firm Magister & Partners has launched an office in the Georgian capital of Tbilisi, marking the next move in the firm's international expansion.
From the shape of a sausage to Tarzan's yell, the courts are inundated with unusual trademark applications. Mary Bagnall and Susie Curtis clarify what, exactly, a trademark is
Mayer Brown looks to JSM merger to aid global ambitions" / Mayer Brown's merger with Hong Kong firm Johnson Stokes & Master (JSM) has been designed to transform the transatlantic firm into a credible global player with presences in Hong Kong, mainland China, Vietnam and Thailand. For JSM the attractiveness ...
Mills & Reeve has snared DLA Piper's Birmingham-based real estate partner Alex Jones to head its real estate offering in Birmingham.
East Anglian firm Mills & Reeve has increased its fee income at the half-year stage to £28.8m, up by 10.3 per cent on last year's performance.
Mishcon de Reya was all over the papers just before Christmas. In case you missed it, the firm is said to be looking to sue former client Heather Mills McCartney over her unpaid legal bills.
According to managing partner Nicole Paradise, the exercise, which has been around in larger magic circle firms for some time, is not about "identifying a small elite group, but about achieving certain benchmarks".
New Bar Council chair Timothy Dutton QC raised concerns about the quality standards of law firms' in-house advocacy units as he set out his vision for his 12 months in office.
Lynda Jayne Ashworth has been appointed as a district judge. Ashworth, who was admitted as a solicitor in 1985, was appointed as a deputy district judge in 2002. She has been assigned to the South Eastern Circuit, based at Southend County Court, with effect from Monday 14 January 2008.
United Utilities has lured Gallaher Group general counsel Tom Keevil to take up the role of general counsel and company secretary, with a mandate to reshape the in-house team.
All sorts of factors are converging to make 2008 a particularly fascinating year.
Tulkinghorn was perusing The Lawyer's job advertisements last week when he came across a job entitled 'Private Client Partner - New Money (Sports & Media)'.Presumably this means that the said partner could take instructions from Peter Andre and Katie Price, but not, say, the old-monied Duke and Duchess of Wessex?A sign of the times, mused Tulkinghorn.
Linklaters’ highly regarded corporate partner Dominic Welham has died aged 44 after a battle with cancer.
Lord Justice Pumfrey has died of a stroke, aged 56. Pumfrey, who became a High Court judge at the age of 46, made a significant contribution to the IP sector over the years.
Addleshaw Goddard has snared a rising leveraged finance star from O'Melveny & Myers to strengthen its London finance team.
• Norton Rose has recruited Ramu Ramaswamy as a senior associate for its London energy projects group from Freshfields Bruckhaus Deringer.
Where's the best place to go if you want to find out what's really going on in the office?The pub below our office, especially if someone's leaving.
Pillsbury Winthrop Shaw Pittman has posted a double-digit rise in average profit per equity partner (PEP) along with sluggish revenue growth for the second year running. PEP was up 12.6 per cent to $985,000 (£500,000). The increase follows the 14 per cent rise in 2006 from $765,000 (£388,000) to $875,000 (£441,000).
Pillsbury Winthrop Shaw Pittman is one of the first US firms to announce its financial results.
An increasing number of law firms are opening, or considering to open, offices in 'Second Life', the virtual three-dimensional world.
A trio of partners from Prince Evans Solicitors is battling to save the firm in the High Court after its senior partner attempted to dissolve the housing boutique.
Quadrant Chambers director Gordon Armstrong is set to retire in January. Armstrong, who has served as senior clerk and chambers director at the set since 1984, took the decision to take early retirement after suffering from ill-health over the last few months. During Armstrong's time in office the set has expanded from niche admiralty law set 2 Essex Court, which became 4 Essex Court and then Quadrant, a set of 44 barristers practising a broad range of commercial law.
Trash-talking is not just confined to rap, it seems. Following hot on the heels of Berwin Leighton Paisner's performance of Joseph, which contained jibes to other firms, Allen & Overy (A&O) is the latest to dish out insults to rivals using the medium of song - Gilbert & Sullivan's Pirates of Penzance, ...
An overwhelming majority of real estate bosses say that current debt market conditions are having an impact on their businesses, according to a poll that has just been released by DLA Piper.
Reed Smith smashes revenue target in double-merger year" /US firm Reed Smith has broken the $1m average profit per equity (PEP) partner barrier and smashed its revenue target with a solid set of year-end financial results at the end of a year, which has witnessed two large mergers.
Austrian firm Schönherr Rechtsanwälte has launched an office in Hungary, snatching a rival Vienna firm's associated office in Budapest.
Dewey & LeBoeuf chairman 'Big' Steve Davis has recently taken to batting on both sides of the Atlantic after assuming control of the US firm's strategically important London office. It is understood the move was inspired by doppelgänger Sir Ian 'Beefy' Botham's flight across the Atlantic during the mid-'80s to have a bash at baseball. It's hoped that 'Big' Steve's transatlantic mission is a little more successful. 'Beefy' wasn't very good at baseball.
Shepherd and Wedderburn has handled a major power purchase agreement (PPA) for Scottish-Power, winning the instruction on the back of senior associate Graeme Moffett's secondment to the company.
Question: I am currently on a six-month secondment to a bank and hating every minute of it even though I know it's good for my career. How do I make the most of a bad situation? My supervisor has made it clear that he doesn't care how I feel, and my partner at my firm is on sabbatical.
It seems Slaughter and May is no longer the biggest kid in the playground, if Bloomberg's latest M&A legal advisory league tables are anything to go by.
The profession will escape a full ban on referral fees but tighter measures will be introduced to cut down abuse of the system.
Pinsent Masons is the most gay-friendly law firm in the UK, a survey by gay rights group Stonewall has found.
The meter's running on tax-free taxis.11-Jan-2008Soon hordes of lawyers will roam the City's streets after dark and clog up the Underground (that's a big tunnel with a train in), trying to find their way home. The time-honoured perk of a free taxi home is under attack from those pesky Revenue bureaucrats.
Third-party litigation funding has jumped into the mainstream of financial investments with the first admission to AIM of a specialist litigation fund.
As the UK economy continues to teeter on the verge of an almost certain slowdown, the main preoccupation on law firms’ minds is how to mitigate such an eventuality.
KPMG recently published a report on litigators’ views on e-disclosure. It tells us that lawyers are concerned about the cost of handling e-disclosure exercises and that they feel the changes to Civil Procedure Rules (CPR) Part 31 have not had much of an impact. In fact, in some cases they have merely added to the confusion.
Law firms at all levels of the market are bracing themselves for an uncertain year, with management looking at geographic diversification as a means of mitigating tumultuous market conditions.
Wales' Magistrates' Courts are set to encourage parties to use the Welsh language in legal proceedings.
Wiggin's sport and media team has scored a hat trick of deals, picking up mandates from ITV, Virgin Media and Manchester United FC.
Winston & Strawn has made a dramatic entry into the second-largest banking centre in the US, Charlotte, with a raid on rival Kennedy Covington Lobdell & Hickman for at least six partners.
The US is facing stiff resistance over its patent reforms.