30 July 2007

Less is more in retention war

Who’d want to be a partner these days? What with various hearings this summer it seems partnership is a poisoned chalice. Who’d want to be a partner these days? What with various hearings this summer it seems partnership is a poisoned chalice. With partnership comes a wad of cash (ask any Slaughter and May partner) […]

Ashurst promotes 14 to counsel position

Ashurst has promoted 14 associates to the position of counsel, the first lawyers to hold the title since the top 10 firm announced the creation of the role in February. Ashurst announced the promotions internally this afternoon (3 August), with the firm’s London headquarters gaining the most counsel, with 10. But the firm’s international network, […]

White & Case poaches Asian Development Bank GC

Asian Development Bank’s (ADB) general counsel Arthur Mitchell has been wooed back to private practice, taking up a role with White & Case in Tokyo. Mitchell, who is slated to join the firm in September, will take on the position of senior counsel and will have a regional focus. He brings with him more than […]

Orrick boosts China with Bakers swoop

Orrick Herrington & Sutcliffe has underlined its commitment to China with the addition of Baker & McKenzie Shanghai corporate partner Thomas Man. Man, who will join the firm’s Beijing office on Monday, marks the sixth partner Orrick has added to its China offices in as many months. Orrick Asia managing partner Christopher Stephens said the […]

Freshfields happy to take a hit

Well, it’s not as bad as it could have been. That was the feeling as a troupe of Freshfields partners made the short walk back to Fleet Street from the Solicitors Disciplinary Tribunal (SDT) today after Barry O’Brien’s conflict of interest hearing. Well, it’s not as bad as it could have been. That was the […]

Arnold & Porter funds reforestation to reduce carbon footprint

US law firm Arnold & Porter has launched an initiative to offset its carbon footprint, partnering with climate change consultancy Carbonfund.org. The project is called the Green Office Initiative and will see the firm give money to renewable energy and reforestation projects in a bid to offset the carbon it burns through business travel. Arnold […]

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Freshfields’ M&S tribunal: O’Brien admits conflict

The Solicitors Disciplinary Tribunal (SDT) today ordered Freshfields Bruckhaus Deringer’s head of corporate finance to pay £9,000 in fines in addition to paying the Law Society’s costs for breaching the solicitors’ code of conduct. Barry O’Brien, advised by Ashurstlitigation head Ed Sparrow, entered an open plea on 27 July admitting a conflict of interest and […]

Jones Day and Olswang bag gambling IPO

Jones Day has cemented its relationship with investment bank Collins Stewart, advising it as nominated adviser and broker on WorldSpreads Group’s AIM listing. Capital markets partner Giles Elliot and associate Sebastian Orton led the team acting for the bank. Most recently, the firm advised the bank on the listing of telecoms company First Communications, though […]

OFT verdict sparks class action against BA

US law firm Cohen Milstein Hausfeld & Toll has kickstarted class actions in the US and the UK against British Airways (BA) and Virgin Atlantic for their roles in the price-fixing cartel. The news comes as Slaughter and May, which was flown in to advise BA on the UK and US investigation into price-fixing allegations, […]

Summertime, and making a living is easy

Summer has arrived and, while we were all looking forward to long, boozy lunches with oh-so-important clients/friends, the unrelenting deal market has gone and thrown a spanner in the works. At a time when lawyers are supposed to be sunning themselves in the Bahamas, the deal flow just keeps coming. Summer has arrived and, while […]

Freshfields’ Jones escapes M&S conflict hearing

Freshfields Bruckhaus Deringer corporate partner Barry O’Brien will face the Solicitors Disciplinary Tribunal (SDT) alone tomorrow after head of corporate Tim Jones was dropped from the conflict of interest hearing. It is understood that Jones earned the reprieve following a last-minute decision by the Solicitors Regulation Authority to withdraw its complaint. O’Brien and Jones were […]

US heavyweights seal Murdoch’s Dow Jones acquisition

A raft of firms has had a hand in ensuring News Corporation’s much-anticipated acquisition of Dow Jones was successful. Fried Frank Harris Shriver & Jacobson corporate partners Art Fleischer and Philip Richter advised Dow Jones on the $5.6bn (£2.75bn) acquisition. Non-family members of Dow Jones’s board of directors turned to Simpson Thacher & Bartlett partners […]

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