Revolving doors: K&L Gates and CC make key appointments as Pinsent Masons makes Magic Circle hire for new Düsseldorf office Legal Business In this week’s appointment round-up, Clifford Chance (CC) has added muscle to its New York office and K&L Gates has…
Record year for Linklaters as strong M&A run pushes firm over £1.3bn revenue boundary Legal Business Revenue at Linklaters has crossed £1.3bn for the first time, up 3% in 2015/16 to £1.31bn, as profits per equity…
A mixed bag for Simmons & Simmons as firm posts record turnover but tumbling PEP Legal Business Results season has proved something of a mixed bag for Simmons & Simmons, with turnover up 2% in 2015/16 to…
Eversheds records 7% revenue bump but PEP stays flat Legal Business Eversheds has reported revenue growth of 7% to £405.5m for 2015/16. The increase follows a year of flat turnover for…
In-house: RBS latest to shake up internal function with summer review of legal team structure Legal Business The Royal Bank of Scotland (RBS) has kicked off a review of its 400-strong legal team to control costs and…
Big Bar boost: Fountain Court makes seven strong team hire, including two silks Sarah Downey Leading set Fountain Court Chambers has boosted its commercial offering and with the recruit of two silks and five junior…
The Brexit effect: BLP becomes the first City firm to freeze pay post EU referendum Tom Moore City firm Berwin Leighton Paisner (BLP) has become the first law firm to freeze pay for UK staff following the…
KWM mulls cash call after increasing Barclays facility to £25m Legal Business King & Wood Mallesons‘ (KWM) European and Middle East business is mulling a cash call months after increasing its loan…
Maintaining growth: Bird & Bird keeps pace with 6% revenue hike Legal Business Bird & Bird has reported another year of solid growth, with revenue up 6% to €343.8m from €325.5m for the…
Travers Smith matches Slaughters associate base pay as indies beat Brexit woes to lift salaries Legal Business Despite post-Brexit referendum market turbulence, independent firms Travers Smith and Macfarlanes have both elevated their newly-qualified (NQ) pay levels, with…
‘The time is right’: ENRC drops Debevoise for Quinn Emanuel on SFO probe Legal Business Mining giant Eurasian National Resources Corp (ENRC) has ceased its working relationship with Debevoise & Plimpton in favour of Quinn…
Guest post: Don’t abuse the Brexit litigants – their action shows we live in a free country Legal Business The law firm Mishcon de Reya is bringing an action to force the Prime Minister, whoever she (or just conceivably…
‘Another milestone’: White & Case and A&O take roles in $1.3bn software deal as Avast buys AVG Madeleine Farman White & Case, Allen & Overy, Orrick, Herrington & Sutcliffe and De Brauw Blackstone Westbroek have won advisory roles as…
Addleshaws votes through key partnership deed changes including wider exit provisions Kathryn McCann After a drawn-out process, Addleshaw Goddard has voted through several changes to its partnership deed, including further restrictions on partner…
‘Maintaining momentum’: Taylor Wessing posts UK income up 4.4% to £126.6m Legal Business Growth has stalled at Taylor Wessing as UK income is up 4.4% to £126.6m. The results follow an increase of…
Anger over article 50: Protesters gather outside Mishcon over Brexit legal challenge Legal Business Protesters gathered outside the headquarters of City firm Mishcon de Reya today (7 July) in response to the firm’s plans…
Freshfields rides out choppy deal market to outpace CC and A&O with £82m revenue hike Madeleine Farman Freshfields Bruckhaus Deringer posted a revenue increase of 7% to £1.327bn for the 2015/16 financial year, clawing back from last…
In reverse: BLP the latest UK firm to report falling revenue as turnover drops 2% to £254m Tom Moore After something of a revival in 2014/15, Berwin Leighton Paisner (BLP) went into reverse last year as revenue dropped 2%…
Comment: The lexicon of inefficiency – in-house counsel’s artisan improvisation is out of date Legal Business It is not easy to be an in-house lawyer. Thank goodness, however, because if it was why on earth would…
‘Far from satisfactory’: Chilcot highly critical of Lord Goldsmith over Iraq War Legal Business Lord Peter Goldsmith, the UK attorney general at the time of the Iraq war, has been heavily criticised in the…
