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  • March 5, 2007 |

    Weil Gotshal names Powers as litigation co-chair

    Weil Gotshal & Manges has named Matthew Powers as the new co-chair of its global litigation/regulatory practice, it was announced last week (2 March). Powers, a patent litigation partner who is based at the US giant's Silicon Valley office, will take on responsibility for heading up the 500-lawyer group alongside its current chair, New York litigation partner James Quinn.

    1 minute read

  • February 28, 2007 |

    Management: Tact is the best form of defence

    Many years ago, I received the sort of phone call that any public relations adviser dreads - a solicitor client had been accused of assaulting a woman at his Belgravia offices and the press were all over the story. Allen Chubb, then senior partner at a firm called Child & Child, had apparently rugby-tackled Laura Harold, the wife of a wealthy property developer, following a dispute in which he refused to hand over the deeds of her home before an outstanding bill was settled. Chubb was ultimately convicted of falsely imprisoning and causing actual bodily harm to Harold and faced a three-month suspension by the Solicitors Disciplinary Tribunal. The tale, unsurprisingly, resulted in reams of salacious media coverage - and that was in 1996.

    1 minute read

  • February 21, 2007 |

    US firms set to tap young talent after booming 2006

    US firms look set to maintain their expansive form in 2007 - and their increasing demand for UK trainees - with a select group of America's leading firms this month unveiling robust results for their London offices. Leading the pack, White & Case achieved a 38% rise in UK revenue to bill $172.2m (£88.4m). London profits per equity partner (PEP) also rose 67% to hit $1.28m (£657,000), against $764,000 (£392,000) in 2005.

    1 minute read

  • February 21, 2007 |

    Deals: Finance 22/02/2007

    Pinsent Masons has advised a club of arranging banks, Lloyds TSB, HSBC and Icelandic bank Glitnir Banki HF, on the £45m refinancing of the fruit and snack specialists The Whitworths Group. The team at Pinsents was led by banking partners William Oliver and Martin Bishop. European Capital, which acquired the Whitworths Group in November last year, retains £14m of mezzanine debt. It was advised by Weil Gotshal & Manges banking associate Faisal Ramzan.

    1 minute read

  • February 19, 2007 | International Edition

    Weil Gotshal wins first UK role for Providence

    The London office of Weil Gotshal & Manges has landed its first advisory role for Providence Equity Partners, advising the buy-out house as part of a consortium on the A$3.8bn (£1.5bn) acquisition of Australia's APN News & Media.The consortium - which also included US private equity house Carlyle and Dublin-based Independent News & Media - acquired the 58% of APN not already held by Independent News.

    1 minute read

  • February 19, 2007 |

    Weil Gotshal wins first UK role for Providence

    The London office of Weil Gotshal & Manges has landed its first advisory role for Providence Equity Partners, advising the buy-out house as part of a consortium on the A$3.8bn (£1.5bn) acquisition of Australia's APN News & Media.The consortium - which also included US private equity house Carlyle and Dublin-based Independent News & Media - acquired the 58% of APN not already held by Independent News.

    1 minute read

  • February 14, 2007 |

    Lovells' year-long lockstep review ends in deadlock as partnership vote is split

    Lovells is closing the door on its controversial lockstep review after partners narrowly decided against making radical changes to the firm's lockstep.

    1 minute read

  • February 14, 2007 | International Edition

    Germany leads way as Weil unveils '06 results

    The German practice of Weil Gotshal & Manges has emerged as one of the firm's best-performing offices after the New York giant revealed modest firmwide financial growth for 2006. The Manhattan firm saw turnover increase by just 4% across the firm to reach $1.06bn (£544m) - up from a mark of $1.02bn (£524m) for the previous 12-month period. Average profits per partner also rose by around 4%, up from $1.85m (£950,610) to a new figure of $1.95m (£1m).

    1 minute read

  • February 14, 2007 |

    Germany leads way as Weil unveils '06 results

    The German practice of Weil Gotshal & Manges has emerged as one of the firm's best-performing offices after the New York giant revealed modest firmwide financial growth for 2006. The Manhattan firm saw turnover increase by just 4% across the firm to reach $1.06bn (£544m) - up from a mark of $1.02bn (£524m) for the previous 12-month period. Average profits per partner also rose by around 4%, up from $1.85m (£950,610) to a new figure of $1.95m (£1m).

    1 minute read

  • February 9, 2007 | International Edition

    Latest Lovells lockstep review introduces few changes

    Lovells is to close the door on its controversial lockstep review with the firm deciding against changes to the top end of its lockstep. Senior partner John Young told partners today (9 February) that the firm will not be making radical changes to its lockstep, despite a protracted review lasting nearly a year.

    1 minute read