June 28, 2012 | International Edition
UK trio advise as Hong Kong billionaire invests £500m in Greenwich PeninsulaLG and Norton Rose have advised on the £131m refinancing of London's iconic Lloyd's building after it was awarded English Heritage Grade 1 listed status last year.
By Sofia Lind
2 minute read
June 27, 2012 | International Edition
Government backs new paralegal training scheme with £1m in fundingThe Government has assigned £1m in funding to a new apprenticeship programme that will enable budding lawyers to train as paralegals and pursue an alternative route into law without the need for a university education. Pearson has won the tender to provide the training programme, which is expected to launch in early 2013. It is intended to target school-leavers who are interested in a career in law, but who cannot afford or do not wish to pursue a university degree.
By Sofia Lind
3 minute read
June 21, 2012 | International Edition
Riverview Law set for further expansion to Far East and offshoreFixed-price legal services business Riverview Law is eyeing expansion in the Far East and offshore centres as part of a drive to attract international businesses to use its services in the UK.
By Sofia Lind
2 minute read
June 21, 2012 | International Edition
A&O, Macfarlanes, CC and Shoosmiths act on private equity sale of care companyAllen & Overy (A&O) and Macfarlanes are among four firms advising on the sale of UK specialist care provider Lifeways Community Care to a Canadian pension fund.
By Sofia Lind
2 minute read
June 21, 2012 | International Edition
UK top 100 firms record average fee income rise of 7% for 2011-12The UK's top 100 law firms recorded average fee income growth of almost 7% for the last financial year, according to new research from professional services giant Deloitte.
By Sofia Lind
2 minute read
June 21, 2012 | International Edition
Cleary checks in for competition role on new Ryanair Aer Lingus bidCleary Gottlieb Steen & Hamilton has won a role to advise Ryanair on competition aspects of its latest bid for Irish aviation rival Aer Lingus. Ryanair, which already owns 30% of Aer Lingus, has made a new offer which values the airline at €694m (£560m). Arthur Cox chairman Eugene McCague is advising Aer Lingus on the corporate aspects of the bid, alongside Dublin corporate partner Stephen Hegarty, while it is understood that regular adviser A&L Goodbody is representing Ryanair on corporate law.
By Sofia Lind
2 minute read
June 20, 2012 | International Edition
SJ Berwin posts static results as turnover and PEP nudge up 1%SJ Berwin has announced static results for the 2011-12 financial year, with turnover and profits per equity partner (PEP) both edging up by 1%. The top 20 UK law firm has posted revenues of £180.1m, up by 1.1% from last year's figure of £179m, while average PEP nudged up by 1.4% to £635,000, from £626,000 last year.
By Sofia Lind
2 minute read
June 19, 2012 | International Edition
SNR Denton unveils EMEA financials: PEP up 50% as revenue falls 6%SNR Denton's EMEA arm has boosted partner profits by around 50%, despite revenues declining by 6% during the 2011-12 financial year. Profits per equity partner (PEP) have risen from £232,000 to £350,000, equating to a 51% increase, with the firm attributing the hike to efficiency savings. Last year's PEP figure was the lowest of all of the UK top 50 law firms.
By Sofia Lind
3 minute read
June 18, 2012 | International Edition
SNR Denton makes up trio of of UK lawyers after 17 promoted in the USSNR Denton's EMEA arm has announced its 2012 partner promotions, with three lawyers made up to the senior rank. The promotions are all based in the firm's two UK offices, including two in London and one in Milton Keynes. Two of the promotions are in real estate, Simon Masri in London and Dan Kidd in Milton Keynes, alongside one in dispute resolution - London lawyer Sam Coulthard.
By Sofia Lind
2 minute read
June 18, 2012 | International Edition
Ex-Simmons senior partner receives OBE in Queen's Birthday HonoursFormer Simmons & Simmons senior partner Bill Knight has been awarded an OBE in this year's Queen's Birthday Honours list. Knight, who was chairman of the Financial Reporting Council until retiring in March this year, has been awarded the honour for services to financial regulation. He was succeeded as chairman of the regulator by former Herbert Smith partner Richard Fleck after spending eight years in the role.
By Sofia Lind
3 minute read
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