Eversheds ups its game with US merger ambitions subscription
Eversheds has the US in its sights, with chief executive Bryan Hughes confirming the firm is targeting a merger.
Eversheds partners vote to pursue US merger subscription
Eversheds partners have voted overwhelmingly in favour of pursuing a US merger, with 90 per cent getting behind the plan.
Addleshaw Goddard’s turnover for the first half of 2014/15 was up 11 per cent on the same period the previous year, rising from £82.5m to £91.8m.
Nabarro and Goodwin Procter were key advisers on the £204.3m purchase of assets including Telegraph Media Group’s London headquarters by Kennedy Wilson Europe Real Estate from Kish Holdings.
Simmons & Simmons has re-elected managing partner Jeremy Hoyland for a second four-year term that will commence on 1 May 2015.
DLA Piper is seeing mounting exits from its London litigation group with at least two partners set to flee the firm for US rivals in the coming months.
King & Wood Mallesons (KWM) has hired former Eversheds London managing partner Cornelius Medvei, along with two of the firm’s structured real estate partners.
Addleshaws distances itself from Ablyazov litigation subscription
Addleshaw Goddard has distanced itself from the long-running litigation between Kazakhstan’s JSC BTA Bank and its former chair Mukhtar Ablyazov, saying it came off the record in October.
RPC posts 16 per cent rise in turnover at half-year subscription
RPC has increased revenue by 16 per cent from £38.7m to £46m in the half-year period from 1 May to 31 October 2014.
Addleshaw Goddard’s insurance litigation head Richard Leedham is the latest partner to resign in a year characterised by high-profile exits from the firm.
Simmons adds Edwards Wildman partner in Hong Kong subscription
Simmons & Simmons has picked up Edwards Wildman Palmer insurance partner Martin Lister in Hong Kong.
Consumer debt company Cabot Credit Management has appointed RPC commercial insurance partner Charlotte Taggart as its general counsel.
Simmons & Simmons has hired Paul Bugingo, the former relationship chair of Dentons’ Africa steering commitee, as a partner in its Africa team.
Kennedys will continue to sponsor the Kop stand at Sheffield United Football Club (SUFC) despite the controversy surrounding convicted rapist Chedwyn Evans’ return to training, a spokesperson for the firm has confirmed.
DLA Piper International’s incoming chair Sir Nigel Knowles and global co-chief executive officer Simon Levine have rejigged the firm’s executive management.
Metro Bank general counsel Sally-Ann James has kicked off a review of the bank’s biennial lending and securities panel, which is set to finalise next month.
Eversheds appoints new London tax head subscription
Eversheds has appointed Berwin Leighton Paisner (BLP) real estate tax partner Cathryn Vanderspar as its new London tax head following the departure of Clive Jones.
Former Pannone FD Anthony Clare fined by FCA subscription
Legacy Pannone financial director Anthony Clare has been fined £208,600 by the Financial Conduct Authority (FCA) following an investigation into mis-selling at insurer Swinton.
Irwin Mitchell acquires Mayfair-based Berkeley Law subscription
Irwin Mitchell has acquired Mayfair based private wealth specialists Berkeley Law in a bid to gain ground in London.
Litigation boutique Stewarts Law has appointed partner David Pickstone from PricewaterhouseCoopers (PwC) Legal to head its new tax litigation group.
BLM has launched a new marine insurance team with the addition of legacy Greenwoods partner Gemma Pearce and two other fee-earners from Parabis’ defunct Bristol office.
Linklaters, Freshfields and Taylor Wessing advise on £2bn sale of United Biscuits to Yildiz Holding subscription
Linklaters, Freshfields Bruckhaus Deringer and Taylor Wessing are advising on the multi-billion pound sale of United Biscuits to Turkish trade buyer Yildiz Holding.
Pinsent Masons has kicked off its managing partner election process by putting three partners up for the role.
Pinsents moots international real estate ambitions subscription
Pinsent Masons’ blossoming overseas real estate teams reveal a hint of what direction the firm will take as a new generation of leaders arrive at the helm.
Hovis to kick off panel process next year subscription
Baking giant Hovis will seek to establish a formal panel of legal advisers next year, according to new general counsel Helen Selby.
Kennedys chief executive Guy Stobart steps down subscription
Kennedys chief executive officer Guy Stobart is to stand down from his role at the end of this year after five years in the role.
Long-serving DLA Piper partner Mike Pullen has left the firm after 16 years to join Stephenson Harwood as a competition partner.
Kennedys is the latest top 50 firm to become an alternative business structure (ABS) after being awarded a licence this weekend.
Eversheds has merged with Finnish full-service firm Juridia Bützow to form JB Eversheds.
DWF cuts 26 jobs in Liverpool subscription
DWF has made 15 secretaries, six solicitors, four paralegals, and one analyst from its fraud, intelligence and motor teams redundant following a consultation that kicked off in June.
Pinsent Masons has filed a High Court claim for £700,000 plus interest against broker client RP Martin after the company failed to stump up fees for advice relating to its Libor investigation.
Former Eversheds' London head becomes GC at Fenwick subscription
Independent department store chain Fenwick has appointed former Eversheds partner Cornelius Medvei into an advisory general counsel role.
Lloyds Banking Group appoints new retail GC subscription
Lloyds Banking Group has appointed Jennifer Neilsen as general counsel for retail following the departure of Stuart Morgan in May.
BLM, Keoghs and Simpson Marwick have been appointed to insurance broker Hastings Direct’s new slimline claims defendant panel.
The High Court has ruled that nine former Halliwells partners cannot be pursued by the firm’s liquidators for overpaid drawings and overpaid tax.
DLA Piper is to merge with Mexico City-based firm Gallastegui y Lozano (GyL) as three existing partners and their team, including DLA’s Mexico City co-managing partner, leave for Baker & McKenzie.
Stephenson Harwood has taken a lead role advising the developer of a long-awaited $2.5bn (£1.55bn) real estate and tourism development project in Oman.
Sports Direct has agreed to rewrite contracts relating to zero-hours staff as part of an out-of-court settlement in a dispute brought by Leigh Day on behalf of a former zero-hours employee.
Clyde & Co has picked up three partners from Australian firm Sparke Helmore in Brisbane to open its fourth office in the country.
Pinsent Masons managing partner David Ryan has decided not to seek re-election at the end of his current term in April 2015.
Acquisitive Hull-headquartered personal injury firm Neil Hudgell Solicitors has today acquired Rapid Solicitors to form a £20m personal injury (PI) business.
Dispersed firm Keystone Law has received a £3.15m cash injection from private equity house Root Capital in return for a 35 per cent stake in the firm’s shares.
What has made Simmons & Simmons follow in the footsteps of Eversheds, Berwin Leighton Paisner (BLP) and Pinsent Masons to launch a consultant lawyer offering?
Parabis cuts 24 claimant fee earner roles in Croydon subscription
Parabis has cut 24 fee earner roles from its Croydon-based claimant firm Cogent Law.
Kennedys overhauls career development strategy and introduces new senior associate role subscription
When Kennedys’ human resources director Caroline Wilson joined the firm almost four years ago, its qualified lawyers were distinguishable only as solicitors or partners.
Akin Gump Strauss Hauer & Feld is understood to be negotiating to take the seventh floor at 41 Lothbury having taken over Bingham McCutchen’s lease on the fifth and sixth floors with immediate effect.
The number of law firms having to take office space at rates that exceed the top of the London market has risen 7 per cent, according to new research.
Parabis's Tim Roberts: "We're still lawyers really" subscription
Until recently Tim Roberts resided very much in the shadows at Parabis, quietly masterminding the systems and processes that have created the volume powerhouse that the firm is today.
Addleshaw Goddard has appointed Tim Wheldon and Malcolm Pike as office heads in Leeds and Manchester respectively in the firm’s latest management change.
Circle Housing Group, the social housing provider for London and the South East, has appointed nine firms including Shoosmiths, Trowers & Hamlins and Weightmans to its new-look panel after a year-long review.
Kent Legal Services tenders for ABS partner subscription
Kent County Council’s legal division Kent Legal Services (KLS) has today launched a search for a private sector alternative business structure (ABS) partner.
Eversheds has appointed real estate finance head Simon Mead as London head of banking following David Boyd’s transfer to Eversheds Agile, the firm’s contract lawyer business.
Law: it’s all part of the KPMG service subscription
Accountant will not form standalone law firm, but build legal into its offering
Special report: Austria – Out of the darkness subscription
Regulators are ramping up the pressure in the aftermath of recession, leaving firms to compete for compliance and restructuring work
Southampton-headquartered Moore Blatch has joined forces with spinal injury charity Aspire to create Aspire Law, an ABS specialising in spinal cord injuries, which will launch on 3 November.
Shoosmiths has elected employment partner Peter Duff as the firm’s new chairman for a three-year tenure with effect from 1 May 2015.
Parabis closes Bristol and Colchester offices subscription
Parabis has decided to close its offices in Bristol and Colchester following a 40-day consultation, with 41 staff affected.
KPMG awarded ABS licence subscription
KPMG has become the latest ‘Big Four’ professional services firm to be granted an alternative business structure (ABS) licence by the Solicitors Regulation Authority (SRA).
Several Slater & Gordon partners, including legacy Pannone managing partner Emma Holt, have been named as respondents in a two-week unfair dismissal hearing that is due to begin on 20 October at Manchester Employment Tribunal.
