Issues

John Allen nauta
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NautaDutilh mourns loss of partner killed in Malaysia Airlines crash

Benelux firm NautaDutilh has paid tribute to IP partner John Allen, who was killed with his family in the flight MH17 plane crash last week. Allen, his wife Sandra and their three sons Christopher, Julian and Ian were all on board the Malaysia Airlines flight from Amsterdam to Kuala Lumpur when it crashed in Ukraine […]

Co-op

Hogan Lovells and Addleshaws advise on £620m sale of Co-op Pharmacy

Hogan Lovells and Addleshaw Goddard are among the firms to win key roles on Bestway’s acquisition of The Co-operative Group’s 774-branch pharmacy chain. The Co-op plans to use the £620m in proceeds from the deal to reduce its stockpile of debts, and invest in other parts of the business.  Hogan Lovells advised longstanding client Bestway on […]

Watmough
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RPC reports first profit drop in five years, revenue up to £84.1m

RPC has reported a 3 per cent drop in net profit from £26.8m to £26m at the end of the latest financial year, alongside a 2.4 per cent rise in turnover from £82.1m to £84.1m. Last year RPC announced a revenue increase of more than 20 per cent from £68m in 2011/12 to £82.1m at […]

Leeds law undergoes a shake-up

Yorkshire has been the source of many good things over the centuries – Yorkshire puddings, Geoff Boycott, the Brontë sisters, Alan Bennett, and seven London 2012 gold medallists all spring to mind. It’s also the source of some of the world’s largest law firms, not least DLA Piper, which started life as Dibb & Co […]

money

Financials 2013/14: partner revenues reach new heights as market swings back into action

Freshfields Bruckhaus Deringer partners generated the highest revenue on an individual basis than any firm in the UK200 Top 10 in 2013/14, posting a revenue per partner (RPP) figure of £2.88m. The firm’s partnership numbers stayed steady over the last 12 months, increasing by one to 428 despite five lateral hires during the financial year. […]

Leeds
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Leeds Big Six lawyer numbers slump as city’s legal market reinvents itself

Lawyer and partner numbers among Leeds’ ‘Big Six’ law firms – Addleshaw Goddard, DLA Piper, Eversheds, Pinsent Masons, Squire Patton Boggs and Walker Morris – have dropped in the past five years, The Lawyer can reveal. Research carried out for this week’s lead feature shows that total staff numbers employed by the six firms in Leeds […]

High Court

Billionaire oligarch switches from Sidley to HSF for mammoth hotel battle

Naomi Campbell’s oligarch ex Vladislav Doronin has dropped Sidley Austin for Herbert Smith Freehills (HSF) for the latest round of his High Court battle with his business partners. The Russian property tycoon is going head-to-head with business partners Omar Amanat and Adrian Zecha over control of super-luxury hotel chain Aman Resorts. Last week (14 July), […]

Lloyd's of London

BLM returns to profit growth with 11 per cent PEP rise to £249,000

BLM has seen its profitability return to growth with average profit per equity partner (PEP) rising 11 per cent from £224,000 to £249,000 in 2013/14. The results follow a disappointing 2012/3, when PEP fell by almost 10 per cent and net profit was down by 8 per cent, from £15.1m to £13.9m. Last year BLM […]

money

2013/14 financials: the results are in

Keep up to date with all the latest figures coming in from The Lawyer UK200 with our revenue table for 2013/14. The majority of UK firms to have published revenues for the 2013/14 financial year have seen a return to growth. Outside the magic circle, Mishcon de Reya has produced the highest average profit per […]

Cat Griffiths index
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Outflanked in this War of the Roses

A few weeks ago in my leader (16 June) I asked why Leeds seemed to have fallen off the pace compared to other regional cities’ legal offerings. That question led to some research, which in turn has led to this week’s analysis by special reports and Europe editor Joanne Harris, which gives a data-led picture […]

Speechly Bircham

Measure of success for Charles Russell Speechlys

How to tell if the Charles Russell Speechlys combination will work out How do you judge the success of a law firm merger? For Speechly Bircham and Charles Russell partners, who voted last week to combine in November, judgment day is a few years off, but there are some clear markers. Let’s start with the […]