Money dollars

DLA Piper’s revenue stalls at $2.48bn in 2014 as profits hit record high

5-Mar-2015 11:45 am | By Natalie Stanton

DLA Piper’s global revenue held steady at $2.48bn (£1.626bn) last year, following a 1.7 per cent growth during the 2013 calendar year.

trainees

“This will lead to paranoia among firms and automaton junior lawyers”: Profession responds angrily to SRA's plan to scrap trainee code

5-Mar-2015 7:00 am | By Becky Waller-Davies

The legal profession has reacted with anger at the SRA’s plans to withdraw from the Graduate Recruitment Code.

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Train

Clifford Chance, CMS and Freshfields take key roles as Government sells Eurostar stake

5-Mar-2015 2:11 pm | By Natalie Stanton

Firms including Clifford Chance, CMS Cameron McKenna and Freshfields Bruckhaus Deringer have stepped up to advise on the sale of the Government’s stake in Eurostar.

Money

Weil’s UK revenue hits $125m as global PEP soars by 16 per cent

5-Mar-2015 12:47 pm | By Natalie Stanton

Weil Gotshal & Manges’ UK revenue grew by 9.6 per cent in 2014, from $114m to $125m (£82m).

Europe

European moves: 5 March 2015

5-Mar-2015 12:29 pm | By Joanne Harris

All the latest partner hires and other appointments within Continental European firms and offices.

Paris

Franklin adds four-strong Paris competition team from Bird & Bird

5-Mar-2015 12:06 pm | By Joanne Harris

French firm Franklin has hired a partner from Bird & Bird’s Paris office to develop a new competition and distribution practice.

New York

Debevoise grows PEP by 3.4 per cent to $2.38m as revenue hits $710.3m in 2014 financials

5-Mar-2015 11:38 am | By Natasha Bernal

Debevoise & Plimpton has posted a 3.2 per cent revenue increase in $710.3m (£466m) in its year-end financial results, as average profit per equity partner rose 3.4 per cent from $2.3m to $2.38m in 2014.

Nabarro

Nabarro hits 100% retention

5-Mar-2015 6:57 am | Updated: 5-Mar-2015 10:37 am | By Richard Simmons

Nabarro has kept on all ten of its spring 2015 qualifying trainees.

Court

Gibson Dunn partner admits "serious misjudgment" in handling of Djibouti case

5-Mar-2015 0:03 am | By Joanne Harris

Gibson Dunn & Crutcher partner Peter Gray has admitted making a number of mistakes and getting litigation strategy “spectacularly wrong” under cross-examination in the High Court.

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Moscow

Boutique boom continues as Freshfields litigators quit Moscow office to go it alone

5-Mar-2015 0:02 am | By Joanne Harris

Freshfields Bruckhaus Deringer litigation counsel Maxim Kulkov has left the firm along with a team of lawyers to set up a Moscow-based dispute resolution boutique.

corut

Fried Frank comes off 'Putin's banker' case as Russian oligarch represents himself

4-Mar-2015 4:26 pm | By Joanne Harris

Russian oligarch Sergei Pugachev has cut ties with his lawyers Fried Frank Harris Shriver & Jacobson and will now represent himself in an ongoing battle over the liquidation of the bank he ran, Mezhprombank.

madrid spain

Cuatrecasas sees revenue rise 3 per cent to break through €250m

4-Mar-2015 4:13 pm | By Joanne Harris

Iberian firm Cuatrecasas Gonçalves Pereira has reported a 3 per cent rise in turnover for the 2014 financial year, with revenues increasing from €248m to €255.4m (£185.5m).

recruitment

Breaking: SRA may scrap trainee rules, allowing recruitment at any age

4-Mar-2015 3:09 pm | By Becky Waller-Davies

The Solicitors Regulation Authority (SRA) is considering withdrawing from the Graduate Recruitment Code, as governed by the Association of Graduate Careers Advisory Services (AGCAS).

Money

Reed Smith year-end financials show 7 per cent revenue boost to $1.15bn

4-Mar-2015 12:30 pm | By Natasha Bernal

Reed Smith has posted a 7 per cent boost in its year-end financial results, growing from $1.075bn to $1.15bn (£746m) in 2014.

Europe

UK defeats Cleary Gottlieb client ECB in European ruling over clearing houses

4-Mar-2015 11:25 am | By Joanne Harris

The UK Government has won a landmark victory at the European General Court in a battle with Cleary Gottlieb Steen & Hamilton client, the European Central Bank (ECB), over the location of central clearing houses for euro-denominated trades.

