Covent Garden-based Fladgate has begun the 2014/15 financial reporting season by posting a provisional 14 per cent rise in turnover, with total revenue hitting a record £37m. The firm has also reported a provisional 17 per cent increase in average profit per equity partner (PEP), from £540,000 to £630,000. Last year Fladgate reported a 16 […]
The barristers’ regulator, the Bar Standards Board (BSB), has revealed the names of the 15 new businesses that have been authorised as entities. The body began accepting applications for barristers to become entities in January. The new BSB-regulated businesses allow for the creation of “advocacy-focused” partnerships between barristers and solicitors. Entities are “companies or partnerships […]
Cleary Gottlieb Steen & Hamilton and Slaughter and May have taken the lead roles on Santander Asset Management’s multi-billion euro merger with Pioneer Investments. Cleary Gottlieb partners Simon Jay and Gabriele Antonazzo are acting for Santander Asset Management, Warburg Pincus and General Atlantic, along with associates Magnus Jones and Lauren Briggs. Meanwhile, Pioneer Investments (owned […]
Former Lend Lease EMEA general counsel Patrick Gloyens has joined Michelmores as a real estate partner. Gloyens, who had been responsible for all Europe, Middle East and Africa legal affairs at construction giant Lend Lease, stepped down last year after six years in the role (23 July 2014). He was replaced by senior counsel Mark […]
Travers Thorp Alberga (TTA) has strengthened its corporate and funds team with the hire of former Herbert Smith partner and FourWinds Capital Management general counsel Louise Freestone. Freestone was a partner at legacy Herbert Smith until 2008, when she joined investment management company FourWinds as general counsel. She left the company last year. FourWinds’ group […]
Berwin Leighton Paisner has announced its intention to double the number of staff at its Manchester office. The office, which opened in August last year, is aiming to increase the number of employees working there from 50 to 100 by the end of the financial year. The launch of BLP’s Manchester hub was part of […]
Dentons has promoted 10 lawyers to partner in the UK, Middle East and Africa (UKMEA), up from six last year. The appointments cover four of Dentons’ offices in the UK, Saudi Arabia and Oman and bring the total number of partners in the UKMEA region to 162. Of the 10 lawyers promoted, six are based […]
Fried Frank Harris Shriver & Jacobson’s London head of international disputes Nick Cherryman has joined King & Spalding as a partner. Cherryman officially left the firm last week (21 April). Partner Justin Michaelson has been promoted to head of the practice. Michaelson featured in The Lawyer Hot 100 in 2014 (13 January 2014). He joined […]
US firm Orrick Herrington & Sutcliffe is shutting down its Frankfurt and Berlin offices to concentrate its German presence on Düsseldorf and Munich. Around 17 lawyers and legal professionals are expected to be affected by the closures including five partners, though it is unknown how many will leave the firm. Orrick said it had offered […]
Italian firm Gianni Origoni Grippo Cappelli & Partners has signed a formal alliance agreement with Chinese firm Han Kun Law Offices. The move follows Gianni Origoni’s launch in Hong Kong last year (15 October 2013). Han Kun also launched a Hong Kong office through an association with Choy Cheung & Co in December last year […]
Clifford Chance has slashed its focus on Asia in a 25-strong partner promotions round that sees just three made up in the region. Last year the magic circle firm made up 21 partners with one third of the promotions based in Asia (23 April 2014). This year’s promotions round is the largest since 2012, when […]
The next round of the Legal Harmony choir competition for lawyers kicks off next week – but what are the advantages to setting up a firm choir? It’s lunchtime at a law firm’s office somewhere near you. The anticipated rush to the sandwich shop fails to materialise for some. For those individuals a smallish room […]