Akin Gump Strauss Hauer & Feld chair Kim Koopersmith has just secured what is likely to become one of London’s most memorable mass lateral hires.
Bread brand Hovis has established its own legal team headed by former Premier Foods counsel Helen Selby.
Slater & Gordon is in the final stages of a deal to acquire Cardiff-based trade union firm Leo Abse & Cohen, The Lawyer can reveal.
Addleshaw Goddard has appointed litigation partner and Berezovsky star Mark Hastings as the firm’s new head of fraud, regulatory and corporate crime.
Slaughter and May and Hogan Lovells were key advisers on Mothercare’s £100m rights issue which was announced yesterday (23 September).
Clyde & Co formalises Riyadh association subscription
Clyde & Co has obtained formal approval from the authorities in Saudi Arabia to launch a co-owned joint venture with its Riyadh alliance firm.
Akin springs 22 Bingham partners subscription
London restructuring team’s mass exit may speed $2bn mega-merger talks
The benefits of unitranche funding to the borrower; Premier League clampdown on fans posting unofficial videos of goals; and the importance of SEC’s latest action against insider dealing
Freshfields Bruckhaus Deringer has hired Fried, Frank, Harris, Shriver & Jacobson head of capital markets Valerie Ford Jacob along with two corporate partners in New York.
DLA Piper loses India co-head to Squire Patton Boggs subscription
DLA Piper’s co-head for its India group Biswajit Chatterjee is to join Squire Patton Boggs in a similar Singapore-based role alongside London partner Dharmendra Nair.
The much anticipated tie-up between Akin Gump Strauss Hauer & Feld and Bingham McCutcheon’s London office closes only one chapter of speculation over the fate of the US firm.
Akin Gump is to merge with Bingham McCutchen’s $52.3m (£32.1m)-turnover London office in a deal that will add 22 partners in London, Frankfurt and Hong Kong.
French giant Fidal has chosen to formalise its ‘best friends’ arrangement with Mills & Reeve through an exclusive affiliation just months after setting out its ambitions to build its cross-border profile.
Minter Ellison’s former chief executive John Weber will take over from Andrew Darwin as DLA Piper’s Australia managing partner in March 2015.
Professional indemnity: Misunderstanding PII subscription
For more insurance news and analysis go to thelawyer/insurance
Hill Dickinson cuts 40 jobs in counter-fraud team subscription
Hill Dickinson has cut 40 roles and made two redeployments to other parts of the firm following a 30-day consultation that kicked off on 21 July.
Bingham lawyers nervy as London partners mull exit subscription
With his firm understood to be talking merger with Morgan Lewis & Bockius, Bingham McCutchen’s London managing partner James Roome could be set to quit, an exit that could have a major impact on Bingham’s future in the City.
American aerospace and defence technology company Northrop Grumman Corporation has appointed a new European head of legal effective as from 1 September.
Kent-based Cripps has appointed former Co-op Legal Services (CLS) policy director Christina Blacklaws as director of client services with a remit to lead the firm’s growth strategy.
Slater & Gordon has acquired East Midland firm Flint Bishop’s Injured Patient Claims arm, a claimant personal injury (PI) and clinical negligence team.
Minster Law’s director of legal services Craig Underwood has joined Capita-owned volume legal business Optima Legal as head of legal services today.
Pinsent Masons has appointed its former Scotland head Fraser McMillan to lead its construction, advisory and disputes (CAD) practice with immediate effect.
Jim Trainor reveals how he runs Volkswagen Group UK’s legal department like a well-oiled machine
DAC Beachcroft cuts 62 fee-earner and support roles subscription
DAC Beachcroft cut a total of 62 jobs across the business last month following a redundancy consultation that kicked off in May.
Co-op Legal Services makes £5m loss at half-year subscription
The Co-operative Group’s half-year results, released today (4 September), show a £5.1m loss in the 26 weeks up to 5 July for the legal services arm.
The London Universities Purchasing Consortium (LUPC) has appointed seven firms to its legal services framework following the closure of a competitive tender process.
Private equity-backed Knights is expected to turnover in excess of £15m during 2014/15 having hit £7.5m at the half-year.
DAC Beachcroft profits slump by 10 per cent subscription
DAC Beachcroft has announced a 9.7 per cent drop in net profit from £31.7m to £28.6m for the 2013/14 financial year.
Forsters appoints Smita Edwards as senior partner subscription
Real estate firm Forsters has appointed founding partner Smita Edwards as its new senior partner for a four-year term from 1 September in an uncontested election.
Simmons & Simmons has launched an IP agency in Beijing today, with regulatory approval to file Chinese patents and litigate trademark disputes in state courts for the first time.
Opportunity knocks for the panel review lucky subscription
Lloyds to announce own-account panel as Unilever appoints new faces
Irwin Mitchell, Jones Day and Kirkland & Ellis have played key roles in the sale of 144 Travelodge hotels, owned by the company’s biggest landlord Prestbury, to Goldman Sachs, GoldenTree Asset Management and Avenue Capital.
Two former Pannone personal injury big-hitters have become the latest to break the three-year lock in to leave Slater & Gordon, moving to ABS rival Irwin Mitchell.
Cobbetts' bank debt deferred pending legal action subscription
Cobbetts’ administrator KPMG has postponed a final distribution of £336,687 to Lloyds Bank after receiving notice of legal action relating to the sum by four former partners.
Manchester insurance litigation firm Horwich Farrelly has appointed its first chief operations officer (COO) to its executive board.
Clyde & Co has hired a Singapore-based aviation team from Kennedys including legacy Gates & Partners big-hitter David Johnston.
Listed alternative business structure (ABS) Quindell has generated £180m of revenue from legal services at the half-year according to its interim statement to the London Stock Exchange.
BLM will be nudging the £100m turnover mark at the financial year-end, according to a “conservative” estimate by managing partner Mike Brown.
Slaughter and May and Wragge Lawrence Graham & Co have taken key roles among a large group of UK and Irish firms advising on Legal & General’s (L&G) sale of eight properties from its Hyperion portfolio to separate purchasers.
At least two legacy Pannone partners have managed to exit Australian-listed Slater & Gordon and others are negotiating exits despite a three-year lock-in.
Media boutique Michael Simkins and City-based BCL Burton Copeland have been brought in to represent Sir Cliff Richard following a police raid on the star’s home last Thursday (14 August).
Clyde & Co has settled a long-running whistleblowing dispute with former partner Krista Bates van Winkelhof out of court after successive cases sought to establish the validity of the claim.
Guildford-based Stevens & Bolton’s revenue rose by 10.1 per cent from £18.05m to £19.87m in the 2013/14 financial year.
BLP and Taylor Wessing advise on sale of Heron Plaza subscription
Berwin Leighton Paisner (BLP) and Taylor Wessing have advised on the £97m sale of Heron Plaza by Heron International to Singaporean UOL Group.
Irwin Mitchell grew revenue by 1.2 per cent from £200.3m to £202.7m and saw profit before tax drop by 8.5 per cent from £18.7m to £17.1m last year, according to audited figures.
ICAEW granted authority to license ABSs subscription
The Institute of Chartered Accountants (ICAEW) has become the first non-legal entity with powers to regulate probate services and license alternative business structures (ABSs).
Slater & Gordon’s UK revenues have smashed through the £100m barrier, with an 119 per cent increase in turnover from £46.1m to £101m (A$182.5m) for the 2013/14 financial year.
Bucks County Council teams up with emergency services group for first local authority ABS subscription
Buckinghamshire County Council has become the first local authority to form an alternative business structure (ABS), after the Solicitors Regulatory Authority (SRA) granted it a licence.
RPC’s next challenge subscription
Culture will absorb management’s attention now the corporate business is rooted
Simmons & Simmons has gained a South African presence by allying with Canadian firm Fasken Martineau’s recently-acquired Johannesburg operation.
The down-to-earth approach of Addleshaw Goddard’s new managing partner John Joyce may be just what his firm needs.
Blake Morgan launches personal injury spin-off subscription
Blake Morgan has launched a spin off of its personal injury and clinical negligence lawyers into a new brand BL Claims Solicitors.
Clifford Chance has led on property investment company Blackstone’s £320m acquisition of 125 Old Broad Street from Brookfield Property Partners.
New figures reveal in-house salaries and bonuses rose in the regions again last year.
Palamon buys majority stake in Simplify Legal Group subscription
QualitySolicitors’ owner Palamon Capital Partners has acquired an undisclosed majority shareholding in Simplify Legal Group.
Eversheds has joined the Vodafone panel for the first time following a review of the telecoms giant’s roster of legal advisers.
Simmons’ alliance partner expands in Saudi subscription
Simmons & Simmons’ alliance firm in Saudi Arabia, Hammad & Al-Mehda, is extending its reach with a new office in the country’s capital Riyadh.
Cheshire-based industrial disease specialists Roberts Jackson has received a £15m cash injection from private equity firm NorthEdge Capital.
DWF has reported a 23 per cent increase in net profit from £20.8m in 2012/13 to £25.5m in its first full-year financial results following four mergers.
Australian-headquartered construction giant Lend Lease has promoted senior legal counsel Mark Packer to the role of general counsel (GC) for Europe, Middle East and Africa (EMEA).
Midlands-based Shakespeares has divided a £700,000 bonus pool between 661 staff after hitting a £50m revenue target set by chief executive Paul Wilson.
Revenues have hit a five-year high at Kennedys climbing up 10 per cent at the latest year end from £117m to £128.5m.
