Bond Dickinson wins AIG tender for volume contract work Caroline Hill Merged regional giant beats four rivals for out-of-London mandates Following a competitive tender process between five of its panel law…
Half-year financial results point to relative revival at leading UK firms Legal Business Cyclical departments increasing contribution to bottom line As an analytical tool half-year figures may be superficial but as a litmus…
Consolidating pharma giants to drive global M&A as advisers secure major deals from Novartis and Shire Legal Business The pharmaceutical industry is the driving force behind a number of recent high-value M&A transactions as drugs companies look for…
H1 2013/14: Ashurst sees combined half year figures rise by 6% Jaishree Kalia Newly-merged Ashurst has joined the growing numbers of top 50 LB100 firms to report an increase in turnover during the first…
Legal fees: QualitySolicitors to abandon hourly rates in favour of fixed fees Legal Business QualitySolicitors (QS) has unveiled plans to abandon the hourly rate across its network of firms, offering fixed fees for all…
H1 2013/14: Bird & Bird reveals revenue increase of 5% Legal Business Bird & Bird today (3 December) attributed a 5% increase in its half year (H1) 2013/14 revenues to the strengthening of…
H1 2013/14: Taylor Wessing reveals UK revenue increase of 10% Sarah Downey Taylor Wessing has joined a band of leading City firms to have turned out a double digit increase in revenue for…
Ashurst’s Lloyd set to join Allen & Overy subject to partner vote Jaishree Kalia Ashurst’s high profile global head of corporate Stephen Lloyd appears set to join Allen & Overy (A&O) after resigning from the newly-merged…
Guest post: The rise and rise of Slater and Gordon – a tale of the ABS era Guest Blog If anyone wanted to see what alternative business structures (ABSs) can achieve, they need look no further than Slater and…
Leadership: Dick Tyler ‘ready for a change’ as CMS elects Penelope Warne as senior partner Legal Business CMS Cameron McKenna has elected its first-ever female senior partner, as UK managing director and head of energy Penelope Warne…
Latin America: DAC merges with Colombian alliance partner De la Torre & Monroy Legal Business DAC Beachcroft has expanded its Latin American presence via a merger with Colombian alliance partner De la Torre & Monroy Abogados…
H1 2013/14: BLP reveals a 6% increase in turnover Jaishree Kalia By any estimation 2012/13 was Berwin Leighton Paisner’s (BLP’s) annus horribilis but the top 20 firm is showing modest signs of…
Merit driven pay – Slaughter and May introduces discretionary associate bonus Legal Business Building on its decision earlier this year to introduce an element of merit to its associate pay, Slaughter and May…
Guest post: The United States of Innovation – viewed from Wall Street, it could be a whole lot better Legal Business The other night I was fortunate enough to be invited to attend the FT’s Innovative Lawyers 2013 US awards ceremony.…
Comings and goings – Hogan Lovells financial disputes partner to depart Sarah Downey Hogan Lovells is set to lose financial disputes and legacy Lovells partner Luci Angus from its ranks in four weeks’…
Still in the headlines – Embattled Co-op appoints new GC for bank amid group shake-up Legal Business The Co-operative Bank (Co-op) has announced the appointment of former interim general counsel (GC) of Coventry Building Society Brona McKeown…
141 law firms in final closure warning to gain cover as research claims partners ignorant of insolvency risk Francesca Fanshawe While there are signs of recovery at larger law firms, fresh evidence of the pressure on smaller practices has emerged…
141 law firms in final closure warning to gain cover as research claims partners ignorant of insolvency risk Francesca Fanshawe While there are signs of recovery at larger law firms, fresh evidence of the pressure on smaller practices has emerged…
Revolving doors: Strategic growth for Mishcon, Hill Dickinson, Herbert Smith Freehills, Orrick Rambaud and Addleshaw Goddard Legal Business Mishcon de Reya this week (25 November) announced that it is to completely restructure its tax offering, consolidating its real…
Consolidation continues as Manchester institution Pannone succumbs to Slater and Gordon’s advances Jaishree Kalia After months of speculation, Slater and Gordon has finally announced the acquisition of the consumer services and personal injury (PI)…