Last week I had the chance to peek into the multifarious world of facilities management, an often over-looked but increasingly vital segment of the legal market. Property can be a deal maker or breaker when it comes to mergers – just ask Cobbetts. It can also tip the scales one way or another when it comes to a firm’s chances of staving off the administrators. Or, at a slightly more prosaic level, the people running FM can also have a hefty influence on the smooth and happy running ...
Hogan Lovells is gearing up for a change of leadership as co-CEOs Warren Gorrell and David Harris prepare to step down next June and the firm abolishes its dual-headed management structure.
Legacy Herbert Smith partners will abandon the firms rigid eight-year lockstep in favour of a merit-based pay system following the October 2012 merger with legacy Freehills, the firm said this morning.
CMS Cameron McKenna’s partnership has elected Penelope Warne as its next senior partner, replacing the firm’s former managing partner Dick Tyler.
Trowers & Hamlins has seen £10m wiped from its operating profit over the last twelve months and the firm took out a £3m overdraft facility, its LLP accounts for 2012/13 reveal.
Bond Pearce’s final year before its merger with Dickinson Dees saw turnover rise to £51.8m - £1.5m more than first reported, newly-released LLP accounts have shown.
Turnover inched up at Nabarros by 0.3 per cent for the first half of 2012-13 financial year, taking it to £52.5m and marking a drop in half-year growth.
Taylor Wessing has reported double-digit growth in its UK revenue with a 10 per cent rise for the first half of 2012/13.
Bird & Bird has projected revenue growth of five per cent for the first six months of the current financial year.
Wragge & Co senior partner Quentin Poole has always considered Lawrence Graham (LG) an undervalued stock
While law firm financials may be on a sounder footing, management problems abound.
Our revenue per lawyer figures show that there’s high-value work in niche firms, but are this metric’s days numbered?
Leadership, organisation and funding in a fast-changing market were the themes of our recent law firm management event
Kennedys and Scottish firm Simpson & Marwick have called off their planned merger, citing “complex reasons”.
Wragge & Co and Lawrence Graham (LG) are to finally merge after partners voted in the move on Monday, creating a £170m firm under the name Wragge Lawrence Graham & Co.
Personal injury arm breaks from corporate to join Australian mega-firm
ABS News and Analysis
Slater & Gordon has confirmed to the Australian Securities Exchange (ASX) that a sale agreement for £33m has been made with Pannone.
Yorkshire-based ABS Minster Law is to launch a London office of 30 people in the City.
Former Harbotte & Lewis managing partner Lawrence Abramson has left Fladgate to join Keystone Law.
Louise Field has been head of client service and insight at Bird & Bird since 2009. She has previously worked for Ernst & Young and RBS.
Stephen Smith joined Hailsham Chambers in 1975 and was made senior clerk in 1982.
Competition Commission audit reforms — not as strict as first anticipated download subscription
The Competition Commission has been concerned about the lack of competition in the audit market for some time.
InCredit — December 2013: and also... download subscription
Addleshaw Goddard has released the December 2013 edition of InCredit. This section focuses on speeches, the BBA event and more.
Deloitte granted partial permission to appeal MG Rover tribunal decision download subscription
The FRC announced that it has granted Deloitte partial permission to appeal the decision of the independent Disciplinary Tribunal relating MG Rover Group (the tribunal).
InCredit — December 2013: current accounts download subscription
Addleshaw Goddard has released the December 2013 edition of InCredit. This section focuses on current accounts.
Can a contract be made in two different jurisdictions? Yes, says the High Court download subscription
The court has confirmed that, where the negotiations are complex, a contract can be made in two jurisdictions.