9 October 2006
Who do you call when management trouble rears their head? Some firms may bring in external consultants, but if you are Lovells you call private equity partner Leah Dunlop.
East Lancashire firm Farleys Solicitors has promoted associate Debbie King to the partnership.
Allen & Overy is launching a radical shake-up of associate salaries as it announces a new pay scheme connected to the firm’s overall profitability.
Allen & Overy's (A&O) London lawyers are going to be 15 per cent richer starting in three weeks' time.
Allen & Overy and Irwin Mitchell’s senior partners Guy Beringer and Michael Napier have both been appointed as honorary QCs in the first honoris causa awards made since the introduction of a new silk system.
Norton Rose lawyer" /Bahrain’s Al Salam Bank has appointed rated Norton Rose Islamic finance associate Mohammed Paracha as its first general counsel. Paracha, 29, was Norton Rose’s senior Islamic finance associate, covering the Gulf states, Iran, Syria and Kazakhstan after moving to the ...
South East firm ASB Law has poached pensions specialist Martin McFall from Allen & Overy (A&O) as its new head of pensions.
Ashurst and Linklaters have landed key roles on the $30bn merger of Russia’s aluminium giants Rusal and Sual with Glencore to create the world’s largest aluminium producer.
Ashurst has confirmed the reappointment of managing partner Simon Bromwich for a second three-year term leading up to 2010.
Baker & McKenzie maintained its impressive track record for advising People's Republic of China clients on overseas listings, and firmed up its credentials with Chinese industrial giant CNOOC to boot, when it took the lead role on fertiliser manufacturer China Blue Chemical's $341m (£180.62m) IPO last month.
Recent cases concerning bullying and harassment in the workplace have highlighted the potential cost to employers. By Edward Goodwyn
Blake Lapthorn Linnell has been left with little corporate tax capability following the departure of the firm’s group head Niall Murphy to Shoosmiths.
Barlow Lyde & Gilbert (BLG) and Clifford Chance advised on dairy farmer co-operative First Milk's £61.9m purchase of Dairy Crest's Haverfordwest and private label cheese businesses. The acquisition will make First Milk the world's biggest UK-based cheese supplier. BLG advised First Milk, led by corporate partner John Cadman. Financial backer Bank of Scotland was advised by
Berwin Leighton Paisner (BLP) has closed its first corporate deal for acquisitive Australian bank Macquarie, advising it on the $1.24bn (£659.01m) sale of South East Water to Hastings Fund Management, an infrastructure investment fund led by another Australian bank, Westpac. BLP, led by partner Patrick Somers, scored the mandate after the firm advised Macquarie on a refinancing deal earlier ...
Bonelli Erede Pappalardo and Pedersoli e Associati have profited from the latest shake-up of the Italian banking industry, with both Italian firms taking lead roles on Banca Intesa’s disposal of key assets to its shareholder Crédit Agricole (CA) for €6bn (£4bn).
Boston-based firm Brown Rudnick’s London office is continuing on its path of aggressive expansion by netting finance partner Neil Pigott from US specialist firm Mandel Katz Manna & Brosnan.
CMS Cameron McKenna has signalled its intentions to bulk up in Aberdeen with an ultimately unsuccessful bid to take over oil and gas specialist Paull & Williamsons.
CMS Cameron McKenna and Romanian firm Nestor Nestor Diculescu Kingston Peterson (NNDKP) netted lead roles on Romania’s largest acquisition to date, worth €3.75bn (£2.6bn), which completed today.
With the number of equal pay cases growing rapidly, case law is amassing and companies must keep up with developments. Paul Epstein reports
Clifford Chance is set to confirm Mark Campbell and David Dunnigan for another four years as heads of banking and capital markets.
Clifford Chance is set to save £10m with its plan to transfer 300 jobs to Delhi next year.
Clifford Chance Italy managing partner Nick Wrigley is leaving the firm, sparking an unexpected local management election.
