Financial results 2013/14: Osborne Clarke unveils a PEP increase of 46% Legal Business Osborne Clarke continues its upward growth trajectory with an announcement today (6 June) of a 46% increase in profit per equity…
Zoopla! Freshfields and Slaughter and May line up for £1bn float of the UK’s second biggest property website Legal Business The anticipated £1bn initial public offering (IPO) of the UK’s second largest online property website has seen Magic Circle firms…
Energy lawyers welcome Queen’s speech as Infrastructure Bill set to open pathways to fracking Legal Business Energy lawyers are expecting a hike in UK shale gas projects after the Queen’s speech yesterday (4 June) outlined plans…
Financial results 2013/14: CMS unveils flat revenues with profit up 3.3% Legal Business CMS has unveiled a marginal increase in revenue for the 2013/14 financial year, with turnover up by under 1% from €837.7m…
‘Create an environment where you’re not necessary’ – Grayling tells LSB to work towards its abolition Legal Business The Lord Chancellor Chris Grayling yesterday (4 June) outlined plans for the Legal Services Board (LSB) to wind itself down…
EY hires Freshfields’ Richard Norbruis to head global transaction group Legal Business EY has made its third senior private practice hire in three months months with the announcement that Freshfields Bruckhaus Deringer partner…
Financial results 2013/14: Taylor Wessing’s PEP up 21% alongside 7.4% increase in UK revenue Legal Business Taylor Wessing yesterday (2 June) became one of the earlier UK movers in disclosing its financial results for the 2013/14 year,…
Firms face additional partner pensions liability after Supreme Court defines LLP members as ‘workers’ Legal Business Partnerships could now be saddled with a new layer of financial and administrative responsibility after a Supreme Court ruling last…
Freshfields increases associate pay across the board Legal Business Freshfields Bruckhaus Deringer today (29 May) unveiled a significant pay hike for its newly qualified (NQ) and junior ranks, with…
Flight MH370: Kennedys’ aviation partner David Johnston on standby for claims Legal Business As the Malaysian government this week releases the raw data used to show Malaysian Airlines flight MH370 crashed into the…
Further hire for Thirty Nine Essex with arrival of Ince & Co litigation partner Legal Business After three decades in private practice longstanding Ince & Co litigation partner Denys Hickey has re-joined the Bar with a…
Updated: Linklaters and Freshfields lead on Lloyds’ 25% TSB float for £1.5bn Legal Business Linklaters’ Matthew Bland is advising Lloyds Bank on its floatation of a 25% of its TSB business on the London Stock…
Approved – Squire Sanders and Patton Boggs confirm merger Legal Business Despite reports in the US legal press that the merger between Squire Sanders and Washington-headquartered lobbying firm Patton Boggs may have hit…
Guest Post: Our battle for market share (why growth is not dead) Legal Business It has become bromidic to observe that we’ve moved from a linear growth market, ever up and to the right,…
A&O’s former global antitrust head Olivier Fréget leaves to set up competition boutique Legal Business Olivier Fréget, co-head of Allen & Overy’s (A&O’s) global antitrust group until the end of last year, has left the…
SRA approves plans to broaden qualification route beyond training contracts Legal Business The Solicitors Regulation Authority (SRA) board yesterday (21 May) formally approved an overhaul of its training regulations and continuing professional…
BP brings in reverse auction as it pushes ahead with panel review Legal Business BP has introduced a reverse auction into its latest panel tender process, an announcement which comes in the same week…
Comment: A precarious professionalism – Do City lawyers take ethics for granted? Legal Business The practice of law has flipped from vocation to business. Law firms and individual lawyers are measured explicitly in predominantly…
Clyde & Co whistleblower case sees Supreme Court rule partners are afforded protection Legal Business Partners who expose malpractice in their own law firm will now be protected by whistleblower legislation, the Supreme Court ruled…
DLA Piper stands by scandal-hit lawyer Nick West as he issues apology Legal Business Following a conduct review, DLA Piper has opted to stand by Nick West, whose sexist email exchanges with Premier League…