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June 2007 Archives
Another first for shell-shocked LBO advisers
1/06/2007
More cause for horror among conservative acquisition finance lawyers still reeling at the topsy-turvy deal lending that is seeing banks rapidly ditch their traditional rights to secure business.Research out this week from the Bank of England shows that UK banks...An unnecessary risk
4/06/2007
'Concurrence' is an unwieldy concept for the Government and legal profession to publicly lock horns over but it has happened.Perhaps 'independence' rather more succinctly describes the tangle at the centre of the letter written on 1 June by Bar Council...Freshfields’ messy M&S tribunal becomes a blame game
7/06/2007
It has been going on for so long that it is easy to forget where the disciplinary tribunal of two of Freshfields Bruckhaus Deringer’s top corporate lawyers is at (see story).The cynic would say the Law Society was at one...Addleshaws statement of intent exposes rivals’ crude calculations
8/06/2007
Mark Jones, Addleshaw Goddard’s managing partner, is not a man prone to hyperbole or marketing guff, so it is unsurprising that he spoke to Legal Week of the firm’s recent salary review in such measured tones.But there is no doubt...Bursting REIT bubble brings property lawyers back down to earth
11/06/2007
The collapse of the Vector Hospitality's £2.64bn flotation has given a shock to property lawyers, who in recent years have become used to the continuing upward spiral of the UK real estate market.More worryingly, lawyers are rethinking the prospects for...A glimpse of the future
12/06/2007
Calling all partners. If one of your expensive gadgets breaks down, don’t - for Pete’s sake - call the head of IT.Delegates at the Legal Week Strategic Technology Forum in Portugal last week were at pains to point out that...BSB shows it has a plan B
12/06/2007
So now they tell us. Until recently any suggestion that the Bar’s rules might be just a tad restrictive were met with howls of protest by the Bar Council. If it wasn’t evoking the imminent prospect of the UK becoming...Legal Week 2.0
14/06/2007
Legal Week (the magazine) gets a makeover this week, largely to reflect the amount of reader-generated copy that legalweek.com now attracts.There will be just as much original copy as before in the print edition but the new look will give...Wild card Weil Gotshal deals trump card on salaries
15/06/2007
Weil Gotshal certainly doesn’t mess about, or at least not this year. Just when the drama looked like it has gone out of the current City pay round, the US-based firm announced that it is raising its pay bands by...A tale of two Cities
20/06/2007
Handy to get confirmation of the SJ Berwin's profits and turnover and the financial results of Lawrence Graham – sorry, LG – on the same day. The simultaneous announcement makes it easy to compare two mid-market firms that not that many...Talk of Eversheds’ highland fling still echoes round the valley
22/06/2007
Discussion of McGrigors’ relationship with Eversheds just won’t die down. As reported earlier this year, the two firms in April conceded that they are operating an informal referral relationship but categorically denied persistent external claims that they are positioning themselves...Which Bar heavyweights could (or would) fill Goldsmith’s shoes
26/06/2007
That’s one down and - in all probability - one to go. Lord Goldsmith having tendered his resignation as Attorney General last Friday (22 June), the consensus is that the holder of that other Cabinet-level Government legal post - Lord...Bargain basement Wall Street
28/06/2007
At a conference recently, a senior lawyer from Credit Suisse advised delegates to shop further than the top-tier advisers in their respective jurisdictions as a means of keeping a lid on costs - the logic being that you "don’t have...