An expansive year geographically, combined with a strong performance in corporate and disputes, has seen Fieldfisher announce a 34% increase in turnover for 2016/17, from £121.5m to £165m.
Continue reading “Financials 2016/17: Fieldfisher reveals 34% revenue hike to £165m”
The board of the 9,000-strong Royal Bank of Scotland (RBS) Shareholders Action Group has endorsed a settlement to claimants of 82p per £1 offer made by RBS on the evening of the trial, although the sum is below original estimates.
Despite a slightly less active week for lateral hires in the UK, firms continue to grow their European footprint. Baker McKenzie and Fieldfisher added to their Paris and Dusseldorf bases respectively, as national firm Weightmans hired in Manchester and Kirkland & Ellis opened a new office in Boston.
Gibson, Dunn & Crutcher, Latham & Watkins and Slaughter and May have won places advising on London-based offshore drilling contractor Ensco’s $839m acquisition of Houston, US’ Atwood Oceanics.
AIM-listed Gateley has seen turnover soar 15% for the financial year ending 30 April 2017, from £67m in 2016 to £77m. In addition, adjusted EBITDA also saw double digit growth, increasing 14% from £12.9m to £14.7m.
Continue reading “Gateley turnover soars 15% to £77m as group plans further growth”
Hogan Lovells’ UK newly-qualified (NQ) lawyers pay has risen 5%, as the firm increases junior associates’ salaries.
Continue reading “Hogan Lovells hikes NQ pay by 5% in latest round of City increases”
The Law Society of England and Wales abused its dominant position in the market for the provision of quality certifications and accreditations services to conveyancing firms in the UK, the Competition Appeal Tribunal (CAT) has ruled today (26 May).
The NHS Litigation Authority (NHSLA) has unveiled a roster of firms for its £544m legal advice panel, with Fieldfisher, Clyde & Co, DAC Beachcroft and Bevan Brittan among those making the cut. Meanwhile, Berrymans Lace Mawer has missed out.
Continue reading “Clydes and Fieldfisher take spots on NHS litigation panel as BLM misses out”
London-based litigator Paul Friedman is to leave Quinn Emanuel Urquhart & Sullivan after just over a year at the firm. Friedman is the second partner to leave the US firm this year after a nine year period with no partner exits.
Continue reading “Quinn’s City outpost loses second partner this year as Friedman exits”
Following a consultation period, Allen & Overy (A&O) has introduced a new executive committee and client group in a bid to introduce more structure in the way it delivers services.
Continue reading “‘Forward-looking changes’: A&O introduces new management structure”
Watson Farley & Williams (WFW) has advised a group of 29 international and local banks who were acting as financiers on a $14bn merger between shipping giants Hapag-Lloyd and United Arab Shipping Company (UASC).
The judge hearing the Royal Bank of Scotland (RBS) £4bn rights issue damages case – currently stayed pending settlement negotiations – has highlighted the bank’s ‘extraordinary’ £129m costs in the case, in a preliminary judgment published on 23 May.
Dentons’ Watford internal staff consultation, launched in March, has concluded with the axing of five lawyers – two partners and three junior solicitors, alongside a paralegal and three secretaries.
Continue reading “Dentons axes five lawyers from Watford office after consultation”
Dentons has taken on Clifford Chance’s (CC) Russia and CIS oil and gas head Louis Skyner as partner, the second practice leader to be poached from the Magic Circle firm this month.
Continue reading “Dentons appoints Clifford Chance Russia, CIS oil and gas head Louis Skyner”
Linklaters has landed a significant mandate acting for SoftBank Group Corporation on the launch of the SoftBank Vision Fund, the world’s largest technology fund focusing on innovation including artificial intelligence (AI), robotics and mobile applications. Continue reading “Linklaters advises technology giant SoftBank on launch of $100bn investment fund”
Uber’s European, Middle East and Africa (EMEA) general counsel Jim Callaghan will step down from his role in June this year. Continue reading “In-house: Uber searches for new EMEA GC as Callaghan to step down”
Reed Smith‘s new head of international arbitration following the firm’s recent Miami merger with Astigarraga Davis, José Astigarraga (pictured), discusses his plans at Reed Smith and the future of international arbitration with Georgiana Tudor. Continue reading “Q&A: Reed Smith’s new global arbitration head on the transition from a Miami litigation boutique to an international firm”
Clifford Chance, Freshfields Bruckhaus Deringer, Berwin Leighton Paisner and DLA Piper are among firms named on American International Group’s (AIG) new UK panel arrangement. Continue reading “Clifford Chance, BLP and DLA among firms named on AIG’s new UK roster”
Berwin Leighton Paisner (BLP) is due to launch a real estate and infrastructure practice in Hong Kong this autumn with the hire of Mayer Brown JSM’s rated head of Asia hospitality and leisure, Andrew MacGeoch.
Continue reading “‘Didn’t want someone average’: BLP taps Mayer Brown in Hong Kong real estate push”
Linklaters has hired Ropes & Gray partner James Douglas to its London office, its second restructuring hire in as many months.
Continue reading “Linklaters makes second restructuring hire this year with Ropes’ Douglas”