Hill Dickinson puts 39 jobs into consultation subscription
Hill Dickinson has placed 39 roles within its counter fraud group at risk of redundancy, with the positions now subject to a 30-day consultation period that began yesterday (21 July).
RPC has reported a 3 per cent drop in net profit from £26.8m to £26m at the end of the latest financial year, alongside a 2.4 per cent rise in turnover from £82.1m to £84.1m.
DLA Piper hires four construction lawyers from RPC subscription
DLA Piper has added two partners and two associates from RPC to its real estate practice, including head of non-contentious construction and projects Stephen Malley.
Clifford Chance’s China head of litigation and arbitration Patrick Zheng has joined Clyde & Co as Beijing office managing partner.
Clyde & Co hires Eversheds’ Middle East chairman subscription
Eversheds’ Middle East chairman Christopher Jobson has joined Clyde & Co as a partner in the firm’s Abu Dhabi office.
UK firms have focused this year’s partner promotions on home, but which cities and practice areas dominate investment?
National firms have turned their attention to growth at home in this year’s partner promotions round, with a 15 percentage point drop in the number of new partners working in UK firms’ overseas offices.
Special report: Immigration – Public interest subscription
The University of Kent’s well-publicised landmark work for an asylum-seeker could lay the foundations for a shift in thinking in immigration cases
Pinsent Masons revenue up 4.6 per cent to £323m subscription
Pinsent Masons has announced a 4.6 per cent increase in revenue from £309m to £323m with a corresponding increase in average profit per equity partner (PEP).
Eversheds’ revenue rose by 2 per cent at the end of 2013/14 from £376m to £384m, while net profit increased just 1 per cent from £85.4m to £86.2m.
Bridge building to Bristol subscription
Simmons & Simmons is not a firm you instantly associate with regional offices but in the last year headcount at its Bristol base has been rising fast.
Pinsent Masons partners have elected the firm’s head of construction Richard Foley as senior partner for a four-year term beginning October 2014
New-look RPC takes glittering prize
Jonathan Watmough and the RPC learning curve subscription
Last night RPC scooped the top gong at The Lawyer Awards, Law Firm of the Year. Here we revisit an interview with managing partner Jonathan Watmough in which he reflects on how the firm has shaken up its client list to generate growth
DLA Piper and Sullivan & Cromwell have advised Boston-based technology company Allied Minds on its initial public offering (IPO) and admission to trading on the London Stock Exchange.
We’re coming out of the back room and helping to shape strategy, say our shortlisted lawyers for this year’s In-house Lawyer of the Year award.
Allen & Overy (A&O), Herbert Smith Freehills and Macfarlanes are among eight firms to have retained positions of Virgin Group’s panel following an informal review.
ABS of the Year Roundtable: Variety adds spice subscription
ABSs arrived just two years ago but their impact on the profession is already deep. In a pre-Awards debate, our shortlisters discuss the rough and smooth of the transition
Addleshaw Goddard managing partner John Joyce has installed Gulf and Asia regional office heads in the latest stage of ongoing management reform at the firm.
PII: More changes ahead subscription
The professional indemnity insurance market was shaken by last year’s adjustments, and now the SRA has additional proposals
AIM-listed consumer financial services business Fairpoint Group has stated its commitment to expanding Simpson Millar after it completed its acquisition of the firm earlier this week for an £8m consideration.
Herbert Smith Freehills (HSF) has advised UGL Group on the A$1.215bn (£672m) sale of DTZ, its property services business, to a consortium of TPG Asia, PAG Asia Capital and Ontario Teachers’ Pension Plan (TPG and Partners).
JMW reports 14.6 per cent revenue increase to £17.2m subscription
Income at Manchester-based JMW Solicitors has risen by 14.6 per cent from £15m to £17.2m, with a 15.6 per cent rise in unaudited profits from £3.2m to £3.7m for the 2013/14 financial year.
Slater & Gordon (S&G) has confirmed a UK management re-jig and taken on 105,000 sq ft of office space in Manchester.
Third sector specialists Bates Wells Braithwaite (BWB) has become the latest firm to be granted an ABS licence, paving the way for its first non-lawyer partner.
Kennedys posts 10 per cent turnover rise to £128.5m subscription
Kennedys has reported a 10 per cent increase in turnover to £128.5m for 2013/14 from £117m in 2012/13.
Pinsent Masons’ senior partner Chris Mullen will face head of construction Richard Foley in the firm’s first senior partner election in six years, with a result expected in early July.
Addleshaw Goddard has overhauled its management lineup in the wake of falling net profit figures after a year of upheaval at the firm.
Clyde & Co has hired two partners from US firm Keesal, Young & Logan to establish its fifth US office in Orange County, Southern California.
Clyde & Co has increased its revenues by 8.5 per cent from £336.6m to £365.1m for the 2013/14 year-end.
British pensions administrator Suffolk Life has appointed Bond Dickinson, DWF, Curle Stewart, Tughans and Wilson Nesbitt for Scotland and Northern Ireland with immediate effect.
DAC Beachcroft has put 65 jobs across the UK and Scotland into consultation that launched on 30 May and will vacate its Fountain Street office in Manchester as a result.
RPC appoints Boswall as new senior partner subscription
RPC’s partnership has elected commercial litigation partner Rupert Boswall as its new senior partner with immediate effect.
Eversheds expands in South Africa with Durban launch subscription
Eversheds has today secured its eighth office in Africa through an affiliation with Durban-based Knight Turner, which is now known as Eversheds KZN.
In-house interview: Weir Group GC, Keith Ruddock subscription
Weir Group’s Keith Ruddock honed his belief that lawyers work close to the coalface at Shell, and now applies that ethos to help the Scottish engineering conglomerate grow
Addleshaws team must be a tempter for DWF
DWF faces loss of up to 37 jobs in Liverpool subscription
DWF has told its Liverpool-based motor fraud team that a forthcoming restructure will involve placing several fee-earner and secretarial staff into a consultation that could result in the loss of up to 37 jobs.
Addleshaws transaction services chief quits for DWF subscription
Addleshaw Goddard’s former employment head, client relationship manager and the mastermind of the transaction services offering, Andrew Chamberlain, is to join DWF as employment head.
Clydes whistle-blowing case - the legal reaction subscription
Today’s Supreme Court whistleblowing decision not only paves the way for partner-level whistle-blowing claims to be levelled at firms for the first time but poses further questions on the employment status of partners, employment lawyers say.
Hill Dickinson has posted a 0.4 per cent increase in turnover to £111.9m for 2013/14 from £111.5m in the previous year.
Clydes to face whistle-blowing claim after Supreme Court holds LLP members are protected subscription
The Supreme Court has ruled that LLP members are protected by whistle-blowing legislation paving the way for the first whistle-blowing case against a law firm.
DLA Piper partner Nick West has apologised for failing to uphold professional standards after being found to have exchanged sexist emails with Premier League chief executive Richard Scudamore in revelations last week.
DWF to take up residency in London's Walkie Talkie subscription
DWF is to move all 305 London-based staff, including 53 partners, from its two current London sites into the Walkie Talkie on 1 September.
The great insurance landgrab subscription
The consumer insurance market has seen a fierce tussle for territory. Have the mega-firms won or has the war just begun?
Unprecedented consolidation in the consumer insurance market has halved the number of key industry players in the UK200, The Lawyer’s research has revealed.
Special report: Employment – Winning the peace subscription
Employment lawyers are shifting their focus to non-contentious areas as the coalition promotes conciliation
Addleshaw Goddard has confirmed that head of business support and restructuring John Joyce has been elected managing partner for a term of three years from today (16 May).
DLA Piper is investigating the email exchanges of media sport lawyer Nick West and Premier League boss Richard Scudamore after the Sunday Mirror revealed them to contain sexist remarks this week.
Clyde & Co has entered South Africa with a five-lawyer raid on Linkaters’ ally Webber Wentzel’s insurance and legal liability group.
Bevan Brittan, DAC Beachcroft and Mills & Reeve pick up NHS Property Services panel wins subscription
Bevan Brittan, DAC Beachcroft and Mills & Reeve have won key contracts as part of a new slimmed down NHS Property Services panel, which launched on 1 May.
Kennedys has called on its fixed-share partners (FSPs) to top up their capital contributions to 30 per cent of their salaries in response to HM Revenue & Customs’ (HMRC) changes to partnership taxation.
Addleshaw Goddard’s Manchester real estate chief Mark Haywood is leaving the firm with two partners to launch an office for Nabarro in the city.
TLT posts 18 per cent revenue growth for 2013/14 subscription
Bristol-headquartered TLT anticipates profit will increase at the firm on the back of an 18 per cent increase in turnover from £49m to £57.9m for the 2013/14 financial year.
Hogan Lovells to shut up shop in Prague subscription
Hogan Lovells is to close its Prague office this summer following a strategic review of the market.
Forsters and Michelmores post double digit growth subscription
Forsters and Michelmores have reported double-digit growth in revenue for the 2013/14 financial year and net profit is also expected to have risen at both firms.
Britvic GC: Message in a bottle subscription
When Britvic ‘borrowed’ Clare Thomas as GC during its bid for AG Barr, she didn’t envisage it would be permanent, but the mix of responsibilities, from product development to company strategy, was too tempting to throw away
BLM’s senior partner Mike Brown is intent on leading his insurance-focused firm into the big league.
Osborne Clarke, Parabis, RPC and Shepherd & Wedderburn are the latest to reveal increased promotions rounds this year.
