Issues

The wages of professional inequality

As a solicitor, I am always deeply concerned that even in what I consider to be an enlightened and just profession there remains evidence of deep-seated discrimination between men and women. Every female in the profession can probably now recite the statistics released last week by the Law Society – whereas on average a male […]

Flotations

Lewis Silkin acted for stockbroker John East & Partners

Financings

Norton Rose advised ANZ on arranging a $105m syndicated loan facility to the Pakistan State Oil Company under the guarantee of the State Bank of Pakistan.

Property

Stephenson Harwood acted for Middle East-backed joint venture company Helios Properties in its purchase of two development sites from transport and distribution group NFC.

CEDR claims solicitors avoid use of mediation

Solicitors are still not accepting mediation as a method of dispute resolution – that was the view from business at the Centre for Dispute Resolution at its conference last week. At the CEDR awards – in which Baker & McKenzie won the legal category for taking “ADR into the heart of its firm” – Lord […]

Call for free market indemnity

The call to allow a free market in solicitors’ indemnity insurance has been echoed by indemnity expert Clive Boxer of Davies Arnold Cooper, who told delegates at a conference on professional indemnity that it was time the Solicitors Indemnity Fund was changed. Speaking at the conference, sponsored by Lloyds of London and DAC, he said […]

Treasure island

Anguilla, with a population of 10,000, is a small, quiet island in the north-east Caribbean known primarily as an upscale but tranquil holiday destination. Much less well known is that for many years the island has been a tax haven. The low-key approach means the island’s offshore finance industry has developed without the hustling image […]

Conference looks forward to a positive future

The young boy in the red cap who sat patiently beside his mother throughout an afternoon of speeches was blissfully unaware that the future of his generation was being carefully mapped out. Speaker after speaker at the Association of African, Caribbean and Asian Lawyers Group fifth annual conference, held in London on 26 October, was […]

London and Asia

Australian law firms are taking a hard look at their foreign operations and discarding those that cost too much. In New York, Mallesons Stephen Jaques and Allen Allen & Hemsley shut down their offices, while in London, Freehill Hollingdale & Page recently announced the closure of its office and demonstrated that the London connection is […]

Wrangle over representation of justices' chief executives

A dispute has broken out between various magistrates’ courts groups over how best to represent justices’ chief executives without undermining the courts’ judicial independence. In an open letter to the Lord Chancellor’s Department, the Chief Executives’ Group, one of three groups claiming to represent chief executives, has called for a national debate on the issue. […]

Tripartite rumours increase

Managing partners of Cameron Markby Hewitt, McKenna & Co and Denton Hall went to ground last week as speculation grew that a vote on a tripartite merger was to take place this week. All were unavailable to respond to The Lawyer’s inquiries. Only McKennas senior partner Christopher Powell-Smith broke cover, to say “nothing was imminent”. […]

Eversheds installs £2m system

National law firm Eversheds has invested over £2 million in what is reported to be the largest practice management system of its kind in the UK. The firm says it is installing a US computer system, Elite, in response to the “growing trend among UK clients to demand detailed, US-style billing and reporting from their […]