Spanish leaders Uría and Cuatrecasas hike fees as confidence returns to battered market David Stevenson Despite Spanish M&A values dropping significantly in 2013 and amid the country’s continuing well-publicised debt crisis, two of Spain’s big…
Outpaced – US firms’ 2013 City revenue increases overshadow global results David Stevenson Aside from a notable shift towards growth, one of the most salient trends to emerge from 2013’s US financial results…
US financial results 2013: DLA achieves record revenue of $2.48bn as growth slows Sarah Downey The highest-ever gross turnover but reduced growth figures was the message that came out of DLA Piper’s financials today (28 February),…
US results season 2013: Hogan Lovells unveils highest post-merger results with 5.2% increase in turnover Sarah Downey Transatlantic firm Hogan Lovells has today (27 February) unveiled its highest post-merger global financial results, posting a fee-income increase of 5.2%…
US financial results 2013: Paul Weiss builds on 2012 success with revenue increase of 7% David Stevenson New York elite firm Paul, Weiss, Rifkind, Wharton & Garrison has built on its double-digit growth of 2012 by turning out…
US results season 2013: McDermott and King & Spalding post 4% increase in revenue David Stevenson Chicago-headquartered firm McDermott Will & Emery has continued its post-financial crisis recovery, unveiling a 3.5% increase in revenue to $881m, as…
US financial results 2013: Latham sees moderate growth in PEP and revenue David Stevenson Still basking in London in the news that it has hired leading Clifford Chance (CC) private equity partner Kem Ihenacho, Latham…
The New New Normal – a changing market beckons for 2014 Legal Business The last three years have drawn to a close heralding another 12 months much like those that went before: depressing.…
Investment costs: DAC Beachcroft issues £10m cash call amid positive half-year financials Sarah Downey DAC Beachcroft has issued a £10m cash call to LLP members and simultaneously increased its rolling credit facility to £40m,…
Administrators give behind-the-scenes insight into Manches takeover by Penningtons Legal Business Penningtons’ takeover of troubled Manches last month says almost as much about the state of the legal market as it…
Pannone presses for S&G deal in wake of failed Cobbetts bid Legal Business Having previously pursued a merger with the now defunct Cobbetts (as it turned out, a lucky reprieve), Pannone’s current discussions…
Legal Business 100 2013 Legal Business . LB100 – The age of turbulence LB100 – Wind swept LB100 – The second 50: Scattered in the wind…
SRA reviews firm finances amid ‘perfect storm’ while KPMG reveals cost of Cobbetts collapse Sarah Downey The Solicitors Regulation Authority (SRA) has begun an evaluation of financial data gathered from 2,000 law firms after warning earlier…
Outsourcing giant Capita unveils plans to enter legal market as first ABS posts healthy financial results Sarah Downey Outsourcing giant Capita is to re-enter the UK legal market, having reached a conditional agreement to acquire Optima Legal Services,…
ABS growing pains: Co-op Legal Service’s losses simply teething troubles, says GC Jaishree Kalia With news that Co-operative Legal Services (CLS) has posted a £3.4m loss in the for first half of 2013, the…
LB 100 – The Five Year View: Riders on the Storm Mark McAteer A five-year view of the LB100 underlines the profound impact globalisation has had on the UK’s top firms but also…
LB 100 – Methodology Legal Business LB100 LAW FIRMS The firms that appear in the LB100 are the top 100 firms in the UK, ranked by…
Merger frenzy hikes LB100 income but growth masks another tough year Mark McAteer Lawyer count passes 60,000 but profits fall at top UK firms The latest Legal Business 100 results show the total…
The age of turbulence has only just begun for the UK’s top 100 firms Alex Novarese Respectable, yes, but 2012/13 was a tough year, even by the post-Lehman standards law firm leaders have become accustomed to.…