DLA Piper has promoted 45 lawyers to the firm’s global partnership with effect from the 1 January 2014 in the US and today in the UK.
Berrymans Lace Mawer has scrapped its brand in favour of BLM as the insurance firm completes the takeover of Scottish firm HBM Sayers today.
Simmons & Simmons promotes eight to partnership subscription
Simmons & Simmons has made up eight to its partnership today, with 50 per cent of the new partners based in London.
Eversheds promotions down a quarter on 2013 subscription
Eversheds has made up 12 lawyers in the UK and nine internationally, adding a total of 21 to its partnership with effect from tomorrow (1 May).
Lawrence Graham (LG) will make up five partners to coincide with its merger with Wragge & Co on 1 May, when the combined firms are to become Wragge Lawrence Graham & Co.
TLT has targeted a 60 per cent rise in revenues with the aim of producing annual turnover of £80m by 2017 after re-electing managing partner David Pester for a fifth consecutive three-year term with effect from 1 May.
Clyde & Co has made up five UK-based lawyers to partner as part of a nine-strong promotions round to take effect on Thursday (1 May).
Pinsent Masons finance director Steve Hancock is to retire from the firm as it gears up for the first contested leadership elections since incumbent managing partner David Ryan was elected in 1999.
DWF has confirmed that it has cut 19 jobs as part of a consultation launched last month, which put 21 operational roles in its finance department at risk.
Addleshaw Goddard has nominated partners Adrian Collins and John Joyce as the challengers to replace incumbent Paul Devitt in the firm’s forthcoming managing partner election.
Risk: Tales of the frontier subscription
A new breed of lawyer is smoothing the path for companies entering emerging or unstable jurisdictions
Sarah Nelson Smith, UK legal chief of KFC and Pizza Hut owner Yum! Brands took a fresh approach to panel review
Addleshaw Goddard sets out MP election timetable subscription
Addleshaw Goddard has opened nominations for its managing partner election with a vote expected to take place no less than two weeks from now.
Britvic launches hunt for new advisers in the US subscription
Beverage giant Britvic is looking to build an informal panel of advisers in the US off the back the beverage company’s recent 15-year exclusive distribution deal with PepsiCo.
Irwin Mitchell chief exec Pickering in shock exit subscription
Irwin Mitchell group chief executive John Pickering is to stand down after 37 years at the firm it has been announced today.
Pinsents makes up 15 to partner subscription
Pinsent Masons has made up three women in a round of 15 partnership promotions that take effect on 1 May.
Pinsent Masons faces management shake-up subscription
Pinsent Masons partners are warming up for the firm’s first contested leadership elections since incumbent managing partner David Ryan was elected in 1999.
Manchester-based Linder Myers has avoided administration through a debt restructuring deal including investment from Assure Law director Tony Stockdale, who has become chief executive.
Addleshaw Goddard has added eight to the partnership for the second year running, but the firm’s litigation practice has not taken a new partner into the fold.
EY has appointed Addleshaw Goddard corporate managing partner Phillip Goodstone to establish its legal capability in the UK.
Irwin Mitchell has secured a £60m rolling banking facility along with an additional £30m buffer in a joint deal with HSBC, Lloyds and Royal Bank of Scotland (RBS).
Is Berrymans kicking into action at last? subscription
Last week’s union with Scottish insurance outfit HBM Sayers was Berrymans Lace Mawer’s (BLM) first merger since 1997 (17 March 2014). Is this the start of a new acquisitive era for the firm?
Cash call looms at Addleshaws subscription
Addleshaw Goddard has joined the legions of firms calling for a cash injection from fixed-share partners (FSPs) in response to HM Revenue & Customs’ (HMRC) partnership taxation crackdown.
After the Addleshaws blunderstorm subscription
Undermined by leadership slip-ups, is it time firm looked outside for fresh blood?
Whistleblowing charity Public Concern at Work has intervened in the Clyde & Co v Bates van Winkelhof appeal, which kicks off in the Supreme Court on Monday.
Andrew Leaitherland: still aspiring to the top 20 subscription
Having invested £17m on expansion and added £44.9m to the firm’s top line in doing so, DWF managing partner Andrew Leaitherland is now focused on recovering the firm’s profitability through successful integration.
Stonewall unveils top 20 LGB friendly firms subscription
New research by the LGB charity Stonewall has revealed that 90 per cent of the top 20 firms have openly gay partners or senior managers.
Baker & McKenzie hires former RPC regulatory head subscription
Baker & McKenzie is to be joined in its London financial services group by RPC’s former head of financial services and regulatory Steven Francis.
Olswang picks up former Linklaters TMT head in Paris subscription
Olswang has bolstered its Brussels and Paris offices with the hire of former Linklaters TMT head Sylvie Rousseau.
Six made up at HFW in reduced promotions round subscription
Holman Fenwick Willan (HFW) has made up six to its partnership in a round of promotions that will be effective from 1 April.
DWF has scooped three finance partners from Lawrence Graham in a bid to boost its London office.
Berrymans Lace Mawer (BLM) and Scotland’s HBM Sayers are to merge on 1 May to form a £100m risk and insurance firm.
Addleshaw Goddard’s Paul Devitt is to stand down as the firm’s managing partner a year before his tenure was due to end on 30 April 2015, sparking an early election.
Ailing Manchester firm Linder Myers is close to completing a deal with consultancy Assure Law to restructure its debt.
DLA Piper to managers: start billing or stop earning subscription
DLA Piper is planning to ringfence management pay among its sector and group in a bid to increase fee-earning levels amongst its senior lawyers.
Eversheds picks up Ashurst London pensions head subscription
Ashurst’s London pensions head Steven Hull has become the latest partner departure from the firm as he joins Eversheds’ City office.
HCB out of the running for Linder Myers rescue subscription
Midlands-based HCB Solicitors has pulled out of talks to rescue Linder Myers as administration still looms for the ailing Manchester-based practice.
Professional negligence: Claims vs reality subscription
Clients are more willing to bring claims against professional service providers but the risk to defendants is not as dramatic as it might seem
Stephenson Harwood re-appoints White as CEO subscription
Stephenson Harwood’s non-executive supervisory council has re-appointed Sharon White as chief executive officer (CEO) for a second three-year term.
Allianz launches legal business with new ABS licence subscription
Allianz has been granted an ABS licence for the launch of ALP Law in conjunction with catastrophic injury firm Serious Law.
DAC Beachcroft (DACB) has raided Eversheds for commercial contracts partner Ruth Connorton and a team of three fee-earners in Newcastle.
Hill Dickinson to pilot centralised billing subscription
Hill Dickinson has become the latest firm to moot plans to create a new centralised billing system in order to reduce lock-up and increase efficiency.
DLA Piper raids Orrick for London partner duo subscription
DLA Piper has raided Orrick, Herrington & Sutcliffe in London for partner duo Tony Katz and Sam Millar who are to join the City litigation group.
Irwin Mitchell has acquired the former recoveries arm of defunct Manchester-based Halliwells, HL Interactive, in a deal that completed on Friday (28 February).
PwC acquires Canadian immigration firm subscription
PricewaterhouseCoopers (PwC) has acquired Toronto-based immigration law firm Bomza Law Group.
Gunnercooke founder: 'At Addleshaws and DLA I made a lot of money but it wasn't pleasant' subscription
Gunnercooke founder Darryl Cooke is an ABS fan but worries his firm will be stigmatised for turning its back on the LLP structure.
Eversheds has secured a multi-million pound contract with the International Air Transport Association (IATA), the airline trade association, rolling out its existing mandate to include Europe, North Asia and Asia Pacific.
DLA Piper’s global revenue creeps up to $2.48bn subscription
DLA Piper’s global revenue inched up by 1.7 per cent for the 2013 calendar year, rising to $2.48bn (£1.56bn).
Irwin Mitchell real estate partner Rob Thompson will succeed Jon Vivian as head of the firm’s London real estate team on 1 May.
Partners who moved to Slater & Gordon (S&G) as part of its acquisition of Pannone are to be locked into the firm for three years under the stringent terms imposed on the new joiners.
RPC and Bates Wells Braithwaite (BWB) lead on creation of Leveson’s new press regulation system.
Hill Dickinson is consulting on its second cash call in 12 months in response to HM Revenue & Customs’ (HMRC) change to the partnership taxation rules, which will come into effect on 6 April.
Dentons and Olswang have advised on the acquisition of Readers Digest by Mike Luckwell, the venture capitalist behind Bob the Builder, from Better Capital for the nominal sum of £1.
Solicitor struck off for child pornography offences subscription
Middlesex-based property partner James-Guy Jacobs has been struck off the solicitors roll and ordered to pay costs of £1,500 following a conviction for child pornography offences at Harrow Crown Court in November 2012.
Clydes and Eversheds eat up spots on Yum! panel subscription
Clyde & Co and Eversheds will advise Yum! Brands, the company behind Pizza Hut and KFC, for the first time having been appointed as part of a new eight-firm panel in the UK.
Wragge & Co and Lawrence Graham (LG) have confirmed the line up of the new post-merger management board, with just two spots taken up by Lawrence Graham partners.
Slater & Gordon completes Pannone takeover subscription
Australian-listed Slater & Gordon has confirmed the completion of its merger with Manchester-based Pannone with an announcement on the Australian Securities Exchange (ASX) this morning.
