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  • November 14, 2007 |

    Commentary: CC job cuts show finance lawyers must diversify or die

    When it emerged last week that Clifford Chance (CC) had blamed the credit crunch for the firm axing a six-lawyer team from its Manhattan HQ, eyebrows were raised for a number of reasons.

    1 minute read

  • November 14, 2007 |

    Deal Week Dispatch: 14/11/07

    Deal Week Dispatch brings readers an early taster of news from Legal Week's unparalleled deals coverage, with Ashurst, Wragges and Bakers among the movers and shakers

    1 minute read

  • November 9, 2007 |

    Norton Rose hits Dentons with Bi capture

    Norton Rose has boosted its Islamic finance team with the hire of rated capital markets partner Farmida Bi from City finance rival Denton Wilde Sapte. Bi resigned from the top 20 firm this week (6 November), although her departure date is subject to negotiation and she is likely to be required to serve a period of gardening leave.

    1 minute read

  • November 1, 2007 |

    Barclays Wealth banks on Bakers partner Burt

    Barclays Wealth, the offshore and private banking arm of the UK financial services giant, has appointed Baker & McKenzie London private banking partner Jonathan Burt to the newly created non-legal role of senior wealth advisor. Burt leaves Bakers' City office after seven years in the global firm's private banking division, where he advised high-net worth individuals, trustees and private banks on cross-border taxation, the creation and taxation of trusts, investment taxation and multi-jurisdictional estate planning.

    1 minute read

  • November 1, 2007 |

    Bakers partner resigns after fraud charges

    An indicted Baker & McKenzie partner has resigned following a request to do so from his firm. Martin Weisberg was indicted last month in the Eastern District of New York on charges that he participated with five other defendants in a stock-fraud scheme that netted two overseas short-sellers $55m (£27m) in illegal profits. He has pleaded not guilty,

    1 minute read

  • October 26, 2007 |

    US Briefing: Sullivan settles with former associate

    Sullivan & Cromwell said on Thursday (25 October) it had reached a settlement with former associate Aaron Charney, who sued the law firm earlier this year for sexual orientation discrimination. The settlement, the terms of which are confidential, brings to a close a dispute that had fascinated the New York legal community over the past several months, both with its allegations concerning partners at one of the city's most prestigious firms and its bizarre twists and turns in the courtroom.

    1 minute read

  • October 23, 2007 |

    Bakers nips in for £285m Nike-Umbro tie-up

    Baker & McKenzie has scooped Nike as a new client as the world's largest sportswear company gears up to buy rival kit-maker Umbro in a £285m takeover bid. City-based corporate partner Tim Gee is leading the Bakers team after winning the mandate to advise Nike on its first major acquisition in the UK. He is joined by corporate partner Tim Sheddick, competition partner Helen Bardell and Jeremy Edwards for human resources matters.

    1 minute read

  • October 22, 2007 |

    Bakers partner charged with stock fraud

    A partner at Baker & McKenzie has been indicted on charges that he participated in a stock fraud scheme that netted two overseas short-sellers $55m (£27m), writes the New York Law Journal. According to an indictment unsealed on Friday (19 October) by federal prosecutors in the Eastern District of New York, Martin Weisberg, an M&A partner in Bakers' New York office, helped Israeli investors Zev Saltsman and Menachem Eitan gain access to hundreds of millions of discounted but restricted shares in two companies he represented.

    1 minute read

  • October 22, 2007 |

    ...Legal Week Lunchbox: 22/10/07...

    The five most popular articles on legalweek.com today; the pick of the day's posts; and a new Career Clinic to brighten up the Monday gloom

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  • October 19, 2007 |

    Its good to talk

    "People increasingly ask employers 'what can you do for me?'" says Clare Roberts, a human resources (HR) consultant with PA Consulting. "Ten years ago, that would have been unheard of. They have a different attitude to work and employers are having to rethink their proposition to potential recruits."

    1 minute read