• February 4, 2013 |

    Travers sees H1 revenues rise 1.5% to £40.5m

    Travers Smith saw revenues climb by 1.5% during the first half of the 2012-13 financial year, with turnover hitting £40.5m. The growth in fee income in the six month period leading to the end of December took turnover up from an equivalent figure of £39.9m for the same period in 2011.

    1 minute read

  • January 31, 2013 |

    Growing list of top UK law firms move to cut staff in 2013

    With three major law firms announcing sizeable job cuts before the end of January, 2013 already looks near certain to be marked by a fresh run of legal redundancies as the UK economy flirts with a triple-dip recession. As Legal Week went to press, Clyde & Co and Olswang had also indicated that they may make a small number of redundancies, potentially adding to the roll call of major law firms making cuts in the past three months. Ominously, news also emerged on Wednesday (30 January) that Manchester firm Cobbetts was set to enter administration.

    1 minute read

  • January 30, 2013 |

    Olswang set for cuts in finance and employment with six jobs under threat

    Olswang has become the latest in a string of firms moving to to cut jobs, after placing six roles at risk of redundancy. The move, first reported by RollOnFriday, will affect six staff positions across the firm's finance and employment teams.

    1 minute read

  • January 30, 2013 |

    Clydes to cut jobs as firm reviews back office in wake of BLG merger

    Clyde & Co has put a number of support staff positions at risk of redundancy, following a review of its business services departments carried out in the wake of its merger with legacy Barlow Lyde & Gilbert. It is understood that fewer than 10 members of staff are involved in the consultations, with the changes primarily affecting the firm's London office.

    1 minute read

  • January 23, 2013 |

    Clydes names Burns as successor to long-serving senior partner Payton

    Clyde & Co has appointed insurance litigation partner James Burns to take over as senior partner when Michael Payton retires this October after 29 years in the role

    1 minute read

  • January 17, 2013 |

    Onshore push and local arbitrator base will seal Dubai's place as arbitration hub

    Dubai has a 'can do' approach to doing business. More than 30 years ago, it had the foresight to build the largest ever man-made port and surround it with an industrial free zone, which has helped it become one of the largest entrepots in the world. It also built the largest drydock in the world (Dubai Drydocks) a mega aluminium smelter (Dubal) and a large Convention Centre (Dubai World Trade Centre). Since then, it has developed its airport and Emirates Airlines into world leaders.

    1 minute read

  • January 17, 2013 |

    Better out than in – how Carillion's legal process outsourcing venture worked wonders for the company

    Last year, Carillion launched a legal process outsourcing venture to help the company tackle its huge volume of employment work. Legal head Richard Tapp talks to Caroline Hill about how his unusual approach has brought about myriad opportunities...

    1 minute read

  • January 17, 2013 |

    Ladbrokes bets on change with major panel review and end to hourly billing

    Gaming group Ladbrokes has completed a sweeping overhaul of its external counsel that slashes its adviser roster, marks a major departure from hourly billing and deploys technology to bolster efficiency. Slaughter and May, SJ Berwin, Clyde & Co and South West firm Trethowans are among the primary appointees to the FTSE 250 company's legal panel.

    1 minute read

  • January 10, 2013 |

    Time after time - veteran law firm leaders reflect on decades at the top

    When I call up Nick Thomas, senior partner at Kennedys, he tells me his secretary had left a message that a reporter wanted to speak with "some of the old farts". It's not the exact wording I had used, I explain, but the self-deprecation gives a hint as to why the firm has kept him at the helm for more than 15 years...

    1 minute read

  • January 10, 2013 |

    Law firms name first compliance officers for new regulatory regime

    Law firms across the UK have named the individuals who will take up the newly created compliance officer roles under the Solicitors Regulation Authority's (SRA) new regulatory regime. The SRA set a deadline of 1 January to approve law firms' compliance officers for legal practice (COLP) and finance and administration (COFA) – roles that have been brought in as part of the post-Legal Services Act shift to outcomes-focused regulation.

    1 minute read