Top-line growth no longer a priority as profit jumps 12% at HSF Tom Baker Herbert Smith Freehills (HSF) chief executive Mark Rigotti says the days of focusing on revenue growth ‘are gone’ after the firm…
Deal Watch: Rich pickings for Travers and Ashurst as US giants get busy on the continent Marco Cillario It was a busy week for UK and US deal counsel as Travers Smith and Ashurst acted on multibillion-pound deals north of…
Veteran Pernod Ricard GC FitzSimons departs after 16 years at the helm Tom Baker French wines and spirits company Pernod Ricard announced yesterday (2 July) it had lost a veteran of the in-house legal…
Barclays presses counsel for radical shake-up by 2021 as it unveils final panel Hamish McNicol Barclays is intent on pushing dozens of major law firms to adopt a radical overhaul in working arrangements in time…
Ashurst taps Mayer Brown’s City office in disputes drive as White & Case adds Macfarlanes rising deal star Jones Nathalie Tidman The City lateral market has kicked off after an uncharacteristic hiatus in recent weeks, seeing Ashurst recruit disputes partner Tom Duncan…
A relative result: CC hikes partner profits to £1.6m as first Magic Circle player unveils 2018 numbers Marco Cillario For months lawyers have been talking of unexpectedly robust trading conditions but the first clear indication from the City elite…
Slater and Gordon fined £80,000 for Quindell disclosure breach involving more than 7,000 files Tom Baker In another chapter to the ongoing story of Slater and Gordon’s (S&G) troubled Quindell buyout, the firm has been hit…
London rules again as Latham elects deal finance guru Trobman as new chief Marco Cillario Latham & Watkins is sticking to London for its new chair and managing partner, electing deal finance heavyweight Richard Trobman to…
Baker McKenzie makes up six in London amid scaled back global promotion round as the firm claims largest female partnership Marco Cillario Baker McKenzie has promoted six in the City as part of a scaled down global promotion round which saw 68 lawyers…
Financials 2017/18: Revenue ticks over for Stephenson Harwood but profits dip again Tom Baker Stephenson Harwood has recorded a 6% rise in revenues to £189m but suffered a consecutive year of falling profit per…
More growth for global traveller Bird & Bird as post-float Gordon Dadds hikes income 25% Marco Cillario Another year of international expansion has seen the 27th consecutive year of revenue growth for Bird & Bird as the…
Linklaters and A&O join Magic Circle peers in associate salary race to attract US talent Nathalie Tidman Linklaters and Allen & Overy (A&O) have joined Magic Circle peers Freshfields Bruckhaus Deringer and Clifford Chance to hike associate salaries in the…
Comment: BCLP offers a (slightly) better post-merger pitch than expected Alex Novarese It would take a generous observer of Berwin Leighton Paisner (BLP) to claim the once sure-footed outfit had managed anything…
Three new appointments to Supreme Court but still no commercial judges Tom Baker While the UK Supreme Court announced today (27 June) that Lady Justice Arden, Lord Justice Kitchin and Lord Justice Sales…
Knights shareholders to get £20m windfall after float valued at over £100m Tom Baker Staffordshire-based Knights is set to raise £50m from its initial public offering (IPO) on AIM this week (29 June), with…
Financials 2017/18: Ashurst posts 4% revenue uptick and second year of double-digit PEP growth Nathalie Tidman In what management has billed as ‘a strong performance globally’, Ashurst has reported a modest 4% uptick in revenue for…
Revolving Doors: Baker Botts takes Kirkland capital markets partner in Houston as Cooley adds tax partner and DLA makes litigation play in LA Thomas Alan City laterals stayed quiet last week continuing a recent hiatus while the US was the centre of attention internationally with…
Expansive Simmons shrugs off sluggish post-Lehman form to drive income up 12% to £354m Tom Baker Simmons & Simmons has posted one of its strongest results since the banking crisis, with the City firm announcing a 12%…
‘Continued growth an excellent result’: year of investment brings slowdown for Pinsents Thomas Alan Pinsent Masons has recorded slower revenue growth for the 2017/18 financial year, with turnover increasing by 6% to £449.8m compared…
The future is female – women lawyers outnumber men in UK as the in-house boom continues Tom Baker In a landmark for the legal industry that nevertheless raises some uncomfortable truths, the number of working female solicitors in…
