Barely into 2014 another PE house bets on law as Permira puts £122m into LegalZoom Legal Business It’s a deal that brings together one of the most touted ‘alternative’ legal service providers with one of Europe’s top…
Mid-market feeding frenzy: Addleshaw, Bristows, Field Fisher and Irwin Mitchell unveil lateral hires Francesca Fanshawe The New Year lateral hiring spree has gathered momentum, with Addleshaw Goddard, Irwin Mitchell, Bristows and Field Fisher Waterhouse all…
CC formally launches ‘first-of-its-kind’ Saudi partnership but Riyadh remains a tough nut to crack Legal Business Clifford Chance today (6 January) formally announced the launch of its joint Saudi and foreign-owned law firm in Riyadh, boasting…
Asia-Pacific: Pinsents continues expansion with high-profile appointments in Singapore and Shanghai Francesca Fanshawe Pinsent Masons has continued to develop its Global 100 credentials, this time bulking up its Asia-Pacific corporate capability with the…
Revolving doors: HSF loses Perth mining head to Australian rival David Stevenson Having completed a crucial overhaul of its management and remuneration structures towards the end of 2013, Herbert Smith Freehills (HSF) would have hoped…
New Year, new job: Hogan Lovells boosts global partnership by 29 in latest promotion round Sarah Downey Hogan Lovells has increased the number promoted to partnership this year to 29, of which 11 made the cut in…
LLP filings 2012/13 – Nabarro’s highest earner sees pay increased by 31% Legal Business Following a seven-month period in which its year-end profitability rose significantly but its half-year revenue was flat, top 30 LB100…
Merger watch – 2013 a record year for legal mergers as 2014 promises more of the same David Stevenson The long-awaited consolidation of the legal market accelerated in 2013, which was a record year for large UK law firm…
In-house: high-profile Pfizer GC steps down while former Dewey chair appointed as a UAE legal adviser Legal Business She has built a reputation as one of the most powerful and influential lawyers in the world but Pfizer has…
LLP latest: Trowers accounts confirm profits slide as Holman and Stephenson Harwood power on Jaishree Kalia What finer way to kick off the New Year than a stream of law firm limited liability partnership (LLP) accounts?…
International markets – Addleshaw hires third partner in Hong Kong and rebrands to Francis & Co Caroline Hill Having launched in Hong Kong last summer, Addleshaw Goddard has forged ahead with a number of developments in the region…
Litigation watch – Claims against FTSE 100 companies up by 76% in 2013 Legal Business A second spike in claims against banks stemming from the financial crisis is being blamed for a rocketing number of High Court…
LLP results 2012/13 – CC reveals drop in management committee pay as LG records further decline in turnover Sarah Downey Clifford Chance’s (CC’s) limited liability partnership accounts for the 2012/13 year have revealed a 5% drop in total remuneration paid…
LLP filings 2012/13 – BLP sees bank borrowing increase from £14m to £45m David Stevenson Following a year of partner departures and a significant drop in profit per equity partner, Berwin Leighton Paisner’s limited liability partnership…
Comment: A Legal Business take on the year – my favourite articles of 2013 Alex Novarese Since I joined Legal Business as editor-in-chief in February, our expanded editorial team has been striving to update our publication…
Post Clifford Chance role for Childs as Financial Reporting Council announce his appointment as Chair Legal Business Clifford Chance (CC) outgoing managing partner David Childs has been appointed by the Financial Reporting Council (FRC) as chair of its…
Merger Watch 2013 – The runners, riders and fallers at the last hurdle Legal Business ‘I believe the market lends itself to opportunities for growth and successful law firms will take advantage of these opportunities.…
Guest post: Where next for the Law Society after no-confidence vote? Legal Business The Law Society, if nothing else, is a decent host and members attending the special general meeting (SGM) on Tuesday…
Leadership: Herbert Smith Freehills unveils new joint CEOs David Stevenson After much speculation, Herbert Smith Freehills announced today that it has appointed Sonya Leydecker (pictured) and Mark Rigotti as joint…
In-house revolving doors: Senior hires for Co-op, Powa Technologies and Autoliv as BMA loses group legal director Legal Business A series of senior in-house moves and hires has this week seen The Co-operative Group appoint Lloyds Banking Group company…
