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  • July 26, 2012 |

    2011-12 case studies: Ashurst

    There is little doubt that Ashurst has been one of the worst-affected City players since the 2008-09 recession. The firm has been further weighed down in recent years by a protracted round of partner exits and a continued struggle to build upon the sizeable US structured finance practice it acquired in 2009.

    1 minute read

  • July 26, 2012 |

    UK top 50 law firms drive profits back towards boom-time high

    The UK's top law firms have overcome continued uncertainty in the global economy to achieve a second consecutive year of growth, while top 50 firms push partner profits back towards a boom-time high.

    1 minute read

  • July 26, 2012 |

    2011-12 case studies: Clifford Chance

    Clifford Chance's (CC) recovery picked up pace in 2011-12, holding its position as the UK's largest law firm in revenue terms. It reached turnover of £1.303bn for 2011-12, and saw profit per equity partner (PEP) rise 7% to £1.078m.

    1 minute read

  • July 26, 2012 |

    2011-12 case studies: Mishcon de Reya

    Mishcon de Reya makes its debut into the top 50 this year after an impressive period of growth that has put it on track to beat its three-year revenue target by some margin. The firm's 19% turnover hike to £73.1m during 2011-12 puts it nearly £2m ahead of its original target of £71.5m for this point in time – two years into a three-year strategy setting out an £80m turnover target by 2013.

    1 minute read

  • July 26, 2012 |

    Weightmans, Mishcons and Parabis enter UK top 50 for first time

    Legal Week's 2011-12 rankings of the UK's largest law firms by revenue see Weightmans, Mishcon de Reya and Parabis Group entering the table for the first time.

    1 minute read

  • July 11, 2012 |

    RPC posts double-digit increases for both revenue and PEP

    Reynolds Porter Chamberlain (RPC) is set to climb further up the UK top 50 rankings this year after posting a 13% increase in revenues. The firm, which broke into the top 50 iast year, has seen turnover reach £68m, up from £60.3m in 2010-11, while profits per equity partner (PEP) have grown 11% to £354,000.

    1 minute read

  • July 11, 2012 |

    Clydes set for landmark Libya launch with team of local hires

    Clyde & Co is set to launch in Libya next month, making it the first international law firm to open in the country. The insurance firm will launch in Tripoli on 1 August with the hire of Libyan Investment Authority GC Albudery Shariha to head the office.

    1 minute read

  • July 5, 2012 |

    Post-merger turnover at Clydes leaps 36% to hit £287m

    Clyde & Co has announced the largest hike in revenue among the UK top 50 this year so far, with turnover jumping 36% following its merger. The insurance giant has seen fee income hit £287m for 2011-12, up from £212m last year, following its merger with legacy Barlow Lyde & Gilbert in November 2011. Turnover on a like-for-like basis at Clydes without any contribution from Barlows grew 17% to £248m.

    1 minute read

  • July 2, 2012 |

    Clydes seals double Australia launch with team hire from Links ally Allens

    Clyde & Co is launching in Sydney and Perth with the hire of an eight-strong team from Linklaters ally Allens, becoming the latest in a stream of UK firms to target the Australia market. The firm will open the two new offices on 1 October this year after the deal received partner backing at Clydes' annual conference at the close of last week.

    1 minute read

  • June 28, 2012 |

    RPC confirms 40-strong team for Hong Kong launch

    Reynolds Porter Chamberlain (RPC) will formally open in Hong Kong in August, with an ex-Clyde & Co partner joining the four-partner team it hired from the firm in April.

    1 minute read