Mark Browne, from Lincoln, died in 2012 aged 46 after his GP, Dr Nicholas Smith, failed to detect that he had symptoms of rectal cancer. Mr Browne and his family were represented by Lime Solicitors in Leicester and No5 Chambers barrister Henry Pitchers. Dr Smith ultimately admitted wrongly diagnosing Mr Browne with piles rather than […]
So now we know. After speculation about the state of the UK market and the performance of the Magic Circle big four in particular, all of the quartet – Clifford Chance, Linklaters, Freshfields and Allen & Overy – have now reported their financial results. And, frankly, they’re pretty good. But while all four have been […]
Barclays has taken a radical approach to appointing legal advisers in its first review since 2011, which has slashed the list of firms. A&O, Freshfields, Hogan Lovells, and Simmons among firms taking spots on Barclays’ reduced panel Barclays: work together to keep panel place Former White House lawyer Bob Hoyt named as Barclays general counsel […]
It’s official. For the fifth consecutive year Clifford Chance is the biggest grower in the UK magic circle. But it’s good news all around for the firm’s peers. Today Freshfields Bruckhaus Deringer and Linklaters also announced increased revenue. At Freshfields turnover is up 1 per cent to £1.232bn, while Linklaters increased revenues by 5.9 per […]
Pinsent Masons has announced a 4.6 per cent increase in revenue from £309m to £323m with a corresponding increase in average profit per equity partner (PEP). The unaudited figures released today (8 July) state that PEP at the firm increased by 4.5 per cent from £387,000 to £405,000 for the 2013/14 financial year. The positive […]
Simmons & Simmons has unveiled a 7 per cent increase in turnover for the 2013/14 financial year, with revenue rising to £268.6m from £250.3m in 2012/13. Net profit has gone up by 13 per cent, to around £75m from £66.2m, while average profit per equity partner (PEP) increased by 5.3 per cent to £553,000 from […]
Norton Rose Fulbright has posted turnover of $1.851bn (£1.152bn) in its first financial year after the merger of legacy firms Norton Rose and Fulbright & Jaworski. The transatlantic merger, which was announced in November 2012, went live on 1 June 2013 (14 November 2012). The $1.851bn in revenue recorded for the 2013/14 financial year falls slightly short of […]
Mishcon de Reya has posted its financial results for 2013/14, which reveal a doubling of turnover since 2009. Last year Mishcon’s London revenue grew by 17 per cent from £83.4m to £97.8m, an increase that takes turnover just short of the three-year 2013-2016 business plan budget target of £100m that was set last year (23 […]
Clifford Chance might dominate the magic circle at the latest year-end but how has the firm performed over the last 10 years? Look inside the magic circle decade for a clearer perspective. For the fifth consecutive year Clifford Chance has dominated the magic circle in terms of revenue with turnover of £1.359bn, 7.6 per cent […]
One of the key findings in this year’s The Lawyer Asia Pacific 150 was that while international firms have been reassessing their positionsin the Asia Pacific region, local firms have been going for growth. One firm that is looking to buck that trend is Squire Patton Boggs. The firm, which was formed by the June […]
Freshfields Bruckhaus Deringer has pushed up revenue by 1 per cent at the 2013/14 year end to £1.232bn, while average profit per equity partner (PEP) increased by 6 per cent from £1.398m to £1.48m. Net profit has also climbed upward by 5 per cent from £548m to £578m for 2013/14 (5 July 2013). When foreign […]
Linklaters has returned to its strongest revenue position in five years after boosting turnover to £1.255bn for the 2013/14 financial year, up 5 per cent from £1.195bn. The figures put it behind Clifford Chance where revenue stood at £1.359m (1 July 2014) but ahead of Freshfields Bruckhaus Deringer where turnover held steady at £1.232bn for the […]