GERMAN law firms can now limit liability claims to partnership-owned assets and the individual property of specific lawyers following the introduction of new legislation last month. Brought in via the Statute Concerning Partnerships for Members of the Independent Professions, the rules mark the first creation of a new German legal entity since 1900. The optional […]
CORPORATE finance solicitor Julie Miller has been seconded from the London office of Lovell White Durrant to act as an investment officer to the British Consulate General in Atlanta. Miller, who joins for a two-year term on 7 August, is the first lawyer among a number of British professionals to work as part of the […]
The rules of the tendering game have changed, says Martin Davies, and prospective players must be proactive or lose out Invitations to tender are being issued at an alarming rate, particularly as CCT takes a hold. If you are not one of the major players is it worth taking the time and trouble to put […]
LAWYERS from across the globe are jetting their way to Chicago this week, as the city moves up a gear for the annual meeting of the American Bar Association. Delegates are expected to take over Downtown Chicago and North Michigan Avenue as more than 12,500 lawyers and another 8,000 attendees take part in the week-long […]
BARRISTER Alun Jones QC has attacked the Singapore criminal justice system saying Nick Leeson, the derivatives trader blamed for the £860 million collapse of Barings, may not get a fair trial if extradited there. He warns other barristers to think twice before considering defending Leeson in any Singapore trial, as that would be used by […]
LAMBETH Council’s legal department has been criticised for its failure to prevent the misuse of decision-making procedures in the official report on fraud in the borough. Elizabeth Appleby QC’s inquiry found the department failed to prevent the use of “urgency procedures” when they were inappropriate. The report says the procedure – intended for emergency decisions […]
A GROWTH in the number of fierce attacks by barristers on colleagues’ behaviour in court has led the Bar Council to draw up new professional rules governing such criticism. David Penry-Davey QC, Bar Council deputy chair, is heading an inquiry into the trend of counsel-to-counsel hostilities and aims to have new guidelines available in October. […]
Herbert Smith acted for Kleinwort Benson Securities in its role as underwriter/sponsor of the flotation of Stoves at an initial market capitalisation of £47 million.
Maclay Murray & Spens acted for broker Williams de Broe in a deal creating the first start-up company to have shares traded on AIM. The new company
Herbert Smith has appointed Ludgate Communications as the firms’ PR agent. The appointment was made by Liz McDougall, an experienced lawyer who became the firm’s head of business development some months ago. Ludgate replaces Tavistock Communications, which was introduced to the firm by Herbert Smith’s short-lived former marketing chief Roger Bruce, who departed last year. […]
CITY firms Cameron Markby Hewitt and Denton Hall have hit a fee-earning jackpot by handling Britain’s most valuable residential property sale. Cameron Markby Hewitt’s property team, led by partner Louise Anderson, acted for the Wellcome Trust in its £280 million purchase of the Kensington Estate. The estate forms one of the largest tracts of residential […]
LAWYERS have universally rejected a proposal to introduce a “sole liability” rule for construction projects which suffer from inherent building defects. City firms, the Law Society and the Bar roundly condemned the idea in a consultation exercise by the Department of the Environment. The exercise aims to produce a set of clauses governing how claims […]