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Former Ince & Co partner struck off over £3m expense fraud charges
Former Ince & Co partner Andrew Iyer has been struck off by the Solicitors Disciplinary Tribunal (SDT) for fraud charges involving £3m of client money. The SDT judgment was based on four charges - that Iyer had failed to act with integrity, had co...
07 Feb 2012 | 12:33
CPA names new outsourcing head after departure former Rio Tinto lawyer Cooper
CPA Global has appointed a new head of legal service outsourcing (LSO) following the departure of former LSO chief Leah Cooper. Cooper left the company in November last year for family reasons according to CPA, with the outsourcer’s chief financial ...
06 Feb 2012 | 10:32
Private equity house takes majority Parabis stake in law firm LBO first
Private equity house Duke Street has acquired a majority stake in the Parabis Group, the parent company of insurance litigation law firms Plexus Law and Cogent Law. The deal, which values Parabis between £150m and £200m, is subject to approval fr...
06 Feb 2012 | 09:40 | 1 comment
Cobbetts refinances £10m banking facilities as top earner takes £400k
Cobbetts has agreed to refinance £10m in existing loan and overdraft facilities in a new deal with Lloyds Banking Group, according to limited liability partnership (LLP) accounts recently filed with Companies House. The accounts confirm that the firm...
31 Jan 2012 | 06:29 | 2 comments
Sweden's Vinge names new managing partner as Wigge steps down
Swedish law firm Vinge has appointed Stockholm banking partner Maria-Pia Hope as its new managing partner. Hope, who joined the firm in 1996 and made partner in 2003, will take over from current managing partner Michael Wigge no later than June 2012. ...
30 Jan 2012 | 11:39
World's first listed law firm takes over UK's Russell Jones & Walker
Australia's Slater & Gordon, the world's first publicly listed law firm, is set to acquire UK personal injury specialist law firm Russell Jones & Walker (RJW) for £53.8m in a Legal Services Act first. The deal will be structured with an initial ca...
30 Jan 2012 | 09:30 | 7 comments
Former Mishcons partner jailed for role in €22m loan scam
Former Mishcon de Reya property partner Kevin Steele has been sentenced to five and a half years in jail after being found guilty of forgery and fraud offences in a €22m (£18.5m) loan scam. Steele was sentenced by Mr Justice Wood at Southwark Crown...
27 Jan 2012 | 17:40
Integreon opens first UK LPO base and ramps up temp paralegal service
Integreon has launched the first-ever onshore legal process outsourcing (LPO) centre in the UK, as the outsourcer ramps up its temp paralegal service for clients. The new LPO centre opened in Bristol this month after a request from a global client,...
27 Jan 2012 | 00:00
Lawyers call for caution after Cable's executive pay reform proposals
Lawyers have urged caution in the wake of Vince Cable's proposals to reform executive pay, with some warning that popular pressure to curb business leaders' salaries could result in knee-jerk legislation. The Business Secretary's proposed reforms, ...
26 Jan 2012 | 11:23 | 1 comment
Wiggin confirms ABS plans to branch out beyond legal advice
City media boutique Wiggin has become the latest law firm to confirm plans to take advantage of the Legal Services Act (LSA) with the addition of a non-lawyer CEO to its partnership. The firm has appointed longstanding COO John Banister as CEO of t...
25 Jan 2012 | 10:24
Tods Murray bulks up in private client with Edinburgh boutique merger
Scots firm Tods Murray and Edinburgh boutique Fyfe Ireland are to merge, creating a combined practice to be known as Tods Murray LLP. Fyfe partners Greig Honeyman and Drew Taylor will take eight lawyers and six support staff to Tods Murray's Edinbu...
24 Jan 2012 | 12:38
Liverpool law firm set for £19m takeover in Legal Services Act first
Liverpool's Silverbeck Rymer is set to be acquired by software and outsourcing firm Quindell Portfolio in one of the first takeovers of a law firm under the Legal Services Act, reports Post. The deal, which requires approval by the Solicitors Regul...
24 Jan 2012 | 09:50
Vinson makes up London duo in global promotions round
Vinson & Elkins has made up two London lawyers to its partnership in a global promotions round of 14. Dispute resolution lawyer Mark Beeley and private equity and M&A specialist Robert Dixon have been promoted to the partnership in the energy-focus...
17 Jan 2012 | 08:11 | 1 comment
Salans elects disputes partner as new London office head
Salans’ has appointed a new London managing partner, with dispute resolution partner Smeetesh Kakkad taking up the post from the start of this month (1 January). Kakkad, who made partner in 2005, replaces Howard Cohen, who is returning to full-time ...
16 Jan 2012 | 14:21
Salans broadens Turkey capabilities with new alliance deal
Salans has sealed a new alliance deal in Turkey, joining forces with local firm Balcioglu Selcuk Akman in a deal which will expand its practice in the country. Salans, which was formerly allied with Turkey's Ozel & Ozel, has had a presence in the c...
13 Jan 2012 | 14:54
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