Waterstones general counsel Elisabeth Sullivan has left her position after less than a year, today (22 September) announcing she has taken the inaugural GC role at Efficio Consulting. Efficio Consulting is a global management consultancy with offices across Europe, America and the Middle East. In a LinkedIn post today, Sullivan said she would assume her new …
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Google’s parent company, Alphabet, suffered a serious setback this week as the European Union General Court upheld a European Commission antitrust ruling against the company worth €4.125bn. The case centred on whether Google has used its Android operating system to effectively bar competition. According to the original decision, in 2018 the Android operating system was …
Disputes-only outfit Signature Litigation has marked its tenth year since inception with a marginal rise in revenues, inching upwards 1.5% from £27.4m to £27.8m. Staff had cause for cheer, however, as they were paid an increased annual profit share of 18.7% in line with Signature’s co-operative model. Last year, when revenues grew by 22%, the …
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‘The global Magic Circle is all American. The reality is that the English Magic Circle are now competing with the next tier down of US firms. So, for a UK Magic Circle firm to merge with a lower tier US firm would likely be accretive.’ So says Charlie Geffen, formerly a partner at Ashurst and Gibson Dunn. He expresses a common pessimism …
Everything started off so friendly – in the weeks leading up to our visit, Assurety Training had kindly sent Legal Business some branded chocolate. And on the morning of our visit, my fellow reporter Megan Mayers and I were welcomed with coffee and snacks. I naively assumed our visit would be a largely academic affair, …
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Quinn Emanuel Urquhart & Sullivan has appointed RPC’s head of competition, Lambros Kilaniotis, to boost its City antitrust offering. Kilaniotis, who has been with RPC since 2013, is a solicitor-advocate with a dual contentious and non-contentious competition practice. On the disputes side, Kilaniotis has represented claimants on competition damages claims relating to the interchange fees …
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As financial results season enters the home straight, Scottish leaders Burness Paull and Brodies, as well as London-based disputes firm Stewarts, have announced strong increases to their top and bottom lines. Burness Paull has unveiled a bullish set of financial results, with a 9% rise in turnover to £78.6m and a 7% hike in profit to …
In a significant move for the Middle Eastern shipping market, sector specialist HFW has hired partners Robert Lawrence and Ian Chung from rival Clyde & Co in Dubai to strengthen its grip in the region. Lawrence and Chung are doyens of the shipping sector in the United Arab Emirates, ranked as ‘leading individuals’ in The …
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HFW attributed a 1% dip in revenue from £200m to £198.7m to a ‘prudent’ reduction in lawyer headcount during the pandemic, while profit per equity partner (PEP) also slipped. PEP was down 2% from last year’s record high of £683,000 to £669,000, which the firm chalked up to the drying up of pandemic-era cost savings: ‘HFW …
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Dentons has become the latest firm to post encouraging financials for 2021/22, announcing a robust 14% increase to its top line across its UK, Ireland and the Middle East (UKIME) business, which reached £260.4m. Much of the growth was driven by a surge in corporate activity, with the UK corporate group seeing revenues hike by …
