Slaughters leads on Punch Taverns £2.4bn debt restructuring as pub group warns it could face administration Legal Business Slaughter and May is advising Punch Taverns on its £2.4bn securitised debt restructuring as the UK’s largest pub company warns…
Nabarro’s PEP up by 30% as firm posts modest growth in revenue Legal Business Nabarro’s profit per equity partner (PEP) has risen by 30% over the past financial year, figures released by the firm today…
Consumer protection dragged into 21st century with new Bill that could open floodgates to class actions Sarah Downey A Consumer Rights Bill published on Wednesday (12 June) is set to radically overhaul the rights of consumers in the digital…
Revolving Doors: Chadbourne, A&O, Trowers and Pinsent Masons boost City offering Francesca Fanshawe London dominated the lateral hiring scene over the past week with firms including US Chadbourne & Parke, Allen & Overy…
Still the divorce capital of the world – Supreme Court orders businessman to hand over assets in key ruling Caroline Hill The landmark divorce battle between Yasmin and Michael Prest has come to an end as the Supreme Court today (12 June)…
Sort of offshoring – Ashurst to create new Glasgow unit to lower costs as City leaders push for value Alex Novarese Major law firms continue to appropriate ideas from legal process outsourcing with Ashurst today (12 June) announcing a venture to…
Guest post: What does thinking like a professional mean? Legal Business Ask yourself this question: do you think of yourself as a professional? For many readers of this blog, I suspect…
Clyde & Co continues to reap benefits of Barlows merger with 17% hike in revenue Legal Business Clyde & Co has posted a 17% hike in turnover for 2012-13 as the firm continues to reap the benefits…
SFO to recruit 10 more barristers in defence of Tchenguiz brothers multi-million pound claim Francesca Fanshawe The Serious Fraud Office (SFO) is to recruit an additional 10 junior barristers to join the team involved in the…
Merger watch – Norton Rose Fulbright Dubai team in talks to join rival Caroline Hill It’s a cliché that you can’t do large legal mergers without some fallout, a truism that Norton Rose Fulbright now has…
RPC second City firm today to announce high double digit revenue increase Francesca Fanshawe Reynolds Porter Chamberlain has become the second City firm today (11 June) to announce a high double digit increase in…
Deal Watch: Clutch of US firms including Skadden, Cleary and Kirkland secure high value corporate mandates David Stevenson After the slowest opening M&A quarter for a decade the past week saw signs of the forecasted uptick in M&A…
Comment: The ABS dilemma – join them sure, but shouldn’t you be beating them? Legal Business Amid all the hype surrounding alternative business structures (ABS) one story that emerged last month stood out – the aggressively-marketed…
After Travers defeat, Linklaters faces discrimination claim by former paralegal Caroline Hill Linklaters is being sued by a former paralegal for unfair dismissal and discrimination just weeks after top 50 law firm…
Guest post: Legal aid reform – a fiscal realist’s view Legal Business Even I’m concerned about Chris Grayling’s proposals for criminal legal aid. When the government announced cuts to civil legal aid,…
Asia round-up: K&L Gates, Akin Gump, Addleshaws and Milbank bolster presence Legal Business A raft of leading UK and US firms boosted their East Asian presence this past week, including K&L Gates, Akin Gump…
Dundas cancels vacation scheme as trainee intake is deferred Francesca Fanshawe Dundas & Wilson’s beleaguered City office has deferred its 2014 trainee intake by a year and cancelled its London summer…
Reports season 2013 – DWF’s acquisition trail sees bumper revenue and profit increase Mark McAteer It has swiftly moved from obscure regional player into one of the most closely watched practices on the national scene…
TLT announces 10% hike in turnover as Maclay Murray kicks off redundancy round Francesca Fanshawe As Bristol-based TLT yesterday posted a double-digit hike in turnover and announced a dual hire to launch an office in Manchester,…
We’ve implemented the Legal Services Act – how about another review of legal regulation? Caroline Hill One man’s slashing red tape is another’s endless tinkering. Either way, the much-meddled field of legal regulation may face more…
