9 June 2008
#Manchester firm Pannone has hired two new partners in its personal injury department. Kate Wild leaves Simpson Millar's Manchester office, where she was head of the conditional fee department, while Craig Oliver joins from
Each week we watch as Sir Alan Sugar yells 'YOU'RE FIRED!' at one of The Apprentice wannabes.
Orange's vice-president for legal and regulatory Amanda Doyle is reviewing her panel. Kit Chellel finds out who the favourites are.
Gone are the days when partners would end their career by quietly expiring at their desk in the same firm in which they trained. Tulkinghorn observes that these days partners are likely to try sitting at a variety of desks in different firms before settling.
Allen & Overy (A&O) and Linklaters have won mandates on the A$13.6bn (£6.6bn) takeover battle for Australian-listed gas company Origin Energy.
Blackstone Chambers has undertaken a shake-up of its management structure as the set completes its building expansion.
Berwin Leighton Paisner (BLP) is the latest mid market firm to raise its newly qualified solicitor (NQ) salary band to close to magic circle rates.
Staff at Addleshaw Goddard's Leeds office have had a spicy few weeks after spending a month learning how to dance Bollywood-style.
Cadwalader Wickersham & Taft has appointed Deryck Palmer as co-chairman of the firm's financial restructuring department.
CMS Cameron McKenna has boosted its insurance offering by poaching the group legal adviser of insurance broker Jardine Lloyd Thompson Group.
Alongside the undoubted benefits the Beijing Olympics will bring to the population of China's capital city, there are downsides for those who find themselves in the way of the huge Olympic project.
Cleary Gottlieb Steen & Hamilton will be retaining all of the trainee solicitors who are due to qualify with the firm this September.
The beleaguered International Chamber of Commerce (ICC) International Court of Arbitration in Paris has appointed replacement chairmen, following the current chairman’s recent shock resignation.
Clyde & Co has posted above average pay rises for its trainees and newly qualified (NQ) solicitors in a bid to keep pace with the magic circle.
LINKLATERS has been trying to make sure that its introduction of a global management level of counsel last year was not simply a way of fobbing off associates who did not make the grade to join the partnership.
Tunbridge Wells firm Cripps Harries Hall has posted a muted financial performance for 2007-8 although growth picked up in the second half of the year.
US AND magic circle partners are continuing to debate the issue of debt buybacks as the Loan Market Association (LMA) prepares to amend its documentation.
The Centre for Effective Dispute Resolution (CEDR) has expanded its direct access panel to 50 mediators, with 16 new members.
DLA PIPER is looking to fill the final gap in its global coverage with the hire of a McDermott Will & Emery partner to spearhead the firm's push into the Latin American market.
#Doughty Street Chambers has ramped up its immigration and public law offering with the hire of senior juniors from Matrix and Tooks chambers. The set snapped up Matrix barrister Charlotte Kilroy, who was called in 1999, shortly after 16-year call Tooks immigration and public law specialist Judith Farbey joined. Doughty Street joint chambers head Keir Starmer QC said: "This further strengthens our already impressive public law and immigration teams and really does show that Doughty ...
Employment sets Blackstone Chambers, Garden Court and 11KBW are set to go into battle after a severely disabled woman was given the right to seek a judicial review relating to the decision to close thousands of post offices.
Eversheds is the subject of a complaint to the Office of Fair Trading (OFT) for abuse of its market position in the education sector.
The former head of Milberg Weiss Bershad & Shulman (now known as Milberg), Melvyn Weiss, was sentenced to 30 months in prison last week (2 June) for his role in a kickbacks scheme relating to securities class action cases.
Linklaters former managing partner Tony Angel has taken on the role of executive managing director of financial market intelligence provider Standard & Poor's (S&P), it was announced today (10 June).
For magic circle firm Freshfields Bruckhaus Deringer, any fears of slumping profitability are well and truly in the past - for the time being anyway. The firm may have hit a rocky patch between 2003 and 2005, but in the ...
Freshfields Bruckhaus Deringer is to launch an office in Abu Dhabi under Charles July, who relocated to the Middle East last week (The Lawyer, 2 June).
For magic circle firm Freshfields Bruckhaus Deringer, any fears of slumping profitability are well and truly in the past - for the time being anyway. The firm may have hit a rocky patch between 2003 and 2005, but in the three years since it has recorded a massive 106 per cent rise in average profit per equity partner (PEP).
Gibson Dunn & Crutcher has hired Goodwin Proctor IP litigation partner Benjamin Hershkowitz for its New York office.
The next time you run an internet search on Google and click on one or two of the top results, you might find yourself participating in a covert trademark theft that spans the globe - all in the space of around 0.08 seconds, depending on your connection speed.
I read with interest Kevin Wheeler's opinion article (The Lawyer, 2 June) on Eversheds' The Law Firm of the 21st Century report, which was conducted by me and my team at RSG Consulting on behalf of Eversheds. It is a far-ranging study of FTSE250 and investment ...
