Legal Business

‘Redefining leadership’: Hogan Lovells teams up with Oxford Said Business School on partner leadership programme

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Hogan Lovells has begun piloting a new leadership programme for experienced partners with Oxford Said Business School, an initiative which the transatlantic firm says will enable partners to build a unified approach to leading the firm and ‘become roles models and distributors of a strong, shared culture.’

Called ‘Redefining Leadership’, the programme is currently being piloted with a cross-section of partners from across the firm at various experience levels, including current members of its international management committee, partners responsible for particular offices or practices, and partners who are taking on management responsibilities for the first time.

With leadership development high on chief executive Steve Immelt’s agenda, a working group was tasked to work with the firm’s people development team to ‘crystallise its thinking about leadership’ and find an external learning provider to partner with. The group was spread across Hogan Lovells’ offices, and comprised Immelt, London-based deputy chief David Hudd and disputes partner Ruth Grant, Northern-Virginia-based commercial litigation head Emily Yinger, and IP, media & technology head Andreas von Falck in Dusseldorf.

The firm chose Oxford Said Business School from a shortlist of potential European providers, both to conduct the initial in-depth research, and to co-create and deliver the programme.

Explaining the decision to work with Oxford, Yinger told Legal Business: ‘We felt they not only brought their wealth of experience and expertise to the initiative, but a real sense of partnering with us to create an original and distinctive programme that is tailored specifically for our firm – where we are now, and where we want to be. We already have in place a suite of successful development programmes for our senior lawyers and for new partners as they make the transition to partner. We wanted to build on this by creating a leadership programme for more experienced partners.’

An initial group of 28 partners attended the first programme in November and the firm now plans to provide it at Oxford for more groups, continuing to mix people from different geographies, practices and levels of experience. Two additional cohorts are planned for 2015 after which the firm will review and evaluate the programme before deciding its next steps.

When asked about key objectives for the programme, Yinger said: ‘This project has been put in place to enable experienced partners to build on the “one Hogan Lovells” approach and become role models and distributors of a strong, shared culture, based on a sense of personal and shared responsibility for the firm’s success, clear and courageous communications, openness to change and innovation.’

Yinger added: ‘The programme aims to equip partners with the knowledge and skills to lead in practice. For us, this is about changing mindsets – being open to fresh ideas and new ways of doing things. Every aspect of the design of the programme has been calibrated to reflect one or more of these objectives. We see this project as a change initiative, not just an “out of the box” leadership development programme.’

‘We believe that the mix of approaches – two highly experiential residential modules, coaching and mentoring, psychometrics, and, most importantly practical leadership assignments between the modules for which partners select a mentor from within our senior leadership team. A distinctive feature of our programme is the commitment and involvement of senior leaders at every stage, from the initial thinking to the delivery and, importantly, the follow-through.’

sarah.downey@legalease.co.uk

Legal Business

A £55m settlement: Hogan Lovells and Leigh Day shake on Shell payout to Nigerian village

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Royal Dutch Shell, advised by Hogan Lovells, will pay £55m to 15,600 Nigerian fishermen after a three-year legal battle over two oil spills.

Leigh Day partners Martyn Day and Daniel Leader secured the substantial environmental settlement to the African community, having launched a £300m lawsuit in 2012 which was set to go to trial at the High Court in May this year.

Shell will distribute £35m to individuals affected by the spills with a further £20m going to the fishing community. The deal marks the first time affected individuals have been compensated directly, with the Anglo-Dutch energy giant set to pay £2,200 into the bank accounts of everyone in the Bodo community, southern Nigeria, affected by the spills in 2008 and 2009.

Shell instructed Hogan Lovells litigator John Meltzer, who created and then ran the firm’s renowned product liability group for 15 years until 2013. Meltzer had instructed Charles Gibson QC and Geraint Webb QC of Henderson Chambers, with Day instructing Richard Hermer QC of Matrix Chambers.

The Trans-Niger Pipeline has suffered an incidence of operational oil spills between 2006 and 2010 at a rate 133 times greater than the European average. Leigh Day argued that Shell allowed oil to pump into the creek for six weeks before fixing a broken pipeline and, even then, that Shell took over a month to repair the weld defect in the pipeline. The second spill occurred in December 2008, also as the result of equipment failure, and was not capped until February 2009.

