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  • April 11, 2013 |

    Pinsents to cut 13 employment jobs in third round of post-McGrigors layoffs

    Pinsent Masons is set to lay off as many as 13 fee earners in its UK employment practice, in the firm's third round of redundancies since its merger with McGrigors went live last year.

    1 minute read

  • April 8, 2013 |

    Mishcons takes two-partner private equity team from Dundas

    Mishcon de Reya has expanded its private equity group in London with the hire of a two-partner team from Dundas & Wilson. Partners Simon Sale and Nadim Meer will join Mishcons in the next couple of months along with senior associate Alison Keyse, with exact start dates not yet confirmed.

    1 minute read

  • April 4, 2013 |

    KPMG Cobbetts report details £90m liabilities and potential SRA probe

    Cobbetts ran up total liabilities of more than £90m before its collapse, including £74.4m in outstanding lease agreements, a new report by the firm's administrators KPMG has revealed. The collapsed firm had four relatively new office premises in London, Birmingham, Leeds and Manchester, with the latter subject to a reported 20-year lease agreement signed six years ago.

    1 minute read

  • April 4, 2013 |

    Nabarro targets global growth with new role of international head

    Nabarro has appointed restructuring head Patricia Godfrey to the newly created role of head of international, alongside the appointment of the firm's first fixed-share partner to its board. Restructuring and insolvency chief Godfrey has taken up the head of international role for an initial three-year term, and will take responsibility for overseeing and implementing the firm's international strategy.

    1 minute read

  • March 27, 2013 |

    Pinsents tops Government billers with £13m in legal fees since 2011

    Pinsent Masons has billed almost £13m through the Government Procurement Service (GPS) legal panel since the start of the 2011-12 financial year, more than double any other law firm, a Freedom of Information request has revealed. The figures show Pinsents accumulated £12.9m through the Government legal services framework – the central panel intended to cover all of the Government's external legal advice – between April 2011 and December 2012, well ahead of the next biggest biller, Freshfields Bruckhaus Deringer, which charged £6.2m over the same period.

    1 minute read

  • March 27, 2013 |

    HSF and Pinsents act as £14bn nuclear site gets go-ahead

    Herbert Smith Freehills (HSF) and Pinsent Masons have advised as EDF Energy secured planning consent to build and operate the proposed £14bn Hinkley Point C nuclear power station. The Somerset development, which was green-lit by energy and climate change secretary Ed Davey last week, comprises two nuclear reactors capable of generating up to 3,260 megawatts of electricity. The development consent order also permits EDF to carry out associated development work and includes measures amounting to around £100m to manage the impact of the development.

    1 minute read

  • March 27, 2013 |

    CC and Links lead as Co-op sells life insurance arm for £219m

    Clifford Chance (CC) and Linklaters have played lead roles on Royal London's £219m purchase of the Co-operative Banking Group's life insurance business. The deal is set to see Royal London, the UK's largest mutual life and pensions company, acquire Co-operative Insurance Society (CIS) and The Co-operative Asset Management.

    1 minute read

  • March 27, 2013 |

    Crunching the numbers - going behind the headline figures to look at the top 30's financial health

    Caroline Thorpe pores over the top 30 UK firms' LLP accounts covering the past two financial years and assesses their performance during the ongoing financial storms

    1 minute read

  • March 25, 2013 |

    Pinsents appointed for all day-to-day legal work for Balfour Beatty

    Pinsent Masons has sealed an exclusive deal with Balfour Beatty that will see the law firm take on the infrastructure giant's day-to-day legal work on a fixed-fee basis. Pinsents has been selected as sole legal suppliers of the infrastructure giant's 'business as usual' legal issues work, after Balfour invited its current panel firms to pitch for the role.

    1 minute read

  • March 20, 2013 |

    Budget 2013: Lawyers back corporate tax cuts and infrastructure spending

    The Government's plan to cut the corporate tax rate, announced today (20 March) in Chancellor George Osborne's 2013 budget, has received broad backing from law firm partners, in one of a number of measures aimed at boosting the UK's flagging economy. Today's announcement by the Chancellor came alongside a downward revision of UK economic growth estimates for the next two years, with the forecast for 2013 halved to 0.6%.

    1 minute read