CMS Cameron McKenna Nabarro Olswang has continued to expand by opening its Monaco office through a combination with Pasquier Ciulla & Marquet Avocats (PCM), the firm’s first global practice launch since the UK tripartite merger went live on 1 May.
Continue reading “CMS launches Monaco office with local merger to service international investors”
Dentons has taken the lead advising French oil and gas company Total in signing a £4bn ($5bn) contract with Iran’s national Oil company, the republic’s first energy deal with a foreign enterprise since sanctions eased 18 months ago.
Clifford Chance (CC) has instructed lawyers at Clyde & Co to represent it in an investigation by the Solicitors Regulation Authority (SRA), reportedly involving the firm’s part in the Excalibur professional negligence case, resulting from a claim in which an appeal judge criticised CC for an ‘acute’ conflict of interest.
The legal team at Lloyds Banking Group (LBG) will now report to the bank’s finance team in the group’s latest reorganisation, which led to the departure of chief people, legal and strategy officer and ex-Linklaters managing partner Simon Davies, after less than two years.
Legal Business’ sister brand The Legal 500 is to launch a new recruitment service.
Continue reading “LB sister brand The Legal 500 launches new global recruitment service”
In a challenging but ‘good year’ for the firm, Macfarlanes has continued growing with revenues up 4% to £167.6m.
Continue reading “‘Willingness to adapt’: Macfarlanes defies Brexit effect with PEP up 8%”
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.’
Berwin Leighton Paisner (BLP) has posted mixed financial results for the year, with revenues up 7% while profit per equity partner (PEP) fell 8%.
Continue reading “Financials 2017: Mixed results for BLP as revenues up 7% while PEP falls”
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.
Continue reading “Hausfeld takes the wheel in truck cartel damages claim with funding from Burford”
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%.
Continue reading “Allen & Overy posts pace-setting 25% rise in PEP with top line reaching £1.52bn”
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.’
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.
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.
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.
Continue reading “Skadden and A&O act on Vantiv’s £9bn buyout of UK payment processor Worldpay”
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.
Continue reading “Charles Russell hires Hong Kong duo to enter Asia’s burgeoning high net market”
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.
Continue reading “‘Below our expectations’: RPC profits down 8% as revenue edges up to £103m”
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 has combined with Bologna firm Lucchini Gattamorta & Associates (LGA) as it opens its fifth outpost in Italy, continuing this year’s global expansion spree.
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 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.