The London office of US firm Chadbourne & Parke has galvanised its Russian offering, netting the senior counsel of the European Bank for Reconstruction and Development (EBRD).
Manchester-based Cobbetts and Halliwells have become the first firms in the North West to sign up to bespoke LPCs with the College of Law.
Collyer Bristow’s senior partner of 10 years is stepping down, to be replaced by the London firm’s head of private client.
The Office of Fair Trading's (OFT) investigation into alleged price-fixing at British Airways (BA) and a number of other airlines is providing plenty of work for the City's finest competition lawyers.
Former Clifford Chance managing partner Peter Cornell is to retire from the firm at the end of this year.
Windsor Recruitment is an example of how not to introduce restrictive covenants. By David Harper
Wall Street heavyweight Cravath Swaine & Moore has announced its new second in command, naming former head of corporate Allen Parker as deputy presiding partner.
South East firm Cripps Harries Hall has beefed up its corporate team with the hire of the former head of legal and corporate affairs at communications company Mediaedge:cia, part of the WPP media group. Nigel Stanford, who specialises in the media and advertising sector, joins as a partner.
DaimlerChrysler has shaken-up its internal legal function, appointing Gerd Becht as global general counsel.
Two septuagenarian US attorneys have left Weil Gotshal & Manges and Debevoise & Plimpton to set up their own white-collar litigation boutique - for the second time.
DLA Piper has finalised the second phase of its European management overhaul, naming Europe, the Middle East and Africa (EMEA) practice group heads and restructuring several practice groups.
DLA Piper Weiss-Tessbach, the Central and Eastern Europe (CEE) arm of DLA Piper, launches today (9 October) in Bulgaria’s capital Sofia.
DLA Piper is set to overhaul its associate career path with the introduction of the role of ‘legal director’.
Herbert Smith, DLA Piper and Osborne Clarke have all scooped roles on the £370m acquisition of AOL’s internet access business by mobile communications giant Carphone Warehouse.
Denton Wilde Sapte's (DWS) technology, media and telecoms team has bagged a lead role advising First Data International on its credit card payment processing deal with Barclays Bank.
Ernst & Young has announced deputy general counsel Lisa Cameron is to become the next UK general counsel, replacing Victoria Cochrane to head up the 10-member in-house legal team.Cochrane is to focus on her new role in E&Y's quality and risk managem...
The chairman of Ernst & Young Legal (E&Y) in Italy is defecting and taking an unspecified number of lawyers with him.
Russian national firms, like Russian businesses, are coming to the fore.
More than 50 delegates, including senior in-house lawyers from companies as diverse as Microsoft and Total, descended on Berlin late last month to attend The Lawyer's inaugural European Legal Forum.
City lawyers have applauded news that the London Stock Exchange (LSE) is to review regulations of its junior market AIM.
Speechly Bircham has bolstered its new technology and commerce group with the hire of Faegre & Benson’s London head of IP.
The Lord Chancellor, Lord Falconer, today (13 October) rejected suggestions that the Carter reforms into legal aid will force the closure of many small practices.
Farrer & Co has secured a victory for Marlborough College in its fight to remove a pupil whose behaviour record was described as one of the worst the exclusive school has ever known.
Finers Stephens Innocent and Doughty Street Chambers have won a landmark judgment in the House of Lords that redefines the Reynolds defence against libel claims.
Allen & Overy (A&O), Baker & McKenzie and Cleary Gottlieb Steen & Hamilton have ...
Twenty-one law firms have clubbed together to launch a pro bono scheme offering free advice on competition law issues.
Boston-based IP powerhouse Fish & Richardson is ramping up its exposure in Europe and Asia, including creating formal referral relationships with local firms.
Freshfields Bruckhaus Deringer has knocked rival Linklaters off the top of the European M&A rankings.
