Listed firm Knights has acquired the West Midlands firm Thursfields in a deal worth £12.5m as it aims to enter another period of rapid growth. Knights has been a prolific acquirer of mid-market law firms over the past decade, with Langleys (£17.7m), Shulmans (£17.6m), Keebles (£12.6m), ASB (£12.5m) and Coffin Mew (£11.3m) among its most […]
South West: Growth at Exeter-headquartered firm Michelmores has hit a 10-year high following a period of inward investment. Revenue at the firm climbed 14 per cent from £42.8m to £48.8m, just shy of the psychologically important £50m revenue barrier, which the firm is likely to hit next year. Managing partner Tim Richards said turnover was […]
BDB Pitmans partners have voted through proposals that will see the firm transition to a CMS-style network model, having called off merger talks with Womble Bond Dickinson in 2023. The firm has signed a letter of intent with Alvarez & Marsal Legal Services (AMLS) to help internationalise the business. Both BDB Pitmans and AMLS issued […]
Making partner can be stressful, full of uncertainty and unmet promises. Walker Morris’s new formal scheme hopes to change that.
Lawyers and business services staff from across the UK legal industry joined the masses yesterday in bringing their dogs to polling stations as they cast their vote in the general election. Martin Hamilton, managing partner at Capsticks, was among the crowd, attending his local polling station with his salt n pepper miniature schnauzer. In a […]
DLA Piper has once again raised pay for its newly-qualified lawyers (NQs), setting a new standard in the regions with a £6,500 increase. The firm’s regional NQ salary will go up to £75,000 from September, up 9 percent from the previous £68,500 implemented in 2023. In early 2022, DLA Piper was among the first to […]
Revenue at Brabners reached £55.6m in the 2023/24 financial year, subject to audit, after the firm increased its top-line by 18 per cent from the previous year’s £47.1m. The firm’s newly re-elected managing partner Nik White told The Lawyer that it was a “standout year”, with just one department out of 13 across the firm’s […]
The head of Clifford Chance’s office in Newcastle has left the firm after six years in charge. Lucy Nixon left the firm last week. She joined in 2018 when Clifford Chance acquired Carillion Advice Services, the paralegal and managed legal services arm of the contractor. Nixon joined Carillion in October 2007 as an operations manager, […]
The North East Procurement Organisation (NEPO) has drastically reduced its legal services panel, cutting 17 firms from its £100m roster. The new panel – effective from 3 June 2024 to 2 June 2028 – features 18 firms, down from the previous 29. New additions to the panel include Bird & Bird, Brodies, Devonshires, TLT and […]
Yorkshire firm Switalskis has rolled out its first formal bonus scheme, as the firm edges closer to the £30m revenue mark. The new scheme came into effect in April 2024, replacing the previous approach whereby bonuses were issued on an ad hoc basis. The new scheme is split into two tiers. The first tier is […]
The global head of Freshfields’ client delivery group, based in Manchester, has left after 20 years at the firm. Olivia Wyld joined Freshfields in 2004 as a trainee and continued to work as an associate in the corporate team until 2015. Wyld then relocated to Manchester and took on the role as head of the […]
Junior lawyers at regional outfit Howes Percival are being encouraged to adopt a greater range of communication methods with clients, as firms seek to address generational differences between associates and partners. The firm, with locations across Cambridge, Leicester, Manchester, Milton Keynes, Northampton, Norwich and Oxford, said it is responding to changing behaviours in both clients and associates. It is encouraging its […]