Suzi Ring

July 16, 2012 | International Edition

Travers Smith has reported one of the largest increases in profits per equity partner (PEP) in the UK top 50, with profits climbing 24% to £804,000. The increase in 2011-12, up from £650,000 in 2010-11, takes PEP back to its highest level since 2006-07, when it stood at £810,000.

By Suzi Ring

2 minute read

July 16, 2012 | International Edition

Withers and Ince & Co have both posted increases in revenue in 2011-12, as the final financial results for the UK's largest 50 law firms emerge. Withers saw double digit increases in both turnover and profits per equity partner (PEP) over the 12-month period ending 30 June. Turnover climbed by 12% from £100.8m in 2010-11 to £113.3m in 2011-12, with PEP jumping 19% to £383,325 from £322,760 the previous year.

By Suzi Ring

2 minute read

July 13, 2012 | International Edition

Lloyds Banking Group is set to cut back its law firm roster by around 10% in a UK panel review due to kick off later this month. The bank, which appointed its last legal panel in 2010, has sent a letter to firms informing them they will receive tender documents on 23 July, with pitch submissions due three weeks later and a final line-up expected to be confirmed by early autumn.

By Suzi Ring

2 minute read

July 12, 2012 | International Edition

Eversheds and Linklaters have advised on the £344m sale of Dairy Crest's French arm to Montagu Private Equity.

By Suzi Ring

2 minute read

July 12, 2012 | International Edition

Siemens is gearing up for a review of its UK and Ireland law firm roster this autumn following the appointment of new general counsel Claire Carless earlier this year.

By Suzi Ring

2 minute read

July 12, 2012 | International Edition

Master of the Rolls Lord Neuberger of Abbotsbury has been named the next president of the UK Supreme Court, succeeding current president Lord Phillips of Worth Matravers. The announcement was made this morning (12 July), with Neuberger set to take up the role on 1 October this year.

By Suzi Ring

3 minute read

July 12, 2012 | International Edition

Linklaters is set to launch a litigation practice Italy, with the hire of disputes partner Alessandro Villani from leading independent Gianni Origoni Grippo Cappelli & Partners. Villani is expected to join Linklaters at the end of the summer. He will be based in the magic circle firm's Milan office; however the practice will cover the whole country.

By Suzi Ring

2 minute read

July 11, 2012 | International Edition

Reynolds Porter Chamberlain (RPC) is set to climb further up the UK top 50 rankings this year after posting a 13% increase in revenues. The firm, which broke into the top 50 iast year, has seen turnover reach £68m, up from £60.3m in 2010-11, while profits per equity partner (PEP) have grown 11% to £354,000.

By Suzi Ring

2 minute read

July 11, 2012 | International Edition

Clyde & Co is set to launch in Libya next month, making it the first international law firm to open in the country. The insurance firm will launch in Tripoli on 1 August with the hire of Libyan Investment Authority GC Albudery Shariha to head the office.

By Suzi Ring

2 minute read

July 10, 2012 | International Edition

The number of commercial disputes brought before the European Court of Justice (ECJ) rose 20% last year, with a notable increase in economic and monetary policy, competition and tax cases.

By Suzi Ring

2 minute read