A&O the first top-tier player to forge contract lawyer service Jaishree Kalia Freelance lawyers to cover fixed-term needs. For all the talk of innovation in the profession, experimentation with new models has…
RPC abolishes flat-rate salary for newly-qualified solicitors Legal Business City firm to move junior lawyers to structure based on merit and market rates. RPC has taken the final steps to…
If the shoe just about fits – Wragges in merger talks with Lawrence Graham Legal Business Proposed merger promises Birmingham firm significant City presence. The announcement last month that Wragge & Co and Lawrence Graham (LG)…
Gateway to Africa: Hogan Lovells ties-up with Routledge Modise Sarah Downey The queue of international firms looking to enter the South African market became one shorter in November, as transatlantic giant…
Ashurst faces senior departures after key merger goes live Jaishree Kalia It’s not been the ideal launch after the final phase of its high-stakes global merger. Within days of the union…
Shearman settles controlling stake in Co-operative Bank for US hedge funds David Stevenson Behind the scenes of the first-ever creditor bail-in of a bank in the UK. Last month The Co-operative Group’s £1.5bn…
Life During Law: Marco Compagnoni Legal Business I’m a forward-looking type of guy. Looking back on your career is something you do when you’re retiring. At the…
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…