Freshfields Bruckhaus Deringer has lost another German partner, this time seeing Berlin-based litigation partner Alfried Heidbrink leave for German firm Lindenpartners.
Freshfields Bruckhaus Deringer has scooped its second major water deal in as many weeks, advising the Colonial First State-led consortium on its £2.2bn bid for AWG, the owner of Anglian Water.
The Industrial & Commercial Bank of China’s (ICBC) flotation set down for later this month looks set to hit the record books, eclipsing the $11bn (£6.04bn) Bank of China’s IPO earlier this year.
Gas Natural's controversial attempted takeover of Endesa would have been a lot more simple if the forthcoming competition laws were in place, says Antonio Morales
Three years ago West Midlands firm George Green instigated a refocusing of its strategy. It was an initiative that managing partner Richard Cliff describes as the start of "a concentration on corporate and commercial" to drive the firm forward.
Gibson Dunn & Crutcher has made a prestigious partner hire from Los Angeles’ City Hall, taking on deputy mayor Maurice Suh.
It's all change for the management at Linklaters. As we reveal today on www.thelawyer.com, there will be not one, but two leadership vacancies in the finance department.
Advocates for International Development, the City pro bono initiative targeted at providing legal advice and assistance within developing countries, launches officially on Wednesday (11 October). More than 20 law firms and chambers have signed up to the initiative and have already provided a combined 7,000 hours pro bono. Participating firms include Allen & Overy,
Herbert Smith advised BNP Paribas and Standard Chartered Bank as lenders of a $1bn (£529.68m) bridge facility to Addax Petroleum Corporation. The firm also advised Merrill Lynch, the lead underwriter on the C$354m (£167.4m) public offering of Addax shares. The bridge facility and share offer will be used to finance Addax's acquisition of Pan-Ocean Energy Corporation, and to refinance existing debt at Addax and the target company. The Herbert Smith team was led by acquisition finance ...
The news of the appointment of Crawford Gillies, former European managing director of Bain & Company, as non-executive chairman of Hammonds has brought into sharp focus the growing practice of bringing 'people from outside' onto law firm boards and sparked a debate on the nature of law firm chairmanship.
Honda has transferred its European head of IP to its Japan office for a two-year stint as part of a long-term secondment.
With more than 150 acquisitions in the past 20 years and itself having been a takeover target, SunGard's assistant general counsel Howard Wallis feels it's time to centralise the business. By Ben Moshinsky
Hunton & Williams has launched an environmental practice in London following the hire of specialist Anju Sanehi from DLA Piper.
Pink was the colour of the day at Teacher Stern Selby's party in aid of Breakthrough Breast Cancer the other week.
Alrosa to appeal Commission diamond ruling
Chicago IP boutique Wallenstein & Wagner is disintegrating, with both specialist and national firms rushing to benefit from the fallout.
The best on the bench - and the not so good. The Lawyer unveils its exclusive survey of the judiciary and asks: How can judges manage better?
London lawyers at New York firm Kaye Scholer will have a spring in their step this morning, given that the office partnership headcount has jumped an impressive 100 per cent since Friday and a brand new practice area is now on offer.
The shady practice of corporate espionage was highlighted in last week's podcast on Pinsent Mason's blog site www.out-law.com. The podcast features an interesting discussion on the legal merits of bugging - finding that it is possible to place a recording device in an office legally, but recording a phone conversation is a criminal offence.
Kirkland & Ellis has bolstered its London corporate capability with the promotion of two specialists as part of a class of 64 lawyers who have been made up to the partnership globally.
Twenty-four hours after The Lawyer broke the news about Allen & Overy's new salary and career package for associates, it's still the talk of the City - and, according to our stats, is easily the most clicked-on news story of the week.
Law Society president Fiona Woolf this morning (13 October) told the profession that solicitors need to perform for clients in order for their contributions to society to be recognised.
Global network of independent law firms Lex Mundi has elected its new chair.
