LLP latest: CMS Cameron McKenna posts revenue and profit drops for LLP but highest earner remains stable

Top ten LB100 firm CMS Cameron McKenna has posted a revenue drop for its UK limited liability partnership (LLP) of 6.6% for the 2012/13 financial year alongside a 12.5% decrease in operating profit, accounts filed at Companies House showed yesterday (14 January). Turnover fell to £212.6m from £227.6m in 2011/12 financial year while group operating profit …

In-house: RFU rejigs legal team as deputy head joins sports firm Couchmans

The Rugby Football Union (RFU) has reconfigured its in-house legal team recently, promoting in-house lawyer Angus Bujalski (pictured) to lead its legal team following the recent departure of deputy head of legal Polly Handford to become a partner at sports law firm Couchmans. The RFU has now appointed former Slaughter and May lawyer Bujalski as …

Herbert Smith Freehills announces hire of Maitland Chambers Tom Leech QC as Murray Rosen QC retires

Herbert Smith Freehills has today (9 January) announced the hire of Tom Leech QC, who has left Maitland Chambers to join the top 10 LB100 firm as a partner in its advocacy group in London. Having joined the Bar in 1988 and taken silk in 2010, Leech has spent his entire career at Maitland Chambers. …

Real estate round-up: Clifford Chance, Taylor Wessing and Burges Salmon start New Year on front foot

Clifford Chance (CC), Taylor Wessing and Burges Salmon have emerged as the pace setters for real estate work in the first few days of 2014, with each having completed significant UK commercial property deals recently. Clifford Chance advised GIC, Singapore’s sovereign wealth fund, on both the purchase of a 50% interest in the Broadgate Estate …

Fallout begins as Dundas & Wilson suffers spate of partner exits post-CMS merger deal

The fallout from Dundas & Wilson‘s recently announced takeover by CMS Cameron McKenna has begun in earnest, with the Scottish firm confirming that a number of partners are to leave. Construction partner Siobhan McCloskey-Oudahar; head of real estate disputes Andrew Walker; employment partner David Walker; head of environment Mark Brumwell; employment partner Mandy Laurie; IP/IT partner Allan …

Board level appointment for incoming Tui general counsel

Leading European travel group Tui AG has become the latest major corporate to announce a board level legal appointment as former Clifford Chance (CC) lawyer and Demag Cranes head of legal Hilka Schneider joins as general counsel (GC). Schneider, who in 2008 took over as head of the legal department at Demag and in 2011 saw …

LLP filings 2012/13 – Nabarro’s highest earner sees pay increased by 31%

Following a seven-month period in which its year-end profitability rose significantly but its half-year revenue was flat, top 30 LB100 firm Nabarro today (6 January) filed its limited liability partnership (LLP) accounts for the 2012/13 year, unveiling a 31% pay increase for its top fee-earner and a 13% drop in partner numbers. The firm’s LLP accounts …

New Year, new job: Hogan Lovells boosts global partnership by 29 in latest promotion round

Hogan Lovells has increased the number promoted to partnership this year to 29, of which 11 made the cut in its City office. Effective since 1 January, the promotions are spread throughout multiple practice areas, including disputes (7), corporate (7), finance (5), government regulatory (5), and intellectual property (5) – equating to 13 promotions in …

In-house: high-profile Pfizer GC steps down while former Dewey chair appointed as a UAE legal adviser

She has built a reputation as one of the most powerful and influential lawyers in the world but Pfizer has confirmed that its high-profile general counsel and executive leadership member Amy Schulman is to leave the pharma giant just weeks before the in-house lawyer was due to take up a new post. Schulman had joined …

LLP results 2012/13 – CC reveals drop in management committee pay as LG records further decline in turnover

Clifford Chance’s (CC’s) limited liability partnership accounts for the 2012/13 year have revealed a 5% drop in total remuneration paid to the firm’s management committee, according to the latest filings with Companies House. Published on 23 December, the accounts show that the 16-strong management committee team received £18m this year, compared to £19m for the …