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Where am I? > Home > News
NEWS
CMS posts 5.1% revenue rise across 10-firm international network
CMS saw revenues across the group rise 5.1% during 2012, with net profit also climbing across the network of 10 law firms. The network, which includes CMS Cameron McKenna in the UK, CMS Bureau Francis Lefebvre in France and CMS Hasche Sigle in Germ...
24 May 2013 | 16:16
Seven US firms close China’s largest-ever leveraged buyout
Seven US firms have come out on top this week after completing China's biggest ever management buyout - the $3.7bn (£2.2bn) take private of Chinese advertising display company Focus Media Holding. The deal, which finally closed last night, received s...
24 May 2013 | 11:24
King & Wood Mallesons appoints new Australia head in management shake up
King & Wood Mallesons (KWM) has appointed a new Australia managing partner just days after the announcement that its former country head, Tony O'Malley, is to step down. Landing the top job is Sydney-based partner Sue Kench, who is head of the firm's ...
24 May 2013 | 05:43
Law firm layoffs mount up as top 50 job cuts reach 750 over past year
Nearly half of the UK's 50 largest law firms by revenue have announced job cuts over the past year, with the number of roles placed under threat of redundancy since May 2012 fast approaching the 1,500 mark.
24 May 2013 | 00:00
Elite US litigation firm Boies Schiller set to launch London outpost
Specialist litigation firm Boies Schiller & Flexner is set to open an office in London this summer, in a move that will gift the elite US firm its first base outside of its home country. Boies already has lawyers working on projects in the City an...
24 May 2013 | 00:00
BLP, Olswang and DLA Piper among firms eyeing tie-ups with Singapore outfits
Berwin Leighton Paisner (BLP), King & Spalding, Olswang, DLA Piper and K&L Gates are among a group of international law firms eyeing tie-ups with local firms in Singapore after missing out on licences to launch their own local practices earlier this y...
24 May 2013 | 00:00
Herbert Smith Freehills partners set to receive pay proposals
Herbert Smith Freehills partners are expecting to receive proposals on the planned move to a single modified lockstep after the summer, as the firm gears up to introduce a combined partner remuneration structure from the start of the next financial ye...
24 May 2013 | 00:00
Charles Russell posts solid financial results amid management shake-up
Charles Russell has unveiled solid financial results for 2012-13 as the firm pulls together a new management line-up in the wake of senior partner Patrick Russell's retirement. The UK top 50 firm saw fee income rise 1% during the year to almost £6...
24 May 2013 | 00:00
Taylor Wessing, Olswang lead on £1bn London 2012 media centre development
Taylor Wessing, Olswang and Eversheds have taken roles on a deal which will see the 2012 London Olympics press and broadcast centres developed into a new digital quarter in the capital. The project will see iCITY – a joint venture between data ce...
24 May 2013 | 00:00
Irwin Mitchell plans to buy PI work from firms squeezed by Government reforms
Irwin Mitchell is planning to buy up books of personal injury (PI) work from other law firms in response to the Government's overhaul of the low-value claims system and its impact on PI profit margins. The firm hopes to acquire business from firm...
24 May 2013 | 00:00
Kent Council to launch trainee lawyer programme
Kent County Council's legal team is to launch its own trainee programme, with the move coming as the local authority eyes a series of white label and cross-selling initiatives.
24 May 2013 | 00:00
Manchester's JMW boosts revenues by 13% as firm moves to diversify
Manchester's JMW Solicitors has posted a 13% increase in revenues, as the firm moves to shift its focus away from its traditional areas of strength in clinical negligence and personal injury (PI). The firm took in fee income of £15m for 2012-13, u...
23 May 2013 | 17:16
Withers and Speechly Bircham call off merger after top-level talks
Withers and Speechly Bircham have opted against a merger of the two firms, following votes at both firms earlier this week. A spokesperson for both firms said: "Following detailed discussions between the management and partnerships of Withers and S...
23 May 2013 | 11:00
MoFo launches FCPA practice in Singapore
Morrison & Foerster (Mofo) has launched an anti-corruption practice in Singapore with the relocation of Daniel Levison from its Tokyo base. The US firm, which re-opened in the Asian city-state in January after closing in 2009, now has three full time ...
23 May 2013 | 06:04
Linklaters City finance partner Howard quits to join Sullivan in London
Linklaters finance partner Chris Howard is set to leave the magic circle firm to join the London arm of Sullivan & Cromwell. The move, confirmed by the Wall Street firm today (22 May), comes little more than two years after Howard joined Linklaters fr...
22 May 2013 | 18:36
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