9 September 2002
It is a good time to be a parent. From April 2003, new legislation overhauling and significantly enhancing the rights of parents to leave, pay and flexible working will be in place
The press has labelled her a 'liberal' judge, while law reform campaigners believe that as president of the High Court's family division she should be doing more to help their cause. Jon Robins searches for the real Dame Elizabeth Butler-Sloss
How to annoy a lawyer, part 355. Yes, it's you, external PR man (or woman) yet again. For years Tulkinghorn has stewed in silent anger at reading press reports of a 'law company' doing this or that. Even the broadsheets have, in the past, been guilty of this cardinal sin. But in more recent times Tulkinghorn has been pleasantly surprised by a marked improvement. By and large, press releases arriving on his desk might be exceedingly dull with no discernible point, let ...
The head of Allen & Overy's (A&O) private client group and the firm's longest standing partner Peter Mimpriss is due to retire at the end of September
The Deputy Director General of the Confederation of British Industry (CBI) recently condemned the Information Commissioner's draft code on the Data Protection Act 1998 (DPA) as "a gift to lawyers that will not help companies in any way, shape or form"
Allen & Overy (A&O) will advise Philip Green in his bid for Arcadia despite its current instruction from potential co-bidder Baugur.Corporate partner Alan Paul is leading the team advising Baugur and fellow corporate partner David Wootton will head a team joining Dechert as co-counsel to Green.A&O's decision to advise both clients comes as a surprise, given that Green is trying ...
Ashurst Morris Crisp is losing its head of pensions to Allen & Overy (A&O), prompting the firm to move a corporate partner into the role and restructure the practice
BAE Systems Capital has spent more than £3m in legal fees over the past 12 months purely on law firms with pro bono schemes
Baker & McKenzie has given a massive boost to its tax practice in Paris with the hire of 11 lawyers from Arthur Andersen. The group includes partners Véronique Millischer, Patrick Philip and four senior associates. (5 September)
Law firms have started to cash in on beleaguered French conglomerate Vivendi's fire sale of its assets, with Slaughter and May's French best friend Bredin Prat emerging as the winner.Vivendi announced that it was to start chipping away at its e19bn (£12.07bn) debt mountain on 30 August this year with two asset disposals, together worth more than e470m (£298.6m). In separate ...
Weil Gotshal & Manges is losing the last of its UK project finance partners as the firm accelerates its drive into restructuring work
Carillion is in the final throes of a massive review of its panel following the appointment of new head of legal Richard Tapp last year and its 1999 demerger from Tarmac
New York firm Chadbourne & Parke has opened an office in Houston to service its energy clients. The office will be managed by partner Andrea Satty, who will be assisted by five associates. (3 September)
Charles Russell has acted pro bono to win an employment case that could give workers over the age of 65 the right to unfair dismissal payments and redundancy payouts
Naboa $1bn family battle dubbed to be the next Thyssen; heavy-hitters called in
KLegal, CC work on take private of Grantchester
Travers Smith Braithwaite (Chris Hale, Claire Kilburn, Nick Myatt, Moushumi Sharmacharja) advised Newmark Technology Group on its proposed cash acquisition of Grosvenor Technology, its all-share offer for the AIM-listed depository receipts of Vema NV and the firm's reorganisation and proposed readmission to AIM. De Brauw Blackstone Westbroek advised Vema and Nauta Dutilh advised Newmark.
SJ Berwin advised Hilton on the £336m sale and leaseback of 10 of its hotels. Hilton retains a 40 per cent stake in the hotels. The other 60 per cent will be owned by Rotch and hotel investors Farnsworth, advised by Herbert Smith, and Bank of Scotland, advised by Maclay Murray & Spens.Druces & Attlee and Lawren
CMS Cameron McKenna's Moscow office (David Griston, Paul Stallebrass) advised Raiffeisen Zentralbank Österreich and ZAO Raiffeisenbank Austria on a $33m (£21.1m) fixed-period loan facility for Ural-Siberian Bank, which was advised in-house.Norton Rose (Alistair MacRae) advised Romanian company MobiFon ...
