Legal Business’ sister brand The Legal 500 is to launch a new recruitment service.
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LB sister brand The Legal 500 launches new global recruitment service
‘Willingness to adapt’: Macfarlanes defies Brexit effect with PEP up 8%
In a challenging but ‘good year’ for the firm, Macfarlanes has continued growing with revenues up 4% to £167.6m.
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Financials 2017: Weightmans posts stable turnover with 21% profit increase to £11m
Top 50 national firm Weightmans has today (6 July) posted a flat turnover of £95m, while profit is up 21% to £11m in what was a year ‘of great change and growth for the business.’
Financials 2017: Mixed results for BLP as revenues up 7% while PEP falls
Berwin Leighton Paisner (BLP) has posted mixed financial results for the year, with revenues up 7% while profit per equity partner (PEP) fell 8%.
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Hausfeld takes the wheel in truck cartel damages claim with funding from Burford
Competition boutique Hausfeld is partnering with litigation funder Burford Capital to offer a financing package for UK claimants to pursue follow-on damages claims against the participants in a truck manufacturing cartel.
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Allen & Overy posts pace-setting 25% rise in PEP with top line reaching £1.52bn
Allen & Overy (A&O) has soared ahead of its Magic Circle competitors, increasing its revenues by 16% to £1.52bn, while profits per equity partner (PEP) also rose by a significant 25%.
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Financials 2017: HSF reports ‘volatile’ year with 11% turnover hike as profit dips
It has been a mixed financial year for Anglo-Australian firm Herbert Smith Freehills (HSF), which recorded double-digit revenue growth bolstered by a strong run of disputes work, while profit per equity partner (PEP) fell slightly in what the firm attributed to the ‘volatile global economy.’
UK law will remain ‘attuned to the demands of international business’: Lord Neuberger speaks up for London’s prospective status post-Brexit
Lord Neuberger, president of the UK Supreme Court, has defended London’s prospective status as a legal hub in the international sphere after Brexit, in a 3 July speech in London.
And then there were three: Forex drives CC’s income up £150m as City giant hikes partner profits 11%
Clifford Chance (CC) has become the third Magic Circle firm to announce its 2017 results, with revenues up 11% to £1.54bn while profits per equity partner (PEP) has leapt to £1.37m.
Skadden and A&O act on Vantiv’s £9bn buyout of UK payment processor Worldpay
An Allen & Overy (A&O) team is advising UK company Worldpay on its £9bn sale to US payment processor Vantiv, the largest US merchant acquirer by transaction volume, in its bid to cover the global market.
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Charles Russell hires Hong Kong duo to enter Asia’s burgeoning high net market
Charles Russell Speechlys (CRS) has opened its first Asian office in Hong Kong, with the hire of two lateral partners to form a new team, days ahead of a new Dubai office launch.
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‘Below our expectations’: RPC profits down 8% as revenue edges up to £103m
RPC’s 2016/17 global profits fell 8% to £26.4m, down from last year’s £28.5m, in a year of investment and external challenges for the firm. Growth in turnover also slowed, reaching £103m, a modest 2% rise on the previous year.
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Financials 2017: Clydes breaks £500m barrier with another year of double-digit growth
Following another expansive year, led by a new global senior partner, Clyde & Co has again posted a double-digit rise in its global revenue, passing the half-billion-pound mark to reach £508.1m.
Fieldfisher opens fifth Italy office with merger as firm set for further expansion
Fieldfisher has combined with Bologna firm Lucchini Gattamorta & Associates (LGA) as it opens its fifth outpost in Italy, continuing this year’s global expansion spree.
Revolving doors: Jury O’Shea expands in London, Simmons in Frankfurt, HSF hires in Dubai
With a broad set of hires towards the end of June, Jury O’Shea hired a former Stewarts commercial litigation partner, Simmons & Simmons added to its Frankfurt financial markets team and Herbert Smith Freehills bolstered its Dubai corporate group.
Hogan Lovells launches financial regulatory consultancy with PwC director appointment
Hogan Lovells is set to offer advice to through a new financial services regulatory consulting practice, hiring former PwC regulatory consulting practice director Steve Murphy to lead the business.
US growth: Norton Rose Fulbright joins up with Chadbourne & Parke
Norton Rose Fulbright has completed its combination with Manhattan-headquartered Chadbourne & Parke, strengthening its North and Latin American presence with a focus on the financial sector, its chief executive said.
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Dentons US associate charged with extortion after blackmail threats against firm
A former US Dentons associate is facing a criminal complaint of extortion against the firm after allegedly threatening to leak confidential information to a US legal blog unless Dentons paid him $210,000.
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Financials 2017: Shoosmiths posts 9% hike in revenue while PEP remains flat
National firm Shoosmiths has posted a 9% rise in revenue from £107m to £116.7m, but profit per equity partner (PEP) at the firm has remained flat at £366,000.
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‘Our focus has proven successful’: technology drives revenue growth as Bird & Bird latest to unveil financials
Bird & Bird has recorded its 26th year of turnover growth, with global revenues for 2016/17 up 5% in euros to €361m from €343.8m, which translates to a 11% increase in sterling from £273.8m to £303.2m.