Financials 2014/15: DAC Beachcroft sees total billings reach £200m as profits rise 10% Legal Business As the firm ramps up for a defining election, DAC Beachcroft has announced its financial figures for 2014/15 saying it…
Bar avoids advocacy fee cut as MoJ pushes on with further legal aid reductions against Law Society warning Legal Business The Bar is set to avoid further reductions in advocacy fees as the Ministry of Justice confirmed that it would…
Forward planning: Dentons management Portnoy and Andrew to stand in 2017 election Legal Business In a conspicuously early move by Dentons‘ chief executive Elliott Portnoy and global chairman Joe Andrew, both have revealed they…
Comment: Be wary of vaulting ambition as competition ramps up in Scotland Legal Business An interesting battle is raging in Scotland on levels large and small. In early May, the Scottish National Party (SNP)…
Dealwatch: Pinsents, Travers, CC join Debevoise on £500m Motor Fuel Group disposal Legal Business A trio of LB100 firms –Travers Smith, Clifford Chance, Pinsent Masons – have lined up alongside Debevoise & Plimpton in…
‘Not a naïve or vulnerable consumer’: Barclays wins capital loan claim against former Dewey partner Legal Business The High Court has today (9 June) handed down its judgment in favour of Barclays Bank in a long running…
Freshfields freezes associate pay bands – move puts firm behind Magic Circle peers’ NQ wages Legal Business Within days of Clifford Chance (CC) announcing its pay bands in the associate salary race to match Magic Circle peers,…
Dealwatch: US trio’s City teams take lead roles on GHG’s £1.5bn three-year debt restructuring alongside Simmons and CC Legal Business Teams at the London offices of Paul Hastings; Weil, Gotshal & Manges, and Milbank, Tweed, Hadley & McCloy all took…
Gateley’s partners take home over 80% of £30m raised in landmark law firm listing Legal Business Gateley’s partners are set to receive £25m, more than 80% of the £30m total raised, as the West Midlands firm started its…
‘A personal decision’: BLP’s David Collins resigns after missing out on top job Tom Moore Just five months after making the final two to succeed Neville Eisenberg as managing partner at Berwin Leighton Paisner, corporate…
Weightmans targets July for merger with Leeds-firm Ford & Warren Legal Business National firm Weightmans is looking to establish an offering in Yorkshire, announcing it is in final merger negotiations with single…
Tods acquisition helps boost revenue 26% to £48m at Shepherd and Wedderburn Kathryn McCann Shepherd and Wedderburn’s chief executive Stephen Gibb (pictured) has hailed 2014/15 a ‘cracking year’ as the firm posted a revenue…
Big in Japan: Withers pushes further down the Silk Road with MoFo tax hires Kathryn McCann Continuing its recent significant push into Asia, private client specialist Withers has launched a Tokyo tax practice- Withers Japan, Zeirishi…
Comment: A vision of Big Law come 2025 – will the dust ever settle? Legal Business It is 2025 and the view from the nominal head office of the leading City law firm remains as uncertain…
Solicitors set to own non-regulated businesses after watchdog levels ‘the playing field’ with ABSs Legal Business The Solicitors Regulation Authority (SRA) has decided to relax the Separate Business Rule, allowing law firms to own outside businesses…
Freshfields’ Pugh and Braham form unity ticket as teams assemble in leadership election Legal Business After Freshfields Bruckhaus Deringer veterans Edward Braham and Christopher Pugh (pictured) canvassed separately and were set to go head-to-head for…
Enyo hires Eversheds partner and intelligence duo to tackle business in ‘unusual jurisdictions’ Legal Business In a sign of the travails facing law firms doing business in ‘unusual jurisdictions’, Enyo Law has established an in-house…
DLA Piper enters booming contract lawyer market with Peerpoint-style alumni venture Legal Business DLA Piper is to launch a flexible working unit to rival Allen & Overy’s (A&O) Peerpoint and other alumni-based ventures…
Clifford Chance’s New York office loses corporate duo to Greenberg Traurig Legal Business Clifford Chance’s (CC) ambition to build its New York office have suffered a setback with the loss of M&A duo Ivan…
Financials 2014/15: Taylor Wessing’s UK operations see revenues rise 8% and PEP reach £767k Legal Business Taylor Wessing has released its financials for 2014/15 with UK revenues increasing by 8.2% to £121m from £112m last year…
