With the UK banking reporting season in full swing, Lloyds Banking Group, Standard Chartered and HSBC have all upped their provisions for settlements and legal claims.
Accountancy giant KPMG has triumphed at London’s High Court today (24 February) after an unprecedented judicial review taken by Holmcroft Properties was dismissed.
Dentons continues to build its City offering through lateral recruitment, confirming the hire of Clifford Chance (CC) senior capital markets partner Peter Voisey (pictured) in a bid to capture greater market share.
Following BT’s high-profile £12.5bn takeover of UK mobile business EE, it has emerged the companies’ plan to consolidate external legal panels, while EE’s general counsel James Blendis (pictured) has been appointed to BT’s legal leadership team.
FTSE 100 company Land Securities has kicked off a panel review of its external legal roster now that the current three-year term has come to an end.
Nearly six years on from its transatlantic union Hogan Lovells continues to post modest financial growth as its results today (16 February) showed revenue for the calendar year increased by 2.3% to $1.82bn in 2015 from $1.779bn in 2014 while profit per equity partner (PEP) increased by 2.7% to $1.250m from $1.217m.
US firm Cooley continues to recruit major lateral hires into its year-old London office as it has announced today (11 February) the appointment of senior finance partner John Clark (pictured) from Mayer Brown.
Cooley‘s financials for 2015 show revenue has risen 14% to $912m, while profit per equity partner increased by 9% to $1.9m, off the back of the firm’s London office launch in January last year.
King & Wood Mallesons (KWM) has come under scrutiny for an ’embarrassing’ error made on a £40m real estate finance deal carried out on behalf of private equity group, Better Capital, last March.
CMS Cameron McKenna has revealed a 26% rise in group turnover to £259.2m from £206.1m, boosted by the acquisition of Scottish firm Dundas & Wilson in 2014 which posted turnover of £47m.
