The creditors of liquidated firm Manches are seeking legal advice to bring a judicial review of the Solicitors Regulation Authority’s (SRA) handling of the liquidation after being left with a £4.2m shortfall in tax receipts.
King & Wood Mallesons (KWM) has reviewed its UK partnership with up to 15 partners to depart the firm with immediate effect.
Hogan Lovells executive manager Neil May has been appointed chief executive of common law set 42 Bedford Row following a unanimous vote by the chambers’ executive board.
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.
Jenner & Block managing partner Terrence Truax has revealed that the firm is in discussions with lateral hire candidates in the UK ahead of its launch in the City this spring.
Chicago-headquartered Jenner & Block has announced it is to launch a London office later this year, becoming the latest in a growing number of US firms to establish a City base.
Herbert Smith Freehills (HSF) and Slaughter and May have both expanded and re-launched their flexible working schemes targeting fee-earners in their London offices.
Litigation finance company Burford Capital has reported a 35 per cent increase in income for 2014, to $82m up from $60.7m.
Eversheds has appointed head of litigation Ian Gray to the newly-created role of international managing partner to boost its strategic development outside the UK.
Axiom seems to be on a roll, with UK turnover hitting £30m. But will it be enough?
Collapses among big Scottish law firms had more to do with management failings and the partnership system than big bank-mania and ‘Scottishness’.
Hit hard by the 2008 crisis, Austria’s businesses and law firms have found a variety of ways to adapt to the changed environment.
This year’s International Top 30 reveals a market in excellent health. As this executive summary of the report shows, taking just revenues alone, these firms’ finances have gone through the roof.
Merger activity over the past three years shows a trend for consolidation, but UK 200 data shows not all tie-ups create a better balance sheet.
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.