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International Edition

LG set to cut 18 roles as spate of recent law firm layoffs continues

LG has begun a redundancy consultation which is set to affect 18 individuals across the firm, covering both lawyers and support staff. The firm announced the consultation today (9 November), with the cuts attributed to an attempt to align "resources with what remains a difficult market".
2 minute read

International Edition

SNR, Salans and FMC name management team as leaders back Dentons merger

Dentons - the proposed three-way tie-up between SNR Denton, Salans and Canada's Fraser Milner Casgrain (FMC) - has named its global management line-up as the firms' leaders urge their partners to back the merger. The new merged firm, which will be structured as a swiss verein, will be led by Elliott Portnoy, SNR Denton's current global CEO, who will take the same role at the new firm.
4 minute read

International Edition

39 Essex Street and 4-5 Gray's Inn discuss possible combination

Thirty Nine Essex Street and 4-5 Gray's Inn Square are in "advanced discussions" about a possible combination that could see the two sets come together under one brand. Should the tie-up go ahead it would create one of the largest civil sets in London with around 140 members including more than 40 silks and would be a rare example of consolidation at the bar. It is unclear whether the combination would include all barristers from both sets.
2 minute read

International Edition

Pinsents confirms second round of post-merger back office job cuts

Pinsent Masons is to cut around 15 support staff after announcing its second redundancy consultation since its merger with Scots firm McGrigors went live in May. The national firm confirmed the consultation today (8 November), with the cuts expected to affect staff in the firms' finance and knowledge management teams.
2 minute read

International Edition

Slaughters redundancy consultation sees 44 secretaries exit firm

Slaughter and May has concluded a redundancy consultation which will see 44 secretarial staff leave the firm, the vast majority of which have opted to take voluntary redundancy. The firm began the consultation last month, with around 28 full-time equivalent roles expected to be affected. However, more secretaries opted to take voluntary redundancy than were required, with 41 taking up the offer, equating to a reduction of 30.3 full-time equivalent (FTE) roles.
2 minute read

International Edition

Olswang and Taylor Wessing lead on £400m BDO-PKF accountancy merger

Olswang and Taylor Wessing are advising on the £400m merger between accountancy firms BDO and PKF, news of which was confirmed today (7 November). The merger, which is planned to go live in early 2013, will create an accountancy firm with combined revenues of almost £400m and around 3,500 staff in the UK.
2 minute read

International Edition

SNR, Salans and Canada's FMC set for triple merger under Dentons brand

SNR Denton, Salans and Canada's Fraser Milner Casgrain (FMC) are in discussions about a three-way merger which is expected to go live in early 2013 under the Dentons banner. Partners at all three firms are set to vote on the union at the end of this month, paving the way for the creation of a combined firm with revenues of more than $1bn, which would be structured as a Swiss verein.
4 minute read

International Edition

SNR Denton plots Canada merger as Salans talks continue

SNR Denton is in discussions to combine with a Canadian law firm, as tie-up talks with Salans continue to gather pace. The transatlantic firm has told partners it is hoping to merge with a firm in Canada, although the name of the firm is not thought to have been formally communicated to all partners.
3 minute read

International Edition

Partners look to insurance lenders to help fuel market resurgence in commercial real estate

Real estate partners are hoping for an upturn in market activity as a result of increased investment by insurance groups, according to new research highlighting the emergence of new lenders in the real estate sector.
2 minute read

International Edition

A tale of two cities - will the real Addleshaws please stand up?

It doesn't happen often, but occasionally a management election at a major law firm gets people talking. Of course, nothing excites comment like the possibility of a factional leadership take-over, but the nature of partnership means that such regime change rarely happens in law.
3 minute read

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