Australian-listed Slater and Gordon is facing further inquiry as the company’s lenders have appointed their own investigative accountants to look at the firm’s books.
Continue reading “Further scrutiny: Banks order investigative review of Slater and Gordon’s books”
Dentons has (7 January) confirmed the hire of Matthew Arnold & Baldwin‘s (MAB) 75-strong banking and finance litigation team, including 11 partners and 64 fee earners.
Allen & Overy‘s (A&O) senior partner and managing partner, global practice heads and support directors took home £1.1m more in the financial year ending 30 April 2015 than the year before, the Magic Circle firm’s latest LLP filings show.
In a record year for global M&A, US firm Skadden, Arps, Slate, Meagher & Flom and Magic Circle firm Freshfields Bruckhaus Deringer were the top performers in the US and Europe respectively, according to Dealogic’s 2015 league tables.
Benefitting from a resurgence of financial work in the City in 2014/15, Simmons & Simmons acted prudently to boost its profitability and reduce debt, its LLP filing shows.
Scottish engineering business Weir Group has appointed Burness Paull and CMS Cameron McKenna to its first ever European panel following a competitive tender process while Herbert Smith Freehills (HSF) and Baker & McKenzie have been gifted with advisory roles on its global legal roster.
More than 2,500 unsecured creditors of the now defunct Parabis Group will lose almost £50m, a report from the company’s administrators reveals.
Hogan Lovells today (5 January) announced 24 associates have joined the partnership, including five in London, mostly across the firm’s corporate, disputes and government regulatory practices.
Baker & McKenzie‘s push in the UK disputes arena has continued into the new year with the hire of Hogan Lovells stalwart Hugh Lyons.
Continue reading “Disputes drive: Baker & McKenzie hires Hogan Lovells litigator Lyons”
Teams from Jones Day, Herbert Smith Freehills and Walker Morris have won mandates as Premier League football club Crystal Palace FC restructures in an ownership deal with US billionaires Josh Harris and David Blitzer which includes an initial £50m investment.
The highest-paid LLP member at Stephenson Harwood took home £1.3m during the last financial year compared to just over £1m the previous year – an increase of nearly 30% on what was paid in 2013/14.
Continue reading “Stephenson Harwood pays 30% more to highest-earning member, latest accounts show”
Clifford Chance‘s (CC) 12-strong executive leadership group saw an average 7% decrease in pay packets in the last financial year while the firm’s revenue and profit fell, according to accounts filed at Companies House.
The highest-paid LLP member at DLA Piper International took home £1.96m last year, 8% more than the biggest payout last year, despite the firm’s profit dipping.
Just over a year since US firm Akin Gump Strauss Hauer & Feld took over Bingham McCutchen’s $50m London office, the firm has made its largest ever number of partner promotions in the City, with three lawyers joining the partnership.
Year-end is often seen, understandably if somewhat arbitrarily, as a time for reflection. Actually, in my book there’s never a bad time for reflection, so I’ll take an arbitrary peg over no peg.
Continue reading “Guest post: What’s your theory of the business?”
After winning a place on Deutsche Bank’s global legal panel last year, Freshfields Bruckhaus Deringer is representing the German bank on the sale of ¥25.7bn of its Chinese assets.
A host of figures within the legal profession including former Allen & Overy (A&O) senior partner Guy Beringer QC (pictured) have been recognised in 2016’s New Year honours.
Freshfields Bruckhaus Deringer and Stephenson Harwood have led on the sale of the Priory, the rehab clinic known for its celebrity clients, having treated the likes of supermodel Kate Moss, pop star Robbie Williams and rocker Pete Doherty.
The highest-paid LLP member at Fieldfisher took home £1.24m last year, almost twice as much as last year, following back-to-back years of strong revenue growth for the firm.
As the Christmas wind-down approaches inertia, in time-honoured tradition along with ghastly jumpers and inappropriate comments on social media, we signal the closing down of Legal Business HQ with a look back at the stories that made our year.
Continue reading “Comment: The 2015 edit – our favourite Legal Business pieces from this year”
