ABS News and Analysis
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.
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.
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).
Plexus Law has launched its second large scale redundancy consultation in under a year, which is expected to affect the jobs of 80 legal secretaries and support staff and see up to 10 lawyers leaving the firm in May.
Schillings has converted to a LLP and will be registered as Schillings International LLP with effect from 1 May 2015.
The barristers’ regulator, the Bar Standards Board (BSB), has revealed the names of the 15 new businesses that have been authorised as entities.
Parabis has announced a number of changes to its board, including the appointment of chief operating office (COO) Jason Powell as group chief executive.
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).
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-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).
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 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.
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.
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 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).
There is now just over a week to go until the entry period for this year’s Business Leadership awards closes. We have had a phenomenal response, with already more entries across a broader range of legal services providers than ever before.
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.
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.
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.
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 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.
39 Essex Street Chambers has dropped the ‘street’ from its name ahead of its move to 81 Chancery Lane in September.
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 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.
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.
Blackstone Chambers is looking to recruit junior tenants this year after losing a number of its mid-level commercial barristers.
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.
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