Money

DLA Piper International revenue and headcount fell in 2013/14, accounts show

30-Jan-2015 | By Joanne Harris

DLA Piper International - the firm’s operations outside the US - saw a 2 per cent drop in revenue in 2013/14, the firm’s LLP accounts have shown.

Herbert Smith

HSF cuts debt by 21 per cent in first full year after merger

30-Jan-2015 | By Margaret Taylor

Herbert Smith Freehills (HSF) reduced its debt position in its first full year as a merged firm, although it still ended the 2013/14 year with borrowings of £141m.

Dundas-&-Wilson_317.jpg

CMS paid £2.3m to prepare Dundas for takeover, LLP accounts show

30-Jan-2015 | By Margaret Taylor

CMS Cameron McKenna paid £2.3m to Dundas & Wilson prior to taking the firm over, with the cash being used to cover the cost of a pre-deal restructuring.

Freshfields

Freshfields to pay £1bn to retired partners over next 50 years

28-Jan-2015 | By Margaret Taylor

The amount that Freshfields Bruckhaus Deringer expects to pay to fund current partners’ pensions fell in the 2013/14 financial year, despite the firm’s total future commitment to retired partners continuing to hover around the £1bn mark.

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.

Matt Byrne

Hot 100 reveals management excellence

29-Jan-2015 | By Matt Byrne

If you were still looking for a way to get your year started properly yesterday then you could have done a lot worse than attend the party to launch the Hot 100 2015. A stellar turnout saw a jamboree of lawyers from every corner of the legal market rub shoulders over a glass or two at a jam-packed Royal Exchange.

Financial Insight

Cat Griffiths index

Leader: UK 200 redraws the legal map

27-Oct-2014 | By Catrin Griffiths

It’s here: The Lawyer’s UK 200 is the biggest financial data exercise in the legal profession

Read more

Management News

Money

DLA Piper International revenue and headcount fell in 2013/14, accounts show

30-Jan-2015 | By Joanne Harris

DLA Piper International - the firm’s operations outside the US - saw a 2 per cent drop in revenue in 2013/14, the firm’s LLP accounts have shown.

london blp 317

And then there were two: Collins and Mayhew to contest BLP managing partner election

29-Jan-2015 | By Hannah Gannagé-Stewart

Berwin Leighton Paisner (BLP) head of corporate David Collins and head of employment Lisa Mayhew will go head-to-head on Tuesday (3 February), when partners vote in the firm’s first contested managing partner election for 16 years.

Freshfields

Freshfields to pay £1bn to retired partners over next 50 years

28-Jan-2015 | By Margaret Taylor

The amount that Freshfields Bruckhaus Deringer expects to pay to fund current partners’ pensions fell in the 2013/14 financial year, despite the firm’s total future commitment to retired partners continuing to hover around the £1bn mark.

taj mahal india

India's largest firm Amarchand splits as brothers battle over equity stake

27-Jan-2015 | By Margaret Taylor

When Indian firm Amarchand Mangaldas Suresh A Shroff & Co splits in two on 1 April this year it will bring an end to the history of one of India’s oldest and best-known law firms.

Clifford Chance

Clifford Chance moots superpoints for star partners as part of lockstep overhaul

26-Jan-2015 | By Hannah Gannagé-Stewart

Clifford Chance has kicked off a review of its lockstep, which could see changes made as early as the beginning of the next financial year. 

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