Quote of the week
“He used to get drunk at parties and they decided this was the sort of person they should have.” – Management consultant Alan Hodgart on how one firm decided on its new partners.
Two barristers quit merging Crown team
Two leading barristers are quitting the newly merged set of One Paper Buildings and 2 Crown Office Row to join rival 4 Paper Buildings. Dr Michael Powers QC and Dr Evelyn Pollock are understood to be unhappy at the way the merger is progressing and have taken the decision to leave. The decision to merge […]
Finers Stephens Innocent in further expansion
Michael Lewis will head up Finers Stephens Innocent’s private client department, while Michael Kutner joins the property department, Alan Kaufman the family division, Peter Carter the corporate department and Howard Zetter the commercial litigation department. The five will join as partners on 31 January, along with six other fee earners. Finers’ managing partner, Richard Gerstein […]
Le Clezio and Wells fight for top job
Quote of the week
“He used to get drunk at parties and they decided this was the sort of person they should have.” – Management consultant Alan Hodgart on how one firm decided on its new partners.
Two barristers quit merging Crown team
Two leading barristers are quitting the newly merged set of One Paper Buildings and 2 Crown Office Row to join rival 4 Paper Buildings. Dr Michael Powers QC and Dr Evelyn Pollock are understood to be unhappy at the way the merger is progressing and have taken the decision to leave. The decision to merge […]
Finers Stephens Innocent in further expansion
Michael Lewis will head up Finers Stephens Innocent’s private client department, while Michael Kutner joins the property department, Alan Kaufman the family division, Peter Carter the corporate department and Howard Zetter the commercial litigation department. The five will join as partners on 31 January, along with six other fee earners. Finers’ managing partner, Richard Gerstein […]
Will fair pay give a fair criminal trial?
As prosecutors look forward to more pay, John Cooper says they already have too much power. John Cooper is a barrister at 3 Gray’s Inn Square. So prosecutors are going to be paid the same as defence barristers. Whether this means defence barristers are to take a pay cut to get down to the level […]
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Shearman’s revenue closes in on $1bn barrier
Shearman & Sterling’s global turnover increased by 5 per cent over 2018, though the pace of growth has fallen behind some of Shearman’s US peers who have all reported double-digit gains this year. Turnover at Shearman rose to $955.5m in 2018, an increase of 4 per cent. This followed the addition of just $5m to […]
Addleshaws’ senior partner faces fresh challenge in firm elections
Addleshaw Goddard’s senior partner Charles Penney faces a challenge to his bid for another term, with another contender stepping forward to take on the role. Penney, who is seeking a second term in the top job, will run against contender Michael Leftley, who heads the employment, incentives & immigration group in London. Leftley has been […]
Ashfords and Boyes Turner walk away from £60m merger
South-West pair Ashfords and Boyes Turner have backed away from a merger that would have created a firm with around £60m in turnover. The firms revealed last December that their tie-up would go live on May 1, trading under the name Ashfords. That firm was by far the bigger party, generating £42.2m in 2017/18. Yesterday […]
DWF borrowings skyrocket to nearly £60m ahead of IPO
With the firm just weeks away from listing on the London Stock Exchange, DWF has revealed its borrowings increased by 43 per cent over 2017/18 to nearly £60m. According to its LLP accounts, DWF’s borrowings rose from £41.5m to £59.2m between April 2017 and April 2018. The figure is understood to be one of the largest […]
Charles Russell Speechlys snares partner duo for arts law foray
Charles Russell Speechlys is launching a new practice aimed at capturing the legal issues surrounding the art market on an international level. The practice, which will advise market players including dealers, collectors, gallery owners and artists themselves, will be spearheaded by partners Tim Maxwell and Rudy Capildeo, who will join the firm in April from London-based […]
Reed Smith’s recovery continues as turnover rises 5 per cent
Reed Smith’s global revenue has risen for the second consecutive year, exceeding levels recorded in 2015 for the very first time. Despite the 5 per cent uptick, the firm’s revenue continues to be around the $1.1bn mark. Over 2018, Reed Smith’s turnover increased from $1.119bn to $1.175bn. This compares to Reed Smith’s financials four years ago […]