Blogs Archives

Clifford Chance turns to Clydes as SRA launches probe into firm on Excalibur litigation

Clifford Chance (CC) has instructed lawyers at Clyde & Co to represent it in an investigation by the Solicitors Regulation Authority…

‘A bit unsettled’: Lloyds legal team to report to finance arm after latest restructure

Kathryn McCann

The legal team at Lloyds Banking Group (LBG) will now report to the bank’s finance team in the group’s latest…

LB sister brand The Legal 500 launches new global recruitment service

Legal Business

Legal Business’ sister brand The Legal 500 is to launch a new recruitment service.

‘Willingness to adapt’: Macfarlanes defies Brexit effect with PEP up 8%

Legal Business

In a challenging but ‘good year’ for the firm, Macfarlanes has continued growing with revenues up 4% to £167.6m.

Financials 2017: Weightmans posts stable turnover with 21% profit increase to £11m

Kathryn McCann

Top 50 national firm Weightmans has today (6 July) posted a flat turnover of £95m, while profit is up 21%…

Financials 2017: Mixed results for BLP as revenues up 7% while PEP falls

Tom Baker

Berwin Leighton Paisner (BLP) has posted mixed financial results for the year, with revenues up 7% while profit per equity…

Hausfeld takes the wheel in truck cartel damages claim with funding from Burford

Tom Baker

Competition boutique Hausfeld is partnering with litigation funder Burford Capital to offer a financing package for UK claimants to pursue…

Allen & Overy posts pace-setting 25% rise in PEP with top line reaching £1.52bn

Madeleine Farman

Allen & Overy (A&O) has soared ahead of its Magic Circle competitors, increasing its revenues by 16% to £1.52bn, while…

Financials 2017: HSF reports ‘volatile’ year with 11% turnover hike as profit dips

Kathryn McCann

It has been a mixed financial year for Anglo-Australian firm Herbert Smith Freehills (HSF), which recorded double-digit revenue growth bolstered…

UK law will remain ‘attuned to the demands of international business’: Lord Neuberger speaks up for London’s prospective status post-Brexit

Legal Business

Lord Neuberger, president of the UK Supreme Court, has defended London’s prospective status as a legal hub in the international…

And then there were three: Forex drives CC’s income up £150m as City giant hikes partner profits 11%

Madeleine Farman

Clifford Chance (CC) has become the third Magic Circle firm to announce its 2017 results, with revenues up 11% to…

Skadden and A&O act on Vantiv’s £9bn buyout of UK payment processor Worldpay

Tom Baker

An Allen & Overy (A&O) team is advising UK company Worldpay on its £9bn sale to US payment processor Vantiv,…

Charles Russell hires Hong Kong duo to enter Asia’s burgeoning high net market

Madeleine Farman

Charles Russell Speechlys (CRS) has opened its first Asian office in Hong Kong, with the hire of two lateral partners…

‘Below our expectations’: RPC profits down 8% as revenue edges up to £103m

Legal Business

RPC’s 2016/17 global profits fell 8% to £26.4m, down from last year’s £28.5m, in a year of investment and external challenges…

Financials 2017: Clydes breaks £500m barrier with another year of double-digit growth

Legal Business

Following another expansive year, led by a new global senior partner, Clyde & Co has again posted a double-digit rise…

Fieldfisher opens fifth Italy office with merger as firm set for further expansion

Tom Baker

Fieldfisher has combined with Bologna firm Lucchini Gattamorta & Associates (LGA) as it opens its fifth outpost in Italy, continuing…

Revolving doors: Jury O’Shea expands in London, Simmons in Frankfurt, HSF hires in Dubai

Georgiana Tudor

With a broad set of hires towards the end of June, Jury O’Shea hired a former Stewarts commercial litigation partner, Simmons…

Hogan Lovells launches financial regulatory consultancy with PwC director appointment

Legal Business

Hogan Lovells is set to offer advice to through a new financial services regulatory consulting practice, hiring former PwC regulatory…

US growth: Norton Rose Fulbright joins up with Chadbourne & Parke

Legal Business

Norton Rose Fulbright has completed its combination with Manhattan-headquartered Chadbourne & Parke, strengthening its North and Latin American presence with…

Dentons US associate charged with extortion after blackmail threats against firm

Legal Business

A former US Dentons associate is facing a criminal complaint of extortion against the firm after allegedly threatening to leak confidential information to a…