Following the news that Mr Justice Eder is retiring early from the bench, The Lawyer asks whether low pay and low morale in the judiciary could result in others following suit.
Mr Justice Flaux has ruled Gibson Dunn & Crutcher and the Republic of Djibouti must jointly pay £880,000 to businessman Abdourahman Boreh for the unsafe freezing order it obtained on his assets in 2013.
All the latest partner hires and other appointments within Continental European firms and offices.
Cambridgeshire and Northamptonshire county councils have launched an ABS, known as LGSS Law, today (1 April 2015) after gaining a licence from the Solicitors’ Regulation Authority (SRA).
Slaughter and May and Paul Weiss Rifkind Wharton & Garrison have advised banking start-up Shawbrook Group on its initial public offering (IPO) on the London stock exchange, valued at £725m.
Risk adviser Willis Group has appointed Travelers’ senior vice president and general counsel Matthew Furman as global general counsel in its New York office.
US firm Foran Glennon Palandech Ponzi & Rudloff is planning to launch a London office through the hire of two Locke Lord lawyers, partner Gavin Coull and consultant Damian Cleary.
Shoosmiths has confirmed plans to convert to an all equity partnership structure from 1 May, with eight per cent of the firm’s partners opting out of the new one-tier partnership.
Simmons & Simmons has revealed a retention rate of 80 per cent for its spring 2015 newly-qualified (NQ) cohort.
Ex Leeds Utd chief launches proceedings against Gibson Dunn partner Gray for "exploitation and blackmail"
Former Leeds United managing director David Haigh has instructed Stephenson Harwood to bring a case against his former employers and Gibson Dunn & Crutcher partner Peter Gray, alleging they engaged in human trafficking to lure him to Dubai, where he is now in prison.
Law firms that moved to King’s Cross and Southbank for cheaper rents and business rates could see their bills increase by up to 25 per cent following the Government rental valuation assessment, which starts in April.
US firms have matched and exceeded the rates charged by their magic circle counterparts for the first time in 2015, with work-hungry partners charging up to £900 per hour and newly qualified lawyers up to £400.
Quinn Emanuel Urquhart & Sullivan and Swiss firm Niederer Kraft & Frey have advised BSI, the first Swiss bank to reach a deal with the US Department of Justice (DoJ) over allegations of helping clients evade tax.
Best friends Bonelli Erede Pappalardo and Slaughter and May have advised on opposite sides of Dufry’s €1.3bn (£950m) acquisition of shares in rival World Duty Free from the Benetton family, in a deal that creates the world’s biggest travel retailer.
Former Olswang arbitration head Andrew Aglionby has joined arbitration provider JAMS International as an arbitrator and mediator in London and New York, ditching plans to join the bar.
Freshfields Bruckhaus Deringer has continued to bolster its Asian practice by hiring from magic circle rival Linklaters, this time taking a Beijing banking and finance partner for its Hong Kong office.
Hogan Lovells has launched an office in Australia with the hire of partners Nicky Lester and Tim Lester from Linklaters’ best friend firm Allens.
Freshfields Bruckhaus Deringer has agreed terms to sign a three-year lease for office space in Manchester’s Arndale House, The Lawyer understands.
Squire Patton Boggs has posted a 12.3 per cent hike in revenue to $870.5m (£589m) in its first year-end results as a merged firm, with UK revenue growing by 1.8 per cent from $160m to $163m.
High net worth family firm Vardags has signed a joint venture collaboration with Dubai firm Trench & Associates in order to break into the valuable United Arab Emirates (UAE) market.
Mishcon de Reya has made up three women to partner in its annual promotions round with another nine lawyers promoted to the role of legal director.
Baker Botts has announced the hire of Trowers & Hamlins’ United Arab Emirates (UAE) head Abdullah Mutawai and head of international disputes Lucas Pitts in a boost to its Dubai offering.
Plexus Law has lost a team of 13 lawyers from its travel law practice to insurance firm Kennedys, including senior partner and head of the practice Claire Mulligan and partner Justin Collins.
Scotland-headquartered Maclay Murray & Spens has bolstered its Aberdeen oil and gas practice with the hire of Dana Petroleum general counsel Jill Reid.
