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December 15, 2008 |
CMS Cameron McKenna has overhauled its international partnership structure, scrapping the rank of partner in its offices across Central and Eastern Europe (CEE). Eight CEE partners will take up a new salaried 'international manager' rank - bringing them in line with the rest of Camerons' international offices. The decision means the firm has effectively axed the partner rank outside of the UK.
By Charlotte Edmond
1 minute read
December 15, 2008 |
SJ Berwin managing partner Ralph Cohen and senior partner Jonathan Blake are to be reappointed to their respective roles after no candidates came forward to challenge them. Cohen and Blake will each take up a second three-year term from 1 May, 2009, after the official nomination period closed on Friday (12 December) with no other names coming forward.Blake was voted in as senior partner in 2005, replacing David Harrel. Both Cohen (pictured) and competition head Stephen Kon also stood for the role.
By Charlotte Edmond
1 minute read
December 15, 2008 |
New proposals from the Solicitors Regulation Authority (SRA) could lead to the relaxation of conflicts rules. Proposed amendments to the Solicitors' Code of Conduct 2007, released by the SRA last week (11 December), could see an increase in the number of circumstances in which law firms are permitted to act for sophisticated clients with conflicting interests. The suggested changes to rules three and four, covering conflicts of interest and duties of confidentiality and disclosure respectively, also see the SRA moving to increase the circumstances in which information barriers can be used.
By Charlotte Edmond
1 minute read
December 11, 2008 |
A group of high-profile legal figures including Linklaters senior partner David Cheyne and Simmons & Simmons managing partner Mark Dawkins have questioned the effectiveness of the Law Society as a single regulator. The issue is one of a number raised in the first - and only - report from the Government's high-level Professional Services Global Competitiveness Group, which is expected to be released later this month.The group, which also includes Skadden Arps Slate Meagher & Flom European managing partner Bruce Buck and Clifford Chance senior partner Stuart Popham, as well as senior members of the accounting profession, was appointed in September to champion the professional services sector and come up with recommendations to ensure that the UK is not at a competitive disadvantage to other countries.
By Charlotte Edmond
1 minute read
December 10, 2008 |
Field Fisher Waterhouse managing partner Moira Gilmour has been re-elected to lead the firm for a second term. Gilmour, who has been managing partner of the firm since April 2006, stood unopposed for the position, which she will hold for another three years.Before replacing Colin McArthur in the management role, she headed Field Fisher's real estate practice - a role now filled by Paul Houston.
By Charlotte Edmond
1 minute read
December 10, 2008 |
Speaking to your average M&A lawyer can be quite depressing these days. With no deals on the horizon this side of Christmas and banks not cutting any slack on financing, many partners are down in the doldrums.But not so for the private client lawyer. Tightening tax laws and falling oil prices mean more work for wealth management specialists. Despite a general downturn in activity in pretty much every sector bar litigation and restructuring, the private client arena has remained one of the more resilient to market fluctuations.Of course, much of this work, with the exception of the occasional high-profile divorce settlement, gets little press attention. And while the sector prides itself on client discretion, internally at least many partners are finding themselves in the limelight as one of the few remaining profitable practices in many firms.
By Charlotte Edmond
1 minute read
December 10, 2008 |
Manches has appointed a new head of employment, with the recruitment of Tom Walker as a partner. Walker joined Manches last month from personal injury and litigation specialists Colemans-ctts, where he was a partner. Prior to joining Colemans in 2005, was a partner at Brachers, which he joined in 1999 from Frere Cholmeley.Walker's areas of expertise include sex discrimination and covenants in restraint of trade. Recently, he sat as an independent chairman for internal regulatory hearings at NHS Trusts. He has also worked on a number of whistle-blowing and discrimination claims.
By Charlotte Edmond
1 minute read
December 5, 2008 |
Weil Gotshal & Manges City managing partner Mike Francies, Freshfields Bruckhaus Deringer financial institutions co-head Will Lawes (pictured) and Slaughter and May corporate heavyweight Charles Randell are among a string of high-profile lawyers to land a mention in the 2009 edition of Who's Who.
By Charlotte Edmond
1 minute read
December 4, 2008 |
Linklaters' high-profile role on Lehman Brothers' administration is set to become one of most lucrative mandates in European legal history with the City giant now regularly billing more than £1m a week.The magic circle firm has confirmed that its role advising UK administrator PricewaterhouseCoopers (PwC) is currently engaging "several hundred" of its fee earners.PwC itself has already confirmed that its 300-strong Lehman team is generating weekly fees of £4m. Legal counsel typically generate between a third and half of the fees of administrators, suggesting a fee level for Linklaters of more than £1.25m a week.In addition, partners at another law firm involved with Lehman's administration have indicated the complexity of the mandate means that Link-laters' fees have approached the $800,000 (£533,000) to $1m (£666,000) mark on busy days.The level of fees means that Lehman is almost certain to surpass the size of previous big ticket UK insolvency mandates such as the restructuring of British Energy, which generated more than £25m in fees for Clifford Chance by the time it completed in 2005.The Linklaters team, which is thought to include more than 20 partners, is being led by restructuring chief Tony Bugg and banking partners Richard Holden and David Ereira.The magic circle firm has confirmed that its role advising UK administrator PricewaterhouseCoopers (PwC) is currently engaging "several hundred" of its fee earners.
By Charlotte Edmond
1 minute read
December 3, 2008 |
Slaughter and May and SJ Berwin have landed leading roles as British Airways (BA) and Qantas enter into merger talks. Slaughters M&A head Stephen Cooke has taken the lead for regular client BA which confirmed yesterday (2 December) that it was exploring a potential merger with Qantas via a dual-listed company structure.
By Charlotte Edmond
1 minute read
The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania and Delaware.
Consulting Magazine recognizes leaders in technology across three categories Leadership, Client Service and Innovation.
Celebrate outstanding achievement in law firms, chambers, in-house legal departments and alternative business structures.
We are seeking an associate to join our Employee Benefits practice. Candidates should have three to six years of employee benefits experienc...
Associate attorney position at NJ Immigration Law firm: Leschak & Associates, LLC, based in Freehold, NJ, is looking for a full time ass...
Seeking a compassionate and experienced estate administration attorney for growing boutique estate planning and elder law practice. Huge eq...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS