Ashurst has improved its revenues by 7%, following last year’s disappointing financial results, with an 11% boost to its profits per equity partner (PEP).
Clyde & Co has picked up a five-lawyer marine team from newly-merged Eversheds Sutherland, including the firm’s head of shipping.
Sullivan & Cromwell has advised as UK-headquartered alcoholic beverages company Diageo as it buys up tequila company Casamigos for $1bn.
The Queen’s Speech today (21 June) has largely confirmed the prime ministers’ focus on Brexit, with new national legislation and reforms to the domestic legal framework, although the list of bills will remain a ‘moving target’.
The number of female practice certificate (PC) holders increased yet again by 3% to 67,393 from 65,147 as at July 2016, yet number of female partners remained relatively stagnant increasing only by seven to 8,105, according to the latest Annual Statistics Report from the Law Society, a trend echoing last year’s report.
Stephenson Harwood has posted another year of growth with revenues up 11% to £176m. The firm, however, saw a drop of 9% in its profits per equity partner (PEP), the number dipping to £708,000, partly due to the effect of the Brexit vote last June.
King & Spalding and Sullivan & Cromwell are leading one online food-delivery service Delivery Hero’s planned initial public offering (IPO) €1bn target, with Freshfields Bruckhaus Deringer advising the underwriters.
Pinsent Masons has hired Scottish rival Maclay Murray & Spens’ financial services head David Young (pictured) to Pinsents’ Edinburgh and London offices, as it grows its funds and finance offering.
Vinson & Elkins (V&E) has hired London Clifford Chance (CC) finance partner John Dawson, as the US firm strengthens its push into the City.
Solicitors’ bulging code of conduct looks set to be drastically slashed in length and further liberalisation of legal services ushered in under proposals from the UK’s largest legal watchdog.
