20% revenue growth at Stephenson Harwood sees turnover top £145m with PEP surging to £763,000 Legal Business Stephenson Harwood has posted a 20% rise in revenues to £145m for the 2014/15 financial year, boosted by receipts from several…
GC Power List – the 2015 Summer Reception looms Legal Business In a shameless shout-out for my own shop, I’m making up this opportunity to highlight what is already one of…
13 partners to go in Germany as Olswang announces ‘decoupling’ of Berlin arm Legal Business Olswang has announced that 13 German equity partners, specialising mainly in corporate and finance, will be leaving the firm later…
Revitalised Nabarro posts 8% revenue growth, a 21% PEP leap and sets out new strategy Legal Business After flat turnover growth in recent years, Nabarro has recorded £126m in revenue for the 2014/15 financial year, an 8% rise on…
‘You can’t buy loyalty’ – Fieldfisher’s Lohn on the dos and don’ts of making the lateral hiring game pay off Legal Business For most law firms, growth connotes success. Strategies to deliver the desired growth will usually rely on a steady, sometimes…
Mishcon picks consultancy duo to lead strategy review as firm examines pay structure Legal Business City firm Mishcon de Reya has appointed external consultant duo, Alan Hodgart and Robbie Cowan, to help shape its 10-year…
FCA fines triple to £1.5bn in 2014 but drop off expected as regulators switch focus to individuals Legal Business After the landmark fines issued to banks over Libor and foreign exchange market manipulation, the Financial Conduct Authority (FCA) saw…
Simmons breaks into growing legal product market with start-up tool targeting hedge funds Legal Business Seeking to turn the City’s next big hedge funds into clients, Simmons & Simmons has entered the growing legal product…
CC loses City finance partner to Milbank as Pinsents benefits from German exits with IP hire Legal Business Pinsent Masons has become the latest firm to benefit from the on-going travails of Clifford Chance’s (CC) German offering with…
Herbert Smith Freehills shuts Abu Dhabi office as firm consolidates Middle East presence Legal Business Reduced to just one partner in Abu Dhabi, Herbert Smith Freehills is shutting the office and shifting its five-lawyer team…
PwC Legal hires Mayer Brown’s former German chief in financial services drive Legal Business PwC Legal has expanded its German legal team with the hire of Mayer Brown banking and finance partner Jorg Wulfken…
Freshfields looks to ruffle New York disputes market with hire of Simpson Thacher’s Martin Legal Business Freshfields Bruckhaus Deringer has made a significant move to enhance its US practice with the hire of Simpson Thacher &…
Press watchdog looks at new arbitration body to handle media claims Legal Business The Independent Press Standards Organisation (IPSO) has launched a three month consultation on creating a new arbitration scheme to settle…
Boies Schiller boosts London presence as it takes on third City partner with WilmerHale hire Legal Business Eighteen months on from its City launch, Boies, Schiller & Flexner has hired its third partner with Kenneth Beale joining…
Brown Rudnick hires Clydes’ corporate head as it targets Francophone work Legal Business Clyde & Co head of corporate Philip Rogers is leaving the firm after eleven years to head up Brown Rudnick’s…
Law’s ‘class ceiling’ – Government report finds one law firm hires 60% of trainees from Oxbridge Legal Business A government report into barriers of entry in the professions has criticised the ‘class ceiling’ at law firms and other…
Freshfields targets US and Asia for two more business service hubs amid plans for 24/7 legal support Legal Business After taking the decision to move back-office staff out of its London headquarters to Manchester in a nearshoring exercise, Freshfields…
We need to talk… about technology: Shepherds’ CEO Gibb on keeping pace with technology Legal Business Innovation lies at the core of technology. Evolution and improvement in the ways we design and use basic utilities and…
Guest post: Law firm mergers – be clear if it’s for your balance sheet or your clients or it won’t go well Legal Business The industry standard in tracking US law firm mergers, Altman Weil’s Mergerline, has had this to say about activity in…
Taylor Wessing’s Tim Eyles to stand unopposed in upcoming managing partner election Legal Business LB100 firm Taylor Wessing’s managing partner, Tim Eyles (pictured), is set to stand unopposed in the firm’s upcoming management election…