Issues

Clean-air company that Walker Morris built wins innovation award

A pioneering technology developed by a spin-out company from the University of Salford has been recognised for its ingenuity at the Times Higher Education Awards. The Salford Valve Company was spun out from the university in 2013 and was assisted in its formation by a multidisciplinary team from Walker Morris comprising specialists from the  corporate, commercial […]

money

Irwin Mitchell cuts net debt by 95 per cent in first full year as ABS

Irwin Mitchell saw net debt fall 94.7 per cent from £13.5m to £713,000 at the end of the latest financial year, according to the firm’s 2013/14 Companies House accounts filing. According to the accounts, the firm had bank loans and overdrafts of £19.8m at the start of the financial year. Over the course of the […]

Rosneft sanctions case against UK Government heads to European courts

Russia’s annexation of the Crimea last year and the ensuing, ongoing Ukraine crisis has had an impact on many individuals and corporates. Not all those affected have the resources to challenge the sanctions. One company which does is Russian oil giant Rosneft, which is arguing before the UK and European courts that the sanctions are […]

Midlands deals market on the up, says Gateley

It has been an encouraging 12 months for the Midlands deals community as confidence returns, according to the Birmingham office of Gateley. The firm’s corporate team in the Midlands says it started the year as the most active legal adviser by deal volume for the second year running, going by Experian Corpfin’s annual league table […]

Kirkland welcomes Linklaters’ Elliott through its revolving door

The revolving door at Kirkland & Ellis has certainly picked up momentum in 2015 as the firm prepares to usher in its second major London recruit this year – Linklaters’ corporate star Matthew Elliot. Elliott’s hire is quite a coup for the firm. The highly regarded corporate partner has been a stalwart at Linklaters since […]

New transport partner for Eversheds Switzerland

Eversheds has bolstered its international transport offering with the hire of partner Barbara Klett, who joins from Kaufmann Rüedi Rechtsanwälte. A specialist in the transport and insurance sectors, Klett’s expertise lies in assisting clients in national and international commercial, contract and private law. She provides strategic legal advice, litigation and mediation with a particular focus […]

Rory O'Brien

RPC kicks off management consultancy business with Towers Watson hire

RPC has hired Towers Watson risk consulting and software chief Rory O’Brien to launch a management consultancy business, which will trade as RPC Consulting. O’Brien joined RPC on Monday (9 February) as a partner and a member of the firm’s management board. RPC managing partner Jonathan Watmough described O’Brien’s hire as “a statement of intent” […]

Money dollars
2

Mayer Brown boosts revenue by 7 per cent to $1.2bn in 2014

US firm Mayer Brown has posted a 7 per cent increase from $1.14bn to $1.2bn (£785m) in its year-end financial results. The firm’s PEP also increased by 12.8 per cent, rising from $1.3m to $1.44m in 2014. This result follows the growth trend demonstrated last year, when the firm bucked the general trend and showed […]

San Francisco

Cooley’s revenue rocketed by 19 per cent to $802m in 2014 prior to City launch

Cooley has announced a 19 per cent increase in revenue for the 2014 financial year, with turnover growing from $674m to $802m (£524.5m). The figure is a substantial improvement for the firm, which has reported a 9 per cent increase in revenue each year since 2011.  The California-based firm also saw an 11 per cent […]

Money

Sidley Austin financial results show 9.5 per cent growth in year-end revenue

Sidley Austin’s financial results show revenue climbing 9.5 per cent from $1.601bn in 2013 to $1.753bn last year. Revenue per lawyer increased 5.3 per cent, growing from $942,000 to $995,000. Profit per partner increased by 6.1 per cent to $1.99m, while net income rose 11.2 per cent from $601m to $608m. Sidley Austin London managing […]