February 27, 2014 | International Edition
Hogan Lovells sees PEP increase by 10%, with revenues up 5% in record yearHogan Lovells has reported a 10% increase in global profit per equity partner (PEP) in 2013, while revenue is up 5%, marking a record year for the firm. The transatlantic firm saw revenue for 2013 increase by 5.2% to $1.718bn, with London turnover up 4.5% to £265.4m.
By Anna Reynolds
2 minute read
February 26, 2014 | International Edition
Adam Dann appointed BLP's finance head as department review comes to a closeBerwin Leighton Paisner has named Adam Dann as its new finance head, replacing Matthew Kellett following his resignation last year. Dann, head of projects and infrastructure at the firm, was one two names in the frame, along with head of real estate finance Laurence Rogers.
By Anna Reynolds
2 minute read
February 26, 2014 | International Edition
BLP joins with ULaw to launch internationally focused course for traineesBerwin Leighton Paisner has joined forces with the University of Law (ULaw) to launch a new course that will be taken by all future trainees at the firm. The launch comes eight years after the firm developed its own legal practice course (LPC).
By Anna Reynolds
3 minute read
February 26, 2014 | International Edition
Shearman, Jones Day and Covington partners to join Freshfields trio in establishing new arbitration firmPartners from Shearman & Sterling, Jones Day and Covington & Burling are set to join three senior disputes lawyers from Freshfields Bruckhaus Deringer in establishing a global arbitration boutique.
By Anna Reynolds
2 minute read
February 23, 2014 | International Edition
LCIA appoints new director general Jacomijn van Haersolte-van HofThe London Court of International Arbitration (LCIA) has appointed Jacomijn van Haersolte-van Hof as its new director general, succeeding Adrian Winstanley who is retiring after seventeen years in the post. Winstanley will retire at the end of June to pursue a career as an arbitrator, mediator and consultant.
By Anna Reynolds
2 minute read
February 21, 2014 | International Edition
Speechly Bircham and Charles Russell in merger talksSpeechly Bircham and Charles Russell have announced that they are in talks over a possible combination, that would create a UK top 25 law firm with revenues around £126.3m.
By Anna Reynolds
2 minute read
February 20, 2014 | International Edition
Freshfields expands client relationship programme across international officesFreshfields Bruckhaus Deringer has expanded its client relationship management programme across its international offices after the scheme helped grow revenue from key clients by more than 15% a year. The CRM programme was introduced in 2011 by London managing partner Mark Rawlinson to increase the number of partners assigned to each key client. There are now about 50 key clients in the scheme in London, with two or three client partners assigned to each, instead of the usual one. The aim of the initiative is to build a long-term relationship with clients by increasing the number of practice groups they use and offering a client expertise in different markets. Freshfields says revenue from clients on the initiative has grown 15% year-on-year since the scheme kicked off three years ago.
By Anna Reynolds
2 minute read
February 20, 2014 | International Edition
Weil and Fenwick & West act as Facebook buys Whatsapp for $16bnWeil Gotshal & Manges and US technology firm Fenwick & West are advising on Facebook's $16bn (£9.6bn) acquisition of mobile messaging company WhatsApp. The deal includes $4bn in cash and approximately $12bn in Facebook shares. WhatsApp's founders and employees will get $3bn (£1.8bn) of the shares as restricted stock that will vest over four years after the deal closes.
By Anna Reynolds
2 minute read
February 20, 2014 | International Edition
Eversheds appoints Middle East practice heads as firm continues roll out of three-year strategyEversheds has created new management roles in the Middle East as the firm continues to roll out chief executive Bryan Hughes' '2020 Vision' strategy. Hughes unveiled the strategy, which aligned partners in the firm's four practice groups (HR, litigation, real estate and corporate and commercial) with its 11 sector groups when he was reappointed as CEO in 2012. The plan is now being put in place across the Middle East. As part of the integration of the strategy, United Arab Emirates (UAE) based disputes partner Nayiri Boghossian has filled the newly created role of regional litigation head. Appointments for regional real estate and HR chiefs are expected to follow shortly.
By Anna Reynolds
2 minute read
February 19, 2014 | International Edition
Freshfields posts 80% spring retention rateFreshfields Bruckhaus Deringer has become the third magic circle firm to confirm its trainee retention rate for its spring intake, posting a figure of 80%
By Anna Reynolds
2 minute read
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