Day said that ‘whilst we are delighted for our clients’, the firm found ‘it deeply disappointing that Shell took six years to take this case seriously and to recognise the true extent of the damage these spills caused to the environment and to the those who rely on it for their livelihood’.

He added: ‘We hope that in future Shell will properly consider claims such as these from the outset and that this method of compensation, with each affected individual being compensated, will act as a template for Shell in future cases in Nigeria and in the other countries in which it operates.’

Chief Sylvester Kogbara, chairman of the Bodo Council of chiefs and elders, said: ‘We are hopeful that the clean-up of the Bodo environment will follow suit in no distant time.’

tom.moore@legalease.co.uk

Legal Business

New Year promotions: Hogan Lovells makes five up in London amid 24-strong promotions round

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Hogan Lovells has today (5 January) become one of the first LB100 firms to announce its New Year promotions with 24 associates made up to partner, including five in London within the finance, disputes and corporate practices.

Effective since 1 January 2015, those promoted includes nine in corporate, six in the litigation, arbitration and employment group, five in government regulatory, two in finance, and two in IP. Of these, 12 promotions were made across the firm’s US and Latin America offices including Denver, Mexico City, Miami, and Washington DC; while ten were promoted in Europe including its Amsterdam, Dusseldorf, Frankfurt, Milan and Paris offices; and a final two in its Hong Kong office.

In addition to the new partners, 41 new appointments to the role of counsel, of counsel and consultant have also been made. Last year, Hogans promoted 29 lawyers into the partnership with 11 in the City making the cut.

Chief executive Steve Immelt said: ‘Nurturing and promoting the excellent talent that we have within the business at Hogan Lovells is central to our strategy of providing the best service and the best talent in the legal sector to our clients.’

Before Christmas, US firms Sidley Austin and Dechert also gave a boost to associates in London, with 25% of Dechert’s 11-strong round making the grade in the City while Sidley Austin elected two to partner as part of its 32-lawyer list.

sarah.downey@legalease.co.uk

New partners:

Alex Bahn – corporate (transactional), Washington DC

Lauren Bellerjeau – corporate (transactional), Washington DC

Shalini Bhuchar – finance (banking), London

Whiston Bristow – LAE (litigation), London

Robert Darwin – corporate (transactional), London

Christian Di Mauro – LAE (litigation), Milan

Bill Ferreira – government regulatory (government contracts), Washington DC

Miriam Gundt – IPMT, Dusseldorf

Jim Johnson – government regulatory (FDA/Pharma), Washington DC

Bruno Knadjian – corporate (tax), Paris

Mark Kurtenbach – corporate (transactional), Denver

Scott Loughlin – government regulatory (Privacy and Information Management), Washington DC

Rebecca Mandel – LAE (litigation), Washington DC

Sian Owles – corporate (transactional), London

Maria Ramirez – LAE (international arbitration), Miami

Nicholas Roberts – corporate (real estate), London

Brenda Rogel – government regulatory (environmental), Mexico City

Amy Roma – government regulatory (energy), Washington DC

Tony Ryan – corporate (real estate), Denver

Erica Songer – LAE (litigation), Washington DC

Stuart Tait – finance (BRI), Hong Kong

Nelson Tang – corporate (transactional), Hong Kong

Ruud van der Velden – IPMT, Amsterdam

Tim Wybitul – LAE (employment), Frankfurt

Legal Business

Nearshoring: Hogan Lovells hires ten-strong associate team and acquires new office space for Birmingham venture

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Having confirmed in early spring the launch of a new cost-efficient legal services centre in Birmingham, Hogan Lovells has hired a ten-strong associate team across multiple practice areas and from national firms, including Pinsent Masons, Clarke Willmott and Shoosmiths, to spearhead the venture as well as acquiring new office space within Birmingham’s central business district.

The nearshoring venture, dubbed the Legal Service Centre and led by London partner Alan Greenough, who will relocate to Birmingham to manage the office, will now house teams comprising three associates within the practice areas of corporate, disputes and real estate, and a tenth specialist in real estate finance. Hires include the real estate lawyers, Shoosmiths’ senior associate Mark Saunders, Clarke Willmott associate Balraj Kaur and Pinsent Masons associate Abigail Gisbourne, who are all set to join in early November. The trio will initially start working out of the London office before relocating in order to integrate with the real estate team. All associates are expected to join by January at the latest.