Slater & Gordon is poised to buy insurance outsourcer Quindell’s professional services arm for around £700m overnight on Monday (30 March) before the exclusivity period on its acquisition right expires.
King & Wood Mallesons (KWM) has replaced Clifford Chance as principal legal adviser to the AA following a corporate panel review that took effect on 1 January.
RB (formerly Reckitt Benckiser) is set to roll out its in-house compliance platform across the company in a bid to cut the time the in-house team spends on routine legal work.
DWF has reported that its success ratios on client tenders has dramatically improved over the past three years and are now at their highest point in the firm’s history.
Insurance company ACE group has appointed Susan McDonald to the role of regional general counsel for Eurasia and Africa as it continues to build up its management team in the region.
The Court of Appeal (CoA) has dismissed an attempt by Bristows’ client Google to block British users from pursuing it in the UK courts.
The University of Law has been granted an Altenative Business Structure (ABS) licence by the Solicitors Regulation Authority.
Cuatrecasas Gonçalves Pereira has appointed litigation and arbitration head Jorge Badía as its new managing partner, the firm announced today.
Ashurst and Slaughter and May have advised on the $30bn (£20.8bn) sale of RBS’ private banking and wealth management business Coutts International to Union Bancaire Privée.
Construction and engineering company Costain has changed its legal panel of advisers for the first time in seven years, dropping Bevan Brittan and Addleshaw Goddard in favour of Burges Salmon, Clyde & Co and Pinsent Masons.
Ecotricity has turned to Wragge Lawrence Graham & Co for its £68m strategic financing deal with Aviva.
Just 16 out of 26 will stay on.
The Lawyer’s Africa Elite report is published on Monday (30 March). Ahead of that the first-ever managing partner of Webber Wentzel, one of South Africa’s oldest and largest firms, unveils her plans for the future.
OneSavings Bank (OSB) has appointed a new head of legal as it names 12 firms to its first formal legal panel of external advisers.
The Treasury Committee has criticised the Financial Conduct Authority (FCA) for not addressing the failings identified by Clifford Chance partner Simon Davis in his report into a market leak last year.
Berwin Leighton Paisner managing partner Neville Eisenberg has been appointed in an uncontested election to a four-year term as the firm’s senior partner, effective from 1 May.
Mayer Brown has hired two senior corporate partners for its Paris office, including Davis Polk & Wardwell’s first-ever non-US qualified hire Arnaud Pérès.
German firm Noerr has announced another strong year with turnover rising by 7 per cent to €197.2m (£145.2m) for 2014, up from €184.5m the previous year.
Taylor Wessing has opted for an all-equity partnership in the UK following a review of its merit-based equity structure, while maintaining a two-tier system outside of the country.
Blackstone Chambers’ Dinah Rose QC and the Guardian have successfully defended a Government appeal to the Supreme Court over the disclosure of secret letters written by Prince Charles to ministers.
Cooley has replaced Edwards Wildman as Amazon’s primary trademark and competition panel firm in Europe following the latter’s merger with Locke Lord.
Mr Justice Eder is stepping down from the bench after just four years to return to arbitration practice at Essex Court Chambers, The Lawyer understands.
39 Essex Street Chambers has dropped the ‘street’ from its name ahead of its move to 81 Chancery Lane in September.
Covington & Burling has hired Bird & Bird partner Grace Chen to join its international employment practice based in Beijing.
Slaughter and May has promoted four lawyers to its partnership in London, boosting its overall female partnership to 22 per cent.
Cravath Swaine & Moore, Kirkland & Ellis and Sullivan & Cromwell have won the lead roles on the multi-billion dollar merger of food giants Kraft and Heinz.
Slater & Gordon’s Paul Daniels has described the month following the ‘fracas’ between Top Gear producer Oisin Tymon and presenter Jeremy Clarkson as a “nightmare” for Tymon.
Stephenson Harwood partner Suzanne Tarplee has been seconded to High Speed Two (HS2) to act as interim general counsel and company as general counsel Betty Morgan has retired.
