29 May 2006

RB raids Hammonds disputes team

Hammonds has lost a dispute resolution team to Richards Butler. Commercial disputes partner Paul Dillon and senior associate Lisa Mason will join Richards Butler later this summer. Richards Butler hopes Dillon’s experience and background in energy and commodity related dispute resolution will complement the firm’s international trade and commodities group. Kyri Evagora, head of Richards […]

Mayer Brown re-jigs management for securitisation push

Mayer Brown Rowe & Maw has appointed new co-heads for its London securitisation department following the departure of high profile partner Mark Nicolaides. Bruce Bloomingdale and Dominic Griffiths are the new co-heads of the four partner practice. In addition, Drew Salvest will continue to head the office’s debt capital markets practice and Kevin Hawken continues […]

Barclays in-houser joins TLT

South West firm TLT has snared one of Barclays Bank’s senior in-house lawyers at for its banking and asset finance team. Richard McBride, formerly a senior in-house lawyer for Barclays Bank, has joined TLT’s London office as an associate. He is over 10 years PQE and joins the firm’s banking and asset finance team. McBride […]

Gide misses out on airports privatisation

Cleary Gottlieb Steen & Hamilton, Darrois Villey Maillot Brochier and Linklaters have scooped the lead roles on the partial privatisation of the French state-owned airport operator Aéroports de Paris (ADP). But in stark contrast to recent French privatisations, there is no role for Gide Loyrette Nouel this time around. Cleary Gottlieb partner Andrew Bernstein is […]

Bakers, Norton and Trowers threatened with Bahrain suit

Baker & McKenzie, Norton Rose and Trowers and Hamlins have become embroiled in a licensing scandal in Bahrain, following a revolt by the country’s domestic legal community. The Bahrain Bar Association (BBA) and numerous individual lawyers have launched a lawsuit against the country’s Industry and Commerce Ministry, the Bahrain Monetary Agency (BMA) and the international […]

Applebys and Bailhache merge to create offshore powerhouse

Offshore law firms Appleby Spurling Hunter and Bailhache Labesse will merge on September 1 creating a firm with six offices and more than 600 employees. The new firm will be known as Appleby Hunter Bailhache and will offer legal, fiduciary and administrative services. Appleby Spurling Hunter’s managing partner, Peter Bubenzer, said: “Our strategic vision is […]

Freshfields PEP jumps 19 per cent to hit £830,000

Freshfields Bruckhaus Deringer’s average profit per equity partner (PEP) is expected to jump by a whopping 19 per cent for the last financial year. Based on preliminary results PEP at the all-equity partnership is expected to rise from £700,000 to £830,000 for the 2005-06 financial year. Top of equity is predicted to rise by 14 […]

Simmons promotes largest partnership group in four years

Simmons & Simmons has promoted 15 lawyers to its partnership with financial markets and corporate gaining the bulk of new partners. The appointments mark Simmons’ largest group of promotions in four years, with 12, 11 and nine lawyers made up in the preceding three rounds. Senior partner, Janet Gaymer said: “I am particularly pleased that […]

Maclays takes Lewis Silkin partner for IP push

Maclay Murray & Spens has taken on Lewis Silkin partner Gillian Cordall for a push into London’s IP market. Cordall specialises in non-contentious IP work and was a partner in Lewis Silkin’s media brands & technology department since 1999. Cordall’s core clients include interactive media and computer game companies. She will work with IP partner […]

Taxman elected new senior partner at Travers

Travers Smith has elected former managing partner Alasdair Douglas as its new senior partner, replacing the retiring Christopher Bell. Douglas takes up his new role on 1 July, and will also continue fee-earning in the tax department. He was previously managing partner between 1995 and 2001, before being replaced by Chris Carroll. Bell has been […]

Clifford Chance turnover breaks £1bn mark

Clifford Chance is predicting revenues to break through the £1bn mark for the 2005-06 financial year, while average profits per equity partner (PEP) are expected to reach more than £810,000. Turnover is expected to grow 13 per cent to £1.03bn, compared to £914m in 2004-05. As first revealed by The Lawyer this week (29 May), […]

Gide launches in Hong Kong

Gide Loyrette Nouel is launching an office in Hong Kong in an effort to build on its extensive Asian capability. The French firm has recently been granted a licence to operate in Hong Kong and will open its office in June. Beijing-based partner Stéphane Vernay will be responsible for running the new office, assisted by […]