Growing pains: ongoing investment sees PEP at Penningtons Manches tumble 16% Kathryn McCann Sustained investment and the costs of bedding down a merger impacted on profits at Penningtons Manches, which posted a lift…
Paying up: KWM partners vote to inject £14m of extra capital Legal Business An overwhelming majority of King & Wood Mallesons‘ (KWM) European and Middle East partnership has voted in favour of recapitalising…
Travers Smith and Norton Rose face off in Lehman’s multimillion dispute with ExxonMobil Legal Business Commerical litigation heavyweights Travers Smith and Norton Rose Fulbright have been instructed by the administrators for Lehman Brothers International Europe…
A tale of two law firms: Charles Russell sees PEP grow 20% as Trowers records dip in profits Victoria Young Top 50 Legal Business 100 firms Charles Russell Speechlys (CRS) and Trowers & Hamlins have posted mixed results this reporting…
Merger mania: Addleshaws and CMS discussed combination before entering current talks Matthew Field Despite both firms now being in merger talks with other suitors, Legal Business understands CMS Cameron McKenna and Addleshaw Goddard…
‘A natural and necessary next step’: Pinsents to launch infra-focused practice in Johannesburg Kathryn McCann Pinsent Masons is to launch an infrastructure-focused practice in Johannesburg, with two partners hired from local firm Bowman Gilfillan.
Q&A: Alan Mason – Freshfields ‘rest of continental Europe’ managing partner on Brexit, cross border M&A and more Legal Business Following his appointment as Freshfields Bruckhaus Deringer‘s first regional managing partner for the ‘rest of continental Europe’ – for offices…
Cracking the whip: Addleshaws Joyce forced into action to push through recent partnership changes Sarah Downey Noted for introducing a more assertive style of management to Addleshaw Goddard since being elected as managing partner two years…
Slaughters, Linklaters and RPC win places on RSA’s reduced legal roster Kathryn McCann Slaughter and May, Linklaters and RPC have all won spots on insurance giant RSA Group’s legal roster, following a review…
‘Immediate opportunities’: Norton Rose adds to Africa presence with Kenyan alliance Legal Business Norton Rose Fulbright has expanded its Africa offering by entering an alliance with Kenyan law firm Walker Kontos.
Berezovsky settlement revealed as ‘fee uplift’ to Addleshaws revenues Sarah Downey An uplift of between £5-10m from a settlement relating to the long-running Berezovsky litigation helped bump Addleshaw Goddard over the…
‘Expensive badge of legitimacy’: Olswang in firing line of BHS report Legal Business Legal advisers on the sale of BHS have been labelled an ‘expensive badge of legitimacy’ in the report investigating the…
US elite take roles as Verizon emerges as Yahoo! buyer in $4.8bn deal Legal Business A handful of US elite firms including Skadden, Arps, Slate, Meagher & Flom and Wachtell, Lipton, Rosen & Katz have…
Euro Garages taps Orange for first general counsel Legal Business Forecourt operator Euro Garages has recruited Imraan Patel, the former head of legal at Orange, as its first group general…
Revolving doors: Global 100 firms invest in Europe as Baker & McKenzie, Mayer Brown and Bird & Bird make hires Legal Business UK and US firms have been busy investing in Europe this week, with Baker & McKenzie, Mayer Brown and Bird…
All upstream for Burges Salmon as regional leader posts 8% turnover growth Matthew Field Top-50 UK firm Burges Salmon has maintained a sixth year of growth increasing turnover 8% to £87.4m in the past…
Lloyds’ in-house changes continue as senior FCA director takes litigation GC position Legal Business Lloyds Banking Group has made Tom Spender its new general counsel (GC) for its litigation, regulatory and competition group after…
‘Truly global’: Withers turnover soars 21% as firm reaps rewards of international push Legal Business In some of the strongest growth figures to come out this year, private wealth specialist Withers has lifted its top…
In-house: Standard Life adds to legal roster after Ignis acquisition Legal Business Standard Life Investments (SLI) has added two firms to its real estate panel, with Maples Teesdale and Shepherd & Wedderburn…
Partner promotions: Withers ups the ante in latest round with seven made partner Legal Business Withers has increased the number of lawyers promoted to partner, adding seven in its latest promotion round, with just one…
