ABS News and Analysis

money

KPMG legal beats £10m revenue target in first year

4-Sep-2015 | By Katy Dowell

Revenues generated by KPMG’s legal business are set to exceed the £10m target it set last October when it was granted an ABS licence.

money

Fairpoint sees turnover rise 64 per cent at half year

3-Sep-2015 | By Jonathon Manning

The Fairpoint Group has seen its turnover rise 64 per cent for the first six months of the current financial year, largely due to its acquisition of Simpson Millar and Foster & Partners last year.

PwC Pricewaterhouse Coopers

Revenue growth gathers pace at PwC Legal as turnover hits £41m

3-Sep-2015 | By Katy Dowell

PwC Legal, PricewaterhouseCoopers’ law firm, has pushed up revenue by 15 per cent in the last year with turnover of £41m for the financial year ending 30 June 2015.

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Slater & Gordon’s UK revenue up 48 per cent as global turnover hits £243m

28-Aug-2015 | By Jonathon Manning

Slater & Gordon has announced that group revenue has soared 27 per cent from A$411.1m to A$521.9m (£242.9m) for the 2014/15 financial year.

spine

Aspire Law and Buckingham hospital provide rehab to clients

27-Aug-2015 | By Jonathon Manning

ABS Aspire Law has entered into a joint venture agreement with the Royal Buckinghamshire Hospital to create a service where clients with severe spinal injuries can receive rehabilitation treatment.

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Keoghs in discussions over Plexus tie-up

25-Aug-2015 | By Jonathon Manning

Keoghs Solicitors is rumoured to be in talks to acquire defendant insurance firm Plexus Law in a deal which would create a £145m turnover firm.

money

Irwin Mitchell earmarks further acquisitions as profit and turnover rise

19-Aug-2015 | By Joanne Harris

Irwin Mitchell has announced a 3.9 per cent rise in turnover for 2014/15 along with a 6 per cent increase in profit before tax in the wake of another acquisitive year.

slater gordon advertisement

Slater & Gordon under scrutiny as SFO investigates Quindell

7-Aug-2015 | By Katy Dowell

It has been one of the largest acquisitions made by a firm to date, but this week Slater & Gordon (S&G) sought to put some distance between it and the historical accounting practices of Quindell as the latter came under investigation from the Serious Fraud Office (SFO).

london

Keystone Law picks up 20 lawyers from Pinsent Masons, Hogan Lovells and Foot Anstey

24-Jul-2015 | By Tabby Kinder

Dispersed firm Keystone Law has made 20 lateral partner and senior lawyer hires in recent months, including a team from Hogan Lovells and former practice heads from firms including Pinsent Masons and Sheridans.

london

Bates Wells Braithwaite sees 12 per cent jump in revenue to £20m for 2014/15

20-Jul-2015 | By Natasha Bernal

City firm Bates Wells Braithwaite (BWB) has posted a 12 per cent increase in turnover from £18.26m to £20.38m in the 2014/15 financial year.

derby

Knights to open office in Derby after doubling turnover to £20m in 2014/15

25-Jun-2015 | By Natasha Bernal

Private-equity backed firm Knights is set to open a Derby office in August following the doubling of its turnover to a projected £20m in 2014/15.

jo index

The public sector’s not what it was – it's much better

1-Jun-2015 | By Joanne Harris

Life has been tough for the public sector in the past few years, with spending cuts hitting home.

Lloyd's of London

Foran Glennon gains SRA approval for London launch under ABS licence

27-May-2015 | By Natasha Bernal

US firm Foran Glennon Palandech Ponzi & Rudloff has received approval from the Solicitors Regulation Authority (SRA) to launch a London office operating under an ABS licence.  

Devitt

EY plans Manchester growth around former Addleshaws managing partner

22-May-2015 | By Jonathon Manning

EY has announced the appointment of two partners from Addleshaw Goddard, including former managing partner Paul Devitt, in a bid to develop a Manchester legal services offering.

exchange trading floor stocks shares AIM FTSE

Gateley seeks to entice investors and growth capital with first UK legal IPO

13-May-2015 | By Jonathon Manning

Some three years after the implementation of the Legal Services Act, Gateley has announced its intention to be the first UK law firm to launch an initial public offering (IPO).

Editor's Note

Matt Byrne

Best ever? You be the judge

20-Aug-2015 | By Matt Byrne

As next month’s Business Leadership Summit and Awards draw nearer one of the topics that will be up for debate is already stoking the fires on www.thelawyer.com’s comments board.

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Management News

london

Exclusive: KWM completes "partnership review" with equity exits imminent

9-Jul-2015 | By Tabby Kinder

King & Wood Mallesons (KWM) has reviewed its UK partnership with up to 15 partners to depart the firm with immediate effect.

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.

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Management Analysis

Sadanandan

International Top 30 Firms in London 2015: the executive summary

18-May-2015

This year’s International Top 30 reveals a market in excellent health. As this executive summary of the report shows, taking just revenues alone, these firms’ finances have gone through the roof.

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

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