Revolving doors: NRF loses insurance team to DAC Beachcroft as Taylor Wessing taps Fieldfisher for life sciences co-head Muna Abdi In an otherwise sedate week for City legal recruitment, DAC Beachcroft has proved the exception to the rule for August hiring,…
In-house: former Worldpay GC becomes FTSE 100 company’s first legal head as BlackRock’s European GC departs Anna Cole-Bailey Adding to a recent spate of high-profile in-house moves, Ruwan de Soyza (pictured) has joined FTSE 100 company Halma as…
Insurance business sale reduces Hill Dicks revenue 7% as shrinking partnership boosts profit Thomas Alan Profit and profit per equity partner (PEP) increased at shipping specialists Hill Dickinson last year but revenue dived following the sale…
Kingsley Napley, Clydes and Howard Kennedy instructed as Bakers and former London head Senior face SDT prosecution Marco Cillario Baker McKenzie and its former London head Gary Senior have instructed partners at law firms Kingsley Napley and RadcliffesLeBrasseur as…
Comment: Profit per equity partner and law’s other enduring hypocrisies Alex Novarese No-one got into journalism to be consistent, the trade typically being more attractive to trouble-makers than those hunting for enduring…
No-deal Brexit could trigger £3.5bn revenue drop in UK legal market Muna Abdi The UK legal services market could experience a 10% fall in revenue following a no-deal Brexit, according to a Law…
Hogan Lovells losing bulk of South African practice as merger partner breaks away Marco Cillario Hogan Lovells’ South African headcount is being slashed as its merger partner splits from the firm following a troubled six-year…
Dentons to enter New Zealand legal market through merger with 100-lawyer Kensington Swan Marco Cillario Dentons is to grow its global headcount further past the 10,000-lawyer mark after announcing a merger with 113-strong full-service New Zealand…
Deal watch: LSE acquisition and aviation industry spell busy summer for the Magic Circle Marco Cillario The deal teams of elite City firms have seen a busy end of July amid several multibillion-pound deals, as the…
‘Money well spent’: DWF revenue climbs 15% as £20m IPO cost weighs on profit Hamish McNicol DWF chief executive Andrew Leaitherland (pictured) says the £20m cost of its London Stock Exchange listing is ‘money well spent’ after…
SRA refers Bakers and former head Gary Senior for prosecution over ‘inappropriate’ behaviour as #MeToo cloud hangs over firm Marco Cillario The Solicitors Regulation Authority (SRA) has referred Baker McKenzie and its former London head Gary Senior for prosecution to the…
HFW profits drop 9% as investment costs weigh in ‘tough’ market Thomas Alan UK top 50 firm HFW has had a tougher year which saw revenues flatline as profits and profit per equity partner…
Revolving doors: Eversheds ups City disputes investment as White & Case hires Latham duo in Milan Hamish McNicol Eversheds Sutherland has added to recent investment in its London litigation and dispute management practice with a lateral hire from…
Withers’ profit drops as revenue approaches £200m amid Asia and America expansion Marco Cillario UK top 30 firm Withers has seen partner profits fall 12% while its top line passed the £190m mark amid a…
Latham turns focus to Manhattan as chair Trobman relocates from London Marco Cillario Latham & Watkins’ leadership is moving out of London after four years with City-based chair and managing partner Rich Trobman…
WFW and former real estate head settle £300k High Court claim Nathalie Tidman A longstanding legal wrangle that saw Mark Prevezer, Watson Farley & Williams’ former head of real estate seek £300,000 in…
Not about PEP: OC looks long-term after surpassing €300m with 11% revenue growth Hamish McNicol The leadership at Osborne Clarke (OC) is conscious of any complacency creeping in after more than doubling in size in…
Buckland becomes Justice Secretary as Johnson administration unveils Brexit-dominated team Marco Cillario The newly-installed British Government led by Conservative Prime Minister Boris Johnson will see a barrister take the role of Justice…
PEP stays flat for Mishcon as revenue growth regains momentum Muna Abdi Mishcon de Reya has maintained steady revenue growth in its 2018/19 financial results, increasing its top line by 10% to £177.8m,…
SRA report reveals money laundering and #MeToo cases driving increases in workload Thomas Alan Money laundering and workplace harassment cases are increasingly occupying the workload of the profession’s regulator, according to data from the…