Guest post: Don’t abuse the Brexit litigants – their action shows we live in a free country Legal Business The law firm Mishcon de Reya is bringing an action to force the Prime Minister, whoever she (or just conceivably…
‘Maintaining momentum’: Taylor Wessing posts UK income up 4.4% to £126.6m Legal Business Growth has stalled at Taylor Wessing as UK income is up 4.4% to £126.6m. The results follow an increase of…
Anger over article 50: Protesters gather outside Mishcon over Brexit legal challenge Legal Business Protesters gathered outside the headquarters of City firm Mishcon de Reya today (7 July) in response to the firm’s plans…
Comment: The lexicon of inefficiency – in-house counsel’s artisan improvisation is out of date Legal Business It is not easy to be an in-house lawyer. Thank goodness, however, because if it was why on earth would…
‘Far from satisfactory’: Chilcot highly critical of Lord Goldsmith over Iraq War Legal Business Lord Peter Goldsmith, the UK attorney general at the time of the Iraq war, has been heavily criticised in the…
Financials 2015/16: DAC Beachcroft posts 9% profit boost despite subdued turnover Legal Business As the firm continues gradual growth, DAC Beachcroft increased turnover to £202m, a 2% increase on last year’s £200m. Profit before…
‘Obviously some headwinds’: Clifford Chance revenue up 3% while PEP leaps by 10% Legal Business Clifford Chance (CC) has become the second Magic Circle firm to announce its financial results for the 2015/16 year, with…
‘Building our business’: Turnover growth stalls at Shoosmiths with 4% revenue rise Legal Business Shoosmiths has seen revenue rise 4% for 2015/16 to £107m, down on the firm’s double digit growth last year of…
US firms take roles as Melrose becomes first post-Brexit acquirer with $2.81bn Nortek purchase Legal Business In a post-Brexit referendum takeover which has seen turnaround group Melrose’s shares soar, Simpson Thacher & Bartlett and Weil, Gotshal…
HSF delivers best post-merger revenue performance yet with revenues up 7% to £870m Legal Business Herbert Smith Freehills (HSF) has put in its strongest financial performance since its creation in 2012 through the merger of…
Clifford Chance latest to partner with tech firm Kira as major players make AI push Legal Business Clifford Chance (CC) has become the latest firm to increase its investment in technology initiatives, announcing this morning (5 July)…
OneSavings Bank takes Santander’s Elphick for GC role Legal Business Former Santander head of banking legal Jason Elphick has joined OneSavings Bank as group general counsel and company secretary.
Comment: GCs are just like private practice, so ‘Trust the lawyers’ won’t cut it for them either Legal Business Are you a Capitulator? A Coaster? A Champion? Comfortably Numb perhaps? To an in-house profession used to having its qualities…
IP UK Legal Business Brexit and the outlook for sports law Sport is a multibillion-dollar global industry on a permanent growth trend. Football, that…
The future for Scottish firms Legal Business Brodies’ Bill Drummond on the way ahead for the firm At this time of year, along with most managing partners,…
Quinn acts on biggest UK lawsuit ever as MasterCard hit by £19bn claim Legal Business MasterCard has become the first big victim of new UK laws allowing US-style class actions, with litigation powerhouse Quinn Emanuel…
Financials 2015/16: Clyde & Co posts double-digit revenue growth and record PEP Legal Business Clyde & Co has posted an impressive 13% increase in turnover, topping last year’s 9% revenue boost amid a year…
Brexit challenged: Mishcon takes on article 50 action for mystery clients Legal Business Mishcon de Reya is preparing to launch a legal action over the triggering of article 50 and the process of…
Linklaters leadership shuffle: Senior partner candidate Comiskey made corporate head Legal Business Less than two months after missing out on the coveted senior partner role at Linklaters, Aedamar Comiskey has been made…
‘Questions remain’: Three former Barclays traders convicted in London Libor trial Legal Business The Serious Fraud Office (SFO) has secured a major win today (4 July) after three former Barclays traders were found…
