DMH Stallard outperforms PEP target

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Latest Briefings

Video: How to health check the anatomy of your legal matters

By Rob MacAdam With clients expecting more efficiency, transparency and value from their lawyers, it’s time for law firms to re-engineer their legal service delivery into real competitive advantage. In this video, Rob MacAdam, Director of Legal Solutions, identifies six elements that make up the anatomy of a legal matter, and discusses what improvements can be […]

Updates on proportionality of costs in court proceedings

By Gwendoline Davies, Claire Acklam Anyone involved in the conduct of litigation will be aware that the ‘overriding objective’, at rule 1.1 (1) of the Civil Procedure Rules (CPR), requires cases to be dealt with “justly and at proportionate cost”. Unfortunately, the question of what is proportionate continues to cause confusion and dispute.  In this latest […]

Women on Boards – As they progress, businesses thrive

By Susana Almeida Lopes Women represent 50% of the working population and are as much or more educated and qualified as men are. However, the problem of gender diversity (or lack of it), especially in top positions in organisations, is a persistent societal problem, and there are (many) studies that, if concrete measures are not taken, […]

Franchise resales – should franchisors be involved?

By Emma Lusty It is a common misconception that a franchise network with a high level of resales is a bad sign. In fact, a healthy resale market is a good sign. It means that franchisees are able to build up profitable businesses which can be sold to recover a return on their initial investment and […]

New EU directive – How will it affect family-related leave in Hungary?

By Daniel Gera, Dorottya Gindl Gender equality may be a core EU principle, but it will not become a reality without effective legal action. To meet the EU objective of reaching a 75% employment rate for both men and women by 2020, the European Commission aims to change the existing legal framework. Thus, the European […]

Recommended

Watson Farley targets improved leverage ratio

Top 50 firm Watson Farley & Williams is aiming to increase dramatically its leverage ratio in a bid to boost its profitability. The 59-partner firm, which had a relatively low leverage ratio of 1.9 in 2004-05, has deliberately increased its lawyer numbers at a greater rate than it is growing its partnership. Managing partner Michael […]

That’s the way to do it

Congratulations to Shoosmiths, which won Management Team of the Year at The Lawyer awards. It posted another rise in profit per equity partner this year of 16 per cent, to £396,000 – the fifth consecutive year of profit increase. Turnover was up 23 per cent. Other national firms, take note.

Stearns secures record fees on ExxonMobil case

Miami-based law firm Stearns Weaver Miller Weissler Alhadeff & Sitterson’s dreams came true earlier this month when a Miami federal judge awarded it $249m (£135.21m) in fees. The ruling, one of the largest fee awards on record in the US, follows Stearns’ successful representation of 11,000 petrol station owners in a $1.1bn (£597.32m) class action […]

Olswang chief throws in Thames Valley towel

The head of Olswang‘s Thames Valley office has quit after six months as the firm’s ambitious growth plans have stalled. Paul Wilson, an Olswang board member, joined in January. He was previously chief executive of Birmingham barristers’ chambers St Philips and was hired with a remit to grow Olswang’s Reading office. Last Monday (10 July) […]

North East champion eclipses rivals with standout results

This year has been kind to the Geordies, with Watson Burton in particular recording blockbusting financials. Well clear of their regional competitors and most national rivals, partners at the firm toasted an average profit per equity partner (PEP) for 2005-06 that was up by 38 per cent, blasting from £515,000 last year to an astonishing […]

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