13 September 1999

1

Richard Parlour

Sean Farrell meets Richard Parlour, the entrepreneur and Territorial Army enthusiast who just joined as a financial services partner at Richards Butler Ask a lawyer what they do in their spare time and the stock reply is almost always: “With work and family, I haven’t got any spare time.” However, Richard Parlour, Richards Butler’s newly-recruited […]

New additions to the family

Family law covers a broad practice range, from the divorce of Mr and Mrs Average to international child abduction. But judging by the competition for work, the sexiest area is big-money settlements. A large chunk of this work is divided between the magic circle family lawyers, an elite group who are distinguished, says one member, […]

Jeremy Kosky reports on a billion-dollar family row

Jeremy Kosky is a litigation assistant at Clifford Chance, which is acting for Heini Junior in the case. Norton Rose is acting for the trustee and protector. A storm is raging in Bermuda over the validity of a billion-dollar trust set up in 1983 by Swiss Baron, Heini Thyssen-Bornemisza. The trust holds the shares in […]

Councils must pay mental health bill

Many local authorities throughout the country face having their budgets thrown into disarray by a new High Court ruling over funding of accommodation for discharged mental patients. Mr Justice Sullivan has ruled that authorities are not entitled to insist on discharged patients paying for the accommodation it is stipulated they must live in as a […]

In brief: Salans Hertzfeld

Salans Hertzfeld & Heilbronn, the transatlantic law firm, has taken over the five-partner Azerbaijan firm, Wicklow Group in Baku. This will form Salans’ fifth office in the former Soviet Union. Alum Bati, Wicklow’s managing partner, has been made a Salans’ partner and heads the new office.

Addleshaws raids Paisner & Co in bid to triple London partners

Addleshaw Booth & Co has poached its second partner from Paisner & Co in just six months. Margaret Tofalides is following in the footsteps of her colleague Simon Twigden, who will now head Leeds-based Addleshaws’ London office. Tofalides, who has been at Paisners in the capital for 11 years, will join Addleshaws today as an […]

Punders partners to get 50 per cent pay rise

The merger between Clifford Chance and Punder Volhard Weber Axster will result in a 50 per cent pay rise for the German partners, The Lawyer can reveal. Punders’ profits per partner are understood to be around £400,000 – two-thirds of Clifford Chance partners’ earnings. But once the merger is complete all profits will be split […]

The Lawyer Inquiry: The Lawyer Inquiry

Phillip Taylor was born in Amersham, Buckinghamshire in 1954. He is head of chambers at Richmond Green Chambers. What subject(s) did you fail at school? Metalwork. What was your first job? Petrol pump attendant. What was your first ever salary as a lawyer? None. I’ve always been self-employed as a barrister. What would you have […]

It's been a good week for…

Media hype. PR supremo Max Clifford is masterminding a media campaign for Norfolk farmer Tony Martin, who stands accused of murdering a 16-year-old youth who he suspected of burgling his house. Clifford is working free of charge because he supports Martin’s cause, and says he has been approached by solicitors “hundreds of times” to work […]

An equitable ruling?

Sir Richard Scott’s ruling that Equitable Life’s directors acted lawfully when setting discretionary payouts may be good law, but it is not necessarily good for policy holders or the insurance business. Scott found that the directors had acted within their powers but pointed out that Equitable Life had done little to tell policyholders of the […]

Financings

Eversheds advised building society syndicate Mutual One on a finance deal to enable De Montfort University to invest £12.5m on its campus. Judith Gershon (pictured)

Financings

Simmons & Simmons advised MediDesk on its £6.25m capital raising

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