Financials 2017: Shoosmiths posts 9% hike in revenue while PEP remains flat Kathryn McCann National firm Shoosmiths has posted a 9% rise in revenue from £107m to £116.7m, but profit per equity partner (PEP)…
‘Our focus has proven successful’: technology drives revenue growth as Bird & Bird latest to unveil financials Legal Business Bird & Bird has recorded its 26th year of turnover growth, with global revenues for 2016/17 up 5% in euros…
‘Broadly satisfied’: Freshfields posts flat revenue after year dominated by efficiency drives Legal Business A year after recording the standout financial performance of the Magic Circle, Freshfields Bruckhaus Deringer has posted flat turnover for…
‘More difficult UK market’: Dentons’ UKMEA PEP drops 9% as turnover slows Legal Business Dentons has revealed the 2016/17 financial results for its UK, Middle East and Africa (UKMEA) LLP, showing a 9% fall…
Financials 2017: Mishcon breaking targets again as revenue doubles in five years Madeleine Farman Law Firm of the Year Mishcon de Reya has posted yet another outstanding set of financials for 2016/17, with turnover…
Financials 2017: Pinsents breaks £400m barrier to post double-digit PEP growth in strong year Kathryn McCann After a subdued 2015/16 financial year, Pinsent Masons has broken the £400m barrier with revenues up 11% from £382.3m to…
Skadden, White & Case, Freshfields, Simpson lead elite firms on Europe’s largest software buyout Legal Business Skadden, Arps, Slate, Meagher & Flom and White & Case advised HgCapital as it led a consortium of investors purchasing €4.64bn…
DLA Piper and A&O lead firms on Link’s £888m buyout of UK business services group Capita Marco Cillario Eversheds Sutherland, Macfarlanes, DLA Piper and Allen & Overy (A&O) are advising on Australia-headquartered Link Group’s £888m purchase of UK-based Capita Asset…
Race to the top: Baker McKenzie promotes 80 new global partners and elects German managing partner Marco Cillario Baker McKenzie has made up 80 new global partners, bringing this year’s partnership intake to 139, while electing Matthias Scholz…
Financials 2017: Linklaters sees currency impact drive 10% income hike as PEP surges 8% to hit £1.5m Legal Business Global revenue at Linklaters was up 9.8% in 2016/17 to £1.44bn, a record high for the Magic Circle firm, although…
‘A complementary fit’: Kennedys acquires Manchester outfit Berg & Co Kathryn McCann Kennedys, which yesterday (28 June) announced an 8% rise in revenue, has acquired Manchester-based Berg & Co, bringing the firm’s…
Slater and Gordon managing director Grech steps down amid major recapitalisation plan Legal Business Andrew Grech, Slater and Gordon (S&G)’s group managing director has stepped down with immediate effect today (29 June) as part…
DLA builds up African presence with Tunisia and Senegal firm buyouts Kathryn McCann DLA Piper has continued its expansion in Africa with the acquisitions of Tunisian firm El Ajeri Lawyers, based in Tunis…
Financials 2016/17: Kennedys posts 8% growth as expansive insurance player builds Euro business Kathryn McCann With a core base of demanding clients facing an uncertain future, insurance specialist Kennedys will be relieved to have posted 8%…
Financials 2017: Taylor Wessing UK PEP down while global profit approaches £100m Legal Business Taylor Wessing has released further details of its financial performance in 2016/17, showing the modest 1.8% increase in its UK…
Fieldfisher, Capsticks and Capital Law win spots on SRA’s new general advisory panel Kathryn McCann Fieldfisher, Capsticks and Capital Law have all won roles on the Solicitors Regulation Authority’s (SRA) inaugural general counsel (GC) panel, Legal…
Cleary, CC and Covington lead as EC fine Google €2.4bn for abuse of dominance in online shopping comparison Legal Business The European Commission (EC) has today (27 June) fined Google €2.4bn for abuse of dominance as a search engine, illegally…
DWF in acquisition mode as it swoops on legal cost business NeoLaw Kathryn McCann DWF has bought up legal costs specialist NeoLaw in a deal which will see 21 people join DWF’s London and…
Law Society and SRA launch review to cut practising fee by 4% Kathryn McCann The Law Society and The Solicitors Regulation Authority (SRA) have launched a consultation on a proposed 4% cut from the…
Financials 2017: Ashurst boosts revenues 7% after year of departures and disappointing financial results Madeleine Farman Ashurst has improved its revenues by 7%, following last year’s disappointing financial results, with an 11% boost to its profits…
