CMS has reported revenue and profit growth for 2015, with turnover increasing 8.4% year-on-year to £735.2m, and profits up 6.8%. The revenue figure includes fees from CMS’s ten member firms which operate under the CMS brand as part of a European Economic Interest Grouping.
The Bar Council has published an analysis of the impacts of Brexit in an attempt to provide a neutral analysis of the debate. Leaving the European Union would be ‘extremely complex’ with the need to introduce new rules if Britain is to remain in the European Single Market, according to the report.
After MPs in the BHS inquiry called on the law firms involved to disclose further details of their dealings, Olswang has failed to provide details of its fees, while Linklaters and Nabarro have released what they billed.
Predictions of a pay war have proved correct after four US firms followed Cravath, Swaine & Moore into bumping up their associate pay.
Norton Rose Fulbright and Allen & Overy (A&O) have advised as Horizon Nuclear Power has announced its joint venture for a £10bn nuclear power plant in Wales.
Linklaters has complained to MPs over questioning during the BHS inquiry hearings and comments made by Labour’s Frank Field over the law firm’s role in the sale of BHS by Arcadia Group.
National law firm Freeths and Ipswich outfit Birketts are the latest LB 100 firms to report their financials, both enjoying record revenues for the year 2015/16.
Just days after news of the departure of Deutsche Bank’s global legal strategy head Emma Slatter, it has emerged that the bank’s head of active asset management James Hooper is also departing.
Norton Rose Fulbright (NRF) is to expand its public finance practice and open up a new office in San Francisco by taking on a team of lawyers from Sidley Austin.
Senior lawyers have called on the Government to protect the independence of the Land Registry following proposals to privatise its operations.
