LLP latest: Taylor Wessing tightens its belt as Pinsent Masons gets expansive

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LLP latest: Taylor Wessing tightens its belt as Pinsent Masons gets expansive

The latest round of LLP accounts show profit, management pay and remuneration for the highest earning member all fell at Taylor Wessing, while Pinsent Masons delivered strong growth across the board, pushing its top earner past the £1m mark. Taylor Wessing’s accounts for the year to 30 April 2017 show that despite a small 2% increase in …

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LLP accounts: Addleshaw Goddard boasts ‘underlying’ growth as top-earner takes a haircut

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LLP accounts: Addleshaw Goddard boasts ‘underlying’ growth as top-earner takes a haircut

LLP accounts show Addleshaw Goddard’s top earner took a 30% pay cut as both profit and income fell in a year when Brexit affected transaction levels in the first half before a recovery after September. However, the firm insists it is performing well and growing on an underlying basis, both domestically and internationally, as it …

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In-house: Former Aviva leader Risam lands at Blackstone wealth management firm

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In-house: Former Aviva leader Risam lands at Blackstone wealth management firm

The highly-regarded former Aviva UK Life general counsel (GC) Monica Risam has joined Luxembourg wealth-structuring company Lombard International Assurance as its Europe GC. Risam (pictured) will lead a multi-disciplinary team of about 60 people across legal, regulatory affairs, company secretariat, risk and compliance at the company, which is owned by private equity giant Blackstone Group …

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And then there were three: DLA Piper senior partner finalists named

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DLA Piper’s first senior partner contest in a decade is down to three candidates after the first round of voting closed on Friday (26 January). London-based international corporate head Bob Bishop, emerging markets managing director Andrew Darwin, and corporate partner Jon Hayes now face 10 days of hustings before the firm’s new senior partner is …

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‘Enormous’ £75.5m currency boost flatters DLA Piper LLP accounts

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‘Enormous’ £75.5m currency boost flatters DLA Piper LLP accounts

  The dramatic impact of currency markets during the 2016/17 period has significantly bolstered another law firm’s LLP accounts, with the latest beneficiary, DLA Piper International, adding £75.5m to its top line on the back of exchange rate movements last year. This currency boost accounted for 69% of the international (non-US) revenue improvement for the …

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Societe Generale names a dozen firms to new global law roster

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Societe Generale names a dozen firms to new global law roster

French financial services group Societe Generale (SocGen) has named 12 law firms to its new international panel, with a further six practices instructed for disputes and tax work. The panel is split into 12 full-service firms, which is broken down further into eight ‘preferred’ firms and four ‘selected’ firms, with a further six specialists responsible …

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Revolving doors: Baker McKenzie and Clyde & Co double up in the City as international hires gain momentum

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The City is stirring during a typically dreary January with at least six firms making lateral partner hires in London, while others bolster in Europe and Asia. Baker McKenzie and Clyde & Co both landed two London partners in the last week, while Osborne Clarke, White & Case, Fieldfisher and Brown Rudnick added to the …

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On your marks: eight DLA Piper partners line up in tight senior partner race

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A large pool of partners have entered DLA Piper’s first contested senior partner race in a decade following last year’s surprise departure of Juan Picón to Latham & Watkins. Eight partners, including five from London, will vie to replace Picón in a two-stage election process which will whittle the candidates down to the most popular …

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Burness Paull draws line under legacy conflict saga as it settles £160m dispute

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Burness Paull draws line under legacy conflict saga as it settles £160m dispute

Scottish independent Burness Paull has reached a confidential settlement in a £160m dispute relating to its legacy business Paull & Williamsons, which came to light in late 2016. The former chairman and principal shareholder of oil service firm International Tubular Services (ITS), Robert Kidd, filed the claim against Paull & Williamsons alleging it acted for …

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New year, new broom as in-house teams unveil fresh external adviser panels

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The results of a handful of legal panel reviews have been announced in the first week of 2018 by Lloyds Banking Group, the Pension Protection Fund (PPF), Metro Bank, and the Scottish Professional Football League (SPFL). Linklaters, Clifford Chance, CMS Cameron McKenna Nabarro Olswang, Eversheds Sutherland, Herbert Smith Freehills, Bates Wells Braithwaite, Osborne Clarke, Ashurst, …

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