LLP filings 2012/13 – BLP sees bank borrowing increase from £14m to £45m David Stevenson Following a year of partner departures and a significant drop in profit per equity partner, Berwin Leighton Paisner’s limited liability partnership…
Leadership: Herbert Smith Freehills unveils new joint CEOs David Stevenson After much speculation, Herbert Smith Freehills announced today that it has appointed Sonya Leydecker (pictured) and Mark Rigotti as joint…
Revolving doors: Debevoise picks up second experienced HSF litigator David Stevenson US firm Debevoise & Plimpton has announced that Tony Dymond, former co-head of Herbert Smith Freehills (HSF) Seoul office, will…
Clifford Chance wins double pharma mandate as Merck buys AZ Electronic Materials and Amdipharm buys Acbur David Stevenson With the pharmaceutical industry driving a number of recent high value M&A deals, Clifford Chance has won mandates on two significant instructions in…
Commercially minded: Allen & Overy chooses BPP for business-focused LPC David Stevenson In what constitutes a major overhaul of its training programme, Allen & Overy (A&O) has announced today (16 December) that…
Consolidation watch: serial acquirer Shakespeares targets City practice through Davenport Lyons merger David Stevenson It may not have attracted as much attention as DWF this year but Midlands challenger firm Shakespeares shows no sign of…
LLPs face hike in tax bills as legislative changes target salaried partners David Stevenson Limited liability partnerships (LLPs) are facing significantly increased tax bills after HM Revenue & Customs (HMRC) issued draft legislation this week…
Moscow team hire: Goltsblat BLP take on real estate trio from Akin Gump David Stevenson Berwin Leighton Paisner (BLP) has bolstered its global real estate capability with the hire of a rated three partner team from…
A carve-out before Christmas – HSF agrees compromise to (largely) unite post-merger partner pay David Stevenson It was a long time coming but Herbert Smith Freehills (HSF) has finally agreed a compromise to unite equity partner…
Germany: McDermott hires Ashurst Munich partner to head private equity David Stevenson Ashurst has lost a second senior partner in Germany as Nikolaus von Jacobs leaves to head up McDermott Will & Emery’s…
More for most or less for some? Links is latest top firm to sidle towards merit pay David Stevenson Even at the top of the market, the slow march towards performance-driven pay for associates continues with Linklaters this week…
Shearman settles controlling stake in Co-operative Bank for US hedge funds David Stevenson Behind the scenes of the first-ever creditor bail-in of a bank in the UK. Last month The Co-operative Group’s £1.5bn…
HSF fallout continues as two Freehills partners quit firm in Singapore David Stevenson The fallout from last year’s combination of Herbert Smith and Australia’s Freehills continues to rumble on, with news that HSF‘s…
Positive financials continue as Simmons & Simmons posts an 8% increase in H1 revenues David Stevenson Top-20 Legal Business 100 firm Simmons & Simmons has reported an 8% increase in revenues for the half year (H1)…
Hill Dickinson sees H1 revenues up 6% following summer cash call David Stevenson Top-40 LB100 firm Hill Dickinson has posted a half year increase in revenues from £54.9m from £51.9m this time last…
Blazing a trail: DWF unveils 58% H1 revenue growth and increased profits David Stevenson It set the market on fire this year after picking of the lion’s share of Cobbetts at the end of…
At last a City deal for Wragge & Co? Midlands giant aims for £170m tie-up with Lawrence Graham David Stevenson Wragge & Co at last has the prospect of achieving its long-held dream of securing a substantive City merger, with…
Baker & McKenzie hires EY tax partner as EY looks at growth David Stevenson Baker & McKenzie has again turned to one of the Big Four accountancy firms to boost its sizeable London tax practice…
Back to basics: BLP hires DLA Piper real estate partner Karen Friebe David Stevenson More recently the subject of headlines announcing partner departures, Berwin Leighton Paisner (BLP) today announced the appointment of Karen Friebe, a…
Davis Polk bolsters English law practice with hire of Ashurst finance partner Nick Benham David Stevenson Davis Polk & Wardwell’s aggressive approach to building and developing an English law practice has seen the top 30 global…