Read more latest news

Editor's Picks

Catrin Griffiths

Rental arithmetic

The efficient use of a firm’s real estate is fast becoming one of the most pertinent issues as the market gets to grips with rapidly changing working environments. What is certain is that for the majority of firms property is still one of their biggest costs. Which is why for the past three years The Lawyer, exclusively, has been collecting attributed real estate data as part of the research for the annual UK 200 report. As our in-depth analysis reveals, despite a growing momentum ...

Global Law Summit

Richard Susskind

Global Law Summit: Susskind & Co on the future of the law

26-Feb-2015 | By Matt Byrne

Richard Susskind revealed his view of the future at the Global Law Summit this week. For many, it’s not pretty.

More from Global Law Summit

Mark Brandon

Brandon: Ethical implications and the rule of law

2-Mar-2015 | By Mark Brandon

The law may traditionally be blind, but today’s firms should carefully consider their ethical stance when choosing which companies to act for.

London

"It takes time to convince people to leave their comfort zone": Jim Learner talks Kirkland's big name hires

27-Feb-2015 | By Natalie Stanton

When Kirkland & Ellis’ London head Graham White quit the firm last October to join Fried Frank Harris Shriver & Jacobson, there were a few names in the frame to succeed him.

trainees

The view from 2B: Why BLP's retention manoeuvres matter

26-Feb-2015 | By Richard Simmons

So Berwin Leighton Paisner has been caught massaging its retention stats. Is it really such a big deal?

The Lawyer Eats

food

St John, Farringdon

Nicky Richmond looks for comfort food - and finds it - at Farringdon restaurant St John

More from The Lawyer Eats

Portugal index

Special report: Portugal – Less pain, more gain

5-Mar-2015 | By Natasha Bernal

Early repayment of its bailout and solid M&A interest from foreign investors have brought optimism to Portugal’s lawyers.

real estate

Rental arithmetic: how the UK's top firms are managing their property

2-Mar-2015 | By Hannah Gannagé-Stewart

Despite a growing momentum in favour of alternative and ‘agile’ working models, many firms are still struggling to find a way to fit their working practices around reducing their property costs.

Comments (2)

Read more market analysis

Money

Weil’s UK revenue hits $125m as global PEP soars by 16 per cent

5-Mar-2015 | By Natalie Stanton

Weil Gotshal & Manges’ UK revenue grew by 9.6 per cent in 2014, from $114m to $125m (£82m).

Money dollars

DLA Piper’s revenue stalls at $2.48bn in 2014 as profits hit record high

5-Mar-2015 | By Natalie Stanton

DLA Piper’s global revenue held steady at $2.48bn (£1.626bn) last year, following a 1.7 per cent growth during the 2013 calendar year.

Read more Financial news

Read more opinion

Craig Stoehr

The in-house interview: Thomas Cook’s Craig Stoehr

27-Feb-2015 | By Natasha Bernal

Leisure is hard work in the internet era, especially for Thomas Cook GC Craig Stoehr, who is helping to reinvent the traditional tour operator

Royal Mail team

Royal Mail: How to deliver change

23-Feb-2015 | By Catrin Griffiths

A £3bn privatisation, a £12bn pensions hole, a hostile trade union and a panel shake-up– the past few years have been full of ups and downs for Royal Mail GC Neil Harnby and his team.

Mark Amsden

The in-house interview: Morrisons GC Mark Amsden

16-Feb-2015 | By Kate Beioley

From calls to the FBI over a cyber security issue to launching the retailer’s first loyalty card, former rugby reporter Mark Amsden has a lot on his plate as Morrisons’ general counsel.

Read more interviews

Money

Weil’s UK revenue hits $125m as global PEP soars by 16 per cent

Weil Gotshal & Manges’ UK revenue grew by 9.6 per cent in 2014, from $114m to $125m (£82m).

Europe

European moves: 5 March 2015

All the latest partner hires and other appointments within Continental European firms and offices.

Read more Global News

Portugal index

Special report: Portugal – Less pain, more gain

Early repayment of its bailout and solid M&A interest from foreign investors have brought optimism to Portugal’s lawyers.

Goal posts

Competition: what lawyers really think about changes to the UK's regulatory regime

UK competition lawyers have a new regulator and new rules to follow when handling mergers. Is it ‘business as usual’ as the old OFT and CC promised?

Read more Global Analysis

23 Feb 2015

Top 10 stories: 20-26 February

3-Mar-2015

The irrepressible Mayor of London, Boris Johnson, headlined the Global Law Summit (GLS) last week and proved as popular with readers as he did with delegates.

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