Issues

Europe

European moves: 23 July 2015

All the latest partner hires and other appointments within Continental European firms and offices. Benelux Dutch firm Stibbe has appointed Jeroen Sombezki and David Meijeren as counsel. Sombezki is a member of the firm’s M&A team in Amsterdam, while Meijeren is part of the real estate civil law notary team. France Bird & Bird has […]

Walker Morris shortlisted for award in recognition of complex construction case

Walker Morris’s dispute resolution team has been shortlisted at the Yorkshire Legal Awards, in recognition of best practice in a complex and long-running case. The submission focused on a construction litigation case that demonstrated the human face of law and the important role litigation has to play in protecting individuals.

pills drugs pharmaceutical pharmaceuticals pharma medicine

Gibson Dunn, Latham and Weil act on St Jude’s $3.4bn pharma purchase of Thoratec

Gibson Dunn & Crutcher, Latham & Watkins and Weil Gotshal & Manges have all advised on the latest multi-billion dollar pharma acquisition of global corporation Thoratec by St Jude Medical. Gibson Dunn represented St Jude Medical, with a corporate team including Palo Alto partners Joseph Barbeau and Christopher Dillon. New York partners Aaron Adams and […]

Court
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MoJ launches fresh consultation to further hike court fees

The Ministry of Justice (MoJ) has launched another consultation to raise court fees, just months after the Coalition Government hiked some civil court fees by 600 per cent. The consultation, announced yesterday by justice minister Shailesh Vara MP, proposes an increase in the maximum fee for money claims from £10,000 to at least £20,000. Before […]

money

Charles Russell Speechlys reports 3.5 per cent revenue rise following merger

Charles Russell Speechlys has posted its first post-merger financial results, revealing a 3.5 per cent increase in revenue to £134.5m. In 2014/15, net profit was up by 4.4 per cent from a combined total of £25.2m to £26.3m, while average profit per equity partner (PEP) reached £320,000. The PEP figure was before merger-related adjustments, the firm […]

Scottish flag

Scottish government delays announcement of £44m multi-body panel

The announcement of the Scottish government’s vastly expanded legal panel has been delayed by almost two months after firms were given time to appeal the body’s initial decisions. The government launched the tender for the four-year, £44m panel in February this year, with firms expected to be informed of the outcome at the end of […]

money

Withers sees global turnover rise 8.7 per cent to £134m

Withers’ revenue rose 8.7 per cent over 2014/15 from £123.3m to £134m, while its average profit per full equity partner (PEP) dropped by 2.4 per cent, the firm has announced. PEP was £376,000 in the previous financial year, but fell to £367,000 in 2014/15. However, Withers’ net profit saw a slight increase of 1.8 per […]

cuba

McDermott targets Cuba opening with full-service offering venture

McDermott Will & Emery has announced intentions to target the Cuban market with a full-service venture in La Habana, set up through an agreement with independent Spanish firm Olleros Abogados. Through the joint operation, both firms plan to provide a full-service approach for clients doing business both from and into Cuba. Olleros Abogados founding partner […]

UK Supreme Court

Conditional fees do not contravene human rights, Supreme Court declares

Lawyers have praised a Supreme Court ruling that legal fees are recoverable under the Access to Justice Act (1999) as a victory for common sense. In its ruling handed down this morning in Coventry & Ors v Lawrence & Anor (see judgment 22 July 2015) the court held by a majority of five to two that […]

London

Pinsent Masons and Travers Smith advise as Houlihan Lokey buys financial adviser McQueen

Pinsent Masons and Travers Smith have won top roles on the sale of City-based finance adviser McQueen to international investment bank Houlihan Lokey.  Pinsent Masons’ corporate partner Hannah Brader led the team for Houlihan Lokey, which already has offices across the USA, Europe and the Asia-Pacific region.  Meanwhile Travers Smith represented McQueen, with corporate partner […]