Olswang’s new German focus, Munich, sees team of five exit for US IP firm Jaishree Kalia Olswang’s German offering has been served a further blow after losing its entire Berlin office, with intellectual property (IP) partner…
DLA Piper ends South African alliance as it eyes Jo’burg launch for first foray into Africa Michael West DLA Piper and its South African affiliate, Cliffe Dekker Hofmeyr, are ending their formal alliance as the international firm looks…
Bringing AI to a law firm near you: Dentons’ NextLaw venture invests in IBM Watson app to answer lawyers’ questions Legal Business Dentons’ NextLaw Labs, having launched in May to focus on developing and investing in new technologies for the legal profession,…
Addleshaw Goddard’s top of equity nears £1m goal as it rises 67% to £936k Kathryn McCann Addleshaw Goddard’s top of equity figure has edged closer to the £1m goal unveiled in John Joyce’s (pictured) revamped strategy…
Financials 2014/15: PEP dives 16% at DWF as revenue growth stalls Michael West DWF, suffering a second year of lacklustre performance, is the latest law firm to report evidence of difficulties for those…
1.8 a year: Solicitors take less than half the national average of sick days Kathryn McCann A report by the Law Society published today (6 August) into the health and well-being of solicitors has found that…
Cleary, Cahill, Slaughters and A&O share a Coke on bottler’s €28bn three-way merger Jaishree Kalia A raft of Global 100 firms, including Allen & Overy (A&O) and Slaughter and May, have won work as three of…
PEP plunges 15% to fall below £500k at Holman Fenwick as revenue drops Michael West Holman Fenwick Willan (HFW) has seen a 15% slide in its profits per equity partner (PEP) for the 2014/15 financial…
Insurance sector woes hit Hill Dickinson as revenue falls by £8m and PEP slides 4% Kathryn McCann After having carried out two redundancy rounds over the year, Hill Dickinson has seen its revenues for 2014/15 fall 6%…
University of Law brings in Lord Grabiner as president following chief exec’s departure Kathryn McCann In its reshuffle of senior management, The University of Law (ULaw) has appointed Lord Grabiner QC (pictured) as president after…
Kirkland picked to defend Baxalta as Slaughters and Ropes take the lead on Shire’s $34bn hostile takeover Legal Business Shire has turned to longstanding adviser Slaughter and May in the UK while Ropes & Gray won the mandate in…
SFO opens investigation into Quindell as company revises 2014 legal profits down by £312m Sarah Downey The Serious Fraud Office (SFO) has confirmed that it is investigating Quindell’s ‘business and accounting practices’ as the company published revised…
ULaw’s chief exec departs as university woos students with job guarantee Legal Business The University of Law’s (ULaw) chief executive John Latham has left the institution by ‘mutual consent’ after having lost several…
Simmons & Simmons to shut Rome office as firm focuses on ‘doing it all out of Milan’ Legal Business Simmons & Simmons is set to shut its nine-partner office in Rome following a ‘detailed review’ and focus on clients…
Europe’s re-emerging CLO market sees Sidley and Ropes turn to Weil Gotshal to boost structured finance teams Legal Business Weil, Gotshal & Manges‘ structured finance practice in the City has been hit by the departure of two lawyers with…
Cooley continues London expansion with launch of City patent practice Legal Business With a mandate to generate London revenues of upwards of $40m, Cooley is making good on its City ambitions and…
62% of revenue from legal services: Fairpoint adds Colemans-ctts to law firm stable Michael West Having entered the legal services market in 2014 by buying Simpson Millar, Eversheds-client Fairpoint group has added a second law firm…
Funding issue sees Signature Litigation replace Fladgate on RBS litigation Legal Business Having helped secure third-party funding, City boutique Signature Litigation has been instructed by the RBS Shareholders Action Group in its…
SFO wins ‘significant victory’ in landmark Libor case as trader Hayes found guilty Legal Business In a fillip for the Serious Fraud Office (SFO), the first person to go on trial after a global investigation…
Revolving doors: Mishcon loses City funds chief to OMM as firms bulk up in Asia Michael West O’Melveny & Myers (OMM) made a strategic move last week as it continues to ramp up its City office with…