Over the past year, there have been a number of large insurance M&A deals involving Aviva, Catlin and Fairfax. And consolidation looks set to continue in the coming year, as companies adapt to January’s Solvency II regulations.
Orrick Herrington & Sutcliffe has hired a further seven partners for its new Houston office, this time recruiting from Morgan Lewis & Bockius and McGuireWoods.
Hogan Lovells’ global revenues grew by just over 2 per cent in 2015 to $1.82bn (£1.26bn), while average profit per equity (PEP) reached $1.25m. The firm posted similar percentage increases in both metrics, with turnover growing from $1.78bn to $1.82bn and PEP nudging up 2.7 per cent from $1.22bn to $1.25bn. Revenue per lawyer, however, […]
With an annual budget of £3.1bn in 2014/15 HMRC raised £518bn of tax (and paid out £43bn in benefits). The £3.1bn number is so low in good part because around 98 per cent (237,000 enquiries of 11m returns) of personal self-assessment returns go unchecked. We allow them to go unchecked because we believe the overwhelming majority of […]
OneSavings Bank (OSB) has held a roundtable panel review for firms on its roster, ahead of its first formal review at the end of the year.
Britain’s housing shortage has become a huge political issue as the number of properties being built fails to meet the population growth in major cities such as London. The UK’s housing market is vastly different from those in many European countries because people in Britain still cling to the aspiration of owning their own home. […]
Last month we looked at the different ways you can meet the contacts (prospective clients, potential referrers and influential people in your sector or local area) you will need to build a successful practice. This month we’re going to look at some practical ways to keep in touch with them once you’ve met them. While […]
King & Spalding “repaid” $800,000 of fees from ‘Putin’s banker’ Sergei Pugachev, judgments handed down last week have revealed. The payment breached a $2bn global freezing order on Pugachev’s assets secured by Hogan Lovells in 2014 and was found to be in contempt of court. A sentencing judgment, handed down by Mrs Justice Rose on Friday (12 February), […]
All the latest partner hires and other appointments within firms and offices in the Asia Pacific region.
Turn around your bad law firm culture and increase teamwork, good will, morale, skill sets, knowledge and even innovation in a law firm with one campaign. A while back, I was giving a talk to a group of lawyers about the theory of change management and to be honest, they didn’t seem all that engaged […]
High Speed Two (HS2) has appointed Nicole Geoghegan as its general counsel and company secretary 11 months after Betty Morgan retired from the role.
White & Case has taken two partners from Herbert Smith Freehills’ (HSF) Indonesian ally for its new associated local firm Witara Cakra Advocates.