‘Significant progress’: Irwin Mitchell posts 6% revenue increase to £235m

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Irwin Mitchell has posted a revenue increase of 6% for the last financial year from £221.3m to £235.2m, with profit before tax of £12.3m. The results represent a solid performance in the first full year of combined financials with south-east firm Thomas Eggar, which Irwin Mitchell combined with in 2015. Last year the firm posted an 8% …

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‘Bumpy year’: Burness Paull posts flat revenue and profit as muted Scots performance continues

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Scottish independent Burness Paull has posted flat financials for 2016/17 with turnover up 1% from £53.3m to £53.8m, while profit per equity partner stands at £453,000 compared to £451,000 last year. Additionally, overall profit was down 2% from £22.5m to £22m in what the firm’s chairman Philip Rodney described a ‘bumpy year for the Scottish economy’. In …

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Sainsburys appoints eleven firms including Linklaters, Addleshaws, CMS and Dentons to new roster

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UK supermarket and retailer Sainsbury’s Group has appointed eleven firms to its new legal panel, including Linklaters, Addleshaw Goddard, Dentonsand CMS Cameron McKenna Nabarro Oslwang. The other firms on the roster are TLT, Cleaver Fulton Rankin, Lewis Silkin, Winckworth Sherwood, BLM, Mason Hayes Curran and Shepherd & Wedderburn.

Financials 2016/17: Bond Dickinson posts flat turnover as PEP drops 4%

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Financials 2016/17: Bond Dickinson posts flat turnover as PEP drops 4%

Bond Dickinson has posted flat turnover for 2016/17 of £104m, while profit per equity partner (PEP) has slipped 4% from £275,000 to £265,000. Meanwhile, profit per lawyer at the firm is up 2% to £38,000, albeit against a 7% fall in total lawyer headcount to 478. Equity partner numbers at the firm have increased by two …

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Eversheds Sutherland gains further momentum in Germany with fourth office in Düsseldorf

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Eversheds Sutherland has expanded further in Germany by acquiring Düsseldorf-based firm Grooterhorst & Partners, giving the firm a fourth office in the country. The office, which will launch today (1 August) with three partners, will initially focus on real estate and insurance with plans to become a full-service practice. The three partners, Johannes Grooterhorst, Marc Christian …

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Financials 2016/17: Growth slows for Brodies as Scottish independent posts 2.4% revenue increase

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Scottish independent firm Brodies has posted slower growth for the financial year 2016/17, with turnover up 2.4% to £66.7m, while profit per equity partner (PEP) has decreased slightly, down 2% from £597,000 to £585,000. However, profits before partner distributions rose by 2.6% to £31.7m and the firm’s cash balances increased by 14.4% to £18.2m in the seventh …

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DWF breaks into South America with associations following Asia launch

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DWF breaks into South America with associations following Asia launch

DWF has fulfilled its ambition to enter the South American legal market with new associations in Argentina, Panama and Colombia, following swiftly on from the firm’s Asia launch in June. The Manchester-headquarted firm has entered into associations with VAGEDES & Asociados in Argentina, Fabrega Molino in Panama and Duarte Garcia Abogados (DG&A) in Colombia. The associations will operate …

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‘Unshakeable integrity and commitment’: Bristows joint managing partner Savvides dies in cycling accident

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‘Unshakeable integrity and commitment’: Bristows joint managing partner Savvides dies in cycling accident

London head-quartered firm Bristows is mourning the death of joint managing partner Theo Savvides, who tragically passed away on 10 July following a cycling accident in France. Intellectual property (IP) partner Savvides joined Bristows three years ago from Osborne Clarke and was made joint managing partner in 2016. Having trained at Allen & Overy, he was also …

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‘Major consolidator’: Work Group raises £20m as it gears up to list Gordon Dadds in August

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‘Major consolidator’: Work Group raises £20m as it gears up to list Gordon Dadds in August

Following Work Group’s conditional £18.8m reverse takeover bid for West-End firm Gordon Dadds, Work Group confirmed it has successfully raised £20m, as the firm gears up to publicly list in August. Work Group said in a statement that it had raised £20m through the conditional placing of new ordinary shares in Work Group, at a post-consolidation price of …

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‘Particularly pleasing’: DAC posts 20% rise in PEP despite subdued revenue

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DAC Beachcroft‘s profit per equity partner has increased 20% from £358,000 to £432,000, despite subdued revenue growth which the firm attributed to global investments and challenging market conditions over the year. The firm recorded a 3% revenue rise from £201.6m last financial year to £207m this year. DAC Beachcroft notably further reduced its debt by …

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