‘Another milestone’: White & Case and A&O take roles in $1.3bn software deal as Avast buys AVG Madeleine Farman White & Case, Allen & Overy, Orrick, Herrington & Sutcliffe and De Brauw Blackstone Westbroek have won advisory roles as…
Addleshaws votes through key partnership deed changes including wider exit provisions Kathryn McCann After a drawn-out process, Addleshaw Goddard has voted through several changes to its partnership deed, including further restrictions on partner…
‘Maintaining momentum’: Taylor Wessing posts UK income up 4.4% to £126.6m Legal Business Growth has stalled at Taylor Wessing as UK income is up 4.4% to £126.6m. The results follow an increase of…
Anger over article 50: Protesters gather outside Mishcon over Brexit legal challenge Legal Business Protesters gathered outside the headquarters of City firm Mishcon de Reya today (7 July) in response to the firm’s plans…
Freshfields rides out choppy deal market to outpace CC and A&O with £82m revenue hike Madeleine Farman Freshfields Bruckhaus Deringer posted a revenue increase of 7% to £1.327bn for the 2015/16 financial year, clawing back from last…
In reverse: BLP the latest UK firm to report falling revenue as turnover drops 2% to £254m Tom Moore After something of a revival in 2014/15, Berwin Leighton Paisner (BLP) went into reverse last year as revenue dropped 2%…
Comment: The lexicon of inefficiency – in-house counsel’s artisan improvisation is out of date Legal Business It is not easy to be an in-house lawyer. Thank goodness, however, because if it was why on earth would…
‘Far from satisfactory’: Chilcot highly critical of Lord Goldsmith over Iraq War Legal Business Lord Peter Goldsmith, the UK attorney general at the time of the Iraq war, has been heavily criticised in the…
Financials 2015/16: DAC Beachcroft posts 9% profit boost despite subdued turnover Legal Business As the firm continues gradual growth, DAC Beachcroft increased turnover to £202m, a 2% increase on last year’s £200m. Profit before…
‘Obviously some headwinds’: Clifford Chance revenue up 3% while PEP leaps by 10% Legal Business Clifford Chance (CC) has become the second Magic Circle firm to announce its financial results for the 2015/16 year, with…
‘Building our business’: Turnover growth stalls at Shoosmiths with 4% revenue rise Legal Business Shoosmiths has seen revenue rise 4% for 2015/16 to £107m, down on the firm’s double digit growth last year of…
US firms take roles as Melrose becomes first post-Brexit acquirer with $2.81bn Nortek purchase Legal Business In a post-Brexit referendum takeover which has seen turnaround group Melrose’s shares soar, Simpson Thacher & Bartlett and Weil, Gotshal…
‘Not where I’d like them to be’: Ashurst disappoints again with 10% revenue tumble Madeleine Farman Ashurst has posted its second year of falling revenues following its merger with Blake Dawson in 2013 with turnover dipping…
HSF delivers best post-merger revenue performance yet with revenues up 7% to £870m Legal Business Herbert Smith Freehills (HSF) has put in its strongest financial performance since its creation in 2012 through the merger of…
Clifford Chance latest to partner with tech firm Kira as major players make AI push Legal Business Clifford Chance (CC) has become the latest firm to increase its investment in technology initiatives, announcing this morning (5 July)…
OneSavings Bank takes Santander’s Elphick for GC role Legal Business Former Santander head of banking legal Jason Elphick has joined OneSavings Bank as group general counsel and company secretary.
Another one bites the dust: KWM’s former European head of finance leaves for Cadwalader Tom Moore The partner exits at King & Wood Mallesons‘ (KWM) City office keep coming, with former Europe head of finance, Jeremy…
Comment: GCs are just like private practice, so ‘Trust the lawyers’ won’t cut it for them either Legal Business Are you a Capitulator? A Coaster? A Champion? Comfortably Numb perhaps? To an in-house profession used to having its qualities…
Eastern Mediterranean expansion: Interlaw adds Rokas and Tohme to global network Matthew Field Interlaw has expanded its global referral network by adding two new member firms from the eastern Mediterranean.
Quinn acts on biggest UK lawsuit ever as MasterCard hit by £19bn claim Legal Business MasterCard has become the first big victim of new UK laws allowing US-style class actions, with litigation powerhouse Quinn Emanuel…
