The first LB100 firm to post mid-year results for 2016/17, Fieldfisher, has lifted revenue for the period by 10% to £64.1m. The firm posted an 8% rise to £58.4m for the same period last year. Continue reading “‘A good start’: Fieldfisher posts 10% half-year revenue rise”
Rising star Sum quits for Sidley Austin in blow for Linklaters banking practice
Rising restructuring star Yen Sum will exit Linklaters‘ banking practice to join US firm Sidley Austin after eight years with the Magic Circle firm. Continue reading “Rising star Sum quits for Sidley Austin in blow for Linklaters banking practice”
City firms react as government pushes ahead European Unified Patent Court despite Brexit fears
The UK is to ratify the Europe-wide Unified Patent Court (UPC) agreement and set up a court in London despite fears Brexit would halt negotiations. Continue reading “City firms react as government pushes ahead European Unified Patent Court despite Brexit fears”
‘A major business hub’: HFW enters the US with Houston acquisition
Holman Fenwick Willan (HFW) is to gain a US presence by taking over Houston law firm Legge, Farrow, Kimmitt, McGrath & Brown. Continue reading “‘A major business hub’: HFW enters the US with Houston acquisition”
Eversheds in talks with Sutherland Asbill & Brennan as firm gets closer to long-held US ambitions
Eversheds is in talks with Atlanta-based Sutherland Asbill & Brennan as the firm gets closer to its long-held ambition of an American tie-up. Continue reading “Eversheds in talks with Sutherland Asbill & Brennan as firm gets closer to long-held US ambitions”
A giant rescue: Dentons enters fray to take over bulk of KWM’s European practice
Dentons has emerged as a potential suitor to save the beleaguered European arm of King & Wood Mallesons (KWM), Legal Business can reveal, with management at both firms understood to be in merger discussions.
Continue reading “A giant rescue: Dentons enters fray to take over bulk of KWM’s European practice”
KWM head of litigation and major biller Pollack in talks to join Covington
King & Wood Mallesons‘ head of litigation Craig Pollack is in talks to move to US firm Covington & Burling. Continue reading “KWM head of litigation and major biller Pollack in talks to join Covington”
Buy-back: Bird & Bird shelves trademark and IP consultancy spin-off
After a management shake-up at its IT consultancy arm, Bird & Bird has shelved its intellectual property and trademarks spin-off, just two years after launch and after almost 50% the partnership put capital into the business. Continue reading “Buy-back: Bird & Bird shelves trademark and IP consultancy spin-off”
Yes to Scotland: Addleshaw partners vote through HBJ Gateley merger adding £20m to top line
Addleshaw Goddard has finally voted through a Scottish merger, with managing partner John Joyce getting enough partner votes needed to approve a union with HBJ Gateley last Tuesday, ahead of the ballot closing today (28 November).
Revolving doors: Taylor Wessing strengthens in Europe as the New York Times appoints new GC
Taylor Wessing has added to its Warsaw office as 39 Essex Chambers brought in a new arbitrator and the New York Times got a new general counsel this week. Continue reading “Revolving doors: Taylor Wessing strengthens in Europe as the New York Times appoints new GC”
MPs call on child abuse inquiry to make new lead counsel priority after Emmerson exit
The Home Affairs Select Committee has pressed the Independent Inquiry into Child Sexual Abuse (IICSA) to make finding a new lead counsel its ‘priority’. Continue reading “MPs call on child abuse inquiry to make new lead counsel priority after Emmerson exit”
DAC Beachcroft takes on Clyde & Co team including four partners
DAC Beachcroft will pick up a team from its insurance competitor Clyde & Co with four partners making the move to the firm. Continue reading “DAC Beachcroft takes on Clyde & Co team including four partners”
Mishcon employment partner heads in-house in rare exit from City firm
Mishcon de Reya has seen a partner exit from its ranks, as it has emerged that employment lawyer Helen Croft has joined communications agency, Mission Media, as its chief operating officer and general counsel (GC). Continue reading “Mishcon employment partner heads in-house in rare exit from City firm”
‘Rapidly changing’: DWF enters Northern Ireland market through Belfast merger
National firm DWF has secured a merger in Northern Ireland with Belfast firm C&H Jefferson as the 20-partner firm prepares to join on 1 December. Continue reading “‘Rapidly changing’: DWF enters Northern Ireland market through Belfast merger”
‘Continued transformation’: Ashurst fills CFO position with UKTV executive
Ashurst has found a replacement chief financial and operations officer with UKTV’s Jan Gooze-Zijl stepping into the role.
Continue reading “‘Continued transformation’: Ashurst fills CFO position with UKTV executive”
Eversheds leadership structure finalised as Gray made executive partner and Froud takes MP role
Eversheds‘ management structure has been finalised following Lee Ranson’s appointment as chief executive last month, Legal Business has learned. Continue reading “Eversheds leadership structure finalised as Gray made executive partner and Froud takes MP role”
Goodwin Procter poised to take majority of KWM’s prized funds team
Four King & Wood Mallesons partners, the majority of the firm’s influential funds team, are in talks to join Goodwin Procter, following their former group head Michael Halford’s decision to join the US firm. Continue reading “Goodwin Procter poised to take majority of KWM’s prized funds team”
‘Strategic progress’: Paul Hastings posts 16% revenue rise in Europe to £96m
The European offices at Paul Hastings had a record year in 2015, with profit increasing by 50% from £20.2m to £30.2m. The firm also posted a 16% increase in revenue from £82.5m to £96m, according to filings at Companies House for the year ending 31 January 2016. Continue reading “‘Strategic progress’: Paul Hastings posts 16% revenue rise in Europe to £96m”
Pinsents lands Scotland’s corporate deal of the year in £1.4bn Skyscanner sale
In Scotland’s biggest corporate deal this year, Pinsent Masons, Travers Smith and Skadden, Arps, Slate, Meagher & Flom all won roles acting on the sale of Skyscanner for £1.4bn. Continue reading “Pinsents lands Scotland’s corporate deal of the year in £1.4bn Skyscanner sale”
Law firm model at risk as Hammond reveals plans to tackle ‘partnership taxation’ in autumn statement
In a move which could curb law firms’ ability to share profits based on actual performance, yesterday’s (23 November) Autumn Statement by Chancellor Philip Hammond revealed plans to shake up profit sharing arrangements in partnerships. Continue reading “Law firm model at risk as Hammond reveals plans to tackle ‘partnership taxation’ in autumn statement”