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  • April 29, 2013 |

    Hill Dicks to cut jobs and restructure teams as revenues remain flat

    Hill Dickinson is launching a review of its UK business which is expected to lead to job cuts, as the firm prepares to post broadly flat revenues for the 2012-13 financial year. The review, which will begin next month, will focus on the firm's range of services and its geographical reach, with the move coming in response to "prevailing market conditions", according to the firm.

    1 minute read

  • April 25, 2013 |

    The path to oblivion - the events that brought Cobbetts' 175-year history to an abrupt end

    On 6 December 2012, Cobbetts' managing partner Nick Carr released a confident statement about the firm's financial position, saying: "Our half-year results ensure we remain on target, and new client wins mean that trading predictions for the next six months are strong. We expect to meet our financial targets by year end." Taken in isolation, this statement is no different to the numerous anodyne comments issued on behalf of law firm managers whenever full and half-year financial results are announced.

    1 minute read

  • April 25, 2013 |

    Tyco re-signs Eversheds for two-year fixed fee contract

    US industrial conglomerate Tyco has renewed its multi-million pound contract with Eversheds for the fourth time since the ground-breaking deal's inception in 2006. The latest two-year deal, which has previously been reported as being worth around £13m, has been agreed following the separation of Tyco and its Tyco Flow arm, after the latter was acquired by water flow control business Pentair last September.

    1 minute read

  • April 25, 2013 |

    Mills & Reeve adds six to partnership after George Davies merger greenlight

    Mills & Reeve has made up six lawyers to the firm's partnership in its 2013 promotions round, following the confirmation of its merger with Manchester firm George Davies. The promotions will come into effect on 1 June, the date the tie-up between the two firms is due to go live after partners gave the deal the green light.

    1 minute read

  • April 25, 2013 |

    Ex-Cobbetts partner joins creditors group amid questions over money owed

    Former Cobbetts partner Andrew Wright has been appointed to the failed firm's creditors' committee, as questions over money allegedly owed to partners begin to emerge in the wake of the firm's demise. Wright, who left Cobbetts for Canadian law firm Gowlings in March last year, is understood to be owed in the region of £350,000.

    1 minute read

  • April 22, 2013 |

    Pinsents promotes 14 to partnership

    Pinsent Masons has made up 14 lawyers to its partnership in its latest promotions round, one more than the firm made up last year. The 2013 promotions, which are effective from 1 May, include three London partners, four Scotland-based lawyers and three from the firm's Asia offices.

    1 minute read

  • April 18, 2013 |

    Linklaters, A&O and Wragges sign up to Government gender reporting initiative

    Linklaters, Allen & Overy and Wragge & Co are among a line-up of nine law firms to have signed up to a Government gender reporting initiative that aims to boost equality in the workplace. The trio joined the voluntary 'Think, Act, Report' initiative earlier this year, which encourages companies to share best practice and improve transparency on gender equality issues in business. Six other law firms have already signed up to the scheme: Eversheds was the first firm to sign up in 2011, followed by DWF the same year. Hogan Lovells, DAC Beachcroft, Pinsent Masons and Berwin Leighton Paisner all joined last year.

    1 minute read

  • April 18, 2013 |

    Pinsents and Walker Morris lead as Portsmouth FC saved from administration

    Pinsent Masons and Walker Morris have played key roles in pushing through an out-of-court settlement that has seen Portsmouth Football Club rescued from administration by a group of its supporters. An agreement has been reached between administrators BDO and creditors Portpin ahead of a High Court dispute over the valuation of the club's Fratton Park home ground. Portpin, led by former Portsmouth FC chairman Balram Chainrai, had claimed it was owed £12m by the club and held the stadium as security. The Pompey Supporters' Trust (PST) will now pay a reported £3m plus add-ons to take control of the club and gain ownership of Fratton Park, making it the biggest fan-owned club in the country. The deal is subject to Football League approval.

    1 minute read

  • April 18, 2013 |

    Pinsents launches Singapore TMT practice with local team hire

    Pinsent Masons has launched a technology, media and telecoms (TMT) practice in Singapore with the hire of a team led by partner Bryan Tan from local boutique Keystone Law Corporation. Tan, a founding member of Keystone, will join Pinsents in the Asian city state this May, alongside two associates and one trainee.

    1 minute read

  • April 14, 2013 |

    Habib & Clydes among nominees for Corporate Counsel Middle East Awards

    DP World, Hadef & Partners and Herbert Smith Freehills are among the entrants to be shortlisted as Legal Week unveils the nominations for the second annual Corporate Counsel Middle East Awards. Allen & Overy, Clifford Chance and Clyde & Co are among the firms battling it out for international law firm of the year, with the winner due to be announced at a ceremony held at Dubai's Westin Dubai Mina Seyahi on 16 May.

    1 minute read