Having geared up for its first managing partner elections in 15 years, the partnership at top 30 LB 100 firm Nabarro has voted to re-appoint Andrew Inkester in the leadership role after an uncontested election. Continue reading “Management: Nabarro reappoints Inkester as managing partner after first election in 15 years”
Nabarro settles professional negligence claim for £10m
Nabarro has agreed to pay £10m to settle a £130m professional negligence claim brought against the firm by a former client unhappy with its handling of a litigation matter.
Continue reading “Nabarro settles professional negligence claim for £10m”
Financial results 2013/14: Nabarro posts static revenues while PEP jumps 10.5%
Top-30 LB100 firm Nabarro is the latest to unveil its 2013/14 financials, with annual turnover broadly flat at £116.7m, a rise of 0.3%, while profit per equity partner (PEP) is expected to rise 10.5% to £475,000, constituting a double digit increase for the second successive year.
Continue reading “Financial results 2013/14: Nabarro posts static revenues while PEP jumps 10.5%”
Always a bridesmaid: can Nabarro revive itself post-Lehman without a partner?
Sarah Downey reports on the property leader’s attempts to position itself.
With its five-year financial performance standing out as one of the worst of the top 50 in last year’s LB100 and at least one abandoned merger talk under its belt, Nabarro is perceived by a number of clients and rivals as a firm in need of change.
Heavily dependent on a mixture of high-end but also commoditised property work, the firm has dropped down the UK legal rankings from its 2008 high, when it stood in 23rd place on the back of a revenue increase of 16% to £142.4m.
Continue reading “Always a bridesmaid: can Nabarro revive itself post-Lehman without a partner?”
A bit of hustle, a bit of love – GCs expect attention and pitching from advisers
In our focus on Nabarro this month the firm comes in for some criticism at the hands of an important client for its failure to engage, to make the client aware of its strategy, or simply to make the general counsel (GC) feel sufficient love.
While this is just one client and Nabarro could undoubtedly rustle up on the spot a dozen others that have a different take on their client service levels, this prestigious client legal head says: ‘I’ve spoken to other GCs about it and they have similar issues, it’s bewildering.’
Continue reading “A bit of hustle, a bit of love – GCs expect attention and pitching from advisers”
Nabarro launches in Manchester with hire of Addleshaws trio; CMS brings in BLP partner to head aircraft finance
Nabarro is set to launch an office in Manchester with the hire of a trio of real estate partners from Addleshaw Goddard as CMS Cameron McKenna also announced today (14 May) that it has hired Berwin Leighton Paisner (BLP) asset finance partner Keith Wilson, who joins to head up the top 10 UK firm’s aircraft finance practice. Continue reading “Nabarro launches in Manchester with hire of Addleshaws trio; CMS brings in BLP partner to head aircraft finance”
Election fever: Clifford Chance corporate head Tinkler steps down as Nabarro prepares for first MP elections in 15 years
Clifford Chance (CC) private equity partner Simon Tinkler has stepped down from his role as London head of corporate after a four-year term, as top 30 LB 100 firm Nabarro gears up for its first managing partner elections in 15 years this summer, with current head Andrew Inkester expected to stand again.
Deal watch: Nabarro and Addleshaws take the lead on £800m Hermes/Co-Op regeneration joint venture
While major real estate deals are hard to come by, the usual suspects continue to take the lion’s share of the work as LB100 firms Nabarro and Addleshaw Goddard have advised on a £800m real estate deal between Hermes Real Estate and The Co-Operative Group to become equal partners on the regeneration of buildings and land in central Manchester.
Partner promotions – Trowers, Nabarro and BLP see reduced numbers as Addleshaws holds on eight
Partner promotions at the UK’s leading firms have largely been down so far down this year, as firms including Trowers & Hamlins, Nabarro and Berwin Leighton Paisner all promote fewer senior associates than last year, with Addleshaw Goddard maintaining a promotion level of eight associates. Continue reading “Partner promotions – Trowers, Nabarro and BLP see reduced numbers as Addleshaws holds on eight”
Nabarro bolsters City disputes capability with DLA IT litigation head hire
Top 30 LB100 firm Nabarro has bolstered its City disputes capability with the addition of DLA Piper’s IT litigation head Lee Gluyas.
Gluyas specialises in both commercial litigation and arbitration in complex IT disputes. Having acted for and against technology companies, the 424-lawyer firm said his appointment is part of a strategic move to build on its existing presence in the sector. Continue reading “Nabarro bolsters City disputes capability with DLA IT litigation head hire”