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Screaming Lawyer » Big Lawyers http://screaminglawyer.com Screaming NZ Legal News . . Wed, 22 May 2013 13:31:11 +0000 en-US hourly 1 http://wordpress.org/?v=3.5.1 DLA Phillips Fox’s Big Day http://screaminglawyer.com/dla-phillips-foxs-big-day.php http://screaminglawyer.com/dla-phillips-foxs-big-day.php#comments Sat, 05 Feb 2011 02:27:33 +0000 admin http://screaminglawyer.com/?p=1130 dlaphillipsfox 150x109 DLA Phillips Foxs Big DayFrom NBR Briefcase – Who would have thought when Phillips Nicholson, formed right back in Petone in 1884 that they would eventually go on to be part of what is – wait for it! – the biggest firm in the world.  The continued worldwide expansion of the DLA Piper juggernaut has now used the trans-Tasman DLA Phillips Fox tie-up to create the world’s largest law firm with over 4000 lawyers, a true legal mothership.    They may not be the most prestigious (Wachtell Lipton, according to “Vault” rankings) or even the most profitable (Slaughter & May, according to a UK survey, Paul Weiss, according to “American Lawyer”), or the most powerful (Skadden Arps according to “Forbes”).  In fact, they’re not the most family-friendly (Arnold & Porter, according to the American Bar Association).  But, damn it!, they are the biggest. The Wal-Mart of law firms, one business paper called it.  Petone, take a bow.

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Fewer US Lawyers Jumping Ship http://screaminglawyer.com/fewer-us-lawyers-jumping-ship.php http://screaminglawyer.com/fewer-us-lawyers-jumping-ship.php#comments Sat, 05 Feb 2011 02:01:41 +0000 admin http://screaminglawyer.com/?p=1121 corporate 150x150 Fewer US Lawyers Jumping ShipFewer partners in the US are jumping ship, according to a report from Courtroom Confidential.  For the 12-month period ending in September, 2,014 partners left or joined firms in The American Lawyer’s Top 200, a 27 percent decrease from the 2,775 moves a year earlier, according to the article. So what does this mean for the legal profession? As the article points out, the change could be a result of the high number of firms that folded in 2009, which naturally led partners to change firms. Some law firm managers said the statistics could be an indication of the economic instability in the legal world over the past few years.

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Bonus News From the Big Bagel http://screaminglawyer.com/1097.php http://screaminglawyer.com/1097.php#comments Tue, 21 Dec 2010 21:50:30 +0000 admin http://screaminglawyer.com/?p=1097 Michael Bassett Linklaters 118x150 Bonus News From the Big Bagel

Linklater's Michael Bassett

Here’s some very belated bonus news from the Big Apple, from AboveTheLaw. Earlier this month, the New York office of Linklaters announced bonuses that matched the Cravath scale.  As usual at Linklaters, there was no hours requirement. The news was communicated via individual memo.

A Cravath match, especially in a bonus season when some firms are paying significantly more, isn’t that exciting. A Cravath bonus won’t get a Linklaters associate a pad as swish as the $2.8 million that of Linklaters partner Michael Bassett and his non-Linklaters partner Darren Henaut.  Heck, $35K — the top of the Cravath scale — probably won’t even cover the cost of Bassett’s wallpaper, ATL say.   

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Big Trouble With The Judges http://screaminglawyer.com/big-trouble-with-the-judges.php http://screaminglawyer.com/big-trouble-with-the-judges.php#comments Mon, 20 Dec 2010 21:22:29 +0000 admin http://screaminglawyer.com/?p=1087 judge2 130x150 Big Trouble With The JudgesNBR Briefcase – John Bowie – The ‘Briefcase’ column comments that it’s worth noting recent comments from some highly experienced commercial lawyers who expressed dismay at the standing of the New Zealand judiciary and its ability to adequately handle high level commercial litigation.  This is not just due to the Wilson affair, which was needed like a hole in the head, but rather a combination of issues including a perception that the judiciary in this country is built on cosy relationships and has produced variable and inconsistent rulings (including the 2010 tax rulings) often stemming from non-specialist judges.  The New Zealand judiciary cannot be relied upon as a forum to produce consistent and predictable results, I was told.  And it is suffering severely in international eyes as a result.  Real concern, there.

