US financial results for 2014 continue to stream in with White & Case becoming the latest firm to reveal an increase in revenue while both K&L Gates and Cadwalader, Wickersham & Taft bucked the positive trend having turned in lacklustre performances.
Skadden, Arps, Slate, Meagher & Flom and Freshfields Bruckhaus Deringer have advised two of the world’s largest beverage can makers on an acquisition worth £4.3bn as Rexam agreed an offer from Ball Corporation.
Trowers & Hamlins has chosen to build on its representative office in Malaysia, following the country’s legal market liberalisation, by applying for a qualified foreign law firm (QFLF) licence.
The Law Society received a blow today (18 February) as its challenge to the government’s controversial plans to overhaul criminal legal aid was dismissed in the High Court.
US firms’ financials are continuing their positive trend, with recent releases showing revenue spikes and profit boosts including for Davis Polk & Wardwell and Paul, Weiss, Rifkind, Wharton & Garrison which both broke the billion-dollar mark in gross revenues last year.
Shearman & Sterling and Slaughter and May are among firms to have landed roles advising on Canadian insurance group Fairfax’s £1.2bn takeover of specialty insurer Brit as the group looks to boost its presence in the City.
Ashurst‘s first post-merger limited liability partnership (LLP) accounts show the firm’s operating profit increased 10.5% from £193.8m to £214.2m for the financial year ending 30 April 2014 as it contained staff costs and increased turnover.
Mayer Brown and Davis Polk & Wardwell have won roles advising Spanish airport operator Aena (Aeropuertos Españoles y Navegación Aérea) on its €4.3bn float on the Madrid Stock Exchange.
Kirkland & Ellis has hired Linklaters‘ head of real estate M&A Matthew Elliott, who leaves the Magic Circle firm after 17 years, in a bid to boost its private equity offering within the real estate sector.
Freshfields Bruckhaus Deringer has become the latest law firm to plan the launch of a low-cost services hub in Manchester as it seeks to move the majority of its support services team out of its London office.
