PARTNERSHIPS AT RISK IN AUTUMN STATEMENT
Chancellor Philip Hammond signalled a change to partnership taxation in November’s Autumn Statement, which is expected to impact law firm pay. Hammond said he will shake up profit-sharing arrangements, and according to UHY Hacker Young tax partner Roy Maugham, the government will propose that partnerships must decide their profit-sharing arrangements at the beginning of the tax year rather than at the end, regardless of how individuals perform.
Berwin Leighton Paisner (BLP) and Nabarro acted opposite Eversheds and Mayer Brown on CBRE Global Investors’ merger of its UK Property Fund with the Electricity Supply Pension Scheme (ESPS), creating a £1.4bn property fund called the CBRE UK Property PAIF. Continue reading “‘A landmark for the industry’: BLP and Nabarro advise CBRE on £1.4bn flagship property fund merger”
Nabarro and Olswang have signed up to move into CMS Cameron McKenna‘s offices at Cannon Place, taking on two additional floors in the building. Continue reading “‘Under one roof’: Nabarro and Olswang confirm move to CMS’ Cannon Place”
Nabarro has increased its Middle East fee income to around AED 7m (£1.65m) for 2015/16 in the firm’s loss-making Dubai office. Continue reading “Nabarro boosts Middle East fee income as office prepares for Camerons merger”
Nabarro has more than halved its pension deficit from almost £31.9m to £12.2m, according to its latest LLP filing for the year ending April 2016.
Continue reading “Nabarro slashes pension deficit ahead of three-way merger, LLPs reveal”
Pity the poor pundit obliged to come up with an opinion on the obtusely-forged union of CMS Cameron McKenna, Nabarro and Olswang. Despite representing one of the largest legal mergers in the UK, taking a view on the tie-up, good, bad or indifferent is challenging, not least because the trio have so far been strikingly gnomic over the whole thing.
Continue reading “Comment: Camerons double merger adds up but will it multiply?”
Pity the poor pundit obliged to come up with an opinion on the obtusely-forged union of CMS Cameron McKenna, Nabarro and Olswang. Despite representing one of the largest legal mergers in the UK, taking a view on the tie-up, good, bad or indifferent is challenging, not least because the trio have so far been strikingly gnomic over the whole thing.
The union combines three brands with impressive industry credentials across real estate, media, technology, financial services, energy and life sciences. That is a lot of sector to focus but in those areas, these outfits carry potency.
Continue reading “Camerons’ double merger adds up but will it multiply?”
Madeleine Farman, Matthew Field and Kathryn McCann speak to those inside and outside the fence
‘A merger was definitely going to happen. That was obvious when I was at CMS four years ago,’ a former CMS Cameron McKenna partner tells Legal Business. ‘It is another great scheme; I don’t feel that the firm’s brand has improved since I left. I know from people inside that the network, although they make a great show of it working well, doesn’t really work as well as it should.’
Nabarro is to lose its seat in the five firm Broadlaw Group as a consequence of its merger plans with CMS Cameron McKenna and Olswang.
Continue reading “Nabarro drops out of European alliance as three-way merger talks continue”
Months after the collapse of BHS, Sir Philip Green has revealed that Olswang and Grant Thornton charged purchaser Retail Acquisitions Limited a collective £8.4m for the transaction.
Continue reading “Olswang and Grant Thornton charged £8.4m for BHS sale, Sir Philip Green claims”
