ABS News and Analysis

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.

money

Irwin Mitchell appoints brokers ahead of possible 2015 IPO

21-Jan-2015 | By Hannah Gannagé-Stewart

Irwin Mitchell may float as early as this year, according to documents revealing the firm had appointed brokers in relation to an initial public offering (IPO) by October last year.

digital world internet

US online provider LegalZoom set to storm the UK with ABS licence

8-Jan-2015 | By Hannah Gannagé-Stewart

US online legal provider LegalZoom has gained UK regulatory approval having been licensed as an alternative business structure (ABS) by the Solicitors’ Regulation Authority (SRA).

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Bucks ABS expected to generate £400,000 profit for local authority over five years

17-Dec-2014 | By Kate Beioley

Buckinghamshire County Council has tasked its new alternative business structure (ABS) with generating profits of £400,000 over the next five years.

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Stories of the year: March

10-Dec-2014 | By Hannah Gannagé-Stewart

March set up some of the defining stories of 2014, with Addleshaw Goddard kicking of its early election, and PwC and DWF declaring top 20 aspirations in their respective markets.

Tim Roberts, Parabis

Parabis backer Duke Street injects £13m cash into firm

5-Dec-2014 | By Hannah Gannagé-Stewart

Private equity backed Parabis Group has received a further £13m cash injection from its investor Duke Street.

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EY joins accountants' rush into legal market

1-Dec-2014 | By Hannah Gannagé-Stewart

Accountancy and consulting giant EY is the third of the big four accountants to enter the regulated legal market after being granting an ABS licence by the Solicitors Regulation Authority (SRA). 

manchester

Former Pannone FD Anthony Clare fined by FCA

7-Nov-2014 | By Hannah Gannagé-Stewart

Legacy Pannone financial director Anthony Clare has been fined £208,600 by the Financial Conduct Authority (FCA) following an investigation into mis-selling at insurer Swinton.

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Irwin Mitchell acquires Mayfair-based Berkeley Law

6-Nov-2014 | By Hannah Gannagé-Stewart

Irwin Mitchell has acquired Mayfair based private wealth specialists Berkeley Law in a bid to gain ground in London.

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Kennedys chief executive Guy Stobart steps down

4-Nov-2014 | By Hannah Gannagé-Stewart

Kennedys chief executive officer Guy Stobart is to stand down from his role at the end of this year after five years in the role.

Nick Thomas Kennedys

Kennedys becomes latest top 50 firm to gain ABS licence

3-Nov-2014 | By Hannah Gannagé-Stewart

Kennedys is the latest top 50 firm to become an alternative business structure (ABS) after being awarded a licence this weekend.

money

Keystone Law sells £3.15m stake to private equity house

23-Oct-2014 | By Hannah Gannagé-Stewart

Dispersed firm Keystone Law has received a £3.15m cash injection from private equity house Root Capital in return for a 35 per cent stake in the firm’s shares.

Croydon

Parabis cuts 24 claimant fee earner roles in Croydon

22-Oct-2014 | By Hannah Gannagé-Stewart

Parabis has cut 24 fee earner roles from its Croydon-based claimant firm Cogent Law.

Tim Roberts, Parabis

Parabis's Tim Roberts: "We're still lawyers really"

17-Oct-2014 | By Hannah Gannagé-Stewart

Until recently Tim Roberts resided very much in the shadows at Parabis, quietly masterminding the systems and processes that have created the volume powerhouse that the firm is today.

Manchester

Addleshaws installs regional office heads as former Manchester chief quits for PwC

16-Oct-2014 | By Hannah Gannagé-Stewart

Addleshaw Goddard has appointed Tim Wheldon and Malcolm Pike as office heads in Leeds and Manchester respectively in the firm’s latest management change.

Editor's Note

Matt Byrne

Hot 100 reveals management excellence

29-Jan-2015 | By Matt Byrne

If you were still looking for a way to get your year started properly yesterday then you could have done a lot worse than attend the party to launch the Hot 100 2015. A stellar turnout saw a jamboree of lawyers from every corner of the legal market rub shoulders over a glass or two at a jam-packed Royal Exchange.

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DLA Piper International revenue and headcount fell in 2013/14, accounts show

30-Jan-2015 | By Joanne Harris

DLA Piper International - the firm’s operations outside the US - saw a 2 per cent drop in revenue in 2013/14, the firm’s LLP accounts have shown.

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And then there were two: Collins and Mayhew to contest BLP managing partner election

29-Jan-2015 | By Hannah Gannagé-Stewart

Berwin Leighton Paisner (BLP) head of corporate David Collins and head of employment Lisa Mayhew will go head-to-head on Tuesday (3 February), when partners vote in the firm’s first contested managing partner election for 16 years.

Freshfields

Freshfields to pay £1bn to retired partners over next 50 years

28-Jan-2015 | By Margaret Taylor

The amount that Freshfields Bruckhaus Deringer expects to pay to fund current partners’ pensions fell in the 2013/14 financial year, despite the firm’s total future commitment to retired partners continuing to hover around the £1bn mark.

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India's largest firm Amarchand splits as brothers battle over equity stake

27-Jan-2015 | By Margaret Taylor

When Indian firm Amarchand Mangaldas Suresh A Shroff & Co splits in two on 1 April this year it will bring an end to the history of one of India’s oldest and best-known law firms.

Clifford Chance

Clifford Chance moots superpoints for star partners as part of lockstep overhaul

26-Jan-2015 | By Hannah Gannagé-Stewart

Clifford Chance has kicked off a review of its lockstep, which could see changes made as early as the beginning of the next financial year. 

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Midlands-based lawyers in line for 10 per cent pay rise as legal jobs increase

26-Jan-2015 | By Tabby Kinder

Lawyers in the Midlands will see a salary increase of around 10 per cent in 2015, thanks to a growing number of firms setting up offices in the region.

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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

digital world internet

Demystifying e-discovery: the art of the possible

11-Nov-2014

Given the growth in the amount of data businesses create and store, it’s a good point in time to determine how companies and law firms are working with eDiscovery and computer forensics.

Cat Griffiths index

The choices facing Ashurst and Olswang

3-Nov-2014 | By Catrin Griffiths

The Americanisation of UK law is coming - so what are firms doing about it?

Panel reviews

Panel reviews 2014: The chosen ones download

15-Sep-2014 | By Natasha Bernal

Which firms are cutting it in this era of slimline rosters, and who are the GC new brooms making clean sweeps? The Lawyer can reveal all

draw

Building the perfect firm

1-Sep-2014 | By The Lawyer editorial staff

We gave managing partners an imaginary wrecking ball, permission to set aside the past and a wishlist of constituent parts and asked them to build from the ground up a law firm fit for 21st century demands. Here’s the result…

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