No fee-earner in their right mind is going to say they don’t want the sort of pay increases that have recently been announced by certain firms. We could all do with a little extra money. But in firing the opening salvos in the latest round of knee-jerk pay hikes, firms are storing up ‘double-trouble’ for […]
It has emerged that neither Mr Justice Tomlinson nor the Bank of England were aware that the liquidators of the Bank of Credit & Commerce International (BCCI) were planning to discontinue their 12-year claim until it was revealed in Court this morning. The news that the case had collapsed prompted the Bank of England’s lead […]
Linklaters has continued its New York hiring spree, capturing capital markets specialist Adele Hogan from Cravath Swaine & Moore. Hogan will join Linklaters partnership once registration formalities are completed. She moves across from Cravath’s New York office, where she was a senior attorney specialised in debt and equity offerings across the financial, telecommunications, oil and […]
Clifford Chance’s regional head of litigation and dispute resolution in Asia is returning to the firm’s London office. Denis Brock will return to the UK next year and will be succeeded by Martin Rogers towards the end of 2005. Brock will continue be involved in the business of the Asia region including its insurance practice. […]
Linklaters has won the mandate to advise the Department for Transport on the Crossrail project. Linklaters projects partner Fiona Hobbs will lead the team, which will also consist of projects partner Charlotte Morgan, environment and planning partner David Watkins, property partner Anne Minogue and competition partner Gavin Robert. Hobbs said: “This is a landmark development […]
Finers Stephens Innocent has recruited corporate partner Paul Glassberg from Lewis Silkin. Glassberg is Finers’ second lateral hire in the space of a month. Property partner Mark Johnstone recently joined from US firm Kilpatrick Stockton. Glassberg has experience in private equity and M&A, and undertaking corporate transactions for clients in the property sector. Finers has […]
A row is brewing over the cost of the collapsed Bank of Credit and Commerce International (BCCI) trial, with each side blaming the other for the time and money spent fighting the case. As first revealed by The Lawyer earlier today (2 November) the Chancellor of the High Court, Sir Andrew Morritt, directed that the […]
Secretary of State for Constitutional Affairs and Lord Chancellor, Lord Falconer has urged solicitors to become judges in an effort to boost judicial diversity. The government is working with the Law Society and leading law firms on a series of initiatives aimed at promoting solicitors to the judiciary. Kevin Martin, the Law Society President said: […]
McDermott Will & Emery has hired Attila Bodi as a corporate partner in the firm’s New York office from mid-size Manhattan firm Golenbock Eisman Assor Bell & Peskoe. Bodi will focus on M&A and securities law compliance. He was counsel at Golenbock and had previously spent 10 years in M&A at Skadden Arps Slate Meagher […]
French independent Ginestié Magellan Paley-Vincent & Associés is launching an academic team with the hire of law professor François Testu as a partner. Testu is currently a professor in business, competition and IP law at the university of Tours, but joins Ginestié on 1 November along with two associates. Managing partner Françoise Ciaudo-Ginestié said the […]
The epic and costly court battle between the Bank of Credit and Commerce International (BCCI) and the Bank of England sensationally ended this morning when the Chancellor of the High Court held it was “no longer in the best interests” of creditors for the litigation to continue. The liquidators, Deloitte, have served a notice of […]
Field Fisher Waterhouse (FFW) has snapped up Reynolds Porter Chamberlain’s Jill Greenfield as partner to strengthen its personal injury and clinical negligence department. Greenfield will build a brain and spinal injury unit that will expand the department’s expertise in industrial disease, medical negligence and transport disaster work. Greenfield has specialised in claimant personal injury claims […]