Hammonds has applied for summary judgment against seven former partners who are battling the firm over a £3m profit dispute.
Hammonds has won a hat trick of contract deals for football clubs, including advising Manchester City on the sacking of manager Sven-Goran Eriksson.
Thousands of Beijing residents have been forced to move in the run-up to the Olympic Games without being adequately compensated. Dr Robert Weatherley looks at another potential breach of human rights by the Chinese authorities
Italian independent firm Negri-Clementi Toffoletto Montironi & Soci (NCTM) is set to launch an office in London.
The Junior Lawyers Division of the Law Society (JLD) has launched elections for a new executive committee.
The New York office of Katten Muchin & Rosenman has hired the former managing partner of the New York office of US firm McCarter & English.
DLA Piper has boosted its Dutch litigation and regulatory practice with a brace of hires from local law firm Kennedy Van der Laan Advocaten.
The Law Society has repeated its call for the rule of law to be upheld in Pakistan to protect the country’s lawyers and judges.
The Law Society has criticised Government plans to increase the period of time for which a person can be held before they are charged.
#Legal services complaints commissioner Zahida Manzoor has slammed the Law Society's complaints arm for not providing value for money, after fining the body £275,000. Manzoor said the society, through the Legal Complaints Service and nominally the Solicitors Regulation Authority, had racked up costs of £36m. She added: "When the Office of ...
City lawyers are split over the extension of the pre-charge detention period to 42 days which was narrowly passed in the House of Commons on Wednesday.
Lewis Silkin managing partner Ian Jeffery would like to point out that the firm has enjoyed three years of double-digit growth.
Linklaters has reshuffled its Warsaw management team, appointing a new managing partner for the office after the retirement of long-standing Poland chief Tadeusz Komosa.
#Field Fisher Waterhouse has boosted its technology practice by hiring Katrina Dick as a partner from Lovells. Dick specialises in communications law and regulation, new media, and information technology law. At Lovells she was of counsel. FFW's technology group now comprises 12 partners and 22 lawyers. The appointment is the firm's fifth lateral hire since April and the second in ...
Northwest firm Mace & Jones is launching a short story competition on the theme of ‘justice’.
Peter Mandelson called for strong leadership in trade matters from the next US president.
Maples Teesdale has origins dating back some 200 years. Former prime minister Benjamin Disraeli did his articles with the outfit in 1821, while in 1865 it opened an office in Paddington devoted entirely to the Great Western Railway.
Birmingham-based Martineau Johnson has grown average profit per equity partner by 48 per cent to £260,000.
#Yorkshire's HLW Commercial Lawyers has moved into Leeds by merging with commercial practice McCombie & Co. The new firm will be called HLW McCombie, offering business law advice to small companies, banks and entrepreneurs. Its 20-strong team, which includes four partners, will initially operate out of the two existing offices in Leeds before uniting under one roof. The operation will be led by partners Ian McCombie and David Guest. HLW will continue to trade in Sheffield under ...
The leading law firms involved in handling the British Coal compensation claims pulled in £174.3m in the last year, despite the Solicitors Regulation Authority (SRA) continuing its investigations into several firms for misconduct.
Nabarro has posted a 6 per cent rise in average profit per equity partner (PEP), hitting £600,000.
NABARRO has hired an Allen & Overy (A&O) partner to expand its employment team's non-contentious offering.
The launch of the new Nottingham Law at Kaplan Law School has fallen well below expectations, with student numbers lagging 50 per cent behind first-year targets.
Olswang has backtracked on its decision not to raise its newly qualified (NQ) salary band, having announced last month that NQ pay would be frozen at last year's levels
Olswang has represented Microsoft on an agreement with Channel 4 to allow users of Windows Live Messenger to watch shows such as Skins and Peep Show online.
One Essex Court is gearing up for an administrative shake-up as the set's renowned senior clerk Paul Shrubsall is standing down.
HUGH James, Nelsons and Pannone have signed up to a post-Legal Services Act internet trading scheme called MyLawyer.co.uk that could challenge the position of the high street solicitor.
Outer Temple Chambers has posted a record turnover of £15.8m for 2007-08, with the financial services practice seeing its revenue jump by 150 per cent.
Thousands of lawyers are protesting across Pakistan to demand the reinstatement of senior judges sacked last year.
It is that time again in the economic cycle when things look a great deal more turbulent and the legal market starts to feel the pinch, leading firms to scrutinise their business practices with a view to tightening up processes - with 'streamlining' and 'profitability' the buzzwords of the day.
Pinsent Masons hung out at the New York geek-fast of the year with Lou Reed, Stephen Merchant (of the Office) and Talking Heads' David Byrne.
De-equitisation as a means to achieving greater profit per equity partner may be a common tactic in today's legal market - but firms must not underestimate the potential hidden costs, warns Colin Ives.
