4 Mar 2013

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Analysis on Bracewell & Giuliani and the shale gas market: The fracking truth

US energy law specialist Bracewell & Giuliani’s desire for a pole position in UK shale is fuelling a boost of its City operations Things can move fast in the energy sector. In 2011 shale gas drilling at three exploratory wells near Blackpool sparked a couple of minor earthquakes and a moratorium on exploration in the […]

Cat Griffiths index
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From New York Mayor to over here

The grandest lawyers you meet as a legal journalist are almost always from New York, usually from firms that fetishise oak panelling and corner offices. Meeting Rudy Giuliani, however, was a surprisingly unstuffy experience; even his security detail cracked the odd smile. Giuliani, who most of us know better as the former Mayor of New […]

barrister

The silks get screened

Silk appointments slipped to an all time low last week with just 84 being appointed in the 2012/13 round. The 183 applicants are required to fill in a tough 70-page application pack, no mean feat. The Lawyer quizzes five successful applicants on why they chose to become silk and who helped them become a top […]

Antony Townsend index

SRA defends ABS authorisation delay

SRA tells LSB what it thinks of being criticised over plodding ABS process Waiting is one of life’s hardships, so says Lemony Snicket, a character in children’s book The Reptile Room. This may strike a chord with firms in the slow-moving queue for an alternative business structure (ABS) licence. So is it a Series of […]

City

Osborne Clarke moves HQ to London

After 25 years Bristol-born Osborne Clarke calls London office home Osborne Clarke (OC) long had to ward off accusations that, as a Bristol firm, it was underweight in the City and had little chance of competing with upper mid-market corporate beasts with HQs firmly in the Square Mile. But lateral hires, running at around 10 […]

British Land

British Land takes first steps towards legal panel

FTSE 100 property giant warms to more formal way of instructing firms Being a FTSE 100 company without a general counsel says much about British Land (BL), one of the UK’s largest property companies. Rival Land Securities is only about 30 per cent bigger by market capitalisation but has a full-blown in-house legal team with […]

John Raimbach

The Lawyer Management: Goodman Derrick

John Raimbach is the director of finance at Goodman Derrick. He was previously the business and finance manager for international capital markets at Allen & Overy and, before that, chief finance officer at Baker & McKenzie Tell us a bit about your background? I have been around the block a few times and have scars […]

Notebook Graph 040313
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Mayer Brown posts falling turnover

Can Mayer Brown stem the flow of staff after disappointing results? Last week The Lawyer compared US firms’ financial results with a ballooning cake. This week, that cake looked more like a collapsed chocolate fondant. Mayer Brown played the part of the gooey bit in the middle, with both partner profits and turnover sliding to […]

Roads
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More roads lead to law

Lord Sumption’s assertion that to be the best, lawyers should not study law, is gaining acceptance among law firms Around 40 per cent of lawyers now come from a non-law background and the demand for a legal career from career changers or other graduates shows no sign of slowing. Academic knowledge is not the only […]

city

Spring tide

Clifford Chance again tops the global project finance rankings by deal value. It’s been a pretty rotten time for the sector, but events such as the Arab Spring are giving things a push It is a bit of a stretch to say that completing 47 transactions worth $36.3bn (£24bn) in a year is slim pickings, […]

Judgment Call: 4 March 2013

Defamation Makudi v Triesman. [2013] EWHC 142 (QB). Tugendhat J. 1 February 2013 Evidence of corrupt practices in regard to the bid for the 2018 World Cup given by an MP to a select committee was covered by absolute privilege and discussions he held with counsel appointed by the FA, and counsel’s subsequent reports, were […]

Nick Lloyd index

Let there be clarity over light

Statutory test for rights of light will not make dispute outcomes any more predictable than they are now The Law Commission has done what most people thought it would not – propose the abolition of future prescriptive rights of light. But, just how radical are the proposals? The commission’s report (8 June 2011) recommended replacing […]

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