DMH merger opens door to London

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Latest Briefings

Bulgaria: CPC deems minimum hotel accommodation prices anti-competitive

The Ministry of Tourism recently proposed the introduction of minimum prices for sites categorised as ‘accommodation places’. In Decision 529/10.05.2018, the Commission for Protection of Competition (CPC) opined on the proposal’s compliance with competition rules. The CPC held that setting minimum prices for accommodation places would limit price competition between hotels. Minimum prices cannot guarantee…

Social housing monthly law update – June 2018

This month’s TLT’s law update on all things affecting social housing includes: Automatic disqualification rule changes: Charity Commission declarations GDPR enforcement and penalties: What you need to know Dress codes in the workplace: New government guidance Government announces it will fully fund unsafe cladding removal in social housing Viability argument for 10% affordable housing fails…

From footfall to clicks – experts talk retail risk

By Gary Assim and Sarah Teal Poundworld has entered administration, and just before that it was announced that House of Fraser would be closing 31 stores, many of which are in some of the UK’s largest cities. It is no secret that many retailers have been adversely affected by the shopping habits of consumers, ever […]

Austria: The time has come – Federal Procurement Act 2018 just around the corner

More than four years after the entry into force of the new EU Public Procurement Directive (2014/24/EU), more than two years after the deadline for transposition and more than one year after publication of the first transposition draft, the time has come. Following the respective resolutions of the Council of Ministers and the Federal Council […]

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Fladgate Fielder – UK 100

Turnover: £20.3m Profit per equity partner: £393,000 Equity spread: £195,000-£635,000 Net profit: £5.1m Profit margin: 25 per cent Salaried partner remuneration: Fixed-share partner average £150,000, salaried partner average £90,000. Revenue per lawyer: £312,000 Revenue per partner: £615,000 Revenue per equity partner: £1,562,000 Cost per lawyer: £234,000 Profit per lawyer: £78,000 No of partners: 33 No […]

Arnold & Porter bags securities team

Washington DC-based Arnold & Porter has bagged a team of six securities litigation lawyers from the DC office of Texas firm Fulbright & Jaworski. Michael Trager, who heads the team, joins Arnold & Porter as a partner and head of the firm’s securities enforcement practice. He is joined by partners Richard Jacobson and Charles Wenner […]

Taylor Vintners- Rising 50 – 2005

Turnover: £11.38m Revenue per partner: £406,300 Revenue per lawyer: £162,500 Total number of partners: 28 Total number of fee-earners: 93 Total number of fee-earners (excluding consultants, paralegals, trainees etc): 70 Total number of support staff: 95 Office: Cambridge Equity structure: Lockstep Core business: Corporate and commercial, private client, property Clients: Bayer CropScience, Cambridge Antibody Technology, […]

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UK/global turnover: £7.3m/£198m UK/global PEP: £140,000/£494,000 UK/global revenue per lawyer: £228,000/£389,000 UK revenue per partner/equity partner: £600,000/£600,000 Global revenue per equity partner: £1.4m UK/global number of partners: 13/141 UK/global number of lawyers: 32/509 UK number of staff: 75 UK/global leverage ratio: 1:1.4/1:2.6 UK equity partner to staff ratio: 1:5.7 Equity structure: Merit based. Billable hours […]

TLT Solicitors – UK 100

Turnover: £17.5m Profit per equity partner: £220,000 Equity spread: £158,000-£230,000 Net profit: £3.9m Profit margin: 22 per cent Salaried partner remuneration: £80,000 (average) Revenue per lawyer: £112,000 Revenue per partner: £461,000 Revenue per equity partner: £972,000 Cost per lawyer: £87,000 Profit per lawyer: £25,000 No of partners: 38 No of equity partners: 18 No of […]

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