Freshfields sees turnover and profit fall in 2009-10

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Lovells posts turnover rise in last year as unmerged firm

Hogan Lovells legacy firm Lovells saw a marginal increase in turnover in the 2009-10 financial year. Revenues rose 2 per cent to £542m, up from £531m in the 2008-09 financial year. Lovells merged with US firm Hogan & Hartson on 1 May. When its 2009-10 turnover figure is added to Hogan’s 2009 figure the merged […]

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Links and Slaughters advise on Diageo’s liquid pension strategy

Linklaters and ­Slaughter and May and have advised on an innovative deal that will see drinks company Diageo use maturing whisky to help plug its £862m pension deficit. The company turned to longstanding adviser Slaughters on the deal, which will see more than £500m worth of the spirit placed into a pension ­funding vehicle. The firm’s finance deputy […]

7

Links all-equity push sees PEP drop as revenues stall

93 per cent of firm’s partners now equity, from 83.5 per cent in 2009 Linklaters looks set to be toppled from its spot as the leading UK law firm by revenue as its financial results for 2009-10 revealed a dip in both turnover and average profit per equity partner (PEP). The magic circle firm saw […]

SJ Berwin hire boosts McDermott antitrust practice

McDermott Will & Emery has bolstered its antitrust and competition practice with the capture of SJ Berwin partner Wilko van Weert. He will be based in the firm’s EU competition team in Brussels. Van Weert said: “The firm has a lot of appeal for me, particularly in the area of IP-related antitrust cases. SJ Berwin’s […]

2

Postcomm denies Simmons partner conflict

Concerns of a conflict of interest surrounding Simmons & Simmons partner Jenny Block’s appointment to the postal regulator Postcomm have been raised in Parliament by Brighton Pavillion MP Caroline Lucas. Block, a competition partner and specialist on EU and UK merger control and regulation, was seconded to Postcomm as interim legal director on 1 January […]

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