Addleshaws' management faces fresh revolt subscription
Addleshaw Goddard partners are bracing themselves for a contested election, with two names surfacing as challengers to incumbent managing partner Paul Devitt more than a year before his tenure ends.
Linder Myers: Dangers of a legal fast-food diet subscription
Linder Myers’ demise shows how buying firms cheap can be costly
Ince & Co has launched a redundancy consultation with 10 shipping and finance fee-earners and six secretarial staff.
Manchester-based Linder Myers has spent the last few years acquiring distressed assets. Now the firm is on the hunt for a rescue-merger to pull it back from the brink.
Pannone regulatory head Anthony Barnfather will join Slater & Gordon (S&G) when the firms combine despite initially resisting the move.
Berrymans picks up two partners from Greenwoods subscription
Berrymans Lace Mawer (BLM) has picked up two property insurance partners and two fee-earners from Greenwoods, less than a year after the firm merged with Parabis.
Midlands-based HCB Solicitors incorporated a company called HCB Linder Myers the day after the Manchester-based Linder Myers announced its intention to appoint administrators (7 February).
Royal Dutch Shell has appointed Donny Ching as its new legal director with immediate effect.
Irwin Mitchell to launch Southampton office subscription
Irwin Mitchell is due to open its ninth UK office in Southampton on 7 April.
TLT is expected to be amongst the first group of firms to issue a cash call to fixed-share partners (FSP) in response to HM Revenue & Customs’ (HMRC) changes to partnership taxation.
Regional bar: Commerce raiders subscription
The regions might stand shoulder-to-shoulder with London on criminal justice issues but there is everything to fight for when it comes to commercial work
Shell names HR chief as interim head of legal subscription
Royal Dutch Shell has handed interim responsibility of its legal function to its human resources and corporate officer Hugh Mitchell.
DWF raids TLT in London subscription
TLT has lost an equity partner and two lawyers from its City corporate team to DWF.
Net debt more than doubles at RPC subscription
Net debt at Reynolds Porter Chamberlain (RPC) has increased by £2.8m according to the firm’s latest LLP filings, from £2.3m to £5.1m.
Parabis picks up Pannone affinity group head Jabbari subscription
Former Pannone Connect2Law chief executive David Jabbari has joined Parabis to launch a regional network of firms.
DLA Piper: Angel's time at the top subscription
Since he joined DLA Piper in October 2011, Tony Angel has been a central figure in reshaping the practice. Here, we take a look back at his time at the firm.
DLA Piper International’s net debt dropped by 32 per cent in 2012/13, according to the firm’s latest LLP filings.
Eversheds is the only firm to have won the national and all 13 regional positions on the Salford-based Crescent Purchasing Consortium’s (CPC) legal services framework.
Clyde & Co adds construction partner from RPC subscription
Clyde & Co has bulked up its construction disputes team with the addition of longstanding RPC partner Richard Moody in London.
Parabis partner Direct Line granted ABS licence subscription
Insurance giant Direct Line Group (DLG) has become the latest new entrant to the legal services market, with the announcement today that the Solicitors Regulatory Association (SRA) has authorised it as an ABS.
Keoghs puts 41 jobs at risk subscription
Bolton-headquartered insurance firm Keoghs has put 41 staff at risk of redundancy following a restructuring of its counter-fraud team.
DWF shakes up billing system in efficiency drive subscription
DWF is forcing the pace on greater billing discipline across the firm with an aim to reduce lock-up by between five and 10 days on average each month.
Neil Hudgell takes on £1m of PI work subscription
Acquisitive personal injury firm Neil Hudgell Solicitors has bought the personal injury (PI) and clinical negligence practices of two regional firms in separate deals valued at £1m.
Irwin Mitchell penalised by Google for SEO tactics subscription
Google appears to have removed Irwin Mitchells’ domain names from its organic search listings as a penalty for hyperlinking to its sites via numerous blog and forum posts.
Herbert Smith Freehills (HSF) has brought the number of real estate partners in its Madrid office to three with the addition of Javier Ortega de la Peña from DAC Beachcroft (DACB).
Slater & Gordon sets Pannone integration deadline subscription
Slater & Gordon UK chief executive Neil Kinsella has set the firm a 12-month target to fully integrate its merger with Pannone after the deal is complete.
Eversheds’ latest LLP accounts reveal that the firm spent £8.5m on restructuring and new lease provisions following its strategic review in January 2013.
Barnetts Solicitors in four-way sell off subscription
Southport-based Barnetts Solicitors has sold the business off to four separate buyers having appointed administrators on Tuesday (21 January).
Athenian construction boutique granted ABS subscription
The Solicitors Regulation Authority (SRA) has granted Athens-based Exarchou and Rosenberg International an ABS licence with effect from 1 March.
Some firms could be facing cash windfalls of up to £9.5m in light of HM Revenue & Customs’ (HMRC) new legislation on the way salaried partners are taxed.
A one and a half day Supreme Court hearing is scheduled to begin on 24 March to decide whether LLP members should be protected by whistleblowing legislation.
Like a bat out of Shell subscription
Oil giant likely to look within for replacement law boss after Rees walkout shocker
The Solicitors Regulation Authority (SRA) has taken the unusual action of publishing the names of 136 firms that are being forced to close as a result of failing to secure professional indemnity insurance (PII).
DLA Piper has cut 69 staff from its document production team as part of an on-going review of the business.
DWF has raided Lawrence Graham for employment partner Helga Breen to lead the London employment team.
Despite spinning out as part of Pannone’s tie-up with Australian-listed Slater & Gordon, Pannone Corporate will work with the legacy firm’s real estate team while its own recruitment drive gets underway.
Law firms make up 10 per cent of Stonewall top 100 subscription
Ten law firms have made it into the top 100 of this year’s LGBT charity Stonewall’s audit of the most gay-friendly employers.
Addleshaw Goddard’s latest LLP accounts revealed a £4m increase in its bank borrowing and a 10.5 per cent rise in the value of its debtors from £76m to £83m.
The great tax distraction subscription
Firms wrestle with HMRC salaried partner proposals before April deadline
Sedgwick hires DLA Piper insurance litigator subscription
DLA Piper insurance litigation partner David Murphy has left the firm to join US-firm Sedgwick in London.
DAC Beachcroft names new Manchester head subscription
DAC Beachcroft appointed professional negligence partner Ian McConkey as Manchester head from the 1 January following an uncontested election for the position.
SRA labelled "shambolic" over PII renewal process subscription
Brokers have raised fresh concerns over the Solicitors Regulation Authority’s (SRA) handling of the professional indemnity insurance (PII) renewal process after the regulator admitted it had lost track of some uninsured firms.
Eversheds’ Leeds-based head of health and life sciences Bill Gilliam has left the firm for Addleshaw Goddard.
DWF and Weightmans are the first two firms to confirm that they are reviewing the way they define fixed-share partners as a result of HM Revenue & Customs’ (HMRC) proposed changes to the partnership tax regime.
Hogan Lovells promotions on the rise with 29 made up subscription
Hogan Lovells has made up 29 new partners across its global offices, with the greatest number in any single office in London.
Squire Sanders has picked up DLA Piper competition and regulatory lawyer Martin Rees in its latest raid of the firm’s London office.
Weightmans has become the latest top 50 firm to obtain an alternative business structure (ABS) licence from the Solicitors Regulation Authority.
DLA Piper is understood to be losing a partner and an associate from its London real estate team as rival Squire Sanders looks to bulk up in the City.
Irwin Mitchell puts four jobs at risk in Glasgow subscription
Irwin Mitchell has placed four support staff in its Glasgow office into a redundancy consultation following a decision to relocate the roles to Sheffield.
Newcastle-headquartered Ward Hadaway has picked up the majority of the work in progress (WIP) from the recently defunct corporate boutique EOS Law in Manchester.
SRA confirm 117 firms still without PII subscription
The Solicitors Regulation Authority (SRA) has identified 117 firms still at risk of closure as a result of being unable to secure professional indemnity insurance.
DWF adds 10 to partnership subscription
DWF has made up ten new partners in its latest round of promotions, with the insurance group taking the bulk of promotions.
Olswang v Bristows in Google privacy showdown subscription
Olswang is leading a major online privacy case against Google in the High Court this week, in which the internet giant is arguing for the case to be heard in the US.
Eversheds litigation partner Paul Smith has been elected as the firm’s new chairman, beating corporate partner Robert Pitcher in a partnership vote last week.
CMS Cameron McKenna and Dundas & Wilson partners have said yes to a £277m-tie-up that will go live in May 2014.
DLA Piper replaces UK group real estate chief subscription
DLA Piper has named Ian Brierley UK real estate head just two years after Simon Cookson was brought into the role from Ashurst.
Pannone puts more than 100 at risk of redundancy subscription
Pannone has put more than 100 people on notice of redundancy since the firm agreed to press ahead with a tie-up with Australian-listed Slater & Gordon.
The return of the Manchester scene subscription
As the city enjoys a boom, its foremost legal firms are poaching each other’s staff
Ofwat creates new general counsel role subscription
Water and sewerage regulator Ofwat is holding interviews this week for its newly created general counsel role.
Slater Heelis has formally merged with Cottrills this week (1 December) gifting it a Manchester city centre base.
Eversheds has secured four new offices in Africa having tied up with South African firm Mahons Attorneys and El Heni in Tunisia.
Pinsent Masons eyes Australia launch subscription
Pinsent Masons has appointed Maddocks chief executive David Rennick to lead a review of growth opportunities in Australia.
