ABS News and Analysis
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).
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.
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.
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.
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.
Slater & Gordon is in negotiations to buy an operating division of Aim-listed legal services provider Quindell, understood to be its legal services arm.
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.
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).
Legal market innovations in legal services, process and delivery, they just keep on coming. If you don’t believe us then you need to read this week’s special report on knowledge management, which details the strides made by firms such as Pinsent Masons, Berwin Leighton Paisner, Baker & McKenzie and Allen & Overy.
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.
The Lawyer will put the seismic changes currently ongoing in the legal market firmly in the spotlight later this year with the launch of a two-day summit and associated awards.
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
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
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.