Developed following a strategic review of how it provides business support, the transatlantic firm has also acquired 7,620 sq ft on the tenth floor of the Colmore Plaza, located centrally in Birmingham’s business district and currently occupied by companies including Grant Thornton, Allianz and Investec. With fittings taking place, the new space is expected to be fully operational for the team in the New Year.

Services offered will include due diligence and document reviews for litigation, corporate, finance and real estate projects, aspects of real estate work, such as leasing and licensing of premises, the preparation of formal documentation for the completion of transactions, some intragroup reorganisations and minor contract amendments.

Susan Bright, managing partner of Hogan’s London office, said: ‘Hogan Lovells has been a leader in providing creative, flexible and cost-effective solutions for clients over the years, and our Legal Services Centre is an element of that approach and demonstrates our commitment to focusing on our clients’ needs.’

Other firms to establish low-cost offerings of late include Baker & McKenzie, which in August became the first US-headquartered firm to open a legal services office in the UK, with an outpost in Belfast, while Magic Circle firm Allen & Overy and Herbert Smith Freehills have also opened similar operations in recent years.

sarah.downey@legalease.co.uk

Legal Business

Hogan Lovells hires ten-strong associate team and acquires new office space for Birmingham nearshoring venture

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Having confirmed in early spring the launch of a new cost-efficient legal services centre in Birmingham, Hogan Lovells has hired a ten-strong associate team across multiple practice areas and from national firms, including Pinsent Masons, Clarke Willmott and Shoosmiths, to spearhead the venture as well as acquiring new office space within Birmingham’s central business district.

The nearshoring venture, dubbed the Legal Service Centre and led by London partner Alan Greenough, who will relocate to Birmingham to manage the office, will now house teams comprising three associates within the practice areas of corporate, disputes and real estate, and a tenth specialist in real estate finance. Hires include the real estate lawyers, Shoosmiths’ senior associate Mark Saunders, Clarke Willmott associate Balraj Kaur and Pinsent Masons associate Abigail Gisbourne, who are all set to join in early November. The trio will initially start working out of the London office before relocating in order to integrate with the real estate team. All associates are expected to join by January at the latest.

Legal Business

Life during law: Matthew Cottis

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I grew up in a small town where nobody’s dad I knew worked in London. The fast train to London didn’t exist – my parents worked in local government. They’re peace campaigners and not City-type people. They have different values and so I grew up in a very different world to this. There are some benefits in having that background – it gives you a bit of perspective.

Back in those days there was very little daytime TV, so on rainy days during the summer holidays there was a programme we watched called Crown Court. They had actors dramatise a criminal trial with a real jury. It was fascinating to me and, although it’s the other branch of the profession, it really stimulated my interest in being a lawyer.

Legal Business

Dealwatch: A&O, Hogan Lovells and Freshfields help Heathrow’s £1bn airport sale take off

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Allen & Overy (A&O), Hogan Lovells and Freshfields Bruckhaus Deringer have led on Heathrow Airport Holdings sale of Aberdeen International Airport, Glasgow Airport and Southampton International Airport to a consortium formed by Ferrovial and Macquarie for £1.05bn.

Heathrow has agreed to sell its 100% stake in all three airports, which combined handle 12.5 million passengers a year, though the deal is still subject to EU merger regulation. Closing is expected before the end of January 2015 with the sale consideration expected to increase to compensate Heathrow for the delay.

A&O is advising Ferrovial and Macquarie led by infrastructure partners Richard Evans and Conrad Andersen, while Pinsent Masons advised on Scottish aspects, with partner Richard Linton and senior associate Andrew Crichton

Freshfields advised Heathrow Airport Holdings, led by corporate partner Stephen Hewes and Laurie McFadden, while Hogan Lovells acted for the consortium of banks, led by infrastructure and project finance partner Andrew Gallagher.

Ferrovial chief executive Iñigo Meirás said: ‘As a long standing investor in the UK, we are aware of the importance of these airports for the population in their surrounding areas. The transaction proves how valuable these assets are for Ferrovial.’

