LB100 Second 50 – Regional focus: Crawling on a razor

LB100 Second 50 – Regional focus: Crawling on a razor

Smaller regional and national firms have gained ground on their London rivals in this year’s Legal Business 100 (LB100) after years of the productivity gap widening in favour of the City. And, as some of the strongest performers from the 32 regional firms in the 51-100 bracket have shown, a big part of the shift …

Kennedys looks to ensure next stage of growth with first managing partner

Kennedys looks to ensure next stage of growth with first managing partner

Kennedys has appointed its first global managing partner following a sustained period of growth which has seen turnover increase 70% in the last five years on the back of expansion into 37 international offices. Suzanne Liversidge (pictured), who joined the insurance and shipping specialist as the head of its Sheffield office in 2010, was today (20 …

Brexit and oil price stymie Burness Paull as profit drops 8%

Brexit and oil price stymie Burness Paull as profit drops 8%

Burness Paull has felt the effect of economic and political uncertainty more than most this year, reporting muted growth and an 8% drop in profit as two of its biggest markets struggled. Revenue at the Scottish independent was up a sluggish 2% to £58.5m for the 2018/19 financial year, while profit fell to £22m from …

‘Money well spent’: DWF revenue climbs 15% as £20m IPO cost weighs on profit

‘Money well spent’: DWF revenue climbs 15% as £20m IPO cost weighs on profit

DWF chief executive Andrew Leaitherland (pictured) says the £20m cost of its London Stock Exchange listing is ‘money well spent’ after the firm reported double-digit revenue growth and set out its ambitions for further expansion. The firm said today [31 July] its revenue rose 15% to £272m in the 2018/19 financial year, of which 12.5% was …

Eversheds spins off New Law arm to supercharge growth and attract external investment

Eversheds spins off New Law arm to supercharge growth and attract external investment

Hamish McNicol reports on Eversheds Sutherland taking the partnership shackles off its Konexo offering The alternative legal service provider (ALSP) market is estimated to be worth more than $10bn annually. Research led by Thomson Reuters, called Alternative Legal Service Providers 2019: Fast Growth, Expanding Use and Increasing Opportunity, found that the revenue generated from ALSPs …

The clean-up crew – The rise of the in-house litigator

The clean-up crew – The rise of the in-house litigator

It is a complex world. Globalisation, increasingly interconnected economies, decades of tougher regulation and, yes, frenetic levels of law making across the world mean that getting business right is harder than ever and not all the proliferating risks can be managed. All perfect conditions for litigators, which is why much of the post-banking crisis boom …

The Client Profile: Elizabeth Messud, Kingfisher

The Client Profile: Elizabeth Messud, Kingfisher

Living at the home of an ancient babushka. Rubbing shoulders with bodyguards on share acquisition deals. Arranging licensing deals so that The Muppets characters can appear on ice cream wrappers in Russia. ‘It’s been a fascinating and varied 25 years of practice, made deeply rich by the experience of different people and their different ways,’ …

Revolving doors: Eversheds ups City disputes investment as White & Case hires Latham duo in Milan

Revolving doors: Eversheds ups City disputes investment as White & Case hires Latham duo in Milan

Eversheds Sutherland has added to recent investment in its London litigation and dispute management practice with a lateral hire from Shepherd and Wedderburn, the sixth addition to the team in the last year. White & Case, meanwhile, made a notable double-hire from Latham & Watkins in Milan to its banking and M&A practices, as TLT expanded …