The handy man

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Simmons stakes all on investment as profits slide

City firm Simmons & Simmons has announced a rise in turnover of 12.6 per cent to £176.9m, but is set to post average profits per equity partner of around £300,000, representing a drop of some 20 per cent.It is the second year in a row that average profits have fallen. In 2002 they fell to […]

Lex Mundi signs up Sri Lankan friend

International legal network Lex Mundi has signed up Sri Lanka’s oldest and largest firm, FJ & G de Saram.The firm has become the exclusive Lex Mundi member for Sri Lanka.FJ & G is a full-service commercial firm with a particular focus on banking, investment, telecommunications, copyrights and intellectual property.Lex Mundi has 160 firms world wide, […]

Cadwalader and Slaughter and May reunite for MyTravel battle

After Cadwalader Wickersham & Taft was slammed by Mr Justice Jacob for trying to place Slaughter and May client Colt Telecom into administration, the two firms have entered the ring again to fight over the refinancing of MyTravel. Slaughters partner William Underhill, who worked on the Colt litigation, is leading MyTravel’s fraught discussions with its […]

Leader

If Tony Blair had wanted to appease the left of the Labour Party, then abolishing the role of Lord Chancellor was a darn effective way of doing it. There’s been a broad welcome from liberals to the proposal of disentangling the legislative and judicial functions and to the establishment of a new department for constitutional […]

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