Comment: As KWM cracks, beware re-written history and schadenfreude Legal Business Happy New Year, profession. Barely have we gotten into 2017 and the inevitable has happened: the legacy SJ Berwin business…
Eversheds average member remuneration drops 10% to £386,000, as staff costs increase 16% to £174m Kathryn McCann Eversheds LLP’s have revealed that the firm’s average remuneration per member has dropped 10% from £410,000 to £386,000 as the…
Magic Circle duo to take home £102m in fees from mega stock exchange merger Legal Business Freshfields Bruckhaus Deringer and Linklaters are expected to take home £102m in fees as they advise on the London Stock…
Pinsents, Bond Dickinson and ShepWedd take panel spots for Severn Trent and United Utilities JV Legal Business Pinsent Masons, Bond Dickinson and Shepherd and Wedderburn have all won places on Water Plus’ legal panel. The new business…
Hogan Lovells International posts 26% PEP boost as firm moves to pay down pension liability Legal Business Hogan Lovells International, which covers the firm’s operations outside of the US, has seen an 8% increase in turnover compared…
Fieldfisher returns to Shanghai with four-partner office opening Legal Business Fieldfisher has strengthened its Chinese presence by opening a new office in Shanghai with four partners, and said it will…
In flux: Herbert Smith Freehills cites forex impact as accounts slice £38m off the top line Legal Business With complex structures and global operations, it has become increasingly difficult to benchmark financial performance of major law firms… which…
A different Middle East playbook: Dentons launches in Jeddah as CC and HSF pull out of Qatar Georgiana Tudor Dentons has announced today (7 February) it is to launch in Jeddah at the same time as Clifford Chance and…
Texas rangers: Gibson Dunn and Winston & Strawn launch new offices in the Lone Star State Legal Business Gibson, Dunn & Crutcher and Winston & Strawn have both added to their footprints in Texas this week, simultaneously announcing…
‘A self-serving industry’: barristers blast Bar Standards Board over training reform Legal Business Over 500 barristers have condemned proposals from the Bar Standards Board (BSB) to reform the regime for barristers-in-training. High-profile members…
LLP latest: spending spike and debt increase underlines tough year for Ashurst Madeleine Farman Ashurst’s latest LLP accounts show a spike in capital expenditure and a stark fall in operating profit defined a tough…
Revolving doors: Clydes and Bird & Bird boost offerings as Barclays makes key appointment Legal Business Clyde & Co has strengthened its London office with a new recruit, as Herbert Smith Freehills (HSF), Bird & Bird,…
9,000 clients vote: BLP, Travers and DLA Piper win plaudits for innovation but City giants miss the mark Legal Business In a margin-conscious environment it is tough for advisers to catch a client’s eye, but according to flagship research into…
Addleshaws plans to disband third partnership tier as Scottish merger beds down Kathryn McCann Management at Addleshaw Goddard is planning to ultimately phase out its third partnership class, which has been created to accommodate…
Camerons to raise top of equity to keep Nabarro heavyweights Matthew Field CMS Cameron McKenna is to stretch its top of equity to accommodate the highest-earning Nabarro partners, as the firms prepare…
A&O continues US expansion with third litigation hire in a month Madeleine Farman Allen & Overy (A&O) has continued its expansion in the US with the appointment of Eugene Ingoglia to its investigations…
National Grid reshuffles in-house team as firms join new panel Legal Business National Grid has reorganised its in-house legal function following the £13.8bn separation of its gas distribution business.
Al-Sweady inquiry: Shiner struck off for dishonesty with £250,000 costs over Iraq war claims Legal Business Human rights lawyer Professor Phil Shiner has been struck off and ordered to pay costs of £250,000 by the Solicitors…
Quinn prepares to mount shareholder claim against BT following accounting scandal Legal Business Quinn Emanuel Urquhart & Sullivan is investigating a potential class action against BT on behalf of its shareholders following an…
Freshfields LLPs reveal revenue £40m short of previously stated turnover Legal Business Freshfields Bruckhaus Deringer‘s Companies House filings state turnover as £40m lower than its previously reported revenue figures for 2015/16, with…
