22 May 2006

Animal rights activists lose University case

Tim Lawson-Cruttenden, the scourge of animal rights activists, has won another victory for Oxford University against protestors seeking to disrupt the construction of a new biomedical research centre. This morning Mr Justice Holland (26 May) granted an extension to an injunction against activists demonstrating opposite the site. Holland J said the exclusion zone around the […]

SABMiller appoints Lovells veteran as new GC

Lovells has been rocked by the departure of veteran corporate partner John Davidson to key client SABMiller. Davidson, Lovells’ relationship partner for SABMiller, joins the brewery group as company secretary and general counsel. He replaces current company secretary Andrew Tonkinson upon his planned retirement in August. Davidson’s departure from Lovells was announced internally today (26 […]

Ofcom chief exec Carter quits

Ofcom’s chief executive Stephen Carter has stepped down from his role, the Ofcom board has announced. Carter, who left NTL in 2003 to join the new regulator, has resigned from the position effective 15 october 2006. He will continue to lead on all operational and financial matters until his leaving date, but from 1 August […]

TfL takes new GC from GLA

Transport for London (TfL) has appointed Greater London Authority (GLA) head of legal Howard Carter as its new general counsel. Commissioner for transport Peter Hendy announced Carter’s appointment, and he will take up his new post from September. TfL is part of the GLA Group. Hendy said: “Howard will be responsible for advising the TfL […]

WFW breaks the £50m revenues barrier

Revenues at Watson Farley & Williams have broken through £50m mark for the first time. Revenues at Watson Farley & Williams have broken through the £50m mark for the first time. Gross fees for the 2005-06 financial year reached £53.5m, a rise of 9.5 per cent. Average profit per equity partner at the shipping, energy […]

Enron executives found guilty

Former Enron chief executives Ken Lay and Jeffrey Skilling have been found guilty of fraud. Lay, 64, and Skilling, 52, were charged with hiding the weak financial condition of the energy company that collapsed into bankruptcy amid a wave of accounting scandals in December 2001. Lay was convicted on all six counts, while Skilling was […]

LeBoeuf scoops Linklaters project partner

LeBoeuf Lamb Greene & MacRae has made another lateral hire, recruiting a Linklaters partner into its project finance practice. Linklaters project finance partner Scott Brodsky’s departure from the magic circle firm coincides with its record £1.06m profit per equity partner announcement, as first revealed on www.thelawyer.com (19 April) LeBoeuf’s recruitment follows that of insurance litigator […]

Bristol’s TLT records 42 per cent PEP increase

TLT Solicitors has become the first of the Bristol-headquartered firms to announce its financial results and it has had a remarkable year. Provisional PEP shot up 42 per cent to £300,000 from last year’s £210,000 while turnover increased by 34 per cent to £28.75m up from £21.5m. Managing partner David Pester told The Lawyer: ““TLT’s […]

Kirkland draws up plans for Hong Kong launch

Kirkland & Ellis is hoping to launch an office in Hong Kong within a year, although the ambitious plans are still subject to regulatory approval. London-based private equity partner David Eich is expected to relocate to Hong Kong to head up the new office. He told The Lawyer that the Chicago-based firm had not yet […]

Pannone’s profit flat after year of investment

Pannone has exceeded its turnover target for 2006, bringing in £39m for the last financial year after heavy recruitment. The result is an increase of 16 per cent from last year’s figure of £33.5m. Managing partner Joy Kingsley said that while the North West firm had not yet finalised profits, Pannone’s average profit per equity […]

Irwin Mitchell’s year-end reveals solid year

Irwin Mitchell’s turnover has grown by nine per cent to £111m after a consistent performance across the firm. However Irwin Mitchell is expecting profit margins to remain static at about 23 per cent. Managing partner Howard Culley told The Lawyer: “We’ve gone forward on all fronts. It was a satisfactory year.” The firm has also […]

Freshfields loses first German competition partner

Freshfields Bruckhaus Deringer has lost a German competition partner to the Brussels office of US firm Howrey. From June, Marc Reysen, will join Howrey’s Belgian operation. According to German magazine JUVE, the lawyer is the first partner from Freshfields’ large German competition practice to move to another firm. Reysen specialises in M&A competition law. Recent […]