27 October 2008

Outplaced out

Outplacement is the word of the month this chilly October. Lawyers have come to expect that if they are made redundant, their firms to find them new jobs. Big British firms are even exporting the practice to the US. Clifford Chance offered outplacement services for the 20 litigation lawyers it axed this month (see story). […]

Magic circle, Latham advise in £7.3bn Barclays injection

Clifford Chance has advised long-standing client Barclays on a £7.3bn cash injection by investors to avoid nationalisation. Barclays long-term adviser Guy Norman led the team for Barclays together with financial institutions partner Chris Bates, corporate partner Patrick Sarch and securities partner Simon Sinclair. The largest single cash injection came from Sheikh Mansour Bin Zayed Al […]

Wall St Woes: the Thelen feeding frenzy

It’s a feeding frenzy over at what remains of Thelen. It’s a feeding frenzy over at what remains of Thelen. After the US firm announced plans to dissolve earlier this week (28 October), it didn’t take long for US rivals to look at recruitment opportunities. Nixon Peabody looks set to take roughly 60 lawyers while […]

Comrades! Witches! Wizards!

Comrades! Witches! Wizards! 31-October-2008 The forces of socialism and evil are uniting tonight to “dance on capitalism’s grave” outside the offices of A&O and Clifford Chance. The forces of socialism and evil are uniting tonight to “dance on capitalism’s grave” outside the offices of A&O and Clifford Chance (see story). The unlikely alliance of the […]

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A&O, Clifford Chance warn staff over Halloween protest

Allen & Overy and Clifford Chance have warned their Canary Wharf staff of anti-capitalist protestors “dancing on capitalism’s grave” tonight. Clifford Chance warn staff over Halloween protest” />Allen & Overy (A&O) and Clifford Chance have warned their Canary Wharf staff of anti-capitalist protestors “dancing on capitalism’s grave” on Halloween night tonight. The event, which is […]

HBOS legal chief handed post-merger GC role

Lloyds TSB Group has appointed HBOS legal chief Harry Baines as general counsel of the company that will result from the banks’ union. The transfer of Baines comes as Lloyds TSB unveils the new-look management team that will lead the bank following its take over of HBOS. Baines joined Halifax as company secretary in 1999, […]

CMS Cameron revamps BD capability

CMS Cameron revamps BD capability” />CMS Cameron McKenna has seen two senior business services staff depart after new managing partner Duncan Weston’s leadership overhaul. Head of human resources Dianne Gwynne resigned last month while director of marketing Jeremy Knott was made redundant. Knott’s role is to be split between Tom Kingsley, who will handle external […]

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Shearman loses Latin America partner to Linklaters

Linklaters” />Alberto Luzárraga, a partner in Shearman & Sterling’s Latin America practice has quit the firm for Linklaters. Shearman senior partner Rohan Weerasinghe announced Luzárraga’s departure last night (Wednesday 29 October). He is expected to start work at Linklaters on Monday (3 November), where he will join New York corporate and capital markets partner Ray […]

Heller chairman finds a home at Dechert

Dechert” />The final chairman of Heller Ehrman, the US West Coast-based firm which dissolved last month, has joined Dechert in San Francisco. Matt Larrabee guided Heller through its final two years of operation but is a litigation lawyer by trade and it is in this guise that he joins Dechert. Dechert chairman Bart Winokur said: […]

Baker & McKenzie to open in Abu Dhabi

Baker & McKenzie to open in Abu Dhabi” />Baker & McKenzie is set to expand its presence in the Middle East by opening an office in Abu Dhabi later this year. The outpost will be headed by former Prague managing partner Borys Dackiw, who will lead a team of around 50 lawyers. The Abu Dhabi […]

New managing partner at Bristol’s Burges Salmon

Bristol headquartered firm Burges Salmon has named Chris Jackson as successor to Guy Stobart as managing partner of the firm. Jackson, a commercial disputes partner, will take over from Stobart in May. Stobart, who has been managing partner since 1995, said he was “assessing his options”. “All good things must come to an end. We […]

Taylor Wessing in lay-off talks with six staff

Taylor Wessing has entered redundancy consultations with four lawyers and two secretaries in its real estate department. A spokesperson for the firm said: “We will over the next two weeks be discussing the process with them and trying to identify alternatives to redundancy before we reach a point of making final decisions”. She added: “If […]