Eversheds records 7% revenue bump but PEP stays flat Legal Business Eversheds has reported revenue growth of 7% to £405.5m for 2015/16. The increase follows a year of flat turnover for…
In-house: RBS latest to shake up internal function with summer review of legal team structure Legal Business The Royal Bank of Scotland (RBS) has kicked off a review of its 400-strong legal team to control costs and…
Big Bar boost: Fountain Court makes seven strong team hire, including two silks Sarah Downey Leading set Fountain Court Chambers has boosted its commercial offering and with the recruit of two silks and five junior…
The Brexit effect: BLP becomes the first City firm to freeze pay post EU referendum Tom Moore City firm Berwin Leighton Paisner (BLP) has become the first law firm to freeze pay for UK staff following the…
KWM mulls cash call after increasing Barclays facility to £25m Legal Business King & Wood Mallesons‘ (KWM) European and Middle East business is mulling a cash call months after increasing its loan…
Maintaining growth: Bird & Bird keeps pace with 6% revenue hike Legal Business Bird & Bird has reported another year of solid growth, with revenue up 6% to €343.8m from €325.5m for the…
Travers Smith matches Slaughters associate base pay as indies beat Brexit woes to lift salaries Legal Business Despite post-Brexit referendum market turbulence, independent firms Travers Smith and Macfarlanes have both elevated their newly-qualified (NQ) pay levels, with…
‘The time is right’: ENRC drops Debevoise for Quinn Emanuel on SFO probe Legal Business Mining giant Eurasian National Resources Corp (ENRC) has ceased its working relationship with Debevoise & Plimpton in favour of Quinn…
Freshfields leads the pack as London’s big four continue flat financial trajectory Legal Business Firm posts impressive 8% PEP hike and 7% revenue increase despite headcount drop With the unaudited results of firms in,…
The profession takes stock as Brexit vote sends UK crashing out of EU… and into years of uncertainty Tom Moore Tom Moore and Matthew Field size up the immediate impact of the vote on City lawyers It was the result…
Barclays slashes number of firms by over 60% in global review Kathryn McCann DLA Piper misses out as bank sets out new categories Barclays picked a raft of firms, including Clifford Chance, Ashurst,…
Under fire: Linklaters and Olswang in the spotlight as dealmakers face parliament over BHS collapse Legal Business City lawyers faced the wrath of MPs during May and June in an inquiry over the sale of BHS. The…
Allen & Overy beats UK rivals to top 2015 deal table for European private equity Madeleine Farman Allen & Overy (A&O)’s growing private equity (PE) team has had a strong year, topping Dealogic’s European PE table after…
A&O teams up with Deloitte for pioneering joint venture targeted at banking giants Madeleine Farman Axiom and Ashurst follow with similar service to meet regulations In the first marquee joint venture between a Magic Circle…
‘Natural choice’: long relationships see Freshfields and Linklaters bag roles on Poundland bid Legal Business Both Linklaters and Freshfields Bruckhaus Deringer scored lead roles on an attempt by South Africa’s Steinhoff International Holdings to take…
Magic Circle firms lead on £615m Swiss takeover of British electronics company Legal Business Allen & Overy (A&O) and Slaughter and May have advised on the acquisition of British electronics company Premier Farnell by…
American dream: Bond Dickinson seals exclusive tie-up with Womble Carlyle Kathryn McCann The alliance will see all UK work referred to Bond Dickinson With US merger plays by Addleshaw Goddard and Berwin…
Ashurst retreats in Europe, closing Stockholm and Rome Madeleine Farman Ashurst closed the doors to two of its European offices in June, confirming it will dissolve its Swedish offering with…
The finance view: Bespoke and busy – no return to the cookie cutter but plenty of creative lawyering for City’s property finance teams Legal Business Victoria Young reviews the changing property finance landscape Berwin Leighton Paisner (BLP) head of real estate finance Naveen Vijh surveys…
Life during law: Stephen Lloyd, Allen & Overy Madeleine Farman I haven’t the faintest idea why I became a lawyer. I’d signed up to be a management consultant after university…
