In China the proposed merger of Jun He and Zhong Lun is being described as a deal that “has never been done before”. Indeed, previous mergers between Chinese firms occur mostly among mid-tier firms, such as the deal between Shanghai-based Boss & Young and JoinWay earlier this year (21 January 2014). Another main form of […]
According to Francois Barker, head of pensions at Eversheds, the increased flexibility of new UK pensions changes announced in the 2014 Budget may not be available to all. He said: ‘These are the first steps in the government’s overhaul of the way we can access our pension savings and are changes that have come about […]
Energy, waste and renewables lawyers from Walker Morris have advised Augean on the disposal of parts of its former Waste Network division, the proposed closure of which was announced in September 2013. Augean will retain certain assets to form a new business — Augean Integrated Services based at Cannock. Of the remaining businesses of the division, […]
The April year end is almost here, and a law firm leader’s thoughts turn to financial reporting. And fish. Olswang’s chief executive David Stewart is on familiar territory. Not just talking about his firm’s performance, a topic he also addressed at the half-year stage when the firm’s six-month revenue rose by 15 per cent to […]
In China the proposed merger of Jun He and Zhong Lun is being described as a deal that “has never been done before”. Indeed, previous mergers between Chinese firms occur mostly among mid-tier firms, such as the deal between Shanghai-based Boss & Young and JoinWay earlier this year (21 January 2014). Another main form of […]
According to Francois Barker, head of pensions at Eversheds, the increased flexibility of new UK pensions changes announced in the 2014 Budget may not be available to all. He said: ‘These are the first steps in the government’s overhaul of the way we can access our pension savings and are changes that have come about […]
Energy, waste and renewables lawyers from Walker Morris have advised Augean on the disposal of parts of its former Waste Network division, the proposed closure of which was announced in September 2013. Augean will retain certain assets to form a new business — Augean Integrated Services based at Cannock. Of the remaining businesses of the division, […]
The April year end is almost here, and a law firm leader’s thoughts turn to financial reporting. And fish. Olswang’s chief executive David Stewart is on familiar territory. Not just talking about his firm’s performance, a topic he also addressed at the half-year stage when the firm’s six-month revenue rose by 15 per cent to […]
Our enormous briefings library is the best place to go to if you want up-to-the-minute summaries of latest legal developments. Here are some of the latest, from Mills & Reeve, Shoosmiths, NCTM, DLA Piper and Nabarro Mills & Reeve: High Speed 2 — the journey has started Shoosmiths: Advance Payments Code NCTM: Cultural heritage in […]
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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 […]
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 […]
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 […]
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 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 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 […]
