February 07, 2014 | International Edition
Ashurst's top earner pocketed £977k in last full year pre-mergerAshurst's highest paid earner took home £977,000 in 2012-3, down from over £1m in 2012, according to the firm's LLP accounts. The filings – which look at the financial year before the firm's merger with Australia's Blake Dawson - show that net funds dropped from £20.9m in 2012 to £6.9m at the end of 2013. Cash at the bank fell from £21.2m in 2012 to £7.2m.
By Anna Reynolds
2 minute read
February 07, 2014 | International Edition
DLA Piper set to launch in Canada with move for Heenan Blaikie partnersDLA Piper is in talks to take on a group of lawyers from Heenan Blaikie, following the announcement that the Canadian firm was to be wound up.
By Anna Reynolds
2 minute read
February 06, 2014 | International Edition
Ashurst leads for Crossrail on £1bn Bombardier contractAshurst has advised Crossrail on its £1bn contract to Bombardier which will see the Canadian manufacturer provide 65 trains for the Crossrail service, which is set to open in 2018. Ashurst's global head of energy transport and infrastructure Mark Elsey and energy partner Terry van Poortvliet led the team on the deal.
By Anna Reynolds
2 minute read
February 04, 2014 | International Edition
DLA chairman Angel to be replaced by Knowles in management shake-upDLA Piper's co-chairman Tony Angel is to step down from his role next year, as part of a major shake-up of senior leadership which will see co-CEO Sir Nigel Knowles take over the chairman position.
By Anna Reynolds
4 minute read
February 04, 2014 | International Edition
DLA Piper accounts show rise in capital contributions as net debt fallsDLA Piper's international partnership saw capital contributions by members more than double to £47.7m in 2012-13, according to its latest limited liability partnership (LLP) accounts. The accounts for DLA Piper International, cover the firm's operations outside the US, and reflect a move to an all-equity partnership from May 2012. They show capital contributions increased to nearly £48m compared with £22.4m the previous year, with the rise coming as equity partner numbers outside the US grew from 246 to 733 over the same period as a result of the all-equity move. The filings show the firm still had an average of 19 non-equity members working across the international business during 2013.
By Anna Reynolds
2 minute read
February 04, 2014 | International Edition
Candidates emerge for HSF disputes head as Leydecker prepares for CEO roleCandidates have emerged for the role of global dispute resolution head at Herbert Smith Freehills (HSF) as Sonya Leydecker prepares to take up the role of the firm's joint-CEO in May. In December the firm named current global disputes head Leydecker and managing partner Mark Rigotti as its new joint chief executives. The new appointments will take effect from 1 May 2014 for a three year term.
By Anna Reynolds
2 minute read
February 03, 2014 | International Edition
Hogan Lovells to launch business services centre in Jo'burgHogan Lovells is to launch a business services centre in Johannesburg, following its merger with South African firm Routledge Modise in December. The centre will be in the same building as the firm's new South African office and is expected to be up and running in mid-2014. The first services will be conflict checking, client due diligence and research.
By Anna Reynolds
2 minute read
February 03, 2014 | International Edition
HSF grows Germany practice with first disputes partner hireHerbert Smith Freehills has hired Baker & McKenzie dispute resolution partner Mathias Wittinghofer to join its growing Germany practice.m's dispute resolution group.
By Anna Reynolds
2 minute read
February 03, 2014 | International Edition
Ashurst appoints final board member as Beddow stands downAshurst has finalised its global management team with the election of disputes partner Angela Pearson to the board. Pearson's three-year term began on 31 January with the appointment bringing the total number of board members to 14.
By Anna Reynolds
1 minute read
January 17, 2014 | International Edition
DLA Piper confirms 69 redundancies following document production overhaulDLA Piper has confirmed that 69 out of the 116 support staff at risk of redundancy lost their jobs last year, following the centralisation of its document production team in Leeds.
By Anna Reynolds
2 minute read
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