Freshfields worked alongside Heathrow Airport Holdings (formerly BAA) legal head Carol Hui (Profile) who has overseen the company’s legal department during the sale of all of its airports except for Heathrow and in-house counsel Catherine Ledger and Irina Janakievska. BAA sold Gatwick in 2010 for £1.5bn and committed to selling Edinburgh Airport in 2011, but it conducted a long-running legal battle to keep control of Stansted, which was ultimately lost after a Supreme Court ruling in 2012, leading to Stansted’s sale to Manchester Airports Group for £1.5bn.

jaishree.kalia@legalease.co.uk

Legal Business

Asia round-up: Hogan Lovells turns to A&O for first partner based in Vietnam, while Bakers appoints new MP

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Hogan Lovells has put its first partner on the ground in Vietnam, recruiting Allen & Overy’s (A&O) senior associate Jeff Olson as a partner to its corporate practice. Meanwhile, Baker & McKenzie elected partner Milton Cheng to serve as managing partner for its Hong Kong, China, Korea and Vietnam offices where he succeeds Paul Tan who held the position since October 2012.

Hogan Lovells hire of Olson is indicative of recent strategic expansion made by the firm in the Asia region, including the hire of Freshfields Bruckhaus Deringer TMT partner Mark Parsons in January this year and Kirkland & Ellis private equity partner Steven Tran last month, of which both moved to its Hong Kong office. US-qualified Olson joined from A&O’s Vietnam office and has moved to Hogan Lovells Ho Chi Minh City office.

Global head of Hogan Lovells’ corporate practice, David Gibbons, said: ‘Vietnam is a key market for our international clients and a gateway to ASEAN international trade. Jeff’s presence on the ground in Vietnam will complement our offering, along with the recent arrivals of Steven Tran and Mark Parsons in Hong Kong’.

Baker & McKenzie also made appointments in the region, electing longstanding partner Milton Cheng to succeed Paul Tan as managing partner for its Hong Kong, China, Korea and Vietnam offices. Having joined the firm’s London office in 1990 as a trainee, dual-qualified Cheng relocated to join the Hong Kong office in 1993 as an associate and became an equity partner in 2004. Previous management roles undertaken by Cheng includes serving as co-head of the corporate group and head of the firm’s Asia-Pacific mergers and acquisitions group.

Ashurst has also expanded in the region adding to its Hong Kong roster with the hire of Slaughter and May lawyer Ben Hammond, who specialises in non-contentious regulatory work.

The firm has made concerted efforts in recent months to improve its Asia offering, and finance practices in particular, and in May hired White & Case finance partner Kate Allchurch in Singapore, and relocated London-based finance partner Chris Tang and Sydney-based Doos Choi to Hong Kong.

Jonny Gordon, co-head of the global financial regulation practice and based in Sydney, said: ‘Hong Kong is a key financial centre for our clients in the Asia-Pacific region, and the addition of Ben in the non-contentious space complements our already strong contentious offering in the Hong Kong market and in the region generally’.

sarah.downey@legalease.co.uk    

Legal Business

Stephenson Harwood scales back on Asia offering with Guangzhou office closure as Hogan Lovells makes another hire

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UK firm Stephenson Harwood has closed its office in Guangzhou as the firm reviews its strategy in China, while Hogan Lovells has continued to bolster its Asia offering with another lateral hire, as Paul Hastings’ Tokyo project finance head Joe Kim joining the firm.

London-based Stephenson Harwood, which posted a respectable 8% rise in revenues to £121m alongside a 17% rise in profit per equity partner to £532,000 for the 2013/14 financial year, is understood to have shut its operations in Guangzhou as it considers potential tie-ups with local firms in the region.

Led by corporate partner Hilda Chui, the office offered services to existing and potential international investors, as well as other companies and individuals doing business or who plan to do business in Guangdong Province.

On the closure, chief executive Sharon White said in a statement: ‘In 1994, Stephenson Harwood became one of the pioneering international law firms to set up in Guangzhou. Since then, the legal landscape in China has changed considerably and we have decided to cease operating in Guangzhou.

‘Notwithstanding the cessation of our practice in Guangzhou, we will continue to maintain strong ties with the city. Our former colleagues are in the process of setting up an independent PRC law firm. We expect to maintain a close working relationship with this firm, when established.’

Stephenson Harwood recently opened an office in Seoul and earlier this year received formal approval to work with Singapore firm Virtus Law.

Others seeking to boost their Asia presence include Hogan Lovells, which has announced the hire of Paul Hastings project finance head Joseph Kim to its Tokyo finance practice. Joining the firm today [16 September], Kim will work as a partner in the infrastructure, energy resources and projects (IERP) team. According to the firm, Kim has ‘strong contacts’ with global clients including Standard Chartered Bank, Marubeni, K-Exim and K-Sure, and he will ‘strengthen [the firm’s] Japan and Korea outbound investment and financing offering as well as promote [its] global capabilities for projects involving Japanese and Korean cross-border investment projects’.