The London Fire & Emergency Planning Authority (LFEPA), which is responsible for the London Fire Brigade, is looking for its first head of legal and democratic services, following a shake-up of its internal legal function.
Linklaters German IP partner Kay-Uwe Jonas is set to leave the magic circle firm early next year, taking the entire Cologne trademark team with him.
Linklaters is gearing up for a change of leadership as finance head Giles White moves across to become Asia managing partner.
Linklaters IP team has suffered another blow, with the defection of senior associates Jonathan Day and Jonathan Critchley to Manches.
Law firms often face the question of whether partners should be appointed as group heads in order to drive performance. There are three approaches to this age-old issue.
Mayer Brown Rowe & Maw (MBRM) is to imminently open a Hong Kong office, getting the full Chinese legal offering that it has conspicuously lacked up until now, The Lawyer can reveal.
Well, that didn’t take long. A week after the announcement of the new guard at Mayer Brown Rowe & Maw (MBRM), there’s already a revolution in its partnership culture.
Transatlantic giant Mayer Brown Rowe & Maw (MBRM) is shaking up its partner compensation as it puts global expansion at the top of its agenda.
What Keith Schilling wants, Keith Schilling gets.
Bird & Bird and DLA Piper have been dealt a blow after partners Hubert Best and Martin Soames recently left their respective firms to set up a media boutique.
US firm Morgan Lewis & Bockius has raided Minneapolis-based Faegre & Benson for two structured finance partners, including its co-head of asset securitisation.
Nabarro Nathanson has strengthened its corporate and construction practices with four partner hires for its London and Sheffield offices. AIM specialists Ian Binnie and Elliot Shear join the London office from McGrigors and Baker & McKenzie respectively. Corporate finance partner Ben Hendry joins the Sheffield ...
Norton Rose has won a key role on the €1.48bn (£1bn) takeover bid by Ryanair for Aer Lingus. Corporate finance partner Mark Bankes is leading the firm's team for Aer Lingus, whose board rejected the bid last week (5 October). After advising Aer Lingus on its recent admission to the Irish and London stock exchanges, Bankes, along with corporate finance partner Jill Gauntlett, has won a position on what ...
Freshfields Bruckhaus Deringer has bolstered its London competition practice with the star hire of the Office of Fair Trading’s (OFT) senior director Simon Priddis.
Offshore giant Ogier is focusing on growth in Asia following last week’s announcement of its merger with British Virgin Islands-based (BVI) best friend WSmiths.
Employment and personal injury set Old Square Chambers has bolstered its national presence, hiring two tenants and buying a new London headquarters.
Old Square Chambers played two high-profile roles in the key equal pay case initially brought by Bernadette Cadman that was decided by Europe's highest court last week (3 October).
Olswang has raided Halliwells' corporate department, snaring one of the national firm's best-known AIM specialists, Adam Fenner.
Osborne Clarke has raided Clarke Willmott for its fourth property partner in a week, bagging head of strategic land development Elizabeth Sturgess.
Osborne Clarke is seeking to strike a deal to reduce the period of gardening leave placed on a four-lawyer residential property team it hired from fellow Bristol-based firm Clarke ...
There was much hilarity at Tulkinghorn Towers following a call from a PR lackey at Newcastle-based Watson Burton. Readers will recall the firm was at the centre of gossip following the ousting of managing partner Andrew Hoyle late last month (first reported in The Lawyer, 26 September).The same issue also mentioned the delicious fact that Watson Burton was hosting a meet-and-greet bash at its new
Money remittance is seen as a way of financing terrorism. But the Spanish government is introducing stringent measures to counter the problem. By José Antonio Bonilla
Perkins Coie is to open an office in Shanghai two years after it was forced to close in Hong Kong because of an economic downturn in the region.
Pinsent Masons has boosted its Birmingham property litigation team, scooping Denton Wilde Sapte’s joint head of property litigation Alicia Foo.