Number crunching: Clyde & Co corporate subscription
Earlier this year Clyde & Co revealed a 33 per cent climb in corporate revenue, from £53m to £70.7m.
Newcastle International Airport (NIA) has been ordered to pay all the costs associated with the negligence claim it brought against Eversheds, which ended last week after a six-year battle.
Personal injury specialist Neil Hudgell Solicitors has opened a London office, having purchased collapsed litigation boutique Harris Cartier’s book of personal injury work.
DAC Beachcroft merges with Colombian alliance firm subscription
DAC Beachcroft has merged with Colombian insurance firm De La Torre & Monroy Abogados Asociados and started trading as DAC Beachcroft Colombia yesterday (1 December).
Slaters claims the high street crown subscription
Pannone deal should see Aussie upstart become the UK’s top legal consumer brand
Pannone - a firm of two halves subscription
Slater & Gordon announced its largest acquisition to date today, with the £33m takeover of Pannone’s consumer business. It has been a deal months in the making. Hannah Gannage-Stewart looks at the behind-the-scenes negotiations
Blake Lapthorn, Boyes Turner and Morgan Cole are in talks over a three-way merger which would create a new top 40 UK firm with revenues closing in on £100m.
Slater & Gordon has confirmed to the Australian Securities Exchange (ASX) that a sale agreement for £33m has been made with Pannone.
Yorkshire-based ABS Minster Law is to launch a London office of 30 people in the City.
Irwin Mitchell has lost six partners and a team of 24 lawyers and support staff after being raided by TLT in Manchester.
Plans to demerge Pannone to Slater & Gordon have hit a wall again, with the deal completion date delayed for a third time until today (27 November).
Cardiff-headquartered Morgan Cole has appointed two partners and nine lawyers to its health and social care team in its Thames Valley offices.
More than 100 firms have ben warned to prepare for the worst case scenario after failing to secure professional indemnity insurance (PII) on the open market ahead of the 1 October renewal deadline.
Addleshaw Goddard partner joins Britvic as GC subscription
Soft drinks company Britvic has appointed Addleshaw Goddard M&A partner Clare Thomas as its new general counsel after a period of secondment.
Wragges thinks twice subscription
LG may have lost its original lustre but this could still be a marriage of convenience
Watson Burton has lost another two partners, this time around to DAC Beachcroft in Newcastle.
DWF spent almost £17m on its expansion last year, the firm’s newly-released LLP accounts have shown.
Hogan Lovells has confirmed it will merge with full-service South-African outfit Routledge Modise on 1 December.
Hill Dickinson has posted a 6 per cent rise in revenue for the first half of 2013/14 up from £51.9m to £54.9m.
Lawrence Graham (LG) and Wragge & Co are in merger talks to create a £170m firm, partners were told today.
DAC Beachcroft has issued a £10m cash call to the firm's LLP members while increasing its rolling credit facility to £40m as it pushes toward a revenue target of £200m for the 2013/14 year end.
DWF has continued its upward trajectory with revenue up 57.5 per cent at the half year, with growth largely driven by the February acquisitions of Fishburns and Cobbetts.
Cardiff-headquartered Morgan Cole is transferring its Bristol-based volume claims and catastrophic insurance teams, including five partners, to DAC Beachcroft while Berrymans Lace Mawer (BLM) has picked up a partner and seven staff from the firm.
Allen & Overy (A&O), Osborne Clarke (OC) and Proskauer Rose have taken mandates advising on the $1.7bn (£1bn) sale of Swiss pharmaceutical giant Novartis’ transfusion diagnostics unit to Spanish plasma therapies company Grifols.
JMW Solicitors half-year revenue up 26 per cent subscription
Manchester-based JMW Solicitors has posted a 26 per cent rise in turnover from £6.3m to £7.98m for first six months of the 2013/2014 financial year.
Diversity League Table: minorities still under-represented at the top of the profession subscription
The latest Diversity League Table from the Black Solicitors Network suggests that despite improved access to the profession minority groups remain under-represented at the top.
Slater & Gordon breaks silence over Pannone takeover subscription
Australian listed firm Slater & Gordon has confirmed that it is in tie-up talks with Pannone following months of silence from the firm about the top-level discussions.
Pannone has delayed a partner vote on its proposed merger with Slater & Gordon for a second time.
Energy company KCA Deutag has appointed Pinsent Masons to its panel for employment and property across three jurisdictions in the first step of an ongoing panel review process.
G4S Risk Management GC: Security counsel subscription
Nick Economakis, GC at G4S Risk Management, is guiding the business through a run of acquisitions while protecting the company’s current assets
Shell: taking the power back subscription
Shell legal director Peter Rees is switching litigation control away from external counsel to a unified global team of in-housers
DLA Piper, HSF and DWF benefit from consolidation, while Freshfields’ global view makes it leader of the RPP pack, with a cool £4.5m. By Hannah Gannagé-Stewart
The SRA has referred two Addleshaw Goddard partners to the Solicitors’ Disciplinary Tribunal (SDT) following investigations into discrepancies relating to expenses and disbursements.
Hiscox cuts claims panel from 45 to 13 firms subscription
Hiscox has become the latest financial institution to cut its panel, with the insurer slashing its claims roster from 45 to 13.
Hill Dickinson has expanded its London reinsurance practice through the hire of a two partners from US-firm Riker Danzig Scherer Hyland & Perretti.
Aviva work: the price of a merger subscription
As Greenwoods’ Aviva team heads off to DWF, are they that sadly missed?
An unspecified number of jobs have been put at risk in Harper Macleod due to restructuring of its insurance department.
Kennedys' Simpson & Marwick merger postponed subscription
Kennedys’ merger with Scottish firm Simpson & Marwick has been delayed because “aspects of the merger could not be finalised within the ambitious timetable”, according to a statement today.
TLT scoops former Irwin Mitchell Manchester head subscription
Irwin Mitchell’s Manchester commercial litigation chief John Lord is to join TLT following the firm’s Manchester launch in July.
Slater & Gordon’s planned takeover of Pannone has hit delays with the firm forced to allay individual concerns before any acquisition can go ahead.
Eversheds sets up shop in Kurdistan subscription
Eversheds has opened a base in Erbil in an expansion of the firm’s Iraq presence following its merger with Middle East law consortium KSLG in 2011.
Irwin Mitchell has appointed Pinsent Masons’ former dispute resolution and litigation head Nigel Kissack as its head of commercial litigation after a two-year recruitment drive to find the right candidate.
Hill Dickinson is to launch a reputation management team in London after taking a two-partner team from media boutique PSB Law, which has shut up shop following the exits.
Pannone partners have voted in favour of the proposed sell-off of the firm’s consumer business to Slater & Gordon.
Hill Dickinson names new Sheffield managing partner subscription
Hill Dickinson has appointed Alastair Reid as head of its Sheffield office following the death of the firm’s former Sheffield office managing partner Neil Thompson in June.
Elections are underway at Herbert Smith Freehills as the firm looks for successors to joint CEOs David Willis and Gavin Bell, who are retiring from the firm.
JMW secures £2.5m in banking facility transfer subscription
Manchester-based firm JMW Solicitors has secured £2.5m to invest in future growth by moving its banking facility from Royal Bank of Scotland (RBS) to Barclays.
Soaraway Slaters subscription
Slater & Gordon is on the brink of the consumer law big-time
Irwin Mitchell seeking new partnership in Spain subscription
Irwin Mitchell is closing in on a deal with an unnamed Spanish firm which will determine the future of its Spanish subsidiary, Irwin Mitchell Abogados.
Another Mancunian merger for Slater & Gordon? subscription
Could Slater & Gordon achieve its stated aim of becoming a top consumer brand by acquiring Pannone?
Slater & Gordon is circling Manchester-based Pannone with the intention of making the firm’s consumer business its next strategic acquisition.
Keystone ends recruitment drive at 132 lawyers subscription
Keystone Law has closed its 14-month recruitment drive with the addition of a final eight lawyers into its property, employment and insurance teams, bringing the total number to 132.
Slater & Gordon launches £1m ad campaign subscription
Slater & Gordon has spent £1m with M&C Saatchi on an TV advertising campaign that comprises of three advertisements to be aired at both peak and off-peak slots.
Capita is to enter into the legal market through the acquisition of volume outfit Optima Legal Services, three years after the SRA ordered the firm to sever its relationship with the outsourcing giant.
Ex-BLP partner Somers surfaces at DLA Piper subscription
Another former Berwin Leighton Paisner (BLP) big-hitter has arrived at a rival firm, with the former Managed Legal Services head Patrick Somers joining DLA Piper today.
Eversheds has secured two lateral hires from DLA Piper in Birmingham, including corporate and office managing partner Mark Beardmore.
Pinsents boost insurance practice with Clydes hire subscription
Pinsent Masons has hired Clyde & Co partner Manoj Vaghela along with legal director Chamika Hand in its insurance group.
Shell UK, the British arm of Royal Dutch Shell Group, has completed a top-level reshuffle of its global legal team, naming Michael Coates as its new head of legal in the UK.
Covington & Burling has hired Stephenson Harwood financial and regulatory partner Charlotte Hill into the London office.
Brown Rudnick IP head joins Irwin Mitchell subscription
Irwin Mitchell has boosted its intellectual property practice with the appointment of Brown Rudnick’s IP head Georgie Collins.