Alberto Terol, former head of tax and legal at Andersen Worldwide, is set to move to Deloitte & Touche in a bid to expand the accountant's legal network
Sets bounce back from barrister losses; tie-up creates UK's largest planning team
On the subject of mistaken identities, Tulkinghorn has been taking the confession of a certain blonde hack at The Lawyer over her gaffe at last week's Latham & Watkins second annual Labor day Party.Said hack, who understandably wishes to remain nameless, spent an enjoyable portion of the evening chatting to Latham's London partner Joe Blum. Or at least, that's what she thought. In fact, Blum was not even present at the evening and The Lawyer journalist had ...
DLA German alliance firm Görg Rechtsanwälte has raided Andersen Legal's German arm Andersen Luther to strengthen its Berlin office
In a surprise move, Karlheinz Knauthe has relinquished his position as sole name partner at Knauthe to join forces with former Eggers name partner Carsten Eggers. The new firm, which came into effect on 1 September, is called Knauthe Eggers. Berlin firm Eggers merged with the German arm of Tite & Lewis, Menold & Aulinger, in July 2001. (4 September)
The Confederation of British Industry (CBI) and the Department of Trade and Industry (DTI) are up in arms about a proposed European directive that would give significantly greater rights to temporary workers
In an extraordinary move, Hammonds has suspended London finance head and equity partner Andrew Visintin from the partnership
Harare lawyer Jeremy Callow has received death threats after he successfully defended hundreds of farmers in Zimbabwe against President Robert Mugabe's attempts to seize their land
The British Virgin Islands' (BVI) largest firm Harney Westwood & Riegels has opened an office at London chambers 24 Old Buildings
Tulkinghorn, normally a mild-mannered chap, was horrified to hear that top City firm Lovells has bought a cow, installed it in its office garden, and then moved offices, leaving the hapless cow behind.Tulkinghorn immediately instructed one of his young scribes to call Lovells' press office to get to the bottom of the story. A Lovells PR officer was quick to point out that the cow is in fact a life-sized sculpture and not a real cow at all.Lovells is one of the sponsors ...
Tulkinghorn has been hearing murmurs of discontent from the New Change premises of Allen & Overy (A&O). It sounds like partners there are suffering from an attack of the old green-eyed monster.Apparently, those in the City feel they're not being treated as well as their colleagues in the satellite Canary Wharf office. But it's not the plush new Citigroup offices or the proximity of lap dancing clubs that the New Change team is complaining about - it's the ...
Jones Day will relocate corporate partner Ansgar Rempp to Munich to set up a new office focusing on intellectual property and patent law. He will move from Frankfurt in January for the opening at the start of next year, along with 15-20 lawyers. Five will relocate from Frankfurt, while the others will be hired laterally. (3 September)
KPMG-tied firm KLegal is carrying out a strategic review, which is designed to make business planning and budgeting more inclusive
A&L Goodbody has taken on the former head of VAT at KPMG Dublin to bolster its tax practice
Latham & Watkins is strengthening its East Coast securities litigation practice, taking on three new partners. David Brodsky joins the firm's New York office from Credit Suisse First Boston, where he was managing director and general counsel-Americas. Laurie Smilan has joined the North Virginia office from Wilson Sonsini Goodrich & Rosati, where he was co-managing partner of the North Virginia office. He will be joined by fellow Wilson Sonsini partner Michele Rose this week.
Acas remains preferred adviser; legal intervention proves growing trend after strike prevention success
Lester Aldridge's restructure has led to a period of rapid expansion
Lewis Silkin has scooped its first piece of work for Chester Properties on a £16m acquisition of the Packhorse Shopping Centre in Huddersfield.Chester Properties formed a joint venture partnership with Cargill Financial Markets to acquire the centre from a subsidiary of Peel Holdings, the listed developer. Debt funding was provided by German bank HVB. The deal also included a successful ...
Linklaters has reshuffled its Asian team, moving Kevin Wong, the head of its Shanghai office, to Singapore
Corporate and finance take centre stage as firm refocuses on key global clients
The job market might not be flourishing, but Meriel Schindler says this is no reason to be careless in your choice of employer
The Lawyer can reveal that Lovells is in the final stages of negotiating a deal with Knight & Sons that will see the West Midlands firm join its panel of subcontractors for major client Prudential Property Investment Managers (PruPIM)
Scottish firm Burness has overhauled its management structure following a decision by the current managing partner to leave the partnership, as revealed last week at www.thelawyer.com/ lawyernews
Mayer Brown Rowe & Maw has hired property partner Peter Sugden from troubled firm Manches. Sugden's clients include Green Property, Quintain Estates and Development and Nestlé. He has been hired to help build the merged firm's practice in the investment sector. Sugden is the latest in a string of partner departures from Manches.
