2013/14 financials: a decade in figures at the magic circle

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Latest Briefings

Impact of DSARs in the GDPR Era

Since the General Data Protection Regulation (GDPR) went into effect this past May, there has been a significant uptick in the number of data subject access requests (DSARs). Due to these regulatory changes, along with steep fines and shorter deadlines to complete requests, the compliance burden on organizations has to be taken seriously. To effectively […]

British Virgin Islands introduces the Micro Business Companies Act

By Alan Hughes As a leading oÂshore Ênancial center and in keeping with its constant drive toward the development and implementation of robust, modern and progressive corporate products, the British Virgin Islands (BVI) has recently introduced the Micro Business Companies Act (the “MBC Act”) – bespoke and innovative legislation designed speciÊcally toward developing and supporting the […]

Court’s guidance on identifying a firm’s centre of interests

By Duncan Lole, Gawain Moore, Geoff Cunningham In the recent case of Re Videology Ltd, the English High Court considered the factors relevant for determining a company’s centre of main interests (or COMI) and whether it had an establishment in a foreign jurisdiction for the purposes of the Cross-Border Insolvency Regulations 2006. Walker Morris insolvency experts, Duncan […]

Redress scheme outcome challenges – Have they ended?

By Paul Gair The recent case of R. (on the application of Holmcroft Properties Ltd) v KPMG LLP 2018 WL 04636705 has confirmed that Judicial Review is not the appropriate avenue for a bank customer unhappy with an accountancy firm acting as a ‘skilled person’ in approving an offer of compensation by his bank under a redress […]

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Eversheds advises Maplin on its sale to Rutland Partners

Eversheds has advised Maplin and its management team in relation to its sale to Rutland Partners for £85m. Maplin is the UK’s biggest specialist consumer electronics retailer, with high-street and out-of-town stores, a mail-order catalogue and an online presence. The Eversheds team was led by partner Alasdair Outhwaite, assisted by associate Elizabeth Tindall and trainee […]

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All rise, as PEP growth outstrips revenue

OC leads the pack with a stonking 47% PEP boost, as early results show most top firms returning to growth Predictions of market revenue growth have been borne out by the first 25 UK 200 firms to publish figures for the financial year. All but Hill Dickinson have pushed up turnover, although it has hardly […]

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Ashurst turnover climbs to £586m, PEP up 22% after Australia merger

Ashurst has announced turnover of £586m in the first combined results since the UK firm fully merged with its Australian arm, with average profit per equity partner (PEP) hitting £801,000. The results for the 2013/14 financial year are the first to integrate the two firms’ figures, after partners voted in favour of a full financial […]

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Monckton raids Doughty Street for five-strong public law team

Monckton Chambers has taken a group of five barristers, including silk Ian Wise QC, from Doughty Street Chambers in a bid to build a top-flight public law and human rights offering. It will come as a blow to Doughty Street, which lost three media juniors to rival set Matrix at the end of last year. […]

Osborne Clarke: the M&A fees winner

The Lawyer today reveals which firms did best in terms of public M&A legal fees for the first half of 2014. UK public M&A work is down, as are fees. But as the deals markets shows signs of life, it’s not just the M&A titans that are winning. A raft of smaller firms also took […]

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