Latest Briefings

Sending in the bailiffs… no longer an option for landlords

On 15 September 2020, the government announced further measures to protect commercial tenants from recovery action by restricting the ability of landlords to recover unpaid rent by utilising the Commercial Rent Arrears Recovery process (“CRAR”).

What price do you put on the environment?

The pandemic has challenged a lot of the ways we do things, and large scale on-site catering has been subject to more change than most. For some, this has meant the logistical challenge of delivering meals to residents at a distance from a central kitchen, and alongside the physical distribution, this has brought about the need to procure packaging for hot meals.

SMAs – a phoenix from the flames of Covid-19?

One of the consequences of the slowdown in fundraising caused by the recent pandemic seems to have been an increase in the use of Separately Managed Accounts as investment vehicles.

Recommended

Olswang – UK 100

Turnover: £59.4m Profit per equity partner: £345,000 Equity spread: £150,000-£500,000 Net profit: £13.8m Profit margin: 23 per cent Salaried partner remuneration: £115,000-£200,000 Revenue per lawyer: £254,000 Revenue per partner: £803,000 Revenue per equity partner: £1,485,000 Cost per lawyer: £195,000 Profit per lawyer: £59,000 No of partners: 74 No of equity partners: 40 No of female […]

Cobbetts bolsters German team

Cobbetts has added to its commercial team with the lateral hire of a partner from German firm Busse & Miessen. Jan Becher will bolster Cobbetts’ German team, which operates across the firm’s three offices in Manchester, Birmingham and Leeds. He becomes Cobbetts’ 11th commercial partner and will be based in Birmingham. Becher has worked with […]

Irwin Mitchell – UK 100

Turnover: £91m Profit per equity partner: £485,000 Equity spread: £150,000-£550,000 Net profit: £23.2m Profit margin: 25 per cent Salaried partner remuneration: £75,000 Revenue per lawyer: £146,000 Revenue per partner: £1,096,000 Revenue per equity partner: £1,896,000 Cost per lawyer: £109,000 Profit per lawyer: £37,000 No of partners: 83 No of equity partners: 48 No of female […]

Separated at birth

Charles Martin, head of Macfarlanes’ international practice group, is of course a transactional lawyer extraordinaire. In his exalted position he takes responsibility for coordinating the firm’s relationships with foreign law firms and many of its major private equity and corporate clients. So his uncanny resemblance to Dr Strangelove’s General Buck Turgidson – the warmongering soldier […]

Hearsay

Which litigator at a top 10 City firm won a new client at a beauty parade for an arbitration despite admitting he’d never done one before?

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