0 results for 'Macfarlanes'
Partner Profits Plunge at Top U.K. Firms, but Revenues Hold Steady
The U.K.'s top law firms have suffered a dramatic fall in profitability and a shrinking market in what has been confirmed as the worst economic conditions for the profession since the early 1990s. Legal Week's 2008-09 results, the first comprehensive picture of the performance of the U.K.'s top 50 law firms, shows that profits per equity partner across the group on average fell by 17.3 percent.Liverpool Sale to Red Sox Owner Set After Wild Week of Trans-Atlantic Litigation
After a week of litigation on both sides of the Atlantic, British Premier League franchise Liverpool F.C. will be sold to an American investor group in a deal that fielded more than a few lawyers. Friday, an ownership group called New England Sports Ventures, led by Boston Red Sox owner and hedge fund titan John Henry, agreed to take control of the storied British soccer team for $481 million. Shearman & Sterling advised Henry and NSEV on their bid. Rival suitors' takeover attempts were either rejected or fell shortU.K. Supreme Court Backs Enforceability of Prenups for the First Time
The Supreme Court of the United Kingdom has for the first time backed the enforceability of prenuptial agreements in what will be regarded as a landmark ruling for family law. The 8-to-1 verdict saw the court back German heiress Katrin Radmacher in her dispute with ex-husband Nicolas Granatino, a former investment banker who now works as an academic researcher. There has been much speculation that the Oct. 20 ruling will curtail the U.K.'s supposed reputation as the divorce capital of the world.The Justice Department announced criminal charges Wednesday against three former brokers at London-based brokerage firm ICAP PLC, accusing them of scheming with a senior trader at UBS AG to manipulate the London interbank offered rate.
London's SJ Berwin Wants to Make More Friends in the United States
In London legal circles, planning trans-Atlantic strategy is no longer the preserve of Magic Circle management. As midmarket deals become more international, smaller firms are feeling the pressure to show their U.S. reach, too. Just ask SJ Berwin, an upwardly mobile member of London's midmarket, which is busy trying to solidify its working relationships with several American firms.DEALS IN BRIEF: Shaken and Stirred
Consolidation in the beverage industry.Profits at U.K.'s Top 50 Law Firms Hit Record Levels
The United Kingdom's top 50 law firms have seen a second year of double-digit revenue growth, with fees rising 14 percent annually to hit �10.5 billion. Legal Week's 2006-07 figures also show average profits per equity partner going up by 13.5 percent. What's more, the four largest firms generated �4.18 billion in fees among them, nearly 40 percent of the top 50's income. Clifford Chance managing partner David Childs said the results vindicated the big four firms' investment in their foreign offices.Trending Stories
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
State Lawmakers Targeting Plastic Pollution in 2024
Brought to you by LexisNexis®
Download Now
Leveraging Technology to Increase Law Firm Profitability
Brought to you by Tranch
Download Now
2024 Report: State of AI in Legal
Brought to you by Ironclad
Download Now
Blueprint for Successful Second Request Document Review
Brought to you by Integreon
Download Now