Holman Fenwick Willan posts revenue and profit slide in latest LLP accounts Sarah Downey The latest to emerge in a run of recent LLP filings is Holman Fenwick Willan, which has seen its revenue…
‘Not unexpected’: SFO asks for extra funds for fourth time in as many years Legal Business Prosecutors at the SFO have made another request for cash, seeking an additional £21.1m for ‘blockbuster’ cases, after making a…
Trainee retention: Slaughter and May and Nabarro up their intakes for spring 2016 Legal Business Slaughter and May and Nabarro improved their trainee retention figures this month with the latter firm retaining 89%, while the…
‘Tremendous experience’: City M&A heavyweight Steve Cooke elected as senior partner at Slaughter and May Legal Business Slaughter and May, the UK’s most profitable law firm, has elected its longstanding head of M&A Steve Cooke as its…
Further scrutiny: Banks order investigative review of Slater and Gordon’s books Legal Business Australian-listed Slater and Gordon is facing further inquiry as the company’s lenders have appointed their own investigative accountants to look…
Responding to demand: Dentons hires 75-strong Matthew Arnold & Baldwin banking litigation team Legal Business Dentons has (7 January) confirmed the hire of Matthew Arnold & Baldwin‘s (MAB) 75-strong banking and finance litigation team, including…
C-suite roles at Allen & Overy take home 9% more last year as firm raises revenues Jaishree Kalia Allen & Overy‘s (A&O) senior partner and managing partner, global practice heads and support directors took home £1.1m more in…
Skadden and Freshfields top global deal tables as M&A figures reach record heights Legal Business In a record year for global M&A, US firm Skadden, Arps, Slate, Meagher & Flom and Magic Circle firm Freshfields…
‘Tight controls’: LLP filings show strict financial management helps boost Simmons profitability Tom Moore Benefitting from a resurgence of financial work in the City in 2014/15, Simmons & Simmons acted prudently to boost its…
Cutting back: CMS Cameron McKenna, Burness Paull, HSF and Bakers land spots on Weir’s two-tier panel Legal Business Scottish engineering business Weir Group has appointed Burness Paull and CMS Cameron McKenna to its first ever European panel following…
Failure to integrate: Administrators blame poor consolidation for Parabis collapse as unsecured creditors to lose almost £50m Legal Business More than 2,500 unsecured creditors of the now defunct Parabis Group will lose almost £50m, a report from the company’s…
New year promotions: Hogan Lovells upgrades City quintet to partnership in 24-strong round Legal Business Hogan Lovells today (5 January) announced 24 associates have joined the partnership, including five in London, mostly across the firm’s…
Disputes drive: Baker & McKenzie hires Hogan Lovells litigator Lyons Tom Moore Baker & McKenzie‘s push in the UK disputes arena has continued into the new year with the hire of Hogan…
Match of the Day: Jones Day, Herbert Smith and Walker Morris score roles on Crystal Palace FC investment Legal Business Teams from Jones Day, Herbert Smith Freehills and Walker Morris have won mandates as Premier League football club Crystal Palace…
Stephenson Harwood pays 30% more to highest-earning member, latest accounts show Jaishree Kalia The highest-paid LLP member at Stephenson Harwood took home £1.3m during the last financial year compared to just over £1m…
Clifford Chance executive committee group pay falls by 7% amid revenue and profit dip, LLP accounts reveal Sarah Downey Clifford Chance‘s (CC) 12-strong executive leadership group saw an average 7% decrease in pay packets in the last financial year…
DLA Piper pay to highest earning LLP member nears £2m despite firm’s profit dropping Tom Moore The highest-paid LLP member at DLA Piper International took home £1.96m last year, 8% more than the biggest payout last…
City focus: A quarter of Akin Gump partners made up in London in latest promotions round Tom Moore Just over a year since US firm Akin Gump Strauss Hauer & Feld took over Bingham McCutchen’s $50m London office,…
Guest post: What’s your theory of the business? Legal Business Year-end is often seen, understandably if somewhat arbitrarily, as a time for reflection. Actually, in my book there’s never a…
Dealwatch: Freshfields acts for Deutsche Bank as it sells ¥25.7bn of Chinese assets Legal Business After winning a place on Deutsche Bank’s global legal panel last year, Freshfields Bruckhaus Deringer is representing the German bank on the…
