Real Estate

Public sector to feel the pinch as Government tackles deficit

By Claire Ruckin | June 16, 2010

Interesting, challenging, tough - words everyone working in the private sector has become used to over the last two years. But its now the turn of lawyers covering the public sector to dig up the austerity-related euphemisms as the new coalition Government pushes on with its plans to reel in the UK's yawning budget deficit. As Paul Gilbert, chief executive of consultant LBC Wise Counsel, comments: "The private sector and big corporates have been through high-profile redundancies and cuts - now it is the public sector's time to see the squeeze."

1 minute read

Justice Secretary Ken Clarke takes role as international anti-corruption champion

By Suzi Ring | June 15, 2010

Justice Secretary Kenneth Clarke has been named as the UK's new international anti-corruption champion, suceeding former incumbent Jack Straw. The move comes as the new coalition Government attempts to address the effects of international corruption on the country's economy.

1 minute read

MoJ says Legal Services Act rollout on track despite Cable review

By Claire Ruckin | June 10, 2010

The Ministry of Justice has denied that the implementation of the Legal Services Act (LSA) is to be delayed after Business Secretary Vince Cable launched a review of excessive regulation. Cable launched the Reducing Regulation Committee earlier this month (2 June), with the intention to review the Labour administration's pipeline of reforms and curb 'excessive regulation'. The body, which will be chaired by Cable, was termed by the Government as a 'Star Chamber" charged with reducing regulation.

1 minute read

Linklaters set for next stage of £3.5m claim as defendants grow to five

By Claire Ruckin | June 9, 2010

Linklaters is gearing up to fight a £3.5m court battle in the autumn against five defendants over issues relating to the maintenance of its City HQ. Following a recent ruling (21 May), the magic circle law firm's original claim against construction and civil engineering company Sir Robert McAlpine and its holding company will now include a total of three additional parties.

1 minute read

Cabinet Office releases details of top-earning public lawyers

By Sofia Lind | June 2, 2010

A number of high-flying public sector lawyers have seen their pay packages disclosed this week (31 May) after the Cabinet Office issued a list of civil servants earning more than £150,000. First parliamentary counsel Stephen Laws is among those with the highest public income, falling into the pay bracket £225,000-£229,999. Laws, a qualified barrister, joined the Office of the Parliamentary Counsel in 1976.

1 minute read

Linklaters names former World Bank lawyer as new Paris office head

By Suzi Ring | June 1, 2010

Linklaters has appointed Paul Lignieres as the new managing partner of its Paris office as litigator Arnaud de La Cotardiere steps down after 18 months at the helm. Lignieres, whose four-year term began on 27 May, will carry out the brief alongside his existing role as co-head of Linklaters' global infrastructure and construction group and head of its Paris public law group.

1 minute read

Regional development agencies early victims of public spending cuts

By Sofia Lind | May 26, 2010

Sweeping curbs on public spending are set to have an early impact on the legal sector, with the Government this week announcing deep cuts in regional development agencies (RDAs) as part of an initial £6.2bn round of cuts. England's nine RDAs will lose £270m this year - roughly 20% of their budget.

1 minute read

Mishcons adds real estate partner with LG hire

By Jeremy Hodges | May 10, 2010

Mishcon de Reya has turned to LG for its latest hire, bringing in senior associate Jonathan Legg as a partner to boost its real estate tax group. Legg, who joins Mishcons today (10 May), has a corporate tax practice focusing on property investment, development, finance and funds work.

1 minute read

Magic circle firms lead on €1bn Russian PPP

By Friederike Heine | May 5, 2010

Freshfields Bruckhaus Deringer and Clifford Chance (CC) have scored roles on a €1.1bn (£955m) Russian public-private partnership (PPP) that will see the construction of a new terminal at St Petersburg's Pulkovo Airport. Freshfields advised the sponsors on the deal with a team led by London-based infrastructure and transport partner Alex Carver, alongside associates from the firm's London and Moscow offices.

1 minute read

Cleary and Linklaters advise on $5.5bn Russian Government bond

By Suzi Ring | May 5, 2010

Cleary Gottlieb Steen & Hamilton and Linklaters have advised on the Russian Government's $5.5bn (£3.6bn) bond, the state's first visit to the capital markets since the emerging market crisis of 1998. Cleary's team for the Russian Government included partners David Sabel handling litigation and arbitration matters, David Gottlieb for M&A and capital markets and litigator Simon Ovenden.

1 minute read

Daily Business Review

How to Overcome the Unique Challenges of the Small Business Owner

By Whitney Dutton | September 28, 2022

A pivotal hump for business owners is to get to the point where you can hire staff to handle admin tasks to allow you to focus on incoming-producing activities.

6 minute read

New York Law Journal

Realty Law Digest

By Patricia Kane | September 27, 2022

In this week's Realty Law Digest, Scott Mollen discusses "Miyamoto v. Bank of America," where a reverse mortgagor's lawsuit was only partly dismissed, and the court held that the negligence claim can proceed against Bank of America; and "Mitchell v. Jackson," where non-monetary obligations under the lease were held to sufficiently establish consideration.

14 minute read

New York Law Journal

Midsize Firms Have Been Boosted by Real Estate, Litigation Practices

By Andrew Maloney | September 27, 2022

"Those all being in the black offset a lot of M&A and bankruptcy," says Thomson Reuters analyst Bill Josten.

5 minute read

New York Law Journal

Tribal Fishing Rights on Trial in the Second Circuit

By Anthony S. Guardino | September 27, 2022

Following a decision in late August by the U.S. Court of Appeals for the Second Circuit, three members of the Shinnecock Indian Nation will have the opportunity to challenge state restrictions on their right to fish in Shinnecock Bay.

9 minute read

Daily Business Review

Residents Urged to Evacuate from 'Vulnerable' Areas

By Jim Turner | September 27, 2022

Power outages are expected across the state in the coming days. Utilities have more than 28,000 workers on standby, including crews coming from other states.

3 minute read

New York Law Journal

Real Estate Attorney David Clurman, Who Fought Corruption on Broadway for NYAG's Office, Dies at 95

By Andrew Denney | September 27, 2022

Through his lengthy career, Clurman worked in both the private and public sectors and penned a number of legal volumes.

4 minute read

New York Law Journal

Report: For Now, Midsize Firms Are in an Enviable Position

By Andrew Maloney | September 26, 2022

Firms outside of the Am Law 200 have increased demand, stemmed productivity declines and fared well in the face of lawyer attrition, according to analysts at Thomson Reuters.

5 minute read

Daily Business Review

Sixth Florida Property Insurer Declared Insolvent

By Jim Saunders | September 26, 2022

The filing was another sign of trouble in Florida's property-insurance system.

4 minute read

The American Lawyer

Midsize Firms Have Been Boosted by Real Estate, Litigation Practices

By Andrew Maloney | September 23, 2022

"Those all being in the black offset a lot of M&A and bankruptcy," says Thomson Reuters analyst Bill Josten.

5 minute read

Law.com

How I Made It to Law Firm Leadership: 'Make the Effort to Get to Know Those in Current Leadership,' Says Jennifer Slone Tobin of Shutts & Bowen

By Tasha Norman | September 23, 2022

"Embrace leadership challenges, encourage growth in others, and focus on the big picture."

6 minute read