9 May 2005

Pact brokered for NY firms to disclose diversity record

More than 60 US firms have agreed to reveal their diversity profile to clients after a pact brokered by the New York County Lawyers’ Association. A raft of firms from the US 100 have agreed to provide their corporate clients with information on minority staffing, according to reports in New York Lawyer today (13 May). […]

Sumption outwits Grabiner in battle of the urns

Brick Court Chambers’ joint head Jonathan Sumption QC has won the first battle of 2005 against old rival Lord Grabiner QC, head of chambers at One Essex Court. Sumption was acting for auction house Christie’s in its appeal against a May 2004 decision of Mr Justice Jack in a case brought by art collector Taylor […]

Nauta Dutilh scoops P&O Nedlloyd acquisition

Slaughter and May best friend Nauta Dutilh and Clifford Chance have landed the lead roles on the potential multi-billion pound offer by leading Danish shipping group Möller-Maersk for Royal P&O Nedlloyd. Maersk, advised by Clifford Chance, is expected to offer 2.3bn euros in cash for P&O Nedlloyd, the world’s third world’s third largest container shipping […]

Monckton Chambers adds duo

Leading competition and public law set Monckton Chambers has added two new tenants including a Scottish silk. Heriot Currie QC, previously a member of Flynn Stable in Edinburgh, has a wide commercial practice including intellectual property cases. He also acts in local government cases, particularly in regard to property-related issues. Currie was appointed silk in […]

CC lands Barclays instruction on £2.9bn SA bank acquisition

Clifford Chance is celebrating after landing the lead role advising Barclays Bank on its biggest ever foreign acquisition. The magic circle firm, which is on Barclays legal panel, is advising the bank on its £2.9bn recommended acquisition of South African bank ABSA. The much anticipated deal, which was finally announced on Monday (9 May), will […]

Holman Fenwick bolsters partnership by five

Holman Fenwick & Willan has promoted five associates to partner, boosting practice areas across the board. All five of the new partners are based in London, but come from across the firm’s practice areas. Jim Cashman is qualified as a master mariner as well as a solicitor and specialises in wet shipping work including salvage […]

Spending spree leaves Law Society £6.4m down

The Law Society reported a £6.4m loss for 2004, it emerged today as the solicitors’ body published its annual accounts. The society’s income – from practising certificate fees, investments, and other sources – totalled £86.6m, up nearly £11m from 2003. But expenditure rose by a massive 24.5 per cent from £74.7m to £93m in 2004, […]

University of Haifa instructs Mishcons in libel fight with AUT

Mishcon de Reya has garnered a new instruction from the University of Haifa in its dispute with the Association of University Teachers (AUT). On 22 April the AUT agreed on a boycott of the University of Haifa and the Bar-Ilan University, claiming that the universities and other Israeli academics and institutions were complicit in suppressing […]

Serle Court adds two new tenants

Commercial and chancery set Serle Court has taken on two new tenants i. Commercial junior Geraldine Clark joins the chambers from 4/5 Gray’s Inn Square. She specialises particularly in insurance/reinsurance, shipping and fraud cases and is qualified as a mediator. Her arrival brings the number of mediators at Serle Court to 10. Meanwhile David Casement, […]

A&O names new Beijing head

Allen & Overy (A&O) has appointed dispute resolution specialist Peter Thorp as the new managing partner of the magic circle firm’s Beijing office. Thorp has more than 10 years of experience in dispute resolution, mergers and acquisitions and projects both in the People’s Republic of China and in Europe. He was recently appointed to the […]

Pinsent Masons add 19 to partnership

Pinsent Masons has made up 18 new partners in its first round of partner promotions since the recent merger of legacy firms, Pinsents and Masons. Of the promotions nine new partners are based in London taking the number of partners in the firm’s Clerkenwell and City offices to over 100. Meanwhile, the firm has made […]

UK mid-market firms post record rises in PEP figures

BLP smashes targets with thirty-four per cent PEP hike to £570K; magic circle growth modest The latest preliminary figures from the UK’s biggest practices show that the mid-market firms are continuing to record rises in revenues and profit per equity partner (PEP) – and that lockstep is all but dying out. Both DLA Piper Rudnick […]

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