HSF’s accounts show revenue hit £447m amid a 23% profit hike and a sharp fall in debt Thomas Alan Herbert Smith Freehills (HSF) has increased profit and turnover, its latest LLP accounts reveal, while also bolstering its borrowing capacity…
Keeping pace with change: A&O becomes latest City firm to usher in parental leave reforms Nathalie Tidman Allen & Overy (A&O) has become the latest City firm to update its policies for working families, ushering in extensions…
Revolving doors: Swings and roundabouts for Squires and Addleshaws as 2Birds fills real estate gap Muna Abdi City hires picked up pace again last week after a fallow patch as leading firms made prominent additions to a…
Quinn breaks £100m City revenue barrier as King & Spalding hikes London revenue 15% Thomas Alan Disputes heavyweight Quinn Emanuel Urquhart & Sullivan has continued its impressive growth in the City, with revenue at the firm’s…
City biz support jobs axed again as Taylor Wessing makes 28 redundant Marco Cillario Taylor Wessing has made 10% of its 270-strong City business services staff redundant, the latest in a string of firms moving…
In-house: DWF leads as Eversheds loses sole adviser role on Severn Trent’s expanded panel Anna Cole-Bailey Eversheds Sutherland has lost its sole-adviser mandate to Severn Trent after the FTSE 100 water company appointed five firms to its…
Hello Newman: Milbank loses restructuring partner to Skadden’s relative City hiring spree Nathalie Tidman Skadden, Arps, Slate, Meagher & Flom continues to turn heads with its uncharacteristic hiring spree in London, this time in the…
Revolving doors: Cooley recruits another Latham partner as Harbottle makes private capital play Muna Abdi Cooley has kicked off the February lateral market in London by returning to US rival Latham & Watkins for a…
‘Unlikely to be repeated’: SDT justifies sanctions in Freshfields’ Beckwith misconduct case Nathalie Tidman The Solicitors Disciplinary Tribunal’s (SDT) controversial decision to fine instead of ban Freshfields Bruckhaus Deringer partner Ryan Beckwith was because…
‘Deeply upset’: Law Society’s historic HQ suffers damage after outbreak of major fire Thomas Alan Firefighters were called out to The Law Society’s headquarters over the weekend after a major fire broke out, damaging the…
MoFo ups City revenue an impressive 25% as US reporting season begins Thomas Alan Morrison & Foerster (MoFo)’s City revenue has lifted 25% for a third consecutive year, outpacing a strong global showing and kicking…
LLP: CMS lifts profit amid Hong Kong and Istanbul restructuring as year-end move dampens NRF’s turnover Marco Cillario Operating profits at CMS Cameron McKenna Nabarro Olswang rose 20% to £192.8m after the firm restructured its Hong Kong and Turkish…
Freshfields lags Magic Circle as management pay drops 20% amid muted top line growth Nathalie Tidman The management of Freshfields Bruckhaus Deringer has seen a 20% drop in pay even as its Asia business offered a silver…
DLA cracks £1bn international revenue after pumping ‘tens of millions’ into offices and IT Hamish McNicol DLA Piper has increased profit at its international LLP for the fourth year running despite a sustained period of investing ‘tens…
Essential to success: A&O reviewing equity point cut in Germany Nathalie Tidman Allen & Overy (A&O) is reviewing equity points for partners in Germany, following a gruelling few years which saw a shift…
City’s new disputes hub launches home for independent arbitrators Alex Novarese The team behind the City’s new cutting-edge arbitration centre has launched a membership service for independent practitioners, with full clerking…
DWF continues global expansion with £14.2m managed services play Thomas Alan DWF has continued its expansionist strategy following last year’s initial public offering (IPO), dipping into its war chest to acquire managed…
Taylor Wessing loses practice head as Latham targets UK mid-market for first City tech laterals Marco Cillario Latham & Watkins has become the latest US player to expand its City emerging company capabilities by targeting two mid-market UK…
Revolving doors: Goodwin recruits CMS private equity head as Shoosmiths adds cyber partner in London Muna Abdi In a relatively subdued week for the London lateral market, Goodwin Procter and Shoosmiths made the only noteworthy hires in the…
Lawyers rank top for satisfaction, value for money, but access to justice gaps persist Thomas Alan Solicitors in England and Wales received a glowing review in a new survey of legal needs but evidence of gaps…
