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  • November 11, 2009 |

    Trio of firms win roles on £90m takeover of Live Nation venues

    Travers Smith, Denton Wilde Sapte and Hammonds have won lead roles on Exponent Private Equity's financing of the Ambassador Theatre Group's (ATG's) £90m takeover of Live Nation's 16 UK theatres. Travers advised longstanding client Exponent on the deal, which will create the largest theatre group in the UK and adds high-profile West End venues such as the Lyceum and Apollo Victoria to ATG's portfolio of theatres.

    1 minute read

  • November 4, 2009 |

    Editor's comment: Glass half full

    Welcome once again to the season for first-half financial results, an event that requires more art than science to deduce anything useful. But though the indications that do emerge are considerably rougher around the edges than the full-year results, they have historically proved a pretty accurate guide to the way the year is shaping up.

    1 minute read

  • November 4, 2009 |

    Addleshaws and A&O score top marks in new study highlighting IT best practice at law firms

    New Legal Week research identifies best-performing firms for IT with survey of more than 3,500 fee earners

    1 minute read

  • October 26, 2009 |

    UK trio win out in Standard Life Investments panel review

    Dundas & Wilson, Herbert Smith and Addleshaw Goddard have all been reappointed to Standard Life Investments' real estate funds panel. The firms successfully tendered to remain on the real estate funds panel for another three years, with Dundas & Wilson set to carry out all property work in Scotland, while Herbert Smith and Addleshaws will continue to advise on property work in England.

    1 minute read

  • October 9, 2009 |

    Leading firms nominated for 2009 British Legal Awards

    Allen & Overy (A&O), Bird & Bird and Norton Rose are among the nominees for a series of accolades at the 2009 British Legal Awards. The trio have been shortlisted for the prestigious Law Firm of the Year award alongside Cleary Gottlieb Steen & Hamilton, Clyde & Co, Kennedys and Stephenson Harwood. Norton Rose has also been nominated for a further two awards, including M&A Team of the Year, while Bird & Bird has secured nominations in three other categories, including Commercial Team of the Year.

    1 minute read

  • October 7, 2009 |

    Major UK law firms suffer drop-off in 2009 Global 100 results

    The UK's leading law firms have fallen back in the league of the world's largest legal practices, according to new research, with three City-based firms falling out of this year's Global 100. The ranking – a joint project between The American Lawyer and Legal Week – found total revenues at the world's 100 highest-billing law firms inched up 1.7% from the previous year, from $78.53bn to $79.92bn. Average fee income for a Global 100 practice was $799.2m, up from $785.3m in 2008.

    1 minute read

  • October 6, 2009 |

    Network Rail announces new legal panel with Eversheds appointment

    Network Rail has completed a review of its UK legal panel, awarding Eversheds a first-time appointment. The top 10 UK firm joins a host of firms on the rail operator's roster of external legal advisers for a three-year term. Other firms to win spots on the 12-firm panel include Clifford Chance (CC), Addleshaw Goddard, Simmons & Simmons, Berrymans Lace Mawer, Kennedys, Maclay Murray & Spens and Bond Pearce.

    1 minute read

  • September 30, 2009 |

    Blake Lapthorn review floats end to salaried partner rank

    Blake Lapthorn has joined the rank of firms looking to restructure their partnership, putting forward proposals to phase out its salaried partner rank. The firm is in talks with all 40 salaried partners about transferring to fixed-share partner status, a move which would help the firm cut costs and align its partnership before converting to limited liability status in May 2010.

    1 minute read

  • September 30, 2009 |

    Reed Smith hires third London partner in a month

    Reed Smith has made its third lateral partner hire in London in a month, bringing in litigator Robert Falkner from Morgan Lewis & Bockius. Falkner joins the US firm's European and Middle East dispute resolution practice today (1 October), bringing with him a practice focused on financial services. He has experience representing clients including investment banks, broker dealers and fund managers.

    1 minute read

  • September 28, 2009 |

    Davenport Lyons recruits former Olswang corporate tax partner

    West End firm Davenport Lyons has bolstered its corporate tax practice with the hire of former Olswang partner Gerald Montagu. Montagu left Olswang in April, having been a partner with the firm for 16 months. He focuses on tax planning for clients in the financial, leisure and media sectors both domestically and internationally.

    1 minute read