Taylor Wessing has joined a band of leading City firms to have turned out a double digit increase in revenue for the 2013/14 half year (H1), unveiling a 10% increase in its UK turnover. The 960-lawyer firm has credited extensive investment, including international expansion and a series of lateral hires for the uptick in its performance, …
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Bird & Bird today (3 December) attributed a 5% increase in its half year (H1) 2013/14 revenues to the strengthening of its international offering, although the firm declined to disclose its underlying turnover figure. The 960-lawyer firm, which operates its accounts in euros, estimated growth of 5% in euros, which it claims equates overall to 10% …
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CMS Cameron McKenna has elected its first-ever female senior partner, as UK managing director and head of energy Penelope Warne takes over the role from longstanding management figure and corporate finance partner Dick Tyler, who has said he is ‘ready for a change’. Warne (pictured), who joined the firm in 1993 and set up the …
Hogan Lovells is set to lose financial disputes and legacy Lovells partner Luci Angus from its ranks in four weeks’ time. Having been made up to partner in 2007 prior to Lovells merger with Washington DC-based Hogan & Hartson, Angus is experienced in disputes involving banks and other financial institutions and completed a secondment at …
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Watson, Farley & Williams (WFW) has announced that longstanding managing partner Michael Greville has stepped down from his role as managing partner, according to a statement released today (28 November). Having been in the role for over 12 years, Greville will step down as chief in the middle of January 2014 and resume a fee-earning …
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The long-awaited decision over who will replace David Childs as Clifford Chance’s global managing partner (MP) has been announced, with the partnership electing global head of corporate Matthew Layton to take over the top management role after voting closed yesterday evening (27 November). Layton (pictured above with Childs) was widely cited in the early stages of the election process as …
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Just two days after Orrick, Herrington & Sutcliffe and New York-headquartered Pillsbury Winthrop Shaw Pittman called off their potentially game changing merger, Dentons and McKenna Long & Aldridge have announced that their partners have said no to a tie-up, after the decision was put to a partnership vote yesterday (26 November). Both firms confirmed that they were …
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The University of Law has recorded a net profit of over £14m in its latest financial results, just a year after being purchased by private equity house Montagu Private Equity for £177m. Accounts filed at Companies House reveal the UoL, formerly a charity, posted turnover of £53.3m over an 18-month period dating from February 2012 …
Nabarro is to open an office in Dubai early next year following the Dubai government’s granting of a licence to the firm, in what will become its third international office. Announced today (21 November), the new office will be led by construction and engineering head Terry Fleet, a former in-house lawyer at Costain, Babcock International …
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Norton Rose Fulbright has made 30 staff redundant throughout its Australian offices, including 12 fee-earners and 18 support staff. The firm stated this was ‘not a change that is happening in any other region than Australia – it is a local response to a local market.’ A spokesperson for the firm added: ‘This was a difficult …
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