Marconi's arrogance could have saved it millions in advocacy fees. Dearbail Jordan reports
Schemes allowing employees extended time off work, such as career breaks, are all very well until the question of continuity arises. Sue Ashtiany reports
Norton Rose has taken on corporate finance partner Freeman Chan as the latest addition to its Hong Kong office, which opened in April and which now boasts seven partners. Chan joins from local firm Koo and Partners. (2 September)
Olswang has recruited commercial litigation partner Paul Philips from KLegal. Philips was previously a partner at the London office of Scottish firm McGrigor Donald, which merged with KLegal at the turn of the year. Philips is experienced in litigation and arbitration.
Large UK businesses have three years before the EC's directive on employee consultation is made law. Makbool Javaid reports
As the profession's regulator, the Law Society is charged with protecting the public from unscrupulous or incompetent solicitors
With all the sales and acquisitions that Spirent has gone through recently, it helps that its general counsel has worked for both its legal advisers. Vanessa Pawsey investigates
Personal injury (PI) lawyers suffered a significant setback last week when the Court of Appeal ruled that their success fee uplift should be reduced by 15 per cent
In these days of stiff competition in the job market, employers are doing all they can to hold on to staff. And if they do want to leave, it's not always easy. Jon Robins reports
With high-profile cases of staff distributing undesirable material over company systems, employers must do all they can to limit their own liability, says Jessica Learmond-Criqui
Westminster firm RadcliffesLeBrasseur has demoted two equity partners and is negotiating redundancy with a third in a bid to boost profitability
Without wishing to sound melodramatic, October could herald the start of a new era in real estate lawyering. The Prudential's property investment arm (PruPIM), the UK's largest institutional property investor, will take the brave step of implementing an as yet untested approach: a subcontracting model devised by Lovells property head Robert Kidby called the 'Mexican Wave'. (The name, incidentally, is now protected.)
A court has ruled that Scottish advocates have immunity from being sued for their actions in court, despite the House of Lords ruling last year that their English counterparts are liable
South East firm Stevens & Bolton has won partners from Allen & Overy and Middleton Potts, growing its partnership to 22. Corporate finance lawyer Jonathan Porteous (left) joins from A&O, where he was most recently a partner in the Amsterdam office. Howard Lupton (right) joins the commercial property department from Middleton Potts, where he specialised in retail and industrial development work. He brings client relationships including MJ Gleeson Group and Belgrave Land. ...
This Ashursts - Fried Frank thing: going nowhere, right? You might have thought the talks couldn't get any slower, given that The Lawyer first revealed a year ago that the two firms were sniffing each other's tails.To start with, the talks centred on cooperating on structured finance. The Ashursts argument then on US securities capability went something like this: pump it up to the stage where we can credibly service the larger European M&A deals and we won't ...
The Government's latest piece of employment legislation has now had time to gear up, but still awaits clarifying regulations. Charlotte Hamer gives a guide to the Employment Act 2002
Steven Fogel has been leading the integration of Dechert's transatlantic business. He tells Julia Cahill that he's now sleeping better at night
In the first four months of the Enron case alone, 12 US firms have earned more than $64m (£40.8m) in fees and expenses
It seems there aren't enough names to go around the City these days, and Tulkinghorn is amazed - not to mention a little confused - by the number of lawyers who are forced to share them.For clarification purposes, therefore, here are the main offenders: Jeremy Parr at Linklaters and Jeremy Parr at A&O; Graham White at Linkaters and Graham White at
Wedlake Bell has scooped the head of Shadbolt & Co's London office. The hire of Joe Bellhouse is a coup for Wedlake Bell's construction team, which is headed by Suzanne Reeve
Weil Gotshal & Manges is eagerly awaiting the green light from French firm Serra Leavy & Cazals to enter exclusive talks with the Paris boutique
The first criminal prosecution under the 1998 Working Time Regulations Act has finally taken place
On the subject of food-based treats, if Clifford Chance thinks it has finally stamped out lawyers taking liberties with its catering budget, it has another thing coming.Tulkinghorn understands that certain advisers visiting Clifford Chance's office in connection with the Marconi restructuring came over all funny at the breadth of the firm's in-house menu. And because many of the ...