Editor's Note

Matt Byrne

LLP accounts show health of the UK’s legal market

15-Jan-2015 | By Matt Byrne

Financial stability is crucial for any business and law firms are no exception. A survey released last week showed that increasing profitability remains the top concern for the majority of UK firms, despite the fact that the last financial year was a record-breaker ...

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Financial News

housing estate

Sovereign Housing Association adds four firms to 14-strong legal panel following review

27-Jan-2015 | By Tabby Kinder

Sovereign Housing Association, the largest social housing provider for the south and southwest of England, has grown its legal panel by 40 per cent, adding four firms to its roster of advisors.

scotland

Scotland’s Burness Paull increases bank balance in year after merger

23-Jan-2015 | By Margaret Taylor

Scottish firm Burness Paull strengthened its cash position by over £2m in the first full year following the merger of Burness and Paull & Williamsons, with the figure rising from £3.6m to £5.8m.

arc de triomphe paris france

France's Veil Jourde launches competition group with Winston & Strawn team

23-Jan-2015 | By Joanne Harris

French firm Veil Jourde has capped off a strong 2014 with the hire of a competition team from Winston & Strawn led by partner Emmanuel Tricot.

money

Penningtons’ debt rocketed by 129 per cent in year of Manches takeover

14-Jan-2015 | By Margaret Taylor

Penningtons more than doubled its debt in the year it took over cash-strapped Manches, with a number of its partners giving personal guarantees that the loans would be repaid.

money

LLP accounts reveal cost of controlling debt and staff for law firms

14-Jan-2015 | By Margaret Taylor

Servicing debt and dealing with staff costs including historical pension liabilities continued to preoccupy firms in the 2013/14 financial year, LLP accounts filed with Companies House have revealed.

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