New lawyers hit by upturn in PC fee

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Gowling advises Cairngorm Capital on acquisition of MJ Wilson Group

International law firm Gowling WLG has advised client Cairngorm Capital Partners LLP (Cairngorm Capital) on the acquisition of M J Wilson Group Limited (MJ Wilson), the leading independent UK distributor of process instrumentation and control products. The transaction was led by Corporate, Finance and Tax partner Ian Piggin, Jade MacDonald and Stephen Bowman with support […]

Tikit enhances UK sales team

To deal with growing client demand Tikit expands its sales team with the appointment of former IT Lab employee Craig Dootson.  Craig has vast experience of the IT industry having worked across multiple areas including licensing, thin client technology, cloud hosting and Office 365.

Cedarlake acquires majority share of BMF

Cedarlake Private Equity Fund I, advised by Rantum Capital, has acquired from Argos Soditic Funds the majority of BMF Group AG, the world’s third-largest ropeway manufacturer with more than 320 employees in Switzerland. Vischer advised Cedarlake and Rantum. The team led by partner Dr. Robert Bernet comprised Dr. Peter Kühn, Sebastian Flückiger, Ruben Masar, Aron […]

Pensions in 30 Podcasts, episode 27: Termination of employment and pension losses

By Ian Chapman-Curry Key Points Calculating pension loss can be complex, especially where the employee was in a defined benefit pension scheme. The Employment Tribunal service published a 2003 guidance note which suggested two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn. During April and […]

Ogier in Luxembourg advises Echo Energy on £20m bond issue

Ogier has provided Luxembourg advice to Echo Energy plc (Echo Energy) on the raising of £20m through an issue of bonds listed on the Luxembourg Stock Exchange Euro MTF Market. Echo Energy plc is a London listed Latin American focused mid-cap oil and gas company pursuing a high value piped onshore gas strategy across South […]

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Wedlake Bell celebrates new office on billings upturn

Wedlake Bell has moved to larger premises as it reports a 5 per cent increase in turnover for the last financial year. The rise in fees to £16.6m for 2003-04 signals the seventh year of successive growth in gross for Wedlake Bell, with its London office reporting a 9 per cent spurt in turnover. As […]

Triumph of the mid-market

This was the year of the mid-size. When Berwin Leighton Paisner (BLP) released its 40 per cent profits hike in May, some thought it was a blip. It wasn’t. The Lawyer’s top 50 is a preview of The Lawyer UK100, out in September. Most figures are still provisional at this stage, so readers should refer […]

HR survey: Cobbetts

HR headSu Makin. Trainee retention rate 90 per cent. Assistant attrition rateLess than 10 per cent. Salary rangeNQ – £30,000;four-year PQE – £40,000. BonusesAnnual bonus awarded with value range between 3.75 and 6.25 per cent of salary. Training External and internal training on both legal and non-legal skills. AppraisalsAnnual appraisal system based on competency framework. […]

Cobbetts loses PZ Cussons

PZ Cussons has ditched Cobbetts in favour of Addleshaw Goddard. PZ Cussons has ditched Cobbetts in favour of Addleshaw Goddard. The move follows a decision by the FTSE 250 consumer company, which is behind brands such as Imperial Leather and Carex, to dissolve its one-lawyer in-house legal department and to outsource all of its legal […]

HR survey: Tods Murray LLP

HR headAshlie Turner. Trainee retention rate100 per cent. Assistant attrition rate7 per cent. Salary rangeNQ – £27,000-£65,000. BonusesOccasionally awarded for exceptional work or additional workload. Value up to £2,000. Training In-house seminar programmes, legal IT, management key skills. Appraisals Annual appraisals concern current performance, potential performance, future objectives and career aspirations. Partner progressionEighty per cent […]

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