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Offshore M&A drops but value remains high

Offshore M&A transactions fell by volume and value in the third quarter of 2012 compared to the previous three months, although by less than the drop recorded in 2011. The third-quarter edition of offshore firm Appleby’s M&A report shows a 10 per cent drop in volume and 17 per cent drop in value of offshore […]

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Lawyer salary hikes fall below national average, says survey

Lawyers’ salaries are rising at a slower rate than the national average, according to detailed analysis of Office of National Statistics (ONS) by recruiter Randstad Financial & Professional. Lawyers’ and solicitors’ salaries have risen by an average of 8.1per cent in the last five years, while paralegals and executive assistants have seen their wage decrease […]

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Freshfields loses corporate partner to BP

Freshfields Bruckhaus Deringer has seen Düsseldorf corporate partner Hildegard Bison leave to join the European arm of longstanding client BP in a senior in-house role. Bison, who has been at the magic circle firm for 18 years, has joined BP Europa as assistant general counsel and legal manager for FVC Rhine, the oil giant’s fuels […]

BT buys legal tech provider Tikit for £64.2m

British Telecommunications (BT) has today announced that it has reached an agreement to acquire technology group Tikit for £64.2m. The move represents the telecoms company’s most aggressive most yet into the UK legal market. Tikit is one of the largest independent suppliers of technology solutions and services to legal and accountancy firms. Its clients include […]

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Latham makes up London finance duo in promotions round

Latham & Watkins has promoted two to its London partnership as part of an 18-strong global promotions round. The annual promotion round, which is effective from January 2013, also sees the firm promote a further 21 lawyers to counsel. The total shows a slight drop on the number Latham promoted to partnership this time last […]

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