‘Bumpy year’: Burness Paull posts flat revenue and profit as muted Scots performance continues

‘Bumpy year’: Burness Paull posts flat revenue and profit as muted Scots performance continues

Scottish independent Burness Paull has posted flat financials for 2016/17 with turnover up 1% from £53.3m to £53.8m, while profit per equity partner stands at £453,000 compared to £451,000 last year.

Additionally, overall profit was down 2% from £22.5m to £22m in what the firm’s chairman Philip Rodney described a ‘bumpy year for the Scottish economy’. In 2015/16, the firm saw stronger revenue growth of 4% but PEP was down by 6%.

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Better together? – Those Anglo-Scots unions in focus

Better together? – Those Anglo-Scots unions in focus

Legal Business looks under the bonnet to assess how the Scottish arms of Pinsent Masons and CMS have fared post-merger.

The ‘Better Together’ campaign, in favour of preserving Scotland’s union with the UK in 2014, maintained that Scotland was stronger as part of Great Britain, winning that particular argument by a margin of around 11%. But while the battle may have been won for now, a number of Scottish law firms are still wrestling with the decision of whether to tie-up with an English suitor – a fact most recently indicated by Maclay Murray & Spens’ aborted merger talks with Addleshaw Goddard in February.

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Scottish Brexit reaction: Firm leaders urge calm in an even more uncertain environment

Scottish Brexit reaction: Firm leaders urge calm in an even more uncertain environment

With First Minister Nicola Sturgeon calling for a second Scottish referendum on UK independence amid Scottish voters overwhelmingly backing a vote to remain in the EU by 62% to 38%, law firm leaders in Scotland have urged for composure in a region which is likely to see a longer period of uncertainty than the rest of the country. Continue reading “Scottish Brexit reaction: Firm leaders urge calm in an even more uncertain environment”

Bucking the trend: Shepherd and Wedderburn to re-enter Aberdeen with Pinsents hire

Bucking the trend: Shepherd and Wedderburn to re-enter Aberdeen with Pinsents hire

Despite predictions of doom and gloom around Aberdeen and its oil and gas offering, Scottish LB100 firm Shepherd and Wedderburn is bucking the trend and will re-enter the market with the recent hire of Pinsent Masons‘ John Rutherford as a consultant.

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Addleshaws in bid to merge with Glasgow’s Maclays as run of Anglo-Scots consolidation continues

Addleshaws in bid to merge with Glasgow’s Maclays as run of Anglo-Scots consolidation continues

Addleshaw Goddard is in talks to merge with Scots law firm Maclay Murray & Spens in a deal that would create a national practice with combined revenues of around £230m and offices in eleven locations, including London, Manchester, Aberdeen, Edinburgh and Hong Kong.

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