His hire follows that of Kirkland & Ellis corporate partner Steven Tran to Hogan’s Hong Kong corporate practice. As revealed by Legal Business, the firm last week also saw the departure of its business restructuring and insolvency practice head, Neil McDonald, who joined Kirkland & Ellis around the same time.

On Kim’s arrival, global finance head Sharon Lewis, said: ‘Joe’s expertise is highly sought after in the Asia market – Japanese and Korea based financing is playing an increasingly important role in global infrastructure transactions and his presence on the ground in Tokyo will be a great asset in furthering the reach of our IERP practice globally’.

Sarah.downey@legalease.co.uk

Legal Business

Revolving doors: HSF appoints Singapore head, while Kirkland and Hogan swap partners in Hong Kong

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Herbert Smith Freehills (HSF) announced its management successor in Singapore, while Kirkland and Ellis, and Hogan Lovells made partner exchanges in Hong Kong. 

In Asia, HSF announced that from October Singapore-based partner Alastair Henderson would take on the role of South East Asia managing partner after incumbent Michael Walter announced his decision to retire at the end of July 2015. Until then, Walter will continue with client work and contribute to South East Asian projects including practice management.

Walter joined legacy Herbert Smith in 2005 and was its global corporate head for five years. He relocated to Singapore in 2012 when he was appointed as the firm’s south east Asia managing partner, where he strengthened the firm’s presence, particularly in corporate and M&A, in the region.

Asia managing partner Mark Johnson said: ‘Alastair is a true expert in the region having spent more than two decades in Asia. He also leads the firm’s highly successful international arbitration practice in the region and will work closely with myself and other Asia Pacific regional and practice leaders to keep Herbert Smith Freehills as the leading practice in the region.’

Also in Asia, top ten global firm Kirkland & Ellis added Hogan Lovells’ restructuring partner Damien Coles to its global restructuring practice in Hong Kong. Coles joined fellow head of Hogan Lovells business restructuring and insolvency practice, Neil McDonald, who joined Kirkland within the same week.

Coles experience includes advising on cross-border transactions involving Indonesia, India, Malaysia, the Philippines and Thailand. He has previously advised creditor groups in relation to the restructurings of Arpeni Pratama Ocean Line, Blue Ocean Resources, Berlian Laju Tanker and Bumi Resources. His clients include credit and private equity funds, banks, insolvency practitioners and turnaround professionals.

‘Damien has established a reputation as one of the region’s rising stars in restructuring,’ said Jeffrey Hammes, chairman of Kirkland’s global management executive committee. ‘We are delighted to add Neil’s and Damien’s outstanding experience, capabilities and energy to our premier restructuring platform and top-tier Hong Kong team.’

Within the same week however, Hogan Lovells added Kirkland’s corporate partner Steven Tran to its Hong Kong corporate practice. Tran specialises in private equity and M&A in both local transactions as well as complex multi-jurisdictional cross-border deals across the Asia-Pacific region. His client base consists of private equity houses, funds and corporates.

Tran said: ‘Hogan Lovells provides an exceptional, high-quality global platform ideal for executing sophisticated cross-border transactions. This combined with the firm’s commitment to the Asia region makes it an exciting time to join the team and help to expand the private equity and M&A practice in the region.’

In London meanwhile, Addleshaw Goddard strengthened its financial litigation team with Richard Clayton who has joined as a partner from TLT. Clayton has been at TLT for the last four years, where he specialised in finance litigation and contentious regulatory work. He was also seconded to Barclay’s Bank’s Group litigation team earlier this year, and completed a seven month secondment with the litigation team at Barclays Investment Banking Division in 2010 and 2011.

He has experience of advising banks, funds, investment managers and financial institutions on investment products and structures, including derivatives and structured finance, securitisations, bonds, mandate and prospectus issues, and regulatory investigations and enforcement action.

Addleshaw Goddard litigation divisional managing partner, Michael Barnett, said: ‘This is a key appointment for us as we seek to consolidate and continue to strengthen our offering in the finance litigation and contentious regulatory work arena in the City. He has great connections with our bank panel relationships but he will also seek to create new opportunities for us, adding new work streams as well as referral relationships.’

jaishree.kalia@legalease.co.uk