1 November 2004

Man Utd shareholder group calls in Weil Gotshal to fight takeover bid

The Lawyer can exclusively reveal that Manchester United’s shareholder group, Shareholders United, has taken on US firm Weil Gotshal & Manges to help it fight Malcolm Glazer’s takeover bid. The US firm is advising on a pro bono basis. Lovells worked for free for Shareholders United on BSkyB’s failed takeover bid in 1998. Glazer has […]

Sullivan pounces for CC Paris star

The Paris office of Sullivan & Cromwell has scored a massive coup by recruiting Dominique Bompoint from Clifford Chance. Bompoint is one of the most respected corporate lawyers in France. He joined Clifford Chance from Bredin Prat in 2001. “We’re very excited about this. We think he’s the best of his generation,” Sullivan corporate partner […]

Linklaters raids Lovells for finance star Freeman

In a blow to Lovells’ acquisition finance practice, star banking partner Adam Freeman has quit to join Linklaters. Freeman’s resignation was announced to the Lovells partnership last night, but the terms of his exit have not yet been finalised. Freeman’s promotion to the partnership in 2003 formed part of a renewed push by Lovells into […]

DLA boosts fledgling German operation with CC hire

DLA is accelerating its push into Germany with the hire of Clifford Chance corporate partner Dr Martin Schulte. Dusseldorf-based Schulte will join DLA’s growing Cologne office in late November. As first revealed on www.thelawyer.com (21 July), DLA debuted in Germany following a split from its former German ally Goerg Rechtsanwalte. The split saw DLA poach […]

In-house salaries lag private practice, says new survey

The salaries of in-house lawyers are still failing to compete with the amounts awarded to their private practice counterparts. A survey published by the CLO Programme this week revealed that the average basic salary received by general counsel was just £136,820. In stark contrast, this year’s The Lawyer UK 100 revealed that lowest average profit […]

Memery Crystal in three-partner raid on Park Nelson

Memery Crystal has bolstered its commercial property practice with the appointment of three partners from London law firm Park Nelson. Eugene O’Keeffe, Colm Flood and Ruth Deehan have all joined Memery Crystal’s property department as from Park Nelson where they were also partners. The appointments increase Memery Crystal’s commercial property team to five partners, one […]

Hutton Inquiry star quits CC for Field Fisher

Clifford Chance’s Martin Smith has quit the firm where he made his name working on the Hutton Inquiry to join Field Fisher Waterhouse (FFW) as a partner. Clifford Chance’s head of public policy practice Michael Smyth, who sent Smith to work on full-time secondment to the Inquiry, said that he had lost a good lawyer […]

Freshfields offers partnership to lure Shearman capital markets star

Freshfields Bruckhaus Deringer has poached Shearman & Sterling finance counsel Linda Hesse as partner for its Paris office, a rare example of an associate being hired straight into the partnership. The firm took on Linklaters’ banking and restructuring associate Chris Howard in January, its first ever associate hire into the partnership in London. It is […]

CMS signs up Spanish alliance member

CMS has finally plugged a gap in its European coverage after signing Spanish corporate and finance specialists Albinana Suarez de Lezo (ASL) as an alliance member. The firm formally acceded to the alliance late last month will practice under the CMS banner from January 1, 2005. Headquartered in Madrid, ASL has offices in Seville and […]

Field Fisher raids Wragges for real estate lateral

Field Fisher Waterhouse (FFW) has bolstered its real estate department with the appointment of a property finance lawyer from Wragge & Co LLP. William Greig joins Field Fisher as a partner from the London office of Wragge & Co. His arrival comes hot on the heels of the recent hires of property litigator Antony Phillips […]

Revealed: UK firms are world’s best exporters of legal services

Fourteen UK firms contribute 18 per cent of the £29.5bn total revenue of the Global 100; US leaders untouchable on profit The UK’s largest international firms are the most successful exporters of legal services in the world, is the key finding of the first The Lawyer Global 100 2004. Fourteen UK firms made it onto […]

HSBC seeks worldwide fee rate from global panel

HSBC Holdings is demanding a single worldwide rate from firms seeking a place on the bank’s global panel. The bank has told firms that if they win a place on the coveted panel they will automatically qualify to pitch for work outside the UK. It is understood that in return firms must include a common […]

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