Cadwalader Wickersham & Taft has accepted a federal handout to remain in Lower Manhattan, despite earning millions of dollars in profits last year. The firm is being given $5.3m (£3.2m), $1m (£603,000) over 15 years towards its energy costs and potentially $3.2m (£1.9m) if its adds 400 jobs over the next five years under the […]
Voting threshold for expulsion to be lowered as management flexes its muscles Clifford Chance ‘s management, led by managing partner Peter Cornell, is getting tough on its equity partners as it proposes sweeping constitutional changes allowing it greater powers to weed out underperformers. As part of the firm’s partner compensation review, it is believed that […]
Berwin Leighton Paisner , Bird & Bird, Hammonds, Manches and Nicholson Graham & Jones have been appointed to the London Underground legal panel. The firms, which previously did not have relationships with London Under- ground, will work alongside Herbert Smith. As revealed in The Lawyer (11 August), Herbert Smith replaced London Underground’s longstanding adviser Freshfields […]
Interoute has hired experienced Bulldog Comm-unications chief legal officer and general counsel Maurice Woolf, who leaves the telecoms provider after just one year. Woolf succeeds former group legal counsel Richard Hastings, who quit last month to become O2’s UK legal chief. Both share a great deal of experience of insolvency proceedings. Hastings guided Interoute during […]
As B&Q reaches the final stages of its panel review, it has emerged that Gary Shillinglaw, legal head and company secretary of the UK’s leading home improvement retailer, is suddenly leaving the company. The shock departure is thought to have been sparked by an announcement on 17 September by Kingfisher plc, B&Q’s listed parent company, […]
Barclays Capital is again scouring the legal market for new recruits as it takes on Linklaters banking partner Sushma Jobanputra for its structured capital markets group. Jobanputra joined Link-laters in 2000, from Canadian firm Osler Hoskin & Harcourt, as a managing associate before being made up as a partner just last year. Jobanputra will not […]
South East firm ASB Law is facing a £100,000 negligence claim brought by a former client of the firm’s personal injury department. Elaine Fairfax instructed ASB in relation to a claim she brought against hardware retailer B&Q when she hurt her back in one of its stores. ASB won £11,000 in damages and £18,000 in […]
Shadow Attorney General Bill Cash MP has been taken on by Halliwell Landau as a full-time consultant. His remuneration, which he will declare in the House of Commons Register of Members’ Interests when Parliament returns in mid-0ctober, is expected to be substantial, particularly as he has just relinquished a former consultancy arrangement with RadcliffesLeBrasseur.Cash, the Conservative MP […]
Eversheds real estate group has appointed its first partner to be fully devoted to its international practice. Midlands real estate head Tim Webb (left) will hand over to Mary Daunt, who joined last year from Garretts, to focus on building cross-border work with Paris, the US, the Middle East and Asia.
Simmons & Simmons has hired an Allen & Overy associate as a partner in its banking practice. Philip Abbott brings considerable experience of advising financial institutions on real estate finance matters.
Nicholson Graham & Jones has lost its head of employment Jane Liddington to Hextalls. She will join Mark Shulman at Hextalls as the joint head of the employment department. Senior partner Paul Connolly said Liddington’s arrival was another part of the significant growth of the firm in the past 12 months. Emma Vere-Jones
Put off studying law in his youth, Andrew Wren got into porn by accident. He has a starring role too – as company secretary. Emma Vere-Jones reports “I’m a frustrated lawyer,” says Andrew Wren. Given that he’s the company secretary and finance director at Playboy TV UK, it would be too easy to snigger at […]