July 08, 2010 | The Legal Intelligencer
Top UK Firms Hold Line on Profits While Revenues FallCity elite keep profits on course in 2009-10 despite falls in revenue. Freshfields Bruckhaus Deringer has unveiled an 11.3% drop in revenue for the 2009-10 financial year, becoming the latest magic circle firm to post declining fee income in the uncertain market.
By Claire Ruckin and Sofia Lind
3 minute read
June 01, 2008 | Corporate Counsel
Stand by Your ManTop lawyers rally in support of new UBS chair Peter Kurer.
By Claire Ruckin and Sofia Lind
4 minute read
July 20, 2009 | Law.com
Pinsent Parter Profits Fall by 36 Percent as Firm Confirms LayoffsPinsent Masons has posted a 36 percent drop in profits, with average profits per equity partner falling to 310,000 pounds ($507,000). The U.K. firm attributed the fall in profits to the opening of new premises in Manchester and Scotland and an office launch in Dubai, lateral hiring and the fact the firm has only made limited layoffs in comparison to many of its rivals. Pinsent confirmed that around 20 fee earners and support staff will leave the firm as a result of its only redundancy round to date.
By Claire Ruckin
2 minute read
July 02, 2010 | Legaltech News
U.K. Firm Tries Pilot Program to Get Lawyers Using iPadsEversheds has signed a deal which could see all of the firm's lawyers using Apple iPads. The U.K. top 10 firm has entered into a two-month pilot program dubbed "Eversheds Anywhere," which supplied an iPad to 50 lawyers and staff. If successful the scheme could be rolled out across the firm.
By Claire Ruckin
2 minute read
July 09, 2010 | Law.com
Freshfields Financials Confirm Shrinking Income at Big 4 London FirmsFreshfields Bruckhaus Deringer has unveiled an 11.3 percent drop in revenue for the 2009-2010 financial year, becoming the latest Magic Circle firm to post declining fee income in an uncertain market. The results mean that London's four largest law firms have all seen a decrease in their top line over the last year.
By Claire Ruckin and Sofia Lind
3 minute read
May 13, 2010 | The Legal Intelligencer
BigLaw Fims Faces $55 Million Payout in Malpractice FracasLinklaters has received a setback in its $55 million court battle with Levicom after the telecom company today successfully appealed an earlier ruling which saw the magic circle firm escape a multimillion-dollar payout for alleged negligence.
By Claire Ruckin
2 minute read
September 25, 2007 | National Law Journal
Merger Deal Paves Way for Howrey's 2008 Spanish DebutAfter agreeing to a deal to take over boutique Martinez Lage & Asociados, Howrey will launch in Spain next year. The merger, which was agreed to on Friday, will see Howrey and the three-partner Spanish outfit become financially integrated as of Jan. 1, 2008. Other U.S. firms to have targeted the region of late include Latham & Watkins, which launched offices in Madrid and Barcelona at the beginning of 2007.
By Claire Ruckin
1 minute read
August 27, 2010 | Law.com
McGrigors Continues to Grow Across the U.K.McGrigors has bulked up its ranks across the U.K. with 15 new recruits, including a contentious construction team from Hammonds. The 10-strong team joins McGrigors as part a total of 12 recent hires for the firm's Manchester office, and joins additional new hires in London as well as Aberdeen, Scotland. McGrigors managing partner Richard Masters said: "These hires represent investment into our three core sectors of energy, infrastructure and professional and financial services, which are a firmwide focus for us."
By Claire Ruckin
2 minute read
July 06, 2010 | Law.com
Beachcroft Defers One Third of Trainees Due to Start in SeptemberU.K. law firm Beachcroft has deferred a number of trainees who were due to start their training contract at the firm this September. Ten of the 29 trainees have agreed to defer for one year, while four more are likely to take paralegal roles -- one with a Beachcroft client -- for one year.
By Claire Ruckin
2 minute read
January 05, 2011 | Law.com
Hammonds' Hong Kong Office Joins SNR Denton After Post-Merger SplitHammonds' former Hong Kong arm is set to join SNR Denton to launch the firm's first China base. The move comes after the office's partners told Hammonds' management that they intended to split off from the firm in the wake of its trans-Atlantic merger agreement with Squire Sanders.
By Claire Ruckin
2 minute read
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