Ashurst revamps partner capital system
News that Ashurst is adopting a capital contribution system for partners this year finally brings the City International firm in…
News review
Surge of law firm openings in revitalised Middle East
The resurgence of commercial activity in the Middle East is prompting international law firms to strengthen their presence in the…
Katten Muchin Rosenman continues hiring spree
US firm Katten Muchin Rosenman remains on the charge in London following the hire of tax partner Sanjay Mehta from…
CMS group moves closer to one-firm model
The CMS group, which passed a major milestone this summer when it provided its financial results as a single entity…
Trowers unveils new strategy as Adlington bows out
Trowers & Hamlins senior partner elect Jennie Gubbins has told LB that she is looking to raise the firm’s corporate…
Rule changes put transfer pricing practices centre stage
The increased global focus of governments on tax avoidance means a handful of international law firms have been pushing their…
Family law firms clamber to get arbitrators on board
Private client firms are scrambling to bolster their arbitration capabilities six months after family law arbitration was introduced in England…
Growth in LB100 regional peer groups half that of London
The capital has extended its position as the most buoyant legal market in the UK, with midsize London law firms…
Positive early signs at combined firm King & Wood Mallesons
King & Wood Mallesons (KWM) has enjoyed a successful first six months as a single firm, according to Handel Lee,…
Magic Circle sees revenues up after muted financial year
Turnover at Magic Circle firms rose by a modest 2.6% this year, with the UK’s five Global Elite firms pulling…
Creditors draw battle lines over Dewey & LeBoeuf assets
An intense and long-running battle is set to begin over the assets of Dewey & LeBoeuf which, as many observers…
Scottish fire sale continues as DWF snaps up Biggart Baillie
Merger fever continues to grip the Scottish legal market after veteran firm Biggart Baillie announced in June that it would…
Emerging market specialist Salans dealt a blow by Asia exits
Salans has been left with no partners in China after Shanghai office managing partner Bernd-Uwe Stucken and corporate partner Wei…
Shakespeares and Harvey Ingram announce merger
Acquisitive Birmingham firm Shakespeares has continued its explosive growth of the last few years by announcing that it is set…
Ashurst pushes ahead with Beijing and Seoul launches
Ashurst is preparing to move into Seoul and is applying for a licence to practise in Beijing, as the firm…
Mixed fortunes for mid-market in tough Scots climate
TLT’s recent takeover of niche Scottish firm Anderson Fyfe is the latest chapter in a flurry of movement among mid-market…
FSA scrutiny increases financial service practitioners’ workload
Financial regulation partners are now in even higher demand as financial institution clients panic after the Financial Services Authority (FSA)…
NHSLA looks to control growing legal spend in panel review
Newly appointed NHS Litigation Authority (NHSLA) chief executive Catherine Dixon’s priority will be getting value for money and using law…
Throwing a lifeline from a sinking ship
In early May, members of Dewey & LeBoeuf’s management team left the firm. One headed for the greener pastures of…
Quinn Emanuel snags A&O London arbitration duo
Quinn Emanuel Urquhart & Sullivan has ruffled Allen & Overy (A&O)’s feathers in London after the US litigation specialist hired…