ABS News and Analysis

Barristers

BSB reveals names of 15 new approved barrister-led "entities", including one QC Ltd

29-Apr-2015 | By Tabby Kinder

The barristers’ regulator, the Bar Standards Board (BSB), has revealed the names of the 15 new businesses that have been authorised as entities.

London

Parabis appoints COO Powell as CEO in board level reshuffle

28-Apr-2015 | By Jonathon Manning

Parabis has announced a number of changes to its board, including the appointment of chief operating office (COO) Jason Powell as group chief executive.

Bambos Georgiou Mishcon

Mishcon appoints first non-lawyer to partnership in wake of ABS licence

16-Apr-2015 | By Tabby Kinder

Mishcon de Reya has promoted the first non-lawyer to its partnership, chief operating officer (COO) Bambos Georgiou, two months after its ABS licence was approved by the Solicitors’ Regulation Authority (SRA).

London

Cahill Gordon & Reindel hires first UK-qualified partner and gains ABS licence

10-Apr-2015 | By Natasha Bernal

Cahill Gordon & Reindel has hired Shearman & Sterling partner Richard Kelly to build its London litigation practice, as the firm becomes the first US outfit to be licensed by the Solicitors’ Regulation Authority (SRA) as an ABS.

Co-op

Co-op Legal Services revenue drops by a third to £23m in 2014 following regulatory changes

9-Apr-2015 | By Natasha Bernal

Co-operative Group Legal Services (CLS) revenue has dropped by a third from £32m to £23m due to “regulatory changes”, according to the group’s annual results released today (9 April).

Cambridge

Cambridgeshire and Northants councils launch LGSS Law through ABS licence

1-Apr-2015 | By Natasha Bernal

Cambridgeshire and Northamptonshire county councils have launched an ABS, known as LGSS Law, today (1 April 2015) after gaining a licence from the Solicitors’ Regulation Authority (SRA).

slater gordon advertisement

Slater & Gordon set to hand over £700m for Quindell professional services arm

30-Mar-2015 | By Tabby Kinder

Slater & Gordon is poised to buy insurance outsourcer Quindell’s professional services arm for around £700m overnight on Monday (30 March) before the exclusivity period on its acquisition right expires.

Hugh Peart

Harrow legal head adds Bucks job to remit as public sector consolidation continues

25-Mar-2015 | By Tabby Kinder

HB Public Law founder and head of legal for Harrow, Hugh Peart, has taken on an additional role as head of legal for Buckinghamshire County Council, effective from 1 April.

Lloyd's of London

Parabis expands insurer relationships with RSA ABS partnership

13-Mar-2015 | By Richard Simmons

Insurance giant RSA has launched an alternative business structure (ABS) to take its first steps into the legal market, teaming up with Parabis to obtain a licence.

mishcon_317 home

Mishcon joins growing number of top 50 firms with ABS licence

27-Feb-2015 | By Joanne Harris

Mishcon de Reya has become the latest top 50 firm to gain an ABS licence, some six months after lodging its application with the Solicitors’ Regulation Authority (SRA).

London

Quindell extends exclusivity period for Slater & Gordon takeover bid

23-Feb-2015 | By Hannah Gannagé-Stewart

Aim-listed ABS Quindell has extended the exclusivity period relating to Slater & Gordon’s potential acquisition of its professional services division to 31 March 2015.

sussex poppies england

Eastbourne and Lewes Councils appoint Pinsents local government head to lead combined team

16-Feb-2015 | By Hannah Gannagé-Stewart

Eastbourne and Lewes Councils have appointed Pinsent Masons’ head of local government Celia Cullen to help establish a combined in-house team for the two Sussex councils.

money

Irwin Mitchell cuts net debt by 95 per cent in first full year as ABS

11-Feb-2015 | By Hannah Gannagé-Stewart

Irwin Mitchell saw net debt fall 94.7 per cent from £13.5m to £713,000 at the end of the latest financial year, according to the firm’s 2013/14 Companies House accounts filing.

