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June 5, 2014 |
UK top 50 firms up bank loans and borrowings as collection times and client debts increase
The UK's 50 largest law firms by revenue increased bank loans and overdrafts by an average of 27.2% in 2012-13, indicating that some mid-tier outfits are taking on debt to support growth.
1 minute read
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June 5, 2014 |
Clyde & Co continues strong growth with revenue up 9% to £365m
Clyde & Co boosted turnover by 9% to £365m for the year ending 30 April 2014, according to unaudited figures released by the firm.
1 minute read
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June 5, 2014 |
African legal awards launch with call for entries from continent's leading law firms and legal departments
The second annual African Legal Awards launch today (5 June) with a call for the continent's top law firms and legal departments to submit entries.
1 minute read
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June 5, 2014 |
Simmons lining up Singapore joint venture before year-end
Simmons & Simmons is looking to launch a joint law venture (JLV) in Singapore before the end of this year as a number of international firms continue to eye similar options in the city state.
1 minute read
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June 2, 2014 |
Ex-Clyde & Co whistleblower partner joins low-cost airline as GC
The former Clyde & Co partner who claims she was wrongfully dismissed by the firm after she blew the whistle on a colleague, has joined low-budget African airline Fastjet as its general counsel.
1 minute read
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May 23, 2014 |
DAC Beachcroft, RPC take spots on new QBE corporate roster
DAC Beachcroft and RPC have won first-time appointments to Australian insurer QBE's corporate panel, in a revamp of the company's roster of European advisers.
1 minute read
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May 22, 2014 |
Accounts uncovered: UK top 50 spend £5.4bn on staff costs as austerity era draws to a close
The UK's 50 largest law firms by revenue spent a combined £5.4bn on staff costs in the 2012-13 financial year – equating to just over 40% of turnover on average.
1 minute read
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May 21, 2014 |
Clydes judgement will push firms to review membership agreements, say lawyers
Law firms may need to re-think their partnership agreements and structures in light of the Supreme Court judgement on LLP whistleblowing, according to a number of employment lawyers.
1 minute read
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May 21, 2014 |
Clydes' dismissal case: Supreme Court rules LLP members have whistleblower protection
The UK Supreme Court has today ruled that members of LLPs who blow the whistle at work have the same protection as employees, overturning an earlier Court of Appeal decision.
1 minute read
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May 16, 2014 |
Clydes opens two offices in South Africa with Webber Wentzel team
Clyde & Co has launched in South Africa, opening two offices with a five-lawyer team hired from Linklaters partner firm Webber Wentzel.
1 minute read
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