LLP latest: Trowers accounts confirm profits slide as Holman and Stephenson Harwood power on Jaishree Kalia What finer way to kick off the New Year than a stream of law firm limited liability partnership (LLP) accounts?…
International markets – Addleshaw hires third partner in Hong Kong and rebrands to Francis & Co Caroline Hill Having launched in Hong Kong last summer, Addleshaw Goddard has forged ahead with a number of developments in the region…
Litigation watch – Claims against FTSE 100 companies up by 76% in 2013 Legal Business A second spike in claims against banks stemming from the financial crisis is being blamed for a rocketing number of High Court…
LLP results 2012/13 – CC reveals drop in management committee pay as LG records further decline in turnover Sarah Downey Clifford Chance’s (CC’s) limited liability partnership accounts for the 2012/13 year have revealed a 5% drop in total remuneration paid…
LLP filings 2012/13 – BLP sees bank borrowing increase from £14m to £45m David Stevenson Following a year of partner departures and a significant drop in profit per equity partner, Berwin Leighton Paisner’s limited liability partnership…
Comment: A Legal Business take on the year – my favourite articles of 2013 Alex Novarese Since I joined Legal Business as editor-in-chief in February, our expanded editorial team has been striving to update our publication…
Post Clifford Chance role for Childs as Financial Reporting Council announce his appointment as Chair Legal Business Clifford Chance (CC) outgoing managing partner David Childs has been appointed by the Financial Reporting Council (FRC) as chair of its…
Merger Watch 2013 – The runners, riders and fallers at the last hurdle Legal Business ‘I believe the market lends itself to opportunities for growth and successful law firms will take advantage of these opportunities.…
Guest post: Where next for the Law Society after no-confidence vote? Legal Business The Law Society, if nothing else, is a decent host and members attending the special general meeting (SGM) on Tuesday…
Leadership: Herbert Smith Freehills unveils new joint CEOs David Stevenson After much speculation, Herbert Smith Freehills announced today that it has appointed Sonya Leydecker (pictured) and Mark Rigotti as joint…
In-house revolving doors: Senior hires for Co-op, Powa Technologies and Autoliv as BMA loses group legal director Legal Business A series of senior in-house moves and hires has this week seen The Co-operative Group appoint Lloyds Banking Group company…
US bonus season: Boies Schiller, Cahill Gordon and Sidley among leading US firms to unveil numbers Legal Business Since New York elite firm Cravath, Swaine & Moore kicked off the US bonus season at the start of December with…
Guest post: Too close for comfort – Research concludes the Bar Council has ‘undue influence’ over regulation Legal Business The Bar may be collegiate, but are the Bar Council and the Bar Standards Board (BSB) too close? Have you read…
Countdown to closure as 117 law firms fail to obtain PII Jaishree Kalia Over 100 law firms have less than two weeks to obtain professional indemnity insurance (PII) failing which they must close…
Unsettled forecast for 2014 as MoJ unveils court fee consultation and CBA announces legal aid strike Legal Business Following a year of protests over legal aid cuts and court reforms from a profession better known for its quiet…
Revolving doors: Debevoise picks up second experienced HSF litigator David Stevenson US firm Debevoise & Plimpton has announced that Tony Dymond, former co-head of Herbert Smith Freehills (HSF) Seoul office, will…
Leadership: Eversheds favours client management specialist Paul Smith in chairman vote Jaishree Kalia Eversheds has named litigator and former Tyco relationship partner Paul Smith as its next chairman as current incumbent John Heaps…
Fraying consensus – Law Society mired in controversy again as leadership loses legal aid confidence vote Sarah Downey The fall-out over the Government’s highly controversial legal aid reforms continues as the Law Society‘s leadership today (17 December) lost…
Comment: The battle for talent and other phoney wars Louise Ashley Since McKinsey & Co first coined the term in 1997, the ‘war for talent’ has been the focus of a…
Clifford Chance wins double pharma mandate as Merck buys AZ Electronic Materials and Amdipharm buys Acbur David Stevenson With the pharmaceutical industry driving a number of recent high value M&A deals, Clifford Chance has won mandates on two significant instructions in…