Cardiff

Slater & Gordon secures Welsh bolt-ons as UK half-year revenue soars to £60m

10-Feb-2015 | By Joanne Harris

Slater & Gordon has confirmed it is merging with Welsh firms Leo Abse & Cohen and Walker Smith Way in the latest in a string of acquisitions.

London

Slater & Gordon in talks to acquire Quindell operating division

23-Jan-2015 | By Natalie Stanton

Slater & Gordon is in negotiations to buy an operating division of Aim-listed legal services provider Quindell, understood to be its legal services arm.

Editor's Note

Business Leadership awards judging panel unveiled

23-Apr-2015

The Lawyer’s first ever judging panel for the Business Leadership awards consisting exclusively of senior in-house lawyers has been unveiled today

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Management News

barrister bar bptc

Hogan Lovells executive manager May joins 42 Bedford Row chambers as CEO

24-Apr-2015 | By Tabby Kinder

Hogan Lovells executive manager Neil May has been appointed chief executive of common law set 42 Bedford Row following a unanimous vote by the chambers’ executive board.

cape of good hope, south africa

Webber Wentzel's Sally Hutton: We want to be the dominant South African law firm

27-Mar-2015 | By Joanne Harris

The Lawyer’s Africa Elite report is published on Monday (30 March). Ahead of that the first-ever managing partner of Webber Wentzel, one of South Africa’s oldest and largest firms, unveils her plans for the future.

Neville Eisenberg top story

BLP's outgoing managing partner Eisenberg wins senior partner role

26-Mar-2015 | By Natasha Bernal

Berwin Leighton Paisner managing partner Neville Eisenberg has been appointed in an uncontested election to a four-year term as the firm’s senior partner, effective from 1 May.

noerr

Noerr continues run of growth with 7 per cent turnover rise in 2014 to €197.2m

26-Mar-2015 | By Joanne Harris

German firm Noerr has announced another strong year with turnover rising by 7 per cent to €197.2m (£145.2m) for 2014, up from €184.5m the previous year.

Taylor Wessing4 317

Taylor Wessing opts for all-equity partnership in the UK following restructuring review

26-Mar-2015 | By Natasha Bernal

Taylor Wessing has opted for an all-equity partnership in the UK following a review of its merit-based equity structure, while maintaining a two-tier system outside of the country.

Alison Foster QC

39 Essex drops 'street' from brand ahead of office move and appoints first female head of chambers

26-Mar-2015 | By Tabby Kinder

39 Essex Street Chambers has dropped the ‘street’ from its name ahead of its move to 81 Chancery Lane in September.

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Management Analysis

Merger mania

Mergers: bigger is not always better

27-Apr-2015 | By Natalie Stanton

Merger activity over the past three years shows a trend for consolidation, but UK 200 data shows not all tie-ups create a better balance sheet.

Hot 100 logo

Hot 100: management roundtable – Who dares, wins

13-Apr-2015 | By Catrin Griffiths

The legal market is having to adjust to a rapid pace of change, but there’s all to play for if you’re willing to break the mould. A selection of this year’s Hot 100 tell us their game plan.

barrister bar bptc

Blackstone hunts for juniors to plug gaps as elite bar talent war rages

17-Mar-2015 | By Tabby Kinder

Blackstone Chambers is looking to recruit junior tenants this year after losing a number of its mid-level commercial barristers.

Gen Y

Recruiting Generation Y

2-Feb-2015 | By Richard Simmons, Becky Waller-Davies

Generation Y law students have distinct career priorities and progressive values. They aren’t seduced by traditional recruitment campaigns, which has prompted a flurry of firm branding overhauls – with varying success.

IndexImage

From In-House Counsel to Business Partner Conference: What the speakers said

12-Jan-2015 | By Natasha Bernal

How should GCs manage risk, gain commercial nous and say ‘no’ the right way? Lawyers converged at the inaugural In-house Counsel to Business Partner conference to find out Headline Sponsor of The Lawyer Conference, From In House Counsel to Business Partner

managing partners

I'm a managing partner… get me out of here

17-Nov-2014 | By Matt Byrne

Lonely, a career cul-de-sac, the figurative punch bag, master and yet servant – just some of the ways the managing partner role can be hell. Still interested in doing it? Read on

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