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.
Ashurst has recorded a half-year turnover of £298m for the firm, compared to £281.7m for the same period last year.
Berwin Leighton Paisner (BLP) has announced a 6 per cent increase in revenue for the first six months of the 2013/14 financial year.
Profits due to the highest-paid partner at Dundas & Wilson fell last year by 39 per cent, the firm’s LLP accounts have revealed.
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
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.
Partner rates at US firms in London have spiralled 87.5 per cent since 2009 with top-end hourly rates hitting £700 per hour, according to new research.
Osborne Clarke partners have elected Andrew Saul as the firm’s new senior partner, taking over from Tim Birt who has held the position since 2006.
Partner rates at magic circle firms have spiralled 62 per cent since 2005 with work-hungry top guns charging up to £850 per hour, according to new research.