New Law, new money: UnitedLex turnover hits $350m with UK expansion on the cards Thomas Alan US New Law provider UnitedLex has bolstered its total revenue to $350m in its most recent financial results, with expansion…
Asia coup for Bakers as partnership chooses Hong Kong’s Cheng as new chair Thomas Alan The partnership of global giant Baker McKenzie has voted in Milton Cheng to become the firm’s next chair. A Bakers lifer,…
Realistic: Eversheds sets new targets to combat paltry BAME partner numbers Thomas Alan Transatlantic firm Eversheds Sutherland has today (19 September) announced new targets to improve BAME representation across its UK partnership, with…
Luminance creates new advisory board as senior lawyers line up to back legal tech start-ups Thomas Alan UK legal tech company Luminance has established a new advisory board aimed at accelerating AI adoption by BigLaw, with Slaughter…
Private equity bidder closes in on Axiom break-off as sponsors continue New Law push Thomas Alan The private equity push into New Law looks to be gathering momentum with Axiom Managed Solutions (AMS) in talks to…
Nice problems to have – Where now for Stephenson Harwood as veteran chief hands over? Thomas Alan With longstanding chief executive Sharon White bowing out, Stephenson Harwood can look back on a strong ten years. Thomas Alan…
Mud sticks to Burford amid intense row but dispute funders’ rise looks assured Thomas Alan ‘Throw enough mud at a wall, and some of it will stick,’ the proverb says. But since US investor Muddy…
Case study: Brodies Thomas Alan With the expansion of UK and international firms north of the border, as well as the stepping down of former…
Deloitte launches pioneering post-grad training contract as education shake-up looms Thomas Alan Big Four giant Deloitte has teamed up with the University of Law (ULaw) to launch a work-based training contract for…
New Law leader Axiom abandons IPO for Permira private equity sale Thomas Alan New Law pioneer Axiom has ditched long-trailed plans for an initial public offering (IPO) after securing a ‘significant investment’ from…
Vannin Capital ends flotation plans after acquisition by private equity house Fortress Thomas Alan High-profile litigation funder Vannin Capital has been acquired by private equity house Fortress almost a year after shelving its planned…
HSF and Mishcon enlisted as legal battle over suspension of Parliament intensifies Thomas Alan Sir John Major (pictured) has instructed litigation heavyweight Herbert Smith Freehills (HSF) as the former Prime Minister looks to join investment…
‘Satisfied’ Baker McKenzie adds $200m to top line but market volatility slows growth to a crawl Thomas Alan Baker McKenzie grew revenue to $2.92bn while partner profits hit $1.48m as uncertainty made for a more subdued year at…
Controversy surrounds Burford as executive is accused of trading documents for sex tape Thomas Alan An executive at under-fire Burford Capital has been accused of unlawfully exchanging confidential documents for a sex tape in a…
Burford names new CFO and governance shake-up amid activist investor row Thomas Alan Litigation funder Burford Capital has appointed a new CFO and begun a search for two new independent directors to its…
Scottish judge fast-tracks legal challenge to stop a forced no-deal Brexit Thomas Alan A judge at the Court of Session in Edinburgh has fast-tracked a legal challenge to prevent Prime Minister Boris Johnson…
Disputes heavyweights weigh in as Burford Capital alleges ‘illegal manipulation’ of shares after Muddy Waters attack Thomas Alan Freshfields Bruckhaus Deringer, Quinn Emanuel Urquhart & Sullivan and Morrison & Foester have all been enlisted by litigation funder Burford Capital…
Insurance business sale reduces Hill Dicks revenue 7% as shrinking partnership boosts profit Thomas Alan Profit and profit per equity partner (PEP) increased at shipping specialists Hill Dickinson last year but revenue dived following the sale…
HFW profits drop 9% as investment costs weigh in ‘tough’ market Thomas Alan UK top 50 firm HFW has had a tougher year which saw revenues flatline as profits and profit per equity partner…
Life during law: Andy Ryde Thomas Alan It never occurred to me to be a lawyer until sixth form. I went to a regular comprehensive school and…