US firm Edwards Wildman has seen the last of its quintet of disgruntled corporate partners resign as it has emerged that Niall McAlister has departed for Olswang. Continue reading “Edwards Wildman sees final corporate partner exit for Olswang as Arnold & Porter emerges as ‘in talks’ with disputes team”
Financial results 2013/14: Olswang suffers further drop in PEP to £490k with turnover up 7% to £117.6m
Olswang has reported mixed 2013/14 financial results with profit per equity partner (PEP) down 4%, following a double-digit drop last year, while revenue is up 7% to £117.6m. Continue reading “Financial results 2013/14: Olswang suffers further drop in PEP to £490k with turnover up 7% to £117.6m”
Olswang’s head of real estate finance quits for Dechert
Olswang’s head of real estate finance Eleni Skordaki has quit the firm after nearly ten years to join Dechert’s City finance and real estate group.
Skordaki specialises in advising banks in real estate financings and restructurings. Continue reading “Olswang’s head of real estate finance quits for Dechert”
Channel 5’s £450m sale to Viacom sees Rosenblatt, Shearman, Olswang and Lewis Silkin acting
Channel 5’s £450m sale to Viacom has thrown up roles for Rosenblatt Solicitors; a London-based Shearman & Sterling team; Olswang and Lewis Silkin as the US broadcasting giant snaps up the UK’s only privately owned commercial television channel. Continue reading “Channel 5’s £450m sale to Viacom sees Rosenblatt, Shearman, Olswang and Lewis Silkin acting”
Partner promotions: Wragges and DAC Beachcroft make up significantly more lawyers; Olswang promotes two
Ahead of its 1 May merger with City firm Lawrence Graham, Wragge & Co has more than doubled the number of partner promotions it made last year to five, including two in its housing, development & regeneration team.
Olswang brings in ex-Linklaters Paris TMT head in further hire on the Continent
Olswang has made a further senior TMT lateral on the Continent, boosting its Brussels and Paris practices with the hire of former Linklaters TMT head Sylvie Rousseau. Continue reading “Olswang brings in ex-Linklaters Paris TMT head in further hire on the Continent”
Revolving Doors: Lateral hires for Squire Sanders, Olswang, Irwin Mitchell, DAC Beachcroft and Osborne Clarke
In the latest series of lateral appointments across the UK’s leading firms, Squire Sanders has hired former Berwin Leighton Paisner (BLP) director of China business as a partner in its global corporate practice, as Olswang welcomes former Gateley contentious insolvency partner Louise Bell, Irwin Mitchell hires restructuring and insolvency specialist Edward Judge, and DAC Beachcroft brings in Eversheds’ former head of procurement in Newcastle, Ruth Connorton.
Continue reading “Revolving Doors: Lateral hires for Squire Sanders, Olswang, Irwin Mitchell, DAC Beachcroft and Osborne Clarke”
LLP filings 2012/13 – DAC Beachcroft, Dentons, Olswang and Ince & Co reveal numbers
DAC Beachcroft, Dentons, Olswang and Ince & Co have joined the ranks of leading UK law firms to have filed their limited liability partnership (LLP) accounts on Companies House, with the former three all seeing an increase in their bank debt.
Dentons UKMEA LLP saw its bank loans increase by around £3m in the 2012/13 year, while profit was down 10% to £28.3m, which the firm attributed to increased marketing and administration costs stemming from its tripartite merger with Salans and Fraser Milner Casgrain.
Revenue at the top-10 firm dropped 1.5% from £144.8m to £142.8m. Continue reading “LLP filings 2012/13 – DAC Beachcroft, Dentons, Olswang and Ince & Co reveal numbers”
Hogan Lovells and Olswang strengthen TMT practices with hire of team heads in Hong Kong and Germany
As Hong Kong becomes gateway to the world’s biggest trader in goods after China overtook the US for the first time in 2013, the region continues to see high profile lateral moves, most recently from Freshfields Bruckhaus Deringer to Hogan Lovells, which has hired the Magic Circle firm’s regional head of intellectual property (IP), IT and technology media and telecoms (TMT), Mark Parsons.
In his new role, Parsons will focus on complex commercial transactions and regulatory matters in the TMT sector and is expected to join his new 2,527-lawyer firm at the end of January 2014.
H1 2013/14: Olswang sees turnover jump by 15%
Olswang has joined the early ranks of top 50 firms to reveal their half year (H1) 2013/14 results, with turnover up 15% on the same period last year, bringing in revenues of £57.6m compared with £50.03m last November.
In a statement, the top 35 firm’s chief executive, David Stewart (pictured), who in April was elected for a further three-year term, commented: ‘This is a good performance in what is still a challenging market. We’ve seen strong performances from our German, Belgian, Asian and French teams, combined with a much better London first half. We are now focused on delivering an equally strong second half year to continue our progress towards our strategic goal of becoming a leading international firm focused on the TMT and real estate sectors.’ Continue reading “H1 2013/14: Olswang sees turnover jump by 15%”