Clifford Chance underperforms Magic Circle with 9% drop in PEP Legal Business Clifford Chance (CC) has underperformed its Magic Circle rivals in its 2012/13 results as the firm today announced a 2.5% decline…
Guest post: You could up-skill them, instead you simply canned them – the secretarial canary in the law firm coal mine Legal Business ‘A really far-sighted law firm would give its secretaries the chance to ‘skill up’ and take on more responsibility, accomplishing…
Financial Friday rolls on as Eversheds unveils increase in revenue and profits during 12/13 Alex Novarese Eversheds became the fifth major law firm to confirm its 2012/13 results today (5 July) with the top 15 UK…
102 jobs to go as BLP redundancy consultation concludes – 58 legal staff depart David Stevenson Berwin Leighton Paisner (BLP) has confirmed that it has cut 102 jobs that were placed under review in May, with 58…
It’s now or… later. Hogan Lovells to make decision on dual chief executive structure Sarah Downey Hogan Lovells’ senior management has begun discussions over whether to retain the firm’s dual US-UK chief executive (CEO) structure or…
Comment: Weil Gotshal and the narrative of the New Normal Legal Business Whatever the business case for announcing significant down-sizing, there is no doubt that in the field of modern communications Weil…
SJ Berwin creates new COO role with hire of McKinsey’s Baumgartner Legal Business Top 25 City firm SJ Berwin has announced the hire of Rick Baumgartner as the firm’s first-ever chief operating officer…
Double digit growth for Macfarlanes as firm disputes ‘new normal’ Legal Business A depressed transactional market in the UK has had little effect on the financial performance of Macfarlanes, with the high-performing…
Reporting season floodgates open as four major City firms reveal 2012/13 revenues Jaishree Kalia Reporting season has opened in earnest in the City as Freshfields Bruckhaus Deringer today (5 July) reveals it has bucked…
Slaughter and May steps in for Siemens on €1.7bn sale of stake in NSN Legal Business Shearman & Sterling has led for Nokia on its €1.7bn buyout of Siemens’ stake in Nokia Siemens Networks (NSN) in…
Litigation drives growth as Stewarts Law sees PEP break the £1m barrier Legal Business The success of litigation-focused firms is again in evidence today (3 July) as Stewarts Law announced an increase in turnover…
Litigation watch: Weil and Quinn Emanuel successful in high profile Barclay brothers Court of Appeal case Caroline Hill A high profile Court of Appeal decision has today (3 July) seen Weil Gotshal & Manges and Quinn Emanuel Urquhart…
After the surge a pause – expansive A&O sees a lull in growth as first Magic Circle player confirms 2013 results Jaishree Kalia Having been the stand-out City player in its weight class since the 2008 banking crisis re-shaped the global legal market,…
Guest post: Criminalising corporate law – proposed UK fraud penalties take a leaf out of the US sentencing guidelines Legal Business Tough new proposed sentencing guidelines for bribery have been published in a consultation which closes in early October. The proposals…
White & Case continues capital markets drive as Milan boasts full DCM suite Jaishree Kalia White & Case has made no secret of its strategic objective to boost its global capital markets capability and last…
Litigation watch: SJ Berwin wins IP battle for Sky against Microsoft Sarah Downey SJ Berwin has scored a significant victory in the important tech area of intellectual property rights in cloud data storage,…
Deferred Prosecution Agreements: Form over substance? Sarah Downey The Serious Fraud Office (SFO) last week published a draft Code of Practice setting out their approach to the use…
71 new shareholders and a Madrid chief – today on Baker Mac’s intranet Caroline Hill It says something about the evolution of the legal market when a single global law firm makes up more partners…
Financials update – Field Fisher Waterhouse pays the cost of merger mania Sarah Downey After a turbulent year that saw it unsuccessfully attempt merger discussions with both Laurence Graham and Osborne Clarke, Field Fisher…
The daily grind – toil and tension as Hogan Lovells gets past the honeymoon period Legal Business It’s been three years since the trailblazing transatlantic pairing of Hogan & Hartson and Lovells. Legal Business assesses if the…