Video games company Mastertronic Group has hired its first general counsel, snaring Pinsent Masons IP senior associate Nav Sunner. Sunner will support the company’s growth into wireless, mobile and console games, as Mastertronic branches out from PC game publishing. ...
Environmental impact is becoming an increasingly crucial legal issue in the EU, and Spain and Portugal are preparing to toe the line. Jesus Velez and Alex Guillamont report
Charity and education firms Pothecary & Barratt and Witham Weld have merged.
Birmingham firms Putsmans and Shakespeares have signed a merger agreement, creating a new £20m player in the Birmingham mid-market.
London’s Queen Mary University has launched a legal advice centre, the first ever undergraduate-run legal advice centre in the capital.
Royal Bank of Scotland (RBS) has ditched procurement group Ariba, as the banking giant puts the finishing touches to its new roster of legal advisers.
Spotted in SW1: DLA Piper's chief executive Nigel Knowles surreptitiously handing a package to new Mourant counterpart Stephen Ball.
Russian aluminium giant Rusal has appointed a new managing director for legal affairs.
Salans has poached Baker & McKenzie's former Moscow head of real estate as the firm looks to double the size of its Russian property practice.
Scottish big four firm Shepherd & Wedderburn has confirmed that it will convert to limited liability partnership (LLP) status on 6 November this year.
In the great 'my office is better than yours' war, sometimes it's necessary to bring in the heavy artillery. Norton Rose's real estate practice did just that the other week, hosting a check-out-our-new-digs party aboard HMS Belfast, moored in the Thames just opposite the firm's new Southbank location.
Litigation powerhouse Shook Hardy & Bacon has a very simple strategy.
Slaughter and May has strengthened its ties with its European best friend law firms, moving into new joint offices in Brussels.
The turmoil surrounding online gaming is continuing to split the legal community in two, with Slaughter and May and Allen & Overy (A&O) becoming the latest firms to shun the sector.
Employment law has been a hotbed of activity in recent weeks, most notably following the introduction of new age discrimination rules at the start of the month.
A sudden upsurge in corporate activity in Spain has excited lawyers and businessmen alike. Mergers and acquisitions worth billions of euros, such as E.ON's e47bn (£31.85bn) takeover of Endesa and the e23bn (£15.58bn) tie up between Autostrade and Abertis Infraestructuras, have led the way.
High Court judges Mr Justices Aikens, Jackson, Kitchin, Langley and Mann have emerged as the stars of the bench.
Tulkinghorn was whisked into the high life for a night last week when the always-entertaining Herbert Smith real estate team hosted a reception for hacks at the Kingly Club.
What was your first-ever job?Cutting wood and bagging nails and screws at a hardware store on Saturday morning, closely followed two weeks later (I was sacked for wasting too much wood due to bad sawing) by becoming an entertainer at children's parties.
Firms are ahead of the game on new ageism law
US securities class actions firm Schiffrin & Barroway has linked-up with German firm Winheller Attorneys at Law, in a bid to protect European investments in US securities.
There were no surprises on last week's private equity mega bid. When Apollo Management and Texas Pacific announced a $15bn (£7.97bn) bid for the US's largest casino operator Harrah's, all eyes were on their longstanding counsel. It was a safe bet. Cleary Gottlieb Steen & Hamilton confirmed that it is acting for Texas Pacific, while Apollo instructed its panel firm Wachtell Lipton Rosen & Katz, with ...
Mobile telecoms giant Vodafone is searching for a new head of litigation after former head Andrew Littlejohns was promoted to head of M&A transactions.
The Rome office of Watson Farley & Williams has raided local player Agnoli Bernardi e Associati for a banking and finance partner and his assistant.
Firms are looking for big-ticket players for strictly big-ticket work. David Middleton reports
London outpost in the Gherkin. Tulkinghorn's scribes were eager to attend and learn the truth about the battle straight from the partners themselves.