Norton Rose Fulbright ups NQ salaries to Magic Circle levels Legal Business Top 10 Global 100 firm Norton Rose Fulbright (NRF) has elevated its newly-qualified (NQ) lawyer salaries to Magic Circle firm levels,…
RPC bolsters insurance and marine teams with double hire from Clydes and Holman Fenwick Legal Business RPC has strengthened its insurance and marine capability in the UK and Asia with the hire of senior insurance litigation partner…
Squire Patton Boggs bolsters Asia presence with Tokyo merger Legal Business Newly-merged transatlantic firm Squire Patton Boggs has bolstered its presence in Tokyo by tying up with Japan-headquartered corporate boutique Mamiya Law…
Revolving Doors: DLA hires in France and the US; Simmons grows Bristol; Gibson Dunn expands in Beijing and Hong Kong Legal Business International expansion last week saw DLA Piper hire Holman Fenwick Willan’s (HFW) Paris head of tax Hervé Israël and bolster its…
Herbert Smith Freehills launches German competition practice with hire of Taylor Wessing head Michael Dietrich Legal Business Herbert Smith Freehills (HSF) has moved one step closer to offering clients a full service out of its still fledgling German…
Hogan Lovells ties up with Mexico’s Barrera, Siqueiros y Torres Landa Legal Business Hogan Lovells has made further inroads in Latin America by tying up with leading Mexican firm Barrera, Siqueiros y Torres Landa…
CC edges ahead in growth as Linklaters and Freshfields unveil financial results Legal Business Clifford Chance has emerged as the strongest-performing Magic Circle firm financially for 2013/14, as the UK elite all unveiled unaudited sterling…
Financial results 2013/14: Norton Rose Fulbright unveils revenue of $1.85bn and PEP of $660k Legal Business In its first financial year post-merger Norton Rose Fulbright (NRF) has recorded revenues of $1.851bn with profit per equity partner (PEP)…
Bar and MoJ end fee impasse over high value legal aid fraud cases with further talks underway Legal Business Leaders at the Bar have agreed an interim deal with the Ministry of Justice to end the fee impasse that…
Financial results 2013/14: Fieldfisher breaks through £100m threshold with 10% rise in turnover Legal Business Fieldfisher has broken through the £100m revenue threshold reporting a 10% rise to £104m and a moderate 3% increase in profit…
Financial results 2013/14: Ashurst unveils post-merger turnover of £586m and PEP of £801k as Simmons reveals return to growth Jaishree Kalia Ashurst has unveiled its first post-merger financial results, boasting revenues of £586m and a profit per equity partner (PEP) of £801,000.…
Mishcon de Reya sees PEP soar by 16% while Pinsent Masons posts 4.6% revenue increase Legal Business Mishcon de Reya has hit its target of £100m in revenues by 2016, with 2013/14 turnover up 18% to £104.6m and…
A&O and Davis Polk London line up on €7bn IPO of NN Group Jaishree Kalia Billed to be the largest initial public offering (IPO) in Europe to date this year, Allen & Overy (A&O) and the…
Reed Smith builds City finance practice with Pinsents REF partner Matthew Heaton Legal Business Reed Smith continues to piece together its City finance offering with a series of lateral hires, as Pinsent Masons partner Matthew…
Careers counsel for aspiring lawyers: Roche’s Funke Abimbola Legal Business Roche UK managing counsel Funke Abimbola (pictured) has embraced diversity in both her widely varied in-house activity and in her…
Financial results 2013/14: Olswang suffers further drop in PEP to £490k with turnover up 7% to £117.6m Legal Business Olswang has reported mixed 2013/14 financial results with profit per equity partner (PEP) down 4%, following a double-digit drop last…
Bird & Bird secures further international tie-up with Istanbul tech leader BTS Tom Moore Bird & Bird has entered into a cooperation agreement with leading Istanbul IT and telecoms boutique BTS & Partners, just a…
Cleary bumps up London junior pay in end to salary freeze Legal Business Cleary Gottlieb Steen & Hamilton has increased its trainee and junior-level associate pay following a salary freeze, pushing second year post…
Davis Polk promotes first City partner in five years Legal Business Davis Polk & Wardwell has made up its first London partner in five years with the promotion of corporate lawyer Reuven…
SRA votes to cut minimum PII cover from £2m to £500k despite fears over damage to legal brand Legal Business The Solicitors Regulation Authority (SRA) has voted to cut the minimum compulsory cover for professional indemnity insurance (PII) from £2m…