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Big Bucks on Chapman’s Big Deal http://screaminglawyer.com/big-bucks-on-chapmans-big-deal.php http://screaminglawyer.com/big-bucks-on-chapmans-big-deal.php#comments Mon, 20 Dec 2010 21:18:30 +0000 admin http://screaminglawyer.com/?p=1084 rich man 150x150 Big Bucks on Chapmans Big DealNBR Briefcase – John Bowie - What about leaving the year with a Big Deal Bang?  One of the year’s biggest deals is going down right now, lead by Chapman Tripp and valued at $2.2 billion.  The new listing of the $2.2 billion Heartland merger (MARAC, Pyne Gould, CBS Canterbury and Southern Cross Building Society) has produced what is easily some of the most complex legal work of the year.  Apart from merging three businesses, there’s an offering of 300 million shares in the new entity, the transfer of $1.7 billion of debt securities from three issuers, the conversion of two building societies into companies under the Building Societies Act and the implementation of a Court-approved Scheme of Arrangement under the Companies Act.  You don’t do that in an afternoon.  One of the main issues was how to merge a building society with a company and the votes required were obtained after no fewer than 10 security holder meetings.  The final court orders should have been obtained yesterday with a listing for the end of January.  Do the guys at Chapman Tripp (Tim Tubman, Rachel Dunne and team leader Barry Brown) deserve a gong for bringing to life what is virtually a new . . dare I say it? . . bank?  Nope.  We still hate banks even though this isn’t one.  But great work.


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Peace Throughout the Land? Bah, humbug http://screaminglawyer.com/peace-throughout-the-land-bah-humbug.php http://screaminglawyer.com/peace-throughout-the-land-bah-humbug.php#comments Sun, 12 Dec 2010 20:55:01 +0000 admin http://screaminglawyer.com/?p=1072 fisher qc 150x150 Peace Throughout the Land?  Bah, humbugIt was refreshing to see Robert Fisher QC’s comments in the past NZ Lawyer magazine saying that he’s generally in favour of disputes and that “the last thing we need is harmony throughout the land.”  Good heavens, to say such a thing on what is virtually the eve of Christmas.  It’s like Gordon Gekko saying “Greed is good”.  Look where that got us.  His caveat was that disputes between those charged with resolving them was taking the edict too far.  The Fisher comments were essentially focused on the fact that those in dispute generally want some form of “substantive help” from mediators to assess the merits of their dispute, which is doubtless absolutely correct.  Meanwhile, joining the swelling ranks of the former jurists who have joined the disharmony throughout the land is Sir Hugh Williams QC, advertising to help with some disharmony near you now.  Don’t delay. Discounts may apply for the first through the former Judge’s door.

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Banking Fees At Bankside – And Justice Wilson’s New Digs http://screaminglawyer.com/banking-fees-at-bankside-and-justice-wilsons-new-digs.php http://screaminglawyer.com/banking-fees-at-bankside-and-justice-wilsons-new-digs.php#comments Wed, 01 Dec 2010 21:10:49 +0000 admin http://screaminglawyer.com/?p=1037 bobjones 150x150 Banking Fees At Bankside   And Justice Wilsons New Digs

Sir Robert Jones - Justice Wilson Landlord

Briefcase also reports on Justice Wilson’s new digs with Sir Robert Jones and the ex-jurists over at Bankside Chambers.  “I thought (Bankside) was named after the sheer volume of fees that must sluice through its ledger, is evidently named after a short street.  It’s certainly a lot better than  the name of the Wellington chambers first occupied by Kit Toogood, John Billington and Michael Reed QCs, unimaginatively and now even downright dangerously called “Marac Chambers”.  Naming a chambers after a finance company is like naming a doctors surgery after a social disease.  Bankside, however, has a cluster of former High Court and Court of Appeal judges, including Sir Ian Barker QC, Robert Fisher QC, Barry Paterson QC and David Williams QC. David Williams has developed a fabulously lucrative arbitration and mediation practice.  The developing role for retired or resigned senior judges to forge a new and highly lucrative career in arbitration and mediation is something to behold (as reported in last week’s NBR).  Deborah Hart, executive director of the Arbitrators’ and Mediators’ Institute told me there has been exponential growth in their work in recent years with no sign of abatement.  Partly, this has been the use of mediation in domestic and family disputes, including the Family Court’s early intervention programme, which has been used to ease the logjam of cases in the Family Court.  But so too has been the growth in construction disputes and others.

All of which augers well for former Supreme Court Justice Bill Wilson who must be the cookie-cutter model of the successful mediator and arbitrator, forgetting the odd career-wrinkle.  Now ensconced in Sir Robert Jones’ suite of offices in Wellington, highly salubrious surroundings as they are, the former litigator and Judge will be quietly setting about carving a successful niche in the arbitration field, all his worries behind him.