BBC Top Gear presenter Jeremy Clarkson has instructed Quinn Emanuel Urquhart & Sullivan to represent him in any potential commercial dispute against the BBC for breach of contract.
A “devastating blow” for access to justice: Court of Appeal rejects Law Society challenge over legal aid contracts
The Court of Appeal has rejected a challenge by the Law Society to Government plans that will cut criminal legal aid contracts for duty solicitors.
Pinsent Masons has revealed that it will retain 79 per cent of its spring 2015 qualifying cohort.
The Lawyer will put the seismic changes currently ongoing in the legal market firmly in the spotlight later this year with the launch of a two-day summit and associated awards.
HB Public Law founder and head of legal for Harrow, Hugh Peart, has taken on an additional role as head of legal for Buckinghamshire County Council, effective from 1 April.
Skadden Arps Slate Meagher & Flom has regained top spot in worldwide deal rankings, advising on the greatest volume and value of M&A transactions for the first quarter of 2014, with Freshfields Bruckhaus Deringer maintaining its place at the top of the European and UK table.
Herbert Smith Freehills (HSF) has relocated Asia energy head David Clinch to Singapore as energy partner Richard Nelson departs for US firm King & Spalding.
Addleshaw Goddard has promoted 18 lawyers to partner in its annual firm-wide promotions round, the largest for some years.
Jenner & Block managing partner Terrence Truax has revealed that the firm is in discussions with lateral hire candidates in the UK ahead of its launch in the City this spring.
Chicago-headquartered Jenner & Block has announced it is to launch a London office later this year, becoming the latest in a growing number of US firms to establish a City base.
Berwin Leighton Paisner (BLP) and Landmark Chambers have won roles on the ongoing battle between Gatwick and Heathrow Airports over additional runway capacity for the south-east of England.
Dechert arbitration partner Pierre Mayer is quitting the firm’s Paris office to set up his own practice, citing his reasons for leaving as increasing conflicts of interest and a wish to focus on working as an arbitrator.
Wragge Lawrence Graham & Co has added an infrastructure and projects team from Watson Farley & Williams (WFW) to its Paris office, giving it the ability to compete for francophone African deals.
Cleary Gottlieb Steen & Hamilton and Milbank Tweed Hadley & McCloy have advised on Asia’s largest bond offering so far this year, the $5bn (£3.3bn) bond offering by state-owned Malaysian company Petronas.
US firm Weil Gotshal & Manges has hired Latham & Watkins private equity partner Tim Gardner to join its Hong Kong practice as a partner.
Oil and gas company Afren has drafted in both White & Case and Willkie Farr & Gallagher on a review of its expenses practices, which has led the company to report itself to the Serious Fraud Office (SFO) over fraudulent expenses payments.
Gibson Dunn & Crutcher partner Peter Gray has been found to have deliberately misled the High Court by submitting incorrectly dated evidence in a 2013 case between the Republic of Djibouti and one of its wealthiest citizens, Abdourahman Boreh.
Herbert Smith Freehills (HSF) and Slaughter and May have both expanded and re-launched their flexible working schemes targeting fee-earners in their London offices.
Herbert Smith Freehills (HSF) and Gibson Dunn & Crutcher partner Lord Falconer are the latest names to be added to the roster of lawyers defending Asda against an equal pay claim brought by thousands of female employees.
Crossbench peer and Blackstone Chambers’ silk Lord Pannick has welcomed the Labour Party’s pledge to undo the Coalition’s changes to judicial review, which he said would “weaken” an essential means of holding government and public bodies to account.
Olswang has widened its search for a permanent CEO to include non-lawyers, with the firm engaging a consultancy to look at candidates from the business world.
Morrison & Foerster has posted a 22 per cent fall in London revenue in 2014, dropping from $33.4m to $26m (£17.6m) in 2014.
Barclays’ general counsel for Asia Pacific Simon Croxford is replacing Erica Handling as general counsel for Europe and Middle East (EME) investment.
Berwin Leighton Paisner (BLP) has created its first arbitration practice in Hong Kong by hiring a team of nine lawyers from boutique construction and arbitration firm Haley & Co in Hong Kong, including three of the firm’s four partners.
