Links all-equity push sees PEP drop as revenues stall

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Osborne Clarke’s PEP rises on flat turnover figure

Osborne Clarke has posted a 12 per cent rise in average profit per equity partner (PEP) for 2009-10, with partners taking home an average of £393,000. Turnover at the Bristol firm remained virtually flat at £83.7m, down slightly from last year’s figure of £84m, while UK profits increased by 5 per cent. The results represent […]

Clayton Utz hires Freshfields partner following A&O raid

Clayton Utz has continued its rebuilding process following the departure of 14 partners to form Allen & Overy’s nascent Australian practice with the recruitment of Freshfields Bruckhaus Deringer project finance partner Bruce Cooper. Cooper will join Clayton Utz’s Sydney banking practice as a partner in September. The news follows April’s hire of Allens Arthur Robinson […]

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Eversheds eschews BlackBerry in favour of iPad

Eversheds has become the latest firm to embrace the Apple brand after it signed a deal to provide its lawyers with the company’s iPad. The firm has launched a two-month pilot with around 50 members of its senior staff called Eversheds Anywhere, in which they will test out the trendy, but bulky, device. If the […]

Dispute resolution expert joins Serle Court

Former Court of Appeal (CoA) civil division vice president Sir Mark Waller has joined Serle Court’s alternative dispute resolution panel as an arbitrator and mediator. Sir Mark, who took silk in 1979, was made a Lord Justice of Appeal in 1996 before becoming a vice president of the CoA in 2006. At Serle Court, he […]

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No5 Chambers mourns death of Ralph Lewis QC

Leading barrister Ralph Lewis QC passed away on Sunday after recently being diagnosed with cancer. Lewis was voted in as head of No5 Chambers in February 2007. During his time at the helm the set grew by more than a third. Paul Bleasdale QC, acting head of chambers, said: “Ralph was a valued colleague and […]

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