Clyde & Co is the latest firm to announce positive results with its turnover increasing by 8.5 per cent, from £365.1m to £395m, for the 2014/15 financial year. This is the second year the firm has seen revenue increase by 8.5 per cent. In the 2013/14 financial year turnover grew from £336.6m to £365.1m (5 […]
It’s not so long ago that domestic Chinese firms shied away from tying up with a single international player, fearing the loss of inbound referral work if they did so. With China swiftly becoming a net exporter of capital, however, firms are looking at ways of offering their clients access to the international law capability […]
Creativity, novelty and – crucially – hard evidence, were just a few of the ways candidates caught the eye of this year’s The Lawyer Awards’ judges, as revealed at last Tuesday’s inaugural Best in Class event. Three of the 20-strong judging panel were interviewed live on stage by The Lawyer editor Catrin Griffiths and held […]
Alton Towers owner Merlin Entertainments has begun making interim compensation payments to victims injured in the rollercoaster crash on 2 June under the advice of Kennedys. Stewarts Law has taken on a further five clients who were injured in the crash, bringing the total number of victims it is representing to eight. A spokesperson for […]
Osborne Clarke client electric car manufacturer Tesla has settled out of court with renewables giant Ecotricity, a year after its competition law battle began. Ecotricity filed for an injunction against Tesla at the High Court in May 2014 and sought to sue the manufacturer for breach of non-disclosure agreements, turning to Lewis Silkin partner Adam Glass. […]
Freshfields Bruckhaus Deringer former corporate head Edward Braham has been elected as the next senior partner of the firm. The news paves the way for Braham’s running mates, former disputes head Chris Pugh and executive partner Stephan Eilers, to become Freshfields’ joint managing partners. Cologne-based Eilers will be replaced as executive partner by global co-head […]
Ashurst, Berwin Leighton Paisner (BLP) and Shoosmiths have won top roles on the £112m sale of confectioner Thorntons to a wholly-owned subsidiary of Ferrero International. BLP acted for Ferholding UK, a wholly owned indirect subsidiary of Ferrero. Partner Cath Shirley led the team, supported by associates David Moore and Dimple Purohit. Partners Andrew Hockley and […]
Eversheds has announced it is to open an office in Belfast at the same time as adding a managed consultancy service for its clients. The Belfast office will initially provide advice on general commercial and public sector legal work but the firm aims to grow the office into a full service offering. Projects partner Peter […]
Sullivan & Cromwell, along with a host of US, Dutch and Israeli firms, is representing Teva Pharmaceuticals as it seeks to acquire rival Mylan for $43bn, having replaced Kirkland & Ellis as the company’s adviser. Sullivan & Cromwell is acting for Teva, as well as Netherlands firms De Brauw Blackstone Westbroek and Loyens & Loeff. The company is […]
Stewarts Law has posted total revenue of £52.8m, signalling growth of almost 14 per cent on the previous year’s lower than expected results, with the top of equity rising to £1.53m. The financial results are a return to form for the litigation boutique after turnover inched up in 2013/14 to £46.4m from £45.2m the previous […]
Sullivan & Cromwell, along with a host of US, Dutch and Israeli firms, is representing Teva Pharmaceuticals as it seeks to acquire rival Mylan for $43bn, having replaced Kirkland & Ellis as the company’s adviser. Sullivan & Cromwell is acting for Teva with a corporate team consisting of New York partners Joseph Frumkin and Krishna […]
Watson Farley & Williams’ (WFW) has announced that its revenue climbed 7 per cent in 2014/15 from £117m to £125m. The figures reflect the firm’s half year results published in November, showing an increase in revenue by 8 per cent reaching £56.8m (26 November 2014). Co-managing partner Chris Lowe said in a statement that WFW […]