Macfarlanes LLPs show profit dip to £82.5m as management pay rises
After record profitability last year Macfarlanes has reported a 9% fall in profits to £82.5m, while management pay was up, according to its latest LLP accounts.
‘The clear leader’: Burford Capital merges with US rival Gerchen Keller to create funding powerhouse
Litigation funding company Burford Capital is set to acquire Chicago-based investment manager Gerchen Keller Capital for $160m to create a firm with $1.2bn in assets in ongoing cases.
‘Step change in standards’: CMA sets timeline to improve price transparency in legal services
The Competition and Markets Authority (CMA) has said clients are struggling to find legal services at the right value following its year-long review into legal services industry.
Matrix Chambers clears Ben Emmerson QC after investigation into sexual assault allegations
Matrix Chambers has concluded an investigation into top silk Ben Emmerson QC following allegations of sexual assault during his work on the Independent Inquiry into Child Sexual Abuse (IICSA) and found he did not commit any act of sexual assault or harassment.
Slaughters seeks to maintain no billable hours culture with associate pay revamp
Associates at Slaughter and May will receive salary increases of up to 10% as of January 2017 following a major review of the firm’s pay structure, as well as options for working from home and a paid sabbatical.
Q&A: Baker McKenzie managing partner Chadwick on leadership, the Big Four and law firm consolidation
Having taken on the top London role from popular global chair Paul Rawlinson, Baker & McKenzie London managing partner Alex Chadwick (pictured) talks to Matthew Field on the challenges of leadership.
Linklaters, Cleary and White & Case advise as Glencore and Qatar take stake in Rosneft
Linklaters, Cleary Gottlieb Steen & Hamilton and White & Case are advising as Glencore and the Qatari Investment Authority (QIA) offer to take a €10.5bn stake in Russian oil giant Rosneft.
‘Not just blue sky thinking’: Linklaters launches innovation group and pilots coding training
Linklaters has set up a partner-led global innovation team to oversee the firm’s use of technology, including plans to teach its lawyers to code.
H1 2016/17: Nabarro posts solid financials ahead of 2017 mega merger
Ahead of its three-way tie-up with CMS Cameron McKenna and Olswang, Nabarro has increased its half-year revenues to £57.5m for the first six months of the 2016/17 financial year, up 2% on the same period last year.
Linklaters LLPs show profits up 5% as board members share £20m
Linklaters top board members received almost £20m in profits for the 2015/16 financial year, according to the firm’s latest LLP filings.