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  • February 20, 2008 |

    ...Legal Week Lunchbox 21/02/08...

    The five most popular articles on legalweek.com today; the pick of the day's posts; a new Career Clinic dilemma; and much more

    1 minute read

  • February 14, 2008 |

    Morgan Cole hit by WRU negligence claim

    Welsh heavyweight Morgan Cole is facing a £2m negligence claim from former client the Welsh Rugby Union (WRU). The claim, filed in the High Court last year, relates to advice Morgan Cole gave the WRU in a case brought by an injured player. The case resulted in the WRU paying out just under £2m in damages.The WRU, which is being advised by the Welsh law firm Hugh James, is now claiming Morgan Cole was negligent and in breach of contract.

    1 minute read

  • February 13, 2008 |

    ...Legal Week Lunchbox 14/02/08...

    The five most popular articles on legalweek.com today; the pick of the day's posts; and a new Career Clinic dilemma

    1 minute read

  • February 11, 2008 |

    Eversheds leads eight on Welsh Assembly panel

    The Welsh Assembly Government has completed the first formal review of its legal advisers, with national giant Eversheds and a brace of local leaders among eight firms to win places on the coveted roster. The panel has been divided up in to five areas: property and commercial; employment; corporate finance; litigation; and environment law. Eversheds is named on four of the sub-panels, as is Cardiff firm Geldards, while Welsh rival Hugh James gets the nod in three categories.

    1 minute read

  • February 7, 2008 |

    Howrey hit by 17.5% tumble in profits

    US firm Howrey has become the second major US firm to post disappointing financial results for last year, with the intellectual property specialist suffering a double-digit drop in profits per equity partner (PEP). PEP dropped to $1.01m (£516,000) in 2007 - a fall of 17.5% from last year's figure of $1.22m (£623,000).

    1 minute read

  • February 7, 2008 |

    Cadwalader hit by 6% PEP drop as US firms' 2007 results emerge

    Wilmer Cutler Pickering Hale and Dorr, Cadwalader Wickersham & Taft and Morgan Lewis & Bockius are among a swathe of US firms to have announced their latest financial results, with Cadwalader the first firm to take a hit on its profits for 2007.Cadwalader reported a fall in profits per equity partner (PEP) from $2.9m (£1.48m) 2006 to $2.72m (£1.38m) this year, while overall revenue at the firm stands at $587m (£299m), up 5% from $556m (£283m) last year.

    1 minute read

  • February 6, 2008 |

    K&L Gates adds to UK funds team

    Kirkpatrick & Lockhart Preston Gates Ellis (K&L Gates) has strengthened its London funds team with the hire of a senior in-house lawyer from a London hedge fund. Danny Asher Brower joined as a partner on 29 January. He was previously head legal counsel at hedge fund Vega, which recently changed its name to Proxima Alfa.

    1 minute read

  • February 4, 2008 |

    JP Morgan names first EMEA general counsel

    JP Morgan has named its first-ever general counsel for Europe, the Middle East and Africa (EMEA), appointing London-based associate general counsel Karen Linney to the new role. Linney joined the bank - then called Chase Manhattan - in 1993 from Clifford Chance, where she was an associate in the magic circle giant banking practise in 1993.

    1 minute read

  • February 1, 2008 |

    US Briefing: Statute of limitations could end $20m Morgan Lewis suit

    After more than two weeks of testimony and years of prior litigation, the $20m case that pits water filtration company Purolite against its former law firm, Morgan Lewis & Bockius, could come down to whether the case is barred by the statute of limitations. The case revolves around advice allegedly given by Morgan Lewis to Purolite in 1993 to continue to sell its products to Cuban companies despite the US trade embargo.

    1 minute read

  • January 30, 2008 |

    Online special: CSR winning more lawyer converts

    Only a small percentage of UK lawyers are strongly opposed to taking on ethically-questionable mandates, a survey of the profession has found, even though the majority believe doing so can damage a law firm's reputation. Just 11% of leading UK lawyers said ethics should be a major consideration in accepting new clients in the latest Legal Week/EJ Legal Big Question survey. The majority (66.5%) said law firms should consider instructions from controversial regimes or corporate clients on a case-by-case basis.

    1 minute read