Issues

Wiggin proves small can be beautiful

There are results, and then there are results. And Wiggin’s 80 per cent jump in net profit falls squarely into the latter category. How has this 23-partner Cheltenham-headquartered media boutique managed this epic return to form, you ask? According to the firm’s chief executive officer John Banister it all boils down to the ability as […]

No5 Chambers set to hold annual employment seminars in Birmingham and London

No5 Chambers’ employment group will be holding its annual employment seminars on 3 October 2014 in Birmingham and 17 October 2014 in London. Barristers from the 32-strong group will be giving talks on topics including amendments to TUPE, disability and employer’s knowledge, zero-hours contracts, top tips to consider in a High Court injunction application, and unfair dismissal […]

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Slater & Gordon UK doubles revenue to £101m for 2013/14 year

Slater & Gordon’s UK revenues have smashed through the £100m barrier, with an 119 per cent increase in turnover from £46.1m to £101m (A$182.5m) for the 2013/14 financial year. The firm’s preliminary financial report to the Australian Stock Exchange (ASX) attributed £15.1m of the firm’s overall net profit after tax to its activity in the […]

innovate finance

Withers advises on launch of new tech industry body Innovate Finance

Withers has advised on the establishment of new industry body Innovate Finance, which supports the growth of cutting-edge technologies in the UK’s financial sector. The firm won the mandate via a competitive tender process, fending off at least three rivals in the process. It is thought that Fieldfisher was among the firms to have shown […]

Beijing

Pillsbury taps Paul Hastings for Beijing office launch

San Francisco firm Pillsbury has launched a Beijing base after taking a two-partner team from US rival Paul Hastings. Corporate and securities lawyers David Livdahl and Jenny Jia Sheng, who are also admitted to practise in California and New York respectively, are expected to bring three associates across with them. In addition to his work […]

New York

JP Morgan Chase retail GC exits bank

JPMorgan Chase & Co’s retail-banking general counsel Matthew Biben has left the bank three years after joining. Consumer and community banking general counsel Biben left the bank in June. He has been replaced by global head of litigation and acting consumer and community general counsel Jill Centella. Biben headed up the legal function for a […]

money
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Wiggin posts 22.3% rise in revenue for 2013/14 to £15.9m as profit jumps by 80%

Cheltenham-headquartered media boutique Wiggin has posted a 22.3 per cent increase in revenue for the 2013/14 financial year, from £13m to £15.9m. In a year when the firm’s financial metrics bounced back significantly, Wiggin’s net profit jumped up from £3.1m to £5.68m, a rise of 80 per cent while average profit per equity partner (PEP) […]

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Linklaters and A&O wade into Med for BES sale

Linklaters and Allen & Overy (A&O) have become the latest international firms to play a defining role in the reshaping of Europe’s banking sector, advising on the rescue of Portugal’s beleaguered Banco Espirito Santo Linklaters and Allen & Overy (A&O) have become the latest international firms to play a defining role in the reshaping of […]

drax

HSF client Drax loses £1.3bn Government subsidy case

Herbert Smith Freehills (HSF) client Drax has been defeated in the Court of Appeal over £1.3bn in Government renewable energy subsidies. Partner Nusrat Zar represented the power giant in its row over the Government’s decision to withdraw subsidies for the energy giant’s conversion from coal-power units into biomass-fuelled generators last year. The firm secured a […]

The Lawyer Cover 2807

Top 10 stories, 1 August – 7 August 2014

Take a look at the most-read stories on TheLawyer.com this week and share your views. Just as we thought the mudslinging over the salaries paid to marketing chiefs at City firms was dying down, one communications director added fuel to the fire. Pinsent Masons’ director of communications and business development strategy Andy Peat added his […]

RTPR Allen & Overy appoints Valentin Berea as partner in Bucharest

RTPR Allen & Overy has strengthened its competition, dispute resolution and IP practices with the appointment of Valentin Berea as partner, together with a team of three lawyers, based in Bucharest. Berea has won some of the most notable anti-trust litigation cases, including, together with his team, succeeding in obtaining in court the first significant reduction (of […]