Not even a pandemic can halt China’s law firms
The booming Chinese IPO market has benefitted the Chinese law firms.
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Clifford Chance drives strategy to unite Continental European offices
Clifford Chance is spearheading a strategy that will see its Continental European offices brought into a single profit and loss account, The Lawyer can reveal. The project, internally known as ‘One Europe’, has been developed by the firm’s senior leadership in a bid to treat its offices across the UK and Continental Europe as a single team, […]
Sports Direct launches negligence claim against Deloitte
Mike Ashley’s multibillion-pound retail empire has filed a claim against its former tax advisers at Deloitte, The Lawyer can reveal. A claim was filed last week as Ashley’s Sports Direct faces mounting scrutiny from several European tax authorities over a scheme designed by the Big Four auditor. Questions have been raised as to how Sports […]
Roundtable: Talking digital strategy with Wolters Kluwer
As the end of the pandemic approaches, organisations are turning their attention away from the short term strategic thinking needed to weather lockdown and the return to the office and toward long term growth. Many of the factors and attitudes which have underpinned working life during the pandemic will be taken forward into the ‘new […]
Turn the Inns of Court into a film set
Rising rents, falling demand – Inns of Court face toughest challenge yet
Not even a pandemic can halt China’s law firms
The booming Chinese IPO market has benefitted the Chinese law firms.
Clifford Chance drives strategy to unite Continental European offices
Clifford Chance is spearheading a strategy that will see its Continental European offices brought into a single profit and loss account, The Lawyer can reveal. The project, internally known as ‘One Europe’, has been developed by the firm’s senior leadership in a bid to treat its offices across the UK and Continental Europe as a single team, […]
Sports Direct launches negligence claim against Deloitte
Mike Ashley’s multibillion-pound retail empire has filed a claim against its former tax advisers at Deloitte, The Lawyer can reveal. A claim was filed last week as Ashley’s Sports Direct faces mounting scrutiny from several European tax authorities over a scheme designed by the Big Four auditor. Questions have been raised as to how Sports […]
Roundtable: Talking digital strategy with Wolters Kluwer
As the end of the pandemic approaches, organisations are turning their attention away from the short term strategic thinking needed to weather lockdown and the return to the office and toward long term growth. Many of the factors and attitudes which have underpinned working life during the pandemic will be taken forward into the ‘new […]
Bird & Bird wades into Bitcoin inventor battle
Bird & Bird is advising a non-profit cryptocurrency group in the battle over Bitcoin, as it demands a judicial declaration that Australian computer scientist Craig Wright is not the digital coin’s creator. Wright proclaims he penned and owns the copyright to a Bitcoin whitepaper published in 2008 under the pseudonym Satoshi Nakamoto, which first outlined […]
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Fieldfisher and Osborne Clarke were right to walk away
10 years on the failed merger has proved to be a financial success
A&O has called the market
A&O has demonstrated market leadership in its decision not to raise NQ pay
Japan is sitting on an M&A powder keg
Mid-market M&A is ripe for the taking in Japan as the new generation sees little to gain from dynasty
Law’s leaders are getting younger
Lawyers are enjoying their partner status for at least a decade before setting their sights on the next step up
Your top talent need to travel
As the world opens back up, it’s more important than ever to show what your firm has to offer
Taylor Vinters could be Mishcon’s cash cow
How can Mishcon fund its ambitious growth plans now its IPO has been put on ice?
Financials 2021/22: Bevan Brittan opens door to acquisitions after positive growth
Bevan Brittan has declared itself open to acquisitions after breaking the £60m revenue barrier for the first time. Turnover is up 7.2 per cent from £56.1m to £60.8m, while net profit has climbed by 6.6 per cent to £15.7m. It marks nine years of consecutive revenue and net profit growth for Bevan Brittan, which says […]
City quartet win roles on Partners Group core roster
Private equity house Partners Group has reappointed three firms to its latest panel, with a new addition also making the cut. Clifford Chance, Ropes & Gray and Latham & Watkins remain on the roster following a tender and review process. The Lawyer has also learnt that Allen & Overy has scored a place on the […]
Financials 2021/22: Pinsents regains ground with 16 per cent PEP rise
Pinsent Masons has reported single-digit percentage growth in its revenue, while PEP surged ahead yet again after two consecutive drops in 2019 and 2020. Turnover rose for the tenth year in a row, up 6 per cent to £531.1m in 2021/22. Elsewhere, its profit per equity partner (PEP) witnessed double-digit growth of 16 per cent. […]
UK Government’s legal spend revealed for 2021/22
Nearly half of The Lawyer’s UK Top 50 firms picked up fees from the UK Government over 2021/22, according to a Freedom of Information request. The UK Government Legal Department spent a total of £36.57m on external legal services over the financial year 2021/22. Given there are 52 weeks in a year, this equates to £703,295 […]
Paul Hastings swoops on Latham for finance team hire
Latham & Watkins is set to lose a team of finance partners to Paul Hastings’ London office. The Lawyer has learned that finance partners Mo Nurmohamed, Ross Anderson, Karan Chopra and Rob Davidson are leaving Latham to bolster Paul Hastings’ finance practice. Nurmohamed and Anderson are both the heads of Latham’s London lender-facing team. Of […]
Financials 2021/22: Brodies closes in on £100m mark
Scottish firm Brodies has increased its revenue by just shy of 20 per cent, reaching a new high of £98.5m. As such it is the largest of the independent Scottish firms remaining, with the likes of Burness Paull and Shepherd & Wedderburn yet to report. Many others such as Simpson & Marwick, Maclay Murray & […]
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