Slater & Gordon's stairway to high street heaven subscription
Slater & Gordon sets out to become the biggest name in UK consumer law
Kennedys bulks up in LatAm with Colombia alliance subscription
Kennedys has entered into an association with Bogota-based insurance litigation and arbitration boutique Botero Salazar Tobo´n & Abogados (BST).
Baker & McKenzie corporate partner James Reed has joined DAC Beachcroft’s company and commercial team in Bristol.
Clyde & Co is planning further expansion across Asia after entering into a formal association with seven-partner Indonesian firm Lubis Ganie Surowidjojo (LGS).
Slater & Gordon has topped off a month of merger activity with the completion of a move into the Liverpool market through a tie-up with personal injury firm Goodmans Law.
Kennedys to merge with Scottish firm Simpson Marwick subscription
Kennedys has confirmed it is to merge with Scottish law firm Simpson & Marwick on 1 November.
Clifford Chance has missed out on a spot on Aviva’s new group and UK panel, following a similarly unsuccessful pitch for the insurance giant’s plc roster in April.
Accident claims company Helphire Group has given its backing to a barrister-led alternative business structure specialising in road traffic accidents (RTA).
Cornish-headquartered Follett Stock has agreed a settlement with solicitor Kate Baker, who accused managing partner Chris Lingard of bullying her while she worked at the firm.
Manchester-headquartered insurance firm Horwich Farrelly has appointed Allianz Global Assistance UK (AGA UK) chairman Mike Webb to its board in a bid to forge deeper relationships with the insurance industry.
Australian listed firm Slater & Gordon has announced a 10 per cent increase in UK turnover and the acquisition of UK personal injury practice, Fentons.
The Metropolitan Police have questioned Linklaters litigation partner John Turnbull on behalf of News UK as part of the ongoing phone hacking investigation.
Keystone Law gains ABS approval subscription
Keystone Law has been approved as an alternative business structure (ABS) by the Solicitors Regulation Authority and will convert to the new status on the 21 October 2013.
Australian listed firm Slater & Gordon has finalised its acquisition of Taylor Vinters’ Cambridge-based personal injury and Court of Protection practice.
DWF Biggart Baillie has lost two commercial property partners to 38-partner Scottish firm Brechin Tindal Oatts (BTO).
Insurance broker Aon Risk Solutions has stepped into the breach following the news that XL Insurance and AIG intend to significantly reduce their market share in the solicitors professional indemnity (PII) market.
Hill Dickinson’s Sheffield head of commercial litigation Giles Searby is set to leave the firm in favour of local outfit HLW Keeble Hawson, but the firm is bolstering its Manchester fraud team with a hire from Keoghs.
Reynolds Porter Chamberlain (RPC) has lost two members of its insurance practice, including reinsurance chief Simon Kilgour and partner Jason Bright.
National chambers St Johns Buildings has elected family silk Sally Harrison QC as head of chambers, following the appointment of Anthony Hayden QC to the High Court’s family division.
Irwin Mitchell wins first Wells Fargo instruction as quartet of firms advise on Commerzbank deal subscription
Irwin Mitchell has picked up a new client with a role alongside Allen & Overy (A&O), Ashurst and Dechert on Wells Fargo’s acquisition of part of the £4bn Hypothekenbank Frankfurt (formerly Eurohypo) real estate loan book from Commerzbank.
Hill Dickinson issues £2.8m cash call subscription
Hill Dickinson has issued a £2.8m cash call to its partners to stabilise its balance sheet after a year of heavy investment.
Tough at the top subscription
DLA Piper managing partner Nigel Knowles on the prolific growth of the firm.
Working through tribunal changes subscription
After a considerable amount of work, the Government has finally introduced new rules for employment tribunals this week.
SJ Berwin and King & Wood Mallesons have voted in favour of a $1bn tie-up. But both have been discussing mergers with various firms for several years. We take a look back at their paths to global domination.
DLA Piper Glasgow staff reject Edinburgh move subscription
A majority of the DLA Piper staff asked to relocate to Edinburgh from the firm’s defunct Glasgow office have turned down the offer, with just eight out of 30 staff deciding to make the move.
Hill Dickinson has cut 83 roles following the consultancy launched earlier this year.
Irwin Mitchell revenues break £200m mark subscription
Irwin Mitchell has broken through the £200m mark for the first time, with revenues climbing 5.3 per cent rise from £190.1m to £200.2m at the latest financial year.
Hill Dickinson offloads Chester office to Knights subscription
Private equity-backed Knights Solicitors has bolted on four partners and 20 staff through the acquisition of Hill Dickinson’s Chester office.
Brodies has hired DLA Piper partner Neil Burgess into its corporate team.
DLA's absent friends in the North subscription
DLA Piper in Manchester reshuffle as partner exodus continues
Clyde & Co sets sights on further global growth subscription
Clyde & Co is eyeing further expansion in Africa, Latin America and the US during the current financial year after its international practices grew by 12 per cent in 2012/13.
DLA Piper has appointed finance and projects partner Liam Cowell as its new Manchester office head, following the decision of incumbent David Gray to step down at the end of the year.
Herbert Smith Freehills (HSF) and Linklaters have triumphed in the crucial pension scheme deficit case brought by the administrators of the Lehman Brothers International (Europe) and Nortel schemes in the Supreme Court.
Berwin Leighton Paisner’s (BLP) revenue has fallen 5 per cent from £246m to £233m at the end of 2012/13.
Eversheds has secured a multi-million pound contract to be the primary provider of routine legal work to US water pump company and Tyco spin-off Pentair Flow Control.
Dundas & Wilson has reported a 10.6 per cent fall in turnover from £54.5m to £48.7m at the end of the 2012/13 financial year.
Parabis adds 11 to partnership subscription
Parabis has unveiled its first round of promotions since merging with Greenwoods in May.
Logistics giant Eddie Stobart becomes the latest ABS subscription
Logistics company Stobart Group has been granted an ABS licence for its latest legal enterprise, One Legal Ltd.
DAC Beachcroft cuts five fee-earners from employment subscription
DAC Beachcroft has cut five fee earning positions after restructuring its London employment and pensions team.
Geldards has confronted its third consecutive year of flat financials with plans to acquire niche public services practice TPP Law.
Keystone Law has kicked off its international expansion strategy by opening its first overseas office in Guernsey.
DAC Beachcroft has announced revenues of £188.2m for the financial year 2012/13, up by 14 per cent from £164.8m in the audited accounts for 2011/12.
Vinson & Elkins (V&E) has hired Salans’ former head of UK international arbitration, George Burn, from Dentons to join its London office.
Hill Dickinson’s financial results have shown a 15 per cent drop in average profit per equity partner (PEP) and 11 per cent drop in net profit, despite posting a slight increase in turnover for 2012/2013.
Matrix goes global with Geneva launch subscription
Gray’s Inn set Matrix has set out plans for expansion overseas after launching its first international office in Geneva.
DAC Beachcroft boosts London office with partner duo subscription
DAC Beachcroft has strengthened its corporate insurance and health real estate teams with two partner hires in London.
BLM to open Lloyd's of London desk subscription
Berrymans Lace Mawer LLP (BLM) is to open a desk in the Lloyd’s of London building, its second office in the City.
Shakespeares: Much ado about mergers subscription
As you might expect from the CEO of a firm with a track record of making as many acquisitions as Shakespeares has, Paul Wilson is a pragmatic chap.
Simmons & Simmons has posted a slight drop in turnover from £251.7m to £250.3m for the 2012/13 financial year, with a similar drop in average profit per equity partner (PEP).
Despite posting a rise in turnover, Shoosmiths has reported a drop in net profit and average profit per equity partner (PEP) for the 2012/13 financial year.
DAC Beachcroft has announced a formal association with São Paulo-based corporate and commercial firm, Wongtschowski & Zanotta (W&Z) today.
Revealed: Eversheds' 45 partner exits in 18 months subscription
Eversheds has seen approximately 45 partners leave the firm since the start of January 2012.
Insurance giant Aviva pushes back panel review subscription
Insurance giant Aviva has put back a review of its UK and group panel, with the overhaul originally scheduled to finalise this week.
Private equity-backed Knights Solicitors has appointed a team of six town planners to the firm’s real estate team.
Eversheds’ partners have given support to the firm’s vision of change, with a majority voting in favour of a transformative strategy.
City lawyers get behind legal aid campaign subscription
The City of London Law Society (CLLS) has joined the fight to defend access to justice in publicly-funded legal work following Government proposals to slash legal aid funding.
Shakespeares has posted revenue of £39.6m for the financial year 2012/13, up 34 per cent from £29.6m in 2011/12 following its latest merger in September.
Addleshaws hires Abramovich litigator from Skadden subscription
Addleshaw Goddard has hired former Skadden Arps Slate Meagher & Flom litigator Kambiz Larizadeh as a partner in its City litigation practice.
Awards: All-round good guys subscription
Some firms performed exceptionally well in several categories – how clever are they
Awards: Focused groups subscription
Small boutiques are acknowledged for their big achievements
A petition against the government’s proposed legal aid reforms will be considered for debate by the Backbench Business Committee having attracted more than 100,000 signatures today.
Around 60 staff have taken voluntary redundancy at Hill Dickinson’s Liverpool office, it has emerged today.
DLA Piper freezes Australian partner remuneration subscription
DLA Piper’s Australian managing partner Andrew Darwin has told staff and partners not to expect pay rises as the firm had failed to meet targets in the region.
