June 01, 2012 | International Edition
Bird & Bird sees turnover grow 10%; Taylor Wessing posts 7% firmwide hikeBird & Bird has announced double-digit revenue growth for 2011-12, while partner profits are set to return to the pre-recession highs of 2007-08. The UK top 20 firm has posted turnover of £235m for the year, up 10% from the figure of £214.6m took in during 2010-11.
By Suzi Ring
2 minute read
May 31, 2012 | International Edition
LG and Field Fisher set for summer merger vote as talks move forwardLG and Field Fisher Waterhouse partners could vote on a proposed merger between the two firms as early as next month. The pair have been in talks since October last year, with the vote expected to take place later this summer, assuming talks continue.
By Suzi Ring
2 minute read
May 31, 2012 | International Edition
Herbert Smith corporate veteran takes SE Asia managing partner roleHerbert Smith's former corporate chief Michael Walter is set to relocate to Singapore to take up a new role as Southeast Asia managing partner, as the UK top 10 law firm looks to expand its corporate footprint in the region and nears an opening in South Korea.
By Suzi Ring
2 minute read
May 31, 2012 | International Edition
Woolf's 'Inquiry into Inquiries' aims to bring rigour and best practice to process"If you have an inquiry that takes an inordinate amount of time and money, it detracts from the reason for the inquiry itself" - Lord Woolf on a project to usher in a template for effective public inquiries
By Suzi Ring
6 minute read
May 30, 2012 | International Edition
Blackstone and Matrix silks among advisers as Assange loses extradition appealThe Supreme Court has dismissed WikiLeaks founder Julian Assange's appeal against extradition to Sweden, with Blackstone Chambers and Matrix Chambers taking the key legal roles. Assange has been the subject of a request for extradition by the Swedish Prosecuting Authority to investigate alleged offences of sexual molestation and rape.
By Suzi Ring
2 minute read
May 28, 2012 | International Edition
Holman Fenwick and Fulbright sign up trio of Dewey London partnersHolman Fenwick Willan and Fulbright & Jaworski have become the latest firms to benefit from the collapse of Dewey & LeBoeuf's City arm, with the pair bringing in three partners between them. Holman Fenwick has picked up two partners, recruiting Dewey's City financial regulation chief Robert Finney and corporate finance and insurance partner James Lewis.
By Suzi Ring
2 minute read
May 28, 2012 | International Edition
Watson Farley becomes latest firm to post double-digit growthWatson Farley & Williams has posted a double-digit increase in revenues for the second consecutive year, with 2011-12 turnover standing just short of £100m. The firm's £99.8m figure marks a 12% increase on last year's turnover of £88.8m. Profits per equity partner (PEP) are expected to remain steady at around £455,000, compared with a figure of £458,000 in 2010-11.
By Suzi Ring
2 minute read
May 25, 2012 | International Edition
Herbert Smith sets out associate pay bands for year aheadHerbert Smith announced its associate salaries for the year ahead, with increases at a number of levels after the firm froze pay bands in 2011. The firm has made £500 increases at the newly-qualified (NQ), one-year and four-year post-qualification-experience (PQE) levels.
By Suzi Ring
2 minute read
May 24, 2012 | International Edition
Olswang among winners on ITV legal panel as two firms come offITV has finalised its new legal panel, with Slaughter and May and Olswang among a raft of firms winning spots, while Addleshaw Goddard has come off the roster.
By Suzi Ring
2 minute read
May 24, 2012 | International Edition
Freshfields tightens exit terms with six months' notice for partnersFreshfields Bruckhaus Deringer has extended its notice period for departing partners from three months to six, following a string of partner exits over the last two years.
By Suzi Ring
2 minute read
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