Revealing today double-digit revenue growth in its first six months as a listed firm, Knights is also looking to streamline its management functions with a new COO from Procter & Gamble. The appointment of Richard King as the firm’s first COO means Knights CEO David Beech can focus more on increasing the firm’s top line, new […]
Gateley, the first law firm in the UK to go public, forecasts its annual revenue to skyrocket to over £100m in its fourth year as a listed entity. Revealing its interim results this morning, the firm calculated that a string of acquisitions will contribute £13m of this increase, adding up to a revenue that is […]
Continental Europe was the highest-grossing arm of Clifford Chance’s international footprint over 2017/2018, the first time the region has overtaken the UK figures in four years. The magic circle firm’s latest LLP accounts have revealed that its offices on the Continent generated £538m of the firm’s global turnover of £1.6bn, above the UK total of […]
Watson Farley & Williams has re-elected its co-managing partners for a further five years, with the firm also revealing its half-year results for 2018/19. London-based Chris Lowe and Hamburg’s Lothar Wegener first took up the post in 2014 and will now increase their reign by five years taking them until 2024. Lowe said: “We are energised […]
UK-headquartered firms are beginning to file their LLPs for 2017/18, with Macfarlanes and Linklaters the latest to reveal the financial state of their businesses.
Hill Dickinson has posted a solid return to form in its half year results for 2018/19, generating £43.6m in turnover which was roughly 5.3 per cent over its £41.4m budget. The firm’s sale of its non-marine insurance business cast a large shadow last year, causing whole year revenues to dip below the £100m mark, though […]
The largest 200 UK law firms of 2018 have been revealed with the publication of The Lawyer UK 200: Top 100 2018.
Just over half of the UK 200 Independents think trading conditions will be tougher in 2018/19 compared to last year, exclusive data from The Lawyer has shown. Brexit is still a significant concern for the UK’s regional and national law firms, ranked 101 to 200 in The Lawyer’s annual chart. In an attitudinal survey, just over half […]
The combined revenue of the UK’s second 100 law firms has broken through the £1.5bn barrier for the first time.
In-house counsel have described DAC Beachcroft’s meeting rooms as “a miserable dungeon”, as part of an attitudinal survey on workspace carried out by The Lawyer.
More than half the European 100 either had no net change, or a net decrease, in female partner numbers last year.
Independent European firms are more worried about cyber security risks to their business than they are about global politics, Brexit or the Trump administration, exclusive research has revealed. Almost two-thirds of firms responding to the European 100 survey this year said they had identified cyber security as a risk for their business in 2018. The […]
Iberian firm Garrigues has become the first Continental European firm to break through the €350m (£307m) turnover barrier, holding its place as the largest independent firm in The Lawyer European 100. Garrigues posted a 2.2 per cent rise in revenue last year to push total income to €357.1m, keeping it comfortably ahead of French firm […]
Revenue growth slowed for many European law firms last year, with many blaming the UK’s referendum over its membership of the EU as the major cause.
Dentons has agreed a merger with Dutch firm Boekel, based in Amsterdam.
In 2016, the total turnover for the Continent’s top 100 firms broke through €9bn (£7bn) for the first time.
After a year of buoyant M&A activity and a continued flow of contentious and restructuring work, the financial results for the biggest European firms are in – and it was a record year
This week’s in-house interview sees Bjarne Tellmann, general counsel at publishing giant Pearson, go into detail about cultural change in an organisation. It took Tellmann – listed in The Lawyer Hot 100 this year, and whose function is shortlisted for In-House TMT Team of the Year at The Lawyer Awards next month – just 12 […]
Revenue and profits were up across much of the Continent last year as the European 100 gained a new top-ranked firm, France’s Fidal. Overall, 2014 was a good year across Europe. Even though not all markets are out of recession the combined turnover of the European 100 rose by around 5 per cent, to €8.6bn […]
Norton Rose Fulbright has restarted merger talks with Australian independent firm Henry Davis York (HDY), with partners expected to vote on the proposed union in the coming weeks.
Is Asia turning out to be a headache? This week we publish our annual Asia-Pacific 150, which follows hard on the heels of our new Global 200.
Volatility, consolidation and competition sum up 2015 in Asia’s crowded legal markets, exclusive research by The Lawyer has found.
Since 2013, the Top 30 firms in China has taken giant strides forward, with average revenue and headcounts soaring.
President Xi Jinping’s recent visit to Britain has supposedly opened a “golden era” in the relationship between the countries.
The first ever report into the financial results of the elite Chinese firms, The Lawyer China Elite 2015, was published on Monday. It identified the 30 largest Chinese firms by annual turnover and found that all but one posted growth in the 2014/15 financial year. Chinese giant Dacheng claimed the highest annual turnover among all […]
Overseas expansion and global alliances aside, this year’s China Elite report puts equal emphasis on the internal transformation and evolution some of the top-tier firms are currently undergoing. It will discuss how the leadership teams plan to improve firm governance, management and financial integration, which are of paramount importance for the next critical decade of […]
Corporate legal teams are under constant pressure to deliver more value to their organisations. Growing demand and changing expectations from the business mean that legal departments are adapting to embrace innovation and requiring their network of external counsel to do the same. Generally, corporate legal teams are adopting new technologies and adapting to changing pressures […]
A ban on the import into Russia of certain commodities, the country of origin of which is Ukraine or which move through the territory of Ukraine was introduced by the Decision of the Government of the Russian Federation dated 29 December 2018 No. 1716-83. The list of the commodities prohibited for import is provided in […]
The Ministry of Commerce and Industry has published Draft Patent (Amendment) Rules, 2018 (Draft Rules) for objections and suggestions. The key highlights of the Draft Rules are broadly set out below: International Applications: Patent agents will be required to file all documents, including scanned copies of documents, only by electronic transmission at the time of […]
In a long awaited move, the Ministry of Corporate Affairs (MCA) has notified the provisions of the Companies (Amendment) Act, 2017 (CA Amendment Act), relating to managerial remuneration, which are now in force with effect from 12 September 2018. By way of a notification, the amendments to Section 197 and Schedule V of the Companies […]
By Jane Weaver, Martin McKeague It is likely that, in the run-up to this Christmas, perhaps more online shopping will have been done than at any time ever before. Amid news stories about traffic congestion being caused by the growing numbers of delivery vans on our roads, and as technological innovations develop apace, retailers may be increasingly […]
By Rui Amendoeira, Miguel Soares Branco In 2016, Portugal ran for four days straight on renewable energy alone. Recent investments in renewable energies mean that currently Portugal runs approximately 60 per cent on renewable energy all year round. Without relevant oil and gas developments, this European country represents the modern approach to the energy sector with […]