Trend of equity tinkering set to grow as another firm gets rid of salaried partners

Moore Blatch has become the latest firm to make changes to its equity model, following a spate of similar moves by law firms in 2019.

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Moore Blatch’s PEP drops by 61 per cent as firm focuses on investment

Average profit at Southampton-headquartered Moore Blatch fell sharply in 2013/14, from £344,000 in 2012/13 to £133,000. The firm’s equity spread also saw significant reductions, with the bottom of equity falling from £234,000 to £92,000 and the top of the equity reducing from £346,000 to £145,000. The 30-partner firm’s net profit stood at £1.4m, a profit margin […]

Moore Blatch launches City office

Hampshire firm Moore Blatch has hired corporate finance partner Stephen Clow from DMH Stallard to launch a new London office. The City office will be Moore Blatch’s fifth location in the UK, following Richmond, Southampton, Lymington and Whiteley. The new office will focus on capitalising on the increasingly active AIM and ISDX markets. Clow, who […]

Paypal

Latham and Skadden lead on PayPal’s £4bn acquisition of online shopping tool

Latham & Watkins and Skadden, Arps, Slate, Meagher & Flom have acted on PayPal’s $4bn (£3.1bn) acquisition of online shopping tool Honey. Skadden advised PayPal, led by corporate partner Michael Mies in Palo Alto, with antitrust/competition partner Ingrid Vandenborre in Brussels. Latham acted for Honey Science Corporation, led in Los Angeles by corporate partners Alex […]

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