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October 2006 Archives

Putting on the glitz

2/10/2006

The Commerce & Industry Group’s recent annual dinner added further to the Everest-sized pile of evidence that European general counsel are fast gaining ground on their Yankee counterparts in the glitz and glamour stakes. The Carlton Tower Hotel in swanky...

Kirk-land of opportunity

3/10/2006

Kirkland & Ellis continued its Pavarotti-style expansion today after making up a shock 64 partners worldwide (see story). That’s equal to pretty much the entire partnership of Macfarlanes, for instance, and – by The Diary’s count – represents a record...

Life swap

5/10/2006

You might think that the trained armies of permanently on-message thought-police patrolling the corridors of City firms would be impervious to the sort of communications breakdowns that routinely plague cack-handed legal hacks. Not so, however, as The Diary learned at...

Exclusive: Red Hot Chilli Benchers

6/10/2006

It's the sexiest legal story since Freshfields Bruckhaus Deringer announced it was lowering its mandatory neckline for female staff by half a centimetre in 1976. The nation was this week foaming at its collective mouth over the red-hot blackmail case...

Resigned to your fate

9/10/2006

The dangers of stray emails are well known in the legal sphere, with past indiscretions ranging from last year’s ‘ketchup-gate’ at Baker & McKenzie (see story) to the infamous Norton Rose ‘yours was yum’ email (see this salacious follow-up) that...

Continental lambs enter the Slaughterhouse

11/10/2006

There are some debates destined to rage throughout time – blondes or brunettes; scrambled or poached; one-stop shop or independent network? At time of writing, early respondents to legalweek.com’s latest online poll (‘Does Slaughter and May’s ‘best friends’ network cut...

A Carthartic experience

12/10/2006

Last month The Diary sensationally revealed that 12 lawyers from Maclay Murray & Spens were planning to cross the Alps in a fund-raising tribute to Hannibal (see story), who famously took on the Romans in their own back yard with...

Diary dictionary corner: Friday 13th special

13/10/2006

Superstitious types across the City are today smothering black cats in garlic and Morris-dancing around ladders to avoid falling victim to the curse of Friday 13th. There is an official term for this practice (honestly): Paraskevidekatriaphobia: n. a morbid, irrational...

Diary Top 10: associating with the enemy

17/10/2006

Last week Allen & Overy (A&O) declared the latest phase of its war on attrition, as its Second Annual Associate Satisfaction Review unveiled hefty pay-rises, ditched its lockstep for senior associates and axed those always-unpopular firmwide bonuses. However, as the...

In-housers of Parliament

18/10/2006

The march of the general counsel to world domination continues apace. Former Texaco and Coca Cola legal chief Deval Patrick has upped the ante yet further for ‘increasingly influential general counsel’ everywhere by adding an unexpected new chapter to his...

A modern Twist to associate retention

19/10/2006

The fall-out from Allen & Overy’s (A&O’s) associate appeasement action plan continues to rain down in great gobbets around the City. While only time will tell how effective the plan proves at improving associate retention at New Change, it is...

Caption time! Lockhart, stock and two smoking barrels

23/10/2006

The Diary would have a hard time filling this column if it were not for all those commercial lawyers throwing themselves out of aeroplanes or shark-diving in the Bermuda Triangle to compensate for 80-hour working weeks spent pandering to procurement...

War on Talent: special report

25/10/2006

With Allen & Overy earlier this month unveiling the associate equivalent of a Doomsday Device with its 15% pay-hikes, it is clear the war on talent is entering a dangerous new phase. The ‘Stourbridge Slaughters’, Wragge & Co, this week...

Away with the faeries

27/10/2006

Later this month (16 November) partners with more cash than they know what to do with have the chance to buy an historic piece of legal memorabilia when a much-treasured work of art goes under the hammer at auction house...

The cult of Kordan

27/10/2006

Tom Cruise. John Travolta. Joel Kordan. Famous names laden with glitz, glamour…and connections with Scientology. No, The Diary’s favourite real estate partner hasn’t abandoned the joys of Shoosmiths’ Birmingham office to join the mysterious sect. Not yet, anyway. Sources close...

Last tango with Parish

30/10/2006

Like King Canute ordering back the tides, Norton Rose global head of finance and chief fixer Stephen Parish last month flew out to Dubai in a doomed attempt to persuade partners Nadim Khan and Zubair Mir not to leave for...

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