Bird & Bird’s continued European expansion has helped it to a 22 per cent increase in revenues at the half-year point. But the rapid international growth, which saw it reach 13 offices in 10 jurisdictions this year, has not hurt the bottom line. Chief executive David Kerr said profits lagged only slightly behind revenues in […]
Denton Wilde Sapte is predicting its profit per equity partner to move back above the psychogically-important £300,000 milestone by the end of the financial year but revenues are likely to suffer. Six-month PEP is up 29 per cent on the same period last year and firm is confident that this performance will help it achieve […]
Berrymans Lace Mawer senior partner Paul Taylor is stepping down after 14 years at the helm of the insurance heavyweight, to be replaced by Terry Renouf. Executive board member Renouf was elected to the role and will take up office on 1 April 2006. He praised Taylor’s leadership, and said that he would maintain Berrymans’ […]
SJ Berwin is on track to bolster its turnover for the third year running, after reporting a 19 per cent increase in gross revenue at the half-year mark. The double-digit increase in revenue follows last financial year’s 23 per cent increase in total turnover and cements the firm’s return to grace after a disappointing 5 […]
The Department for Constitutional Affairs (DCA) has appointed Monckton Chambers’ joint head Kenneth Parker QC as the new Public Law Commissioner. Parker will leave Monckton to take up his new role full-time. His former joint-head of chambers Paul Lasok QC becomes sole head of chambers. Parker’s tenure will last for five years, starting from 1 […]
Taylor Wessing is anticipating at least a 30 per cent rise in profits at its half-year stage. The firm’s UK managing partner Michael Frawley said figures were yet to be finalised but average profit per equity partner (PEP) could rise as much as 35 per…
Hammonds has reported strong growth in turnover and profitability for the first six months of the current financial year, with half-year revenues estimated at £65m. The figure puts the firm well on course to beat last year’s £127.6m turnover, and average profit per equity partner should also be up from the £204,000 recorded in 2004-2005. […]
Eversheds has scored a major coup for its fraud team with the hire of Serious Fraud Office (SFO) deputy director Peter Kiernan as a partner. Kiernan, who joins Eversheds in January, will work alongside fraud head Gerallt Owen, a recruit from Orchard Solicitors in August 2004. The hire is designed to complement the firm’s existing […]
Charles Russell has reportedly increased gross revenues by 25 per cent during the first half of the fiscal year. Managing partner Grant Howell claims that the firm’s billings have jumped an estimated £5m during the first half of 2005/06 to reach £25m, up from an estimated £20m this time last year. Howell claims the increase […]
Lovells has hired former White & Case senior associate Suren Gortsunyan as a partner in the firm’s Moscow office. Gortsunyan is a corporate lawyer specialising in M&A and equity capital markets work, who also provides transactional advice on the emerging Russian private equity sector. Gortsunyan, a Russian qualified lawyer, had also spent time at Herbert […]
Fried Frank Harris Shriver & Jacobson is going head-to-head with the Paris elite as it launches an association with bankruptcy litigation boutique Lantourne. The US firm’s Paris office has entered into a formal agreement with the 16-lawyer Lantourne, with a view to a merger in about a year when the necessary regulatory hurdles have been […]
Paul Hastings Janofsky & Walker has appointed former Milbank Tweed Hadley & McCloy of counsel Kathryn Brown as a partner in its London office. Brown is a private equity specialist who regularly advises investment banks and private equity houses on leveraged buyouts and cross-border transactions throughout Europe. Paul Hastings corporate department chair Robert Miller said […]