Simmons & Simmons senior partner Colin Passmore has been unanimously re-elected for a second term.
The SRA has announced that it is considering the introduction of a financial rating criteria for professional indemnity insurance (PII) underwriters.
MoFo faces negligence claim from energy client subscription
Morrison & Foerster is in the High Court this week defending a professional negligence claim brought by energy investment company Petrocapital Resources over a share transaction.
Kennedys posts 9 per cent revenue hike subscription
Kennedys has recorded a 9 per cent increase in turnover, from £109m in 2011/12 to £117m for 2012/13.
The first female judge in the Supreme Court, Baroness Hale, has made history again by becoming the first woman to be named deputy president of the top court.
Debevoise & Plimpton and Hogan Lovells have advised on a $64bn (£41.7bn) joint venture between a US financial services provider and Henderson Global Investors.
ATE insurance special report: What’s the damage? subscription
After-the-event insurance has been a popular way of protecting claimants against a loss in litigation but its future is now in question
Irwin Mitchell has expanded its family practice in the north-west with the hire of two partners in Manchester and one in Leeds.
Morisons Solicitors and HBJ Gateley have been appointed to advise on the administration of Edinburgh football club Heart of Midlothian FC.
DAC Beachcroft has confirmed that senior members of its London employment and pensions team will face a redundancy consultation.
Clyde & Co has hired two partners from US firm Robins, Kaplan, Miller & Cires to launch its fourth US office in Atlanta.
Pinsent Masons has broken through the £300m barrier to post a five per cent increase in turnover from £295m to £309m, a year after its merger with McGrigors.
Clyde & Co hires new litigation partner from Manches subscription
Manches litigation partner Margaret Tofalides has defected to Clyde & Co.
Latin America: Beyond Brazil subscription
There’s more to Latin America than Brazil for ambitious law firms these days, with the Andean nations looking particularly promising
Number crunching: Addleshaw Goddard subscription
The past five years have not been easy for Addleshaw Goddard. The firm’s revenue fell 7 per cent from £173.1m to £161.9m between 2008/09 and 2010/11 and despite finances looking up in 2011/12, when Addleshaws reported a 30 per cent increase in net profit, it has shown no notable compound growth in turnover since 2007/08.
Olswang has hired Eversheds’ tax partner Andrew Quayle to boost its employee incentives team.
DAC Beachcroft international senior partner Danny Gowan is to retire prompting a shakeup of the firm’s board.
Reynolds Porter Chamberlain (RPC) has announced a revenue increase of more than 20 per cent from £68m in 2011/12 to £82.1m at the end of 2012/13.
Clyde & Co has posted a 17 per cent rise in turnover from £287m to £336.6m at the end of the 2012/13 financial year.
Gordons has hired former Addleshaw Goddard partner Simon Pilling as a corporate partner in its Leeds office.
A&O, Ashurst join US duo on £935m Vue cinema sale subscription
Allen & Overy (A&O), Ashurst, Debevoise & Plimpton and Skadden Arps Slate Meagher & Flom have advised on the sale of cinema operator Vue Entertainment
The Lawyer reports from the front line of legal aid cuts as law centres and charities fear for the future of the UK justice system.
Financial technology developer Media Ingenuity has snapped up in-house IT and IP specialist Melin Tarafdar from JPMorgan Chase as its new general counsel.
Pinsent Masons is to launch a new product capable of monitoring compliance across thousands of suppliers simultaneously and flagging up breaches.
DWF reports 84 per cent growth to £188m subscription
DWF has posted turnover of £188m at the close of 2012/13, an 84 per cent increase from £102m last year.
DWF has appointed the former chairman of Eversheds International David Gray as a non-executive board director.
Maclay Murray & Spens promotes two to partnership subscription
Scottish firm Maclay Murray & Spens (MMS) has expanded its partnership with two promotions.
RadcliffesLeBrasseur tax and private client chief Simon Goldring is to join Trowers & Hamlins as head of private wealth.
Addleshaw Goddard is to enter into an exclusive strategic alliance with Japanese firm Hashidate Law Office after a 15-year best friend relationship with the firm.
Addleshaws late to the world party subscription
Firm is playing catch-up in the international arena
Jeremy Cross, Anesco: Green keeper subscription
As head of legal, Jeremy Cross is guiding eco-energy specialist Anesco through its growing pains - and it is growing fast
Kennedys will formally merge with aviation practice Gates & Partners this weekend (1 June).
DAC Beachcroft has bolstered its Madrid partnership with the hire of Ruth Duque, who formerly oversaw legislation policy at the Spanish regulator, the Directorate General of Insurance and Pension Funds.
Fee income at Addleshaw Goddard has remained static over 2012/13 with the firm posting a revenue drop of two per cent from £170m to £167m.
Eversheds has added four new sector groups and overhauled a number of key leadership positions in a wide-ranging management shake-up.
Shakespeares is planning its sixth acquisition since 2010 through a tie-up with Leicester firm Marrons.
Soho sex shops defeat Westminster Council in CoA subscription
The Court of Appeal (CoA) has ruled that Westminster City Council charged excessive licensing fees to Soho sex shop owners.
Lawyers criticise court "privatisation" proposals subscription
The legal community has warned against the dangers of privatising the court system as the Ministry of Justice (MoJ) denied it was planning to sell off courts to the private sector.
#saveUKjustice: The story since 9 April videosubscription
Hundreds of lawyers gathered outside the Houses of Parliament on 22 May to protest against the government’s legal aid cuts.
Addleshaws launches Qatar office with duo of hires subscription
Addleshaw Goddard has hired partners Hussein Damirji and Martin Brown from Patton Boggs and Dentons respectively to launch an office in Qatar.
CMS turnover increases to £679.3m subscription
CMS has posted revenues of £679.3m for the 12 months to 31 December, representing a 5.1 per cent rise on 2010/11 when the firm reported turnover of £646.5m.
Lawyers are workaholics, survey says subscription
Lawyers are the most loyal and hardworking professionals in the UK, new research by legal recruiter Robert Walters claims today.
Eversheds cuts 116 roles following consultation subscription
Eversheds has cut 116 roles at the end of its latest redundancy consultation, which saw 166 lawyers and non-lawyers put on notice in January.
Clydes makes eight redundant following consultation subscription
Clyde & Co has made eight support staff redundant following a consultation in the wake of 2011 merger with legacy Barlow Lyde & Gilbert (BLG).
Royal Dutch Shell unveils new look panel subscription
Baker & McKenzie, CMS Cameron McKenna and Debevoise & Plimpton are amongst the new firms appointed to Royal Dutch Shell’s revamped legal panel, which consists of more than 150 firms.
Seven jobs go at Trowers & Hamlins subscription
Trowers & Hamlins has announced that it has made seven redundancies since March.
Bath-headquartered Thrings has named company commercial head Simon Holdsworth as its new managing partner succeeding Thomas Sheppard.
Kennedys has signed a three-year outsourcing deal with Integreon that will see five library and information services staff transfer to the back office services provider.
Eversheds has secured a three-year fixed fee contract with the International Air Transport Association (IATA) in Africa and the Middle East.
Hygiene giant Colgate Palmolive added Bond Dickinson to its panel just weeks before the merger between Bond Pearce and Dickinson Dees, The Lawyer has learned.
Irwin Mitchell closes in on £200m turnover subscription
Irwin Mitchell’s legal practice is closing in on the £200m revenue mark, with the firm’s commercial business generating revenues of £40m over the last financial year.
Eversheds is set to open its Beijing office with two new hires.
Quinn Emanuel plans Hong Kong launch subscription
Quinn Emanuel Urquhart & Sullivan is to launch in Hong Kong after hiring arbitration lawyer John Rhie from Kim & Chang.
Hugh James adds three to partnership subscription
Cardiff-headquartered Hugh James has added three lawyers to the partnership in its latest round of promotions.
Lawyers and support staff in DWF’s Edinburgh and Glasgow offices have been put on redundancy notice as part of the firm’s wider restructuring programme.
Birmingham-headquartered Shakespeares has added a six-lawyer team from Eversheds, led by real estate partner Brendan Walsh.
Riverview Law has signed its first formal strategic alliance with DMH Stallard in a move that will see Riverview refer work to the south-east firm.
Quinn Emanuel launches in Sydney with HSF partners subscription
Quinn Emanuel Urquhart & Sullivan has hired two Herbert Smith Freehills partners to launch its first move into the Australian market.
Ince & Co hires DLA Asia projects head subscription
Ince & Co has hired former DLA Piper managing partner and Asia projects head Martin David to lead its Asia energy practice.
DWF bulks up real estate with Eversheds team subscription
DWF has recruited 13 lawyers, including five partners, from Eversheds’ Manchester and Newcastle offices in a boost to its property department.
The personal injury (PI) legal market is consolidating rapidly with three new mergers being announced yesterday.
Simmons & Simmons has been granted a licence to operate in Singapore by the state’s Attorney General’s Chambers.
Peverel Group names new head of legal subscription
Property management company, Peverel Group, has appointed Nigel Hirst as head of legal and company secretary.
Mayer Brown wins pitch to guide courier group’s management as UK and US firms clinch advisory roles
Single-office London firm Forsters has made up two partners in its latest round, half the number of last year.
Simmons & Simmons unveils reduced partnership round subscription
Simmons & Simmons has unveiled a reduced partnership round for 2013, taking seven partners into the fold compared with ten last year.
The majority of in-house salaries rose in the last financial year, according to new figures.