The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Allen & Overy's (A&O) multimillion-pound Spitalfields headquarters is under threat from the controversial CrossRail project.
The magic circle firm is among several hundred petitioners who are in ongoing discussions with the Secretary of State for Transport regarding the CrossRail bill.
The firm does not object to the proposed railway, but in its petition A&O says that although the railway will pass its new building below ground level, it was concerned about the powers contained in the bill that allows CrossRail to acquire part of the basement. A&O plans to use the basement for an auditorium, client meeting rooms and a car park.
An A&O spokesman said: "We continue to work with CrossRail with this and don't anticipate any of the building will be affected by the project."
A&O is expected to move into its new buiding at 1-10 Bishops Square in the autumn. The firm is planning to sublet up to one-third of the building, but has not yet secured sub-tenants.
The firm's limited-liability partnership accounts say it had set aside £42m to fund the building's fitout and has entered into separate banking facilities of up to £50m to finance the rest of the move.