Latest Briefings

10 stumbling blocks in a business exit

Every business exit is different and a seller’s requirements will vary depending on the nature of their target business, the parties involved and the wider commercial climate. Even so, common issues crop up regularly.

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Dollars

Simpson Thacher tops litigation RPL ranking – but no UK firm makes top 25

Simpson Thacher’s litigation lawyers generated more than $3m each last year, placing the New York firm at the top of the revenue per lawyer (RPL) ranking in the new Global Litigation 50 report, The Lawyer can reveal. Indeed, Simpson Thacher ($3.02m) is the only firm with an RPL figure above $3m. Its closest competitors are […]

Juan Guaidó

Venezuela’s central bank gets appeal go-ahead in battle over gold reserves

The High Court has granted Venezuela permission to appeal a judgment in the South American country’s dispute over whom the UK recognises as its president. The decision comes after Zaiwalla & Co brought legal proceedings on behalf of Nicolás Maduro’s government over reserves held by the Bank of England, represented by Herbert Smith Freehills. The […]

Financials 2019/20: Trowers loses PEP momentum with 12 per cent drop

Trowers & Hamlins average profit per equity partner (PEP) fell 12 per cent over 2019/20 while revenue inched up by 1 per cent. Revenue at the 375-lawyer firm bumped up 1 per cent, from £105.2m to £106.2m, after Trowers hit the £100m mark over 2017/18. Having reached its highest ever PEP figure over 2018/19 – […]

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