Simmons & Simmons’ has published its LLP accounts for 2012/13, revealing that it substantially tightened up its financial management over the course of the year.
Reading firm Boyes Turner has published its first full set of LLP accounts, reporting turnover of £21.7m for the 18 months to 31 March 2013.
Trowers & Hamlins has seen £10m wiped from its operating profit over the last twelve months and the firm took out a £3m overdraft facility, its LLP accounts for 2012/13 reveal.
Bond Pearce’s final year before its merger with Dickinson Dees saw turnover rise to £51.8m - £1.5m more than first reported, newly-released LLP accounts have shown.
Turnover inched up at Nabarros by 0.3 per cent for the first half of 2012-13 financial year, taking it to £52.5m and marking a drop in half-year growth.
Taylor Wessing has reported double-digit growth in its UK revenue with a 10 per cent rise for the first half of 2012/13.
Bird & Bird has projected revenue growth of five per cent for the first six months of the current financial year.
Herbert Smith Freehills’ (HSF) partners are set to green light an aligned remuneration system by the end of December, ending months of discussions over a combined structure.
Last week I had the chance to peek into the multifarious world of facilities management, an often over-looked but increasingly vital segment of the legal market. Property can be a deal maker or breaker when it comes to mergers – just ask Cobbetts. It can also tip the scales one way or another when it comes to a firm’s chances of staving off the administrators. Or, at a slightly more prosaic level, the people running FM can also have a hefty influence on the smooth and happy running ...
Hogan Lovells’ David Harris on why the firm’s lack of growth is no terrible thing.
Early results show strong influence of mergers on the pecking order of the UK’s top firms
More than 5 per cent of firms are facing forced closure by the SRA after failing to find insurance cover, risk experts claim, amid fears that practising certificate fees could jump to deal with rising intervention costs.
Irish firm Mason Hayes & Curran has elected litigator Declan Black as its new managing partner, replacing Emer Gilvarry.
Hogan Lovells is gearing up for a change of leadership as co-CEOs Warren Gorrell and David Harris prepare to step down next June and the firm abolishes its dual-headed management structure.
Legacy Herbert Smith partners will abandon the firms rigid eight-year lockstep in favour of a merit-based pay system following the October 2012 merger with legacy Freehills, the firm said this morning.
CMS Cameron McKenna’s partnership has elected Penelope Warne as its next senior partner, replacing the firm’s former managing partner Dick Tyler.