20 July 2009
Bird & Bird has announced a 29.7 per cent increase in gross revenue for the 2008-09 financial year.
The Saudi office of Middle East law firm Al Tamimi & Company has picked up a role as sole legal adviser to HSBC on a £180m industrial real estate deal.
Ashurst has mooted extending the length of time it takes for junior equity partners to gain senior status, dropping the value of an equity point by a third.
Essex firm Attwaters is a year into a five-year strategy last year that saw it install Sheenagh Parsons as managing partner. Under the new regime, Attwaters aimed to invest more heavily in the areas of corporate and private client and broaden the practice away from its traditionally largest areas of personal injury and clinical negligence.
The bar appears to be on the brink of a boom period, despite leading litigators warning that the anticipated litigation tsunami has failed to materialise.
Will the young guns push Rawlinson out of pole position? Margaret Taylor investigates
The Levicom v Linklaters case sets a precedent that clients cannot point the finger at their lawyers just because they don’t like the outcome of a case. By Fergal Cathie and Natalia Lyttleton
Berwin Leighton Paisner (BLP) has continued with its strategy of bulking up its tax practice by picking former Freshfields Bruckhaus Deringer director Alan Sinyor to join its strategic tax team.
Cadwalader Wickersham & Taft has signalled its intent to permanently downsize its London operations by finalising an office move that will see it reduce its space in the City by almost half.
Law Society joins UK firms’ fight against fines based on protectionism
Florian Mattinson is more than just a lawyer - he helped make German dairy company Müller a household name in the UK. Corinne McPartland reports
Orrick Herrington & Sutcliffe and Slaughter and May are advising as talks continue between Centrica and North Sea gas producer Venture Production.
DLA Piper managing director for Europe Andrew Darwin was in Dubai last week.
In-housers have had it pretty much all their way of late, with strict pitch criteria meaning they can dictate terms and even get their law firms to do some menial work for their companies. It looks like that balance of power is not going unchallenged, however.
Eversheds local government partner Stephen Cirell has been seconded to Cornwall Council to lead its green agenda.
Eversheds is planning to send its first-ever secondee to an Indian law firm, with an assistant preparing to go to Khaitan & Co later this year.
The next intake of MPs will be very different following the general election, with plenty more Conservative lawyers at Westminster. Who is most likely to be elected?
UK firm adopts cautious approach to pinpoint the right US laterals. By Julia Berris
Spain’s largest law firm Garrigues has revealed the names of its new joint managing partners just as it expects to break the e300m (£259.9m) revenue barrier for the first time.
Linklaters has abandoned its ‘New World’ moniker in the wake of its controversial restructuring programme.
As the deadline for responses to Lord Justice Jackson’s interim report on civil litigation costs draws closer, it is worth noting that across the City senior litigators are questioning the motives behind the review.
Lovells has advised M&G, the investment management arm of Prudential, on the launch of a £1bn company financing fund.
School pupils are to be taught how the justice system works as part of a national curriculum change unveiled by justice minister Bridget Prentice and Attorney General Baroness Scotland QC.
The Guardian’s allegations that the News of the World had illegally tapped the phones of possibly thousands of public figures was met with wry amusement by those who battle for claimants against media defendants.
Bristol-headquartered Osborne Clarke has seen significant falls in both turnover and profitability during the last financial year.
Outer Temple Chambers is looking to expand its presence in the Middle East by opening in Saudi Arabia.
Pannone brought in a turnover of £52.5m for the 2008-09 financial year, a 3 per cent increase on the total of £50.8m for 2007-08.
Richard Dinning (left) has been appointed as chairman of DMH Stallard, taking over from Derek Sparrow. Dinning was previously a real estate finance partner at Addleshaw Goddard.
Pinsent Masons has picked up the main role on the University of Sussex’s first-ever legal panel following advice to the institution on dealing with student activism.
Advisers to contract and facilities management company Serco are awaiting the company’s imminent panel review, with Pinsent Masons expected to expand its workload as a result.
Shearman & Sterling has seen some significant changes of late: the US firm overhauled its management structure last year, electing new practice and office heads; it has made layoffs in the US and UK this year; it also relocated some of its most senior partners to overseas offices.
?Equity partners at firms in the silver circle will be taking home a significantly lower share of profits following the 2008-09 financial year, with profit per equity partner (PEP) falling by an average of 34 per cent.
Simmons & Simmons has been hit by a 19.6 per cent drop in average profit per equity partner (PEP) after seeing four consecutive years of growth.
Bristol-based St John’s Chambers has appointed Outer Temple’s business development director Derek Jenkins as chief executive.
Stephenson Harwood has bulked up its London corporate team by hiring former Ashurst partner Duncan Stiles.
Cyprus is already a hit with holidaymakers, but its favourable tax regime is also attracting foreign investment to the island, says Kit Chellel
The split between the Greek and Turkish parts of Cyprus brings no end of difficulties for the island’s lawyers, who say it’s time to unite. By Kit Chellel
It’s hard to escape Blackstone Chambers QC Dinah Rose at the moment.
Late last month the annual footballing ritual of The Lawyer’s Legal Fives football and netball tournament rolled around again. As ever, it was a hard-fought battle featuring the sporting cream of the UK legal market.
There’s nothing like a bit of protectionism for stirring up ill-feeling. As our lead story details, what started out as a group of Bulgarian firms marking their territory against an influx of foreign competition has turned into a full-scale battle, and each side is utterly incensed at the other’s actions.
Ward Hadaway is encouraging staff in its property department to take 13 days unpaid leave during the summer in a bid to keep staffing costs down.
Weil Gotshal & Manges and Linklaters have landed lead roles on a $2bn (£1.2bn) Middle East media merger.
Longstanding White & Case client Serco has been awarded preferred bidder status on the £600m Belmarsh West and Maghull new-build prisons PFI, The Lawyer understands.
Brian Green QC of Wilberforce Chambers has won a Court of Appeal case that will have implications for the raft of pension schemes currently grappling with equalisation issues.
Withers has hired former Travers Smith litigation partner John Kingston to build up its London-based litigation group. Kingston led Travers’ litigation group from 1980 until 2007.
If you weren’t a lawyer what would you have been? A professor of history or a rugby player.