Addleshaws overhauls partnership deeds amid move to full-equity
Addleshaw Goddard is set to move to an all-equity partnership following a partner vote in favour of the restructure.
Taylor Wessing UK revenue rises 4 per cent while PEP stays flat
Taylor Wessing’s UK turnover grew just over 4 per cent in 2015/16 to £126.6m, while global revenues increased to £254.5m, the firm has announced.
A&O and Freshfields win mandates as Abu Dhabi banks agree $175bn merger
Allen & Overy (A&O) and Freshfields Bruckhaus Deringer have advised on the creation of the largest bank in the Middle East and North Africa (MENA) region.
Hogan Lovells to represent Serial star in murder retrial
A pro-bono team at Hogan Lovells in the US will represent the star of podcast Serial in the retrial over the murder of his former girlfriend.
European moves: 7 July 2016
All the latest partner hires and other appointments within Continental European firms and offices.
Clyde & Co eyes South Korea and South East Asia for new offices
Clyde & Co is exploring plans to open its first base in South Korea and launch further offices in South East Asia, The Lawyer can reveal.
Ashurst PEP drops 19 per cent as turnover falls to £505m
Ashurst’s profit per equity partner (PEP) dropped 8 per cent over 2015/16 from £775,000 to £716,000, while revenue fell 4 per cent from £558m to £533m.
Shoosmiths’ profits climb 4% after equity overhaul
Shoosmiths has announced a slower financial year after record growth in 2014/15, with turnover and profits both up 4 per cent to £107m and £25.1m respectively.
Addleshaw Goddard launches UK agile working scheme
Addleshaw Goddard has launched a home working policy across its three UK offices for staff and fee-earners.
Clifford Chance profit jumps 10% as PEP hits £1.23m
Clifford Chance saw global net profit grow by almost 10 per cent last year following an increased push towards efficiency in real estate and business services under managing partner Matthew Layton.
DAC Beachcroft reports marginal turnover rise as profit grows 9%
DAC Beachcroft has reported nominal turnover growth of 1.5 per cent last year, from £199m in 2014/15 to £202m, while profit before tax has increased by 9 per cent, from £32m to £35m during the 2015/16 financial year. The slight increase in revenue reflects similar results seen by the firm last year when billings rose […]
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Quinn Emanuel launches £19bn class action against MasterCard
Quinn Emanuel Urquhart & Sullivan is poised to launch a £19bn class action against MasterCard over anti-competitive credit card fees.