An Eversheds plan to launch an alliance forcing recruiters to tackle diversity has ignited a row as recruiters argue that the blame for the lack of diversity in the law lies with law firms.
The dangers of working overseas are all too apparent to Tulkinghorn, who rarely strays far from the cobbled streets of the City.
Reynolds Porter Chamberlain (RPC) media litigation head Liz Hartley is to leave the firm in September for an in-house role at Associated News-papers, publisher of the Daily Mail and London's Evening Standard.
Salans has launched a new office in Frankfurt with a team of Aderhold Gassner partners Matthias Haas and Holger Scheer and four associates.
Salans has launched a UK competition practice with the hire of antitrust partner Ian Rose from the London office of McDermott Will & Emery.
Detailed proposals for the introduction of alternative business structures (ABS) in the Scottish legal market will be drawn up following debate in Holyrood today (11 June).
All great teams need a guy with brains to lead the operation. And it seems professional paranormal investigation and elimination agency Ghostbusters and US law firm Katten Muchin Rosenman have both picked the same crazy scientist to come up with the big ideas. By the look of things, Egon (played by actor Harold Ramis in the 1984 comedy smash) has been popping down the road from the Ghostbusters' Manhattan HQ to moonlight at Katten's Madison Avenue offices, where he is better ...
After a terrific set of results for 2007-08, Herbert Smith is riding high, but will feelings of marginalisation among non-equity partners eat away at the firm's success.
Shearman & Sterling and Greenberg Traurig scooped lead roles advising on a Brazilian $2.5bn equity offering.
#Simmons & Simmons has strengthened its Paris practice with the hire of corporate partner Sonia de Kondserovsky from US firm Jones Day. Kondserovsky previously headed Jones Day's French arbitration commission before transferring to the firm's corporate team as of counsel. She has a wide range of M&A experience, particularly in the energy and life sciences sectors. Simmons international head of ...
Lovells has inherited Simmons & Simmons' Tokyo office as Simmons scales back its international ambitions.
Simpson Thacher & Bartlett has ramped up its executive compensation capabilities, snaring a partner from Akin Gump Strauss Hauer & Feld.
Simpson Thacher & Bartlett is set to become the latest major US law firm to enter the Brazilian legal market when it opens its first office in Latin America later this year.
To Tulkinghorn's delicate ears the native language of the United States of America has little to do with English proper. He notes that our Yankee cousins are much more upfront about expressing themselves and do not mind what people think.
Stephenson Harwood has posted a double-digit jump in profit and revenue, global turnover rising 19 per cent to £85.3m.
It’s not easy to make £1m. You could work for Sir Alan Sugar for 10 years, living at your parents’ house and not spending a single pound. Or you could reach the top of the equity ladder at Stephenson Harwood.
Never mind Britain's Got Talent - how can law firms ensure they get talent and attract the right blend of partners? Bill Cohen and Jon Clark give their views
The managing partner of Thacher Proffitt & Wood yesterday (Wednesday 11 June) vowed his firm would make no further layoffs as a result of the credit crisis.
Each week as we count down to The Lawyer Awards 2008, we will take a look at some previous winners and see how their careers have progressed.Management Team of the YearIn 2003 Clifford Chance began to come out from under the ...
There's an attempt at lofty unconcern at Simmons & Simmons, but Lovells' raid on its Tokyo office has made it look slightly more fragile abroad than it would like.
There are many ways to celebrate a good result in a bitter IP dispute. But according to IP boutique Powell Gilbert co-founder Tim Powell, donning a Borat-style mankini and running off to a beachside party in Israel is the only true way to mark the occasion in style.
A trio of US firms has scooped lead roles advising Verizon Wireless on its $28.1bn (£14.3bn) acquisition of network operator Alltel.
Trowers & Hamlins PEP slides 8 per cent" /Average profit per equity partner (PEP) at Trowers & Hamlins has fallen 8 per cent, from £559,000 last year to £515,000 this.
As a string of stories in recent weeks have shown, the credit crunch has begun to bite. The latest bitten is Trowers & Hamlins.
China's anti-monopoly law comes into effect in August. But the draft regulations leave a number of questions unanswered, says Andrew Halper
The news that Simpson Thacher & Bartlett and Chadbourne & Parke will soon be joining Allen ...
Ward Hadaway is to open in Leeds after poaching five partners and two associates from rival firms.
Newcastle-based Ward Hadaway’s figures were not overly impressive this year with turnover up by 13 per cent to £28m and average profits per equity partner up a mere 2.5 per cent to £415,000 (The Lawyer, 3rd June).
Watson Farley & Williams has increased turnover to £59m, a 9.3 per cent increase on last year's figure of £54m.The year before revenue had increased by just £500,000 (The Lawyer, 21 September 2007).However, average profit per ...
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Wragge & Co has promoted eight associates to the role of director, bringing the total number in the job to 27.