DLA Piper has represented northern Virginia-based CustomInk, an online T-shirt company, in a $40m (£25m) investment by private equity fund Revolution Growth. This latest investment will support CustomInk’s continued growth and expansion. As part of the transaction, Ted Leonsis, co-founder of Revolution Growth, will join CustomInk’s board of directors. The DLA Piper team representing CustomInk was led […]
Conyers Dill & Pearman has provided Cayman legal advice to Montage Technology Group in connection with an initial public offering (IPO) on NASDAQ Global Market in the US of up to 8,165,000 ordinary shares (par value $0.0125 per share of the company). Anna Chong of Conyers’ Hong Kong office worked alongside O’Melveny & Myers and Pillsbury […]
Conyers Dill & Pearman has provided Bermuda legal advice to Essent Group. This was the first initial public offering (IPO) of a home mortgage issuer in nearly 20 years. Shares traded above the estimated range, valuing the Essent Group at $1.42bn (£880m). Michael Frith, Alexandra Macdonald and Chris Garrod of Conyers’ Bermuda office advised on […]
Stephenson Harwood has posted half-year turnover of £57m – an increase of 10 per cent on revenue of £51.4m at the same point in 2012/13. It is a forward step for the firm, after only a small rise in half-year income last year, from £49.6m in 2010/11 (28 November 2012). CEO Sharon White said: “We’ve […]
Perhaps it’s just that firms which have had good news are happier to talk about it, but the financial health of the UK legal market in 2013/14 looks pretty good at the six-month mark. So far, not a single firm has reported a drop in revenue. Allen & Overy is the only magic circle firm […]
Surrey-based firm Mundays has launched a mystery shopper programme in a bid to raise the standard of its services. The scheme is part of the firm’s client service assessment programme which also includes one-to-one meetings, telephone interviews and an online survey. Mundays’ business development manager Jonathan Robinson, who launched the programme, said it would provide […]
Because I have a prolapsed disc in my neck – I blame years of sitting in front of a PC – I find that I cannot use my right arm effectively. I certainly couldn’t cut up a steak. The horror. So to avoid having to eat like an infant, ie. having my food cut up […]
Bevan Brittan is forming a partnership with Harrow and Barnet Council to provide legal advice externally. It’s just the latest in a long line of innovative thinking among public sector lawyers that is transforming the way that legal services are delivered. London’s Harrow and Barnet councils enter partnership with Bevan Brittan ABScape plan Lambeth and […]
Osborne Clarke has seen its revenue increase by 12 per cent in the first half of the 2013/14 financial year, to €71.6m (£59.8m). Its three UK offices, in London, Bristol and the Thames Valley, saw their revenue grow by 8 per cent to £39.1m. The amount of turnover generated by the firm’s UK key clients […]
Clifford Chance’s current London managing partner David Bickerton is set to take up a second term after running unopposed. Bickerton is expected to be formerly voted in again at the end of the month after an uncontested election was launched last week. Partners were told that he would be running uncontested at the beginning of […]
Banking giant Barclays is attempting to avoid a full trial over defunct firm Dewey & LeBoeuf after issuing a summary judgment application to the High Court in a case against three former partners over loans. The bank has been pursuing the three former partners for repayment of loans it granted them for capital contributions ahead […]
Following on from our recent story about LPO provider Exigent’s expansion, here’s an update on the efforts by Addleshaw Goddard to remodel its service offering. Reading between the lines in the interview with Exigent’s CEO David Holmes, it’s hard not to see a thinly veiled dig at Addleshaws when he says firms have barely scratched the […]