Manchester firm JMW Solicitors has announced its profits have increased from £17.2m to £19.4m for the 2014/15 financial year. The firm boasted a profit increase of 8.5 per cent from £3.5m to £3.8m. JMW’s average profit per equity partner also grew reaching £410,000. The results continue the firm’s trend of increased yearly revenue figures. JMW […]
Mergers have been a staple of the legal landscape over the past few years as the market continues to consolidate. Nevertheless, the rate of combinations has declined in the last six months. In our analysis, we ask whether there has been a return on partner investment. Mergers: bigger is not always better DWF announces May […]
Clifford Chance and King & Wood Mallesons (KWM) have picked up top roles advising National Australia Bank (NAB) on its $5.5bn capital raising for a possible demerger from Clydesdale Bank. NAB has long been a client of KWM with the firm advising the bank on its first ever “green” bond issuance and convertible preference shares […]
The winners will be announced at an awards ceremony on Tuesday 23 June at the Grosvenor House Hotel in London.
It must be very confusing to live on the road known variously as Euston, Marylebone and Pentonville Road. One road, three names. It wasn’t always so; in 1857 the road’s name was changed from New Road to its current nomenclature. And the Marylebone Road bit starts at Regent’s Park and runs to the Westway, that […]
Kennedys has promoted four solicitors to its partnership, three of whom are women. The promotions continue Kennedys’ focus on its insurance liability with half the lawyers specialising in this area. The new partners are Anne-Marie Hodges, Amanda Mead, Jonathan Evans and Samantha Silver. Of the firm’s 169 partners over a quarter of them are female. […]
The cross-sector energy team at Wragge Lawrence Graham & Co has advised established client Grid Essence on the sale of a portfolio of eight solar PV parks, which have an overall energy production capacity of 53MW, and the subsequent refinancing of the projects. The first phase of the deal (which completed on 21 April 2015) involved […]
The Indonesian member of the ZICOlaw network has teamed up with Japanese firm Anderson Mori & Tomotsune (AMT) to offer advice to Japanese clients making inbound Indonesian investments. AMT has set up a Jakarta desk in Roosdiono & Partners’ (R&P) offices with the aim of providing advice to Japanese clients expanding into Indonesia. According to […]
Birmingham law firm Gateley is set to become the first firm in the UK to float on the London stock exchange. According to The Sunday Times, the firm has been in talks with City fund managers to float on the stock market as early as this year, valued at an estimated £130m to £140m. A spokesperson […]
Asda has launched a review of its relationship with its roster of external legal advisers in a project internally known as ‘Project Spark’. The review will see general counsel Alex Simpson revaluate the retailer’s contracts with law firms to “produce greater alignment and to drive better value and a better quality service”, he told The […]
Merger talks between Midlands firms Shakespeare and SGH Martineau are ongoing with discussions now expected to be completed by the end of next month. The firms originally announced they were in talks in March, and said that they hoped the tie-up to be complete by May (2 March 2015). A Shakespeares spokesperson said: “We at […]
Forsters has reported double-digit growth for the fifth consecutive year in its 2014/15 financial results. The firm boosted its revenue from £36.5m to £41.5m during the 2014/15 financial year, a growth of 13 per cent. Average profit per equity partner (PEP) rose 8 per cent from £500,000 to £537,000. The firm’s revenue grew from £32.5m […]