How do you turn a sleepy Mayfair boutique with a turnover of less than £3m into an aggressively acquisitive £30m-plus player in less than three years? How do you then, credibly, start targeting a £100m turnover professional services business within a similarly truncated time period? How do you do it? You make Adrian Biles the boss.
Clyde & Co has grown its Sydney office further with a 10-strong regulatory team, including two regulatory partners and four lawyers from Norton Rose Fulbright.
Berwin Leighton Paisner (BLP) is one of a number of UK firms – see also CMS and Eversheds – which have long been on the hunt for a US merger partner. This week’s news that BLP is in merger talks with US firm Greenberg Traurig puts the firm one step closer to that aim and to creating another global £1bn powerhouse.
Paul Weiss Rifkind Wharton & Garrison has revealed its global revenue rose by 7.1 per cent over 2014 from $1.04bn in 2014 to $1.1bn. The firm’s average profit per equity partner (PEP) also jumped from $3.8m to $4.1m, in a 6.4 per cent increase that has seen Paul Weiss’ PEP surpass the $4m barrier for […]
All the latest partner hires and other appointments within Continental European firms and offices. Benelux King & Wood Mallesons has expanded its European corporate practice with the hire of partner Anthony Van der Hauwaert. He joins the firm from Squire Patton Boggs, where he worked for 14 years and was head of the firm’s Belgium […]
Herbert Smith Freehills’ global executive committee saw a 17.5 per cent drop in remuneration last year, from £9.4m to £8m, the firm’s audited accounts reveal. This follows a decrease in audited revenue for the firm’s global business from £796.9m to £793.4m, down 0.4 per cent. However the firm’s highest paid member saw a 20 per […]
Taylor Wessing’s highest paid member earned £1.1m in 2014/15, a rise of 15 per cent from £958,000 the previous year. This came as Taylor Wessing’s revenue in the UK rose by 7 per cent from £109.9m to £117.8m and net profit jumped 13 per cent from £44m to £50.1m. The firm recorded a £5.4m positive […]
King & Spalding’s revenue broke the $1bn mark for the first time last year, as its global turnover rose by 9 per cent. The firm saw its revenue increase from $934m (£638m) in 2014 to $1.02bn (£700m) in the last financial year. Average profit per equity partner similarly rose from $2.36m to $2.5m, a percentage […]
Tesco could be considering reviewing the fees it pays its panel firms amid concerns key advisers such as Freshfields Bruckhaus Deringer charge too much, The Lawyer understands.
HealthTrust Europe (HTE), a central purchasing body for the health sector, has announced its new legal framework and removed a number of top 50 firms from its roster.
Berwin Leighton Paisner (BLP) has confirmed it is in preliminary merger talks with US firm Greenberg Traurig. Should a deal be reached it would give BLP a major presence in the US as well as a number of offices in Europe, Asia, Israel and Latin America. BLP’s managing partner Lisa Mayhew said: “BLP has always […]