Marking your own homework: Dentons and a defence of PEP Legal Business Alex Novarese takes a jaded view of the latest attempt to avoid transparency It would almost be too easy to…
Law Society back in black as intervention costs double and Hudson receives 19% pay rise Legal Business The Law Society’s latest financial accounts show that the cost of dealing with an increasing number of firms in financial…
Comment: Marking your own homework, Dentons and a defence of PEP Legal Business It would almost be too easy to pick holes in the letter that Dentons has supplied to the media to justify…
RBS: some recovery in sight but weak demand and 5,000 surplus solicitors still define turbulent legal market Alex Novarese Disaggregated, wrestling with tight margins, reliant on defensive mergers and probably still with more than 5,000 un-needed solicitors in England…
Countdown: HMRC’s LLP tax changes to go ahead in April Legal Business The controversial debate over taxation of limited liability partnerships (LLPs) has reached a decisive stage as changes are scheduled to…
Latest LLP filings show increased borrowing Legal Business BLP bank debt up sharply as 2012/13 annual reports filter through Growing debt was a recurring theme in the limited…
Bank spend – RBS warns of £3bn extra litigation costs ahead of next month’s financial results Legal Business In a statement rushed out late yesterday (27 January) to soften the blow of its official results announcement next month,…
Guest post: ‘Chasing short term profits is the enemy of long-term success’ – A conversation with Freshfields’ Ted Burke Legal Business I recently had the chance to sit down with Ted Burke, outgoing managing partner of Freshfields Bruckhaus Deringer. I’ve known…
Hill Dickinson sees H1 revenues up 6% following summer cash call David Stevenson Top-40 LB100 firm Hill Dickinson has posted a half year increase in revenues from £54.9m from £51.9m this time last…
Regulatory squeeze – JP Morgan sees rare loss after setting aside $9.2bn in legal fees Legal Business As if any reminder was needed of the impact that increased regulation and the continuing fallout from the financial crisis…
Increased scrutiny of finances by insurers as 185 firms fail to get PII by first cut off Legal Business Insurers are joining banks in upping their scrutiny of law firm finances in light of recent insolvencies as 185 law firms…
Deal watch: September sees significant rise in deal activity Legal Business Lloyds privatisation Slaughter and May and Freshfields Bruckhaus Deringer led the line in September advising Lloyds Banking Group on the…
Asia round-up: Bingham makes funds push in Tokyo while Eversheds launches in Beijing David Stevenson The lateral hire market has been particularly active in Asia this week, with some of the most established international players…
Semple Fraser Appoints administrators David Stevenson Scotland’s Semple Fraser has gone into administration, with Tom MacLennan and Kenny Craig, partners with accountants RSM Tenon, appointed joint…
Italy 2.0 Legal Business The Italian legal market has modernised over the past decade as local firms have reacted to greater client demands and…