Allen & Overy (A&O), Linklaters and Herbert Smith Freehills (HSF) were drafted in to advise on the £1.7bn sale of TSB, Britain’s seventh-biggest bank, to Spanish bank Banco Sabadell, which was accepted this morning (20 March 2015).
Labour shadow justice minister Andy Slaughter MP has pledged the party will immediately repeal Lord Chancellor Chris Grayling’s reforms to judicial review if elected in May, but will impose a programme of “more in-depth reform” of its own on the judicial process.
Allen & Overy’s (A&O) US corporate finance head Jim Wickenden has quit the firm, to be replaced by London-based partner Kevin Muzilla.
The Bank of England (BoE) has hired Competitions and Markets Authority (CMA) director of enforcement Sonya Branch to replace Graham Nicholson, who will retire at the end of April.
Linklaters has advised Barclays on the sale of its entire Pakistan business to Habib Bank Limited (HBL) as the bank seeks to dispose of its non-core assets.
Amazon has appointed a new head of employment to its in-house legal team in the UK, just weeks after the distribution giant was accused of “bypassing the law” by offering set lump sums in exchange for staff redundancies.
Former Selborne Chambers head Romie Tager QC has instructed Withers partner Amber Melville-Brown to challenge a tribunal ruling ordering him to pay £1.25m in tax bills to HMRC.
All the latest partner hires and other appointments within Continental European firms and offices.
Latham & Watkins is set to close its Doha office and consolidate its Abu Dhabi and Dubai offices seven years after launching in the region.
Brabners has successfully overturned a Football Association (FA) decision to block an application by its client Hull City Football Club to change its name to Hull Tigers.
Litigation finance company Burford Capital has reported a 35 per cent increase in income for 2014, to $82m up from $60.7m.
CMS Hasche Sigle has become the fourth firm to hire a partner from Clifford Chance in Germany, picking up capital markets partner Wolfgang Richter.
Linklaters and Milbank Tweed Hadley & McCloy have advised on the bumper €6.6bn (£4.8bn) sale of Swedish electricity company Fortum Distribution to a consortium of investors.
The Supreme Court has ruled in a narrow majority verdict that the Government’s policy limiting the amount people can claim in housing benefit is legal.
Mayer Brown has hired US National Security Agency (NSA) general counsel Rajesh De to lead its privacy and security practice from Washington DC.
Barclays has appointed a new general counsel in the US after the departure of Carlos Pelayo from the bank.
King & Wood Mallesons (KWM) and Pinsent Masons have been appointed to UK Payments Administration’s first formal panel.
The former head of Selborne Chambers, Romie Tager QC, is facing a tax bill of £1.25m after a tribunal ruled the silk breached inheritance tax rules following the death of his father.
Freshfields Bruckhaus Deringer has promoted 17 lawyers to partner, as part of a firm-wide promotions round, three of whom are UK based.
Four judges have left office after an investigation into allegations that they watched pornographic material on judicial IT equipment in their offices.
The Co-operative Bank has hired Nationwide Building Society deputy GC Claire Morris as its new head of legal, replacing James Southworth who has returned to Eversheds.
Cooley has hired Reed Smith life sciences partners John Wilkinson and Nicola Maguire to join its London office as partners.
Blackstone Chambers is looking to recruit junior tenants this year after losing a number of its mid-level commercial barristers.
The Lawyer Top 20 cases 2015: Clyde & Co client Glencore to pay $40m to Petrom over crude oil "deceit"
Clyde & Co client Glencore International has been ordered to pay $40m (£27m) to Romanian oil companies Petrom and Petrolexportimport for fraudulently shipping low-quality crude oil to Romania in the 1990s.
Much of the existing analysis of Africa as a legal market has centred on infrastructure projects and natural resources.
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Lawyer News Daily
LND: Ex Leeds Utd chief launches proceedings against Gibson Dunn partner Gray for "exploitation and blackmail"
Former Leeds United managing director David Haigh has instructed Stephenson Harwood to bring a case against his former employers and Gibson Dunn & Crutcher partner Peter Gray