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The “Truth” And Sir Geoffrey http://screaminglawyer.com/the-truth-and-sir-geoffrey.php http://screaminglawyer.com/the-truth-and-sir-geoffrey.php#comments Wed, 01 Dec 2010 21:06:11 +0000 admin http://screaminglawyer.com/?p=1033 truth paper 150x150 The Truth And Sir GeoffreyNBR columnist John Bowie writes about Sir Geoffrey Palmer and his brush with “Truth” in the Briefcase column:  “.. the onrush of Christmas biographies tells us it’s that time of year and our tempers will soon be elevated to disturbingly violent levels upon hearing “Snoopy’s Christmas” being piped through stores while shop assistants put on silly Santa hats and antlers.  It’s all too awful.  I was searching among the biographies, which always includes the annual Richard Branson autobiography, hunting for Sir Edmund Thomas’ memoires, which may be out next Christmas, when I happened upon the biography of the Great Reformer, Sir Geoffrey Palmer. Unfortunately I was quickly diverted by Keith Richards’ book, not a difficult thing, and then by another biography of sorts, my old school mate Redmer Yska’s history of  “Truth” newspaper.  Redmer, like myself and former Truth chief reporter Tony Dominik, who tragically died in his 30s, were all Karori boys who grew up in close proximity, although I was always a little terrified of Tony and at school I tried to terrify the younger Redmer – to little effect.  Among other roles, Redmer became a speech writer for David Lange.”

Bowie goes on:  “What’s interesting about the “Truth” book is its rich legal history as publisher Jimmy Dunn, a lawyer, who was a ferocious libel litigant.  The crusading, piratical “Truth” has now disappeared of course, although something called “Truth Weekender” is still published, having merged the page three girl of yore with girls on pages 3 to 30, in primary colour and usually with cell phone numbers and offers to see them in Fort Street.

Apart from Sandra Moran in Wellington one of Dunn’s protégés was a young Geoffrey Palmer.   Young Geoff wrote a kind of Dorothy Dix column on the law – such as the rights you had on returning a broken wireless to The Lamphouse, or when you could legally start birching your kids.    Sir Geoffrey honed his early legal knowledge under the powerful and crafty Jimmy Dunn before moving to university where his Socratic teaching method developed what might be called the “Palmer Effect” upon students, one of whom told me just this week that a kind of deflection-method was used to avoid answering his lengthy, stentorian-voiced questions filled with facts and legally challenging issues, by asking him to please repeat the question.  This usually resulted in someone more studious in the front row, someone like David Collins, to answer the question for him.

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Justice Wilson – The Remaining Questions http://screaminglawyer.com/justice-wilson-the-remaining-questions.php http://screaminglawyer.com/justice-wilson-the-remaining-questions.php#comments Wed, 27 Oct 2010 23:36:41 +0000 admin http://screaminglawyer.com/?p=970 Supreme Court judge Bill Wilson1 150x150 Justice Wilson   The Remaining Questions

Bill Wilson

Briefcase‘ reports on the Justice Wilson resignation, commenting that he was never going to face the music at the Judicial Conduct Panel hearing.  As John Bowie writes:   ” But while the retirement may appear to avoid nasty questions, it also leaves many unanswered.  For instance, what did the Chief Justice know about his relationship with Alan Galbraith?  How effective was Judicial Conduct Commissioner Sir David Gascoigne in making his initial report recommending the panel?  What is the future for the Supreme Court and should we be considering a regional court as many have suggested?  After all, two Australian judges were called upon to help with this mess.  But mostly, what damage has been done to the Court and the Bar as a result of the disclosures, including those from Sir Edmund Thomas, a man who has been sent to Coventry from all accounts.  Bill Wilson may have gone.  The unanswered questions haven’t.”

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Personal Injury Lawyers’ Big Day Out http://screaminglawyer.com/personal-injury-lawyers-big-day-out.php http://screaminglawyer.com/personal-injury-lawyers-big-day-out.php#comments Tue, 26 Oct 2010 08:04:43 +0000 admin http://screaminglawyer.com/?p=959 sting picture 1 150x150 Personal Injury Lawyers Big Day OutOh, what a day for the lawyers – Sting and Sheryl Crow will perform at two of the biggest holiday parties of the season hosted by Texas plaintiffs lawyers, reports Texas Lawyer. Sting will do his gig before The Lanier Law Firm’s annual holiday party on Dec. 5 in Houston, while Crow will take the stage at lawyer Lisa Blue-Baron’s party at her Dallas home on Dec. 11. “Sting brings great music, a great stage show and a great deal of popularity, which is what we always try to bring,” says W. Mark Lanier, owner of the Houston plaintiffs firm.

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