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  • May 27, 2011 |

    BLP partners to see PEP rise 56% to £712k

    Berwin Leighton Paisner (BLP) has announced strong financial results for 2010-11, with profits per equity partner (PEP) set to soar by an estimated 56% to £712,000. The firm's estimated PEP figure, up from £455,000 in 2009-10, comes against a 20% rise in turnover to £229m, against £191m during the previous financial year.

    1 minute read

  • May 19, 2011 |

    Olswang pushes revenues up 2% for second consecutive year

    Olswang has announced its financial results for 2010-11, posting a marginal increase in turnover of 2%. The firm saw revenues rise from £91m to £92.6m, in line with the previous year's results, when turnover also grew by 2%.

    1 minute read

  • May 18, 2011 |

    Keeping an open mind about going open plan

    The last 12 months have seen a number of law firms moving to new offices, with many signing 15 or 20-year leases. No-one can doubt that the legal market is going to change radically during that time, and no-one can be sure what the landscape will look like in 2031.

    1 minute read

  • May 18, 2011 |

    Vodafone puts advisers on alert with plans to cut panel

    Mobile phone giant Vodafone has kicked off a review of its global and UK legal advisers, with the overhaul marking the first time the UK panel has been updated in six years. The review will cover the external law firms advising mobile operator Vodafone UK as well as those advising Vodafone Group globally. It will not cover local mobile operators outside the UK.

    1 minute read

  • May 16, 2011 |

    Pinsents announces financial results as revenues rise by 3%

    Pinsent Masons has announced the details of its 2010-11 financial results, with the firm posting 3% revenue growth for the full financial year. Firmwide revenue climbed from £206m in 2009-10 to £213m, according to the firm's preliminary unaudited results.

    1 minute read

  • May 13, 2011 |

    Hare Court silk appointed to lead World Cup bribery probe

    The Football Association (FA) has appointed James Dingemans QC of 3 Hare Court to investigate allegations of misconduct by FIFA officials surrounding England's 2018 failed World Cup bid. Dingemans was appointed on Thursday (12 May) to review claims made by former FA chairman Lord Triesman to a Parliamentary select committee this week relating to allegations that four FIFA officials had sought "bribes" to back England's bid.

    1 minute read

  • May 11, 2011 |

    Balfour Beatty to press firms on outsourcing in UK adviser review

    Balfour Beatty is set to review its roster of UK legal advisers, with the construction giant planning to ramp up its use of legal process outsourcing (LPO). David Mercer, general counsel of Balfour Beatty's UK construction services division, is leading the review, with the process being overseen by global general counsel and company secretary Chris Vaughan, who joined in 2007 from SABMiller.

    1 minute read

  • May 11, 2011 |

    BLP adds financial services partner to City base with Mayer Brown hire

    Berwin Leighton Paisner (BLP) has hired Mayer Brown financial services partner Nick Kynoch in a bid to strengthen its City practice. Kynoch joined the UK top 20 firm's financial services and markets group last week along with two associates, after 10 years at Mayer Brown. He has been a partner since 2007, and his client portfolio includes Bank of New York Mellon, Northern Trust, Danske Bank and RBC Dexia.

    1 minute read

  • May 5, 2011 |

    Post-merger turbulence puts pressure on for SNR Denton

    Understandably, the news that SNR Denton's UK arm has launched a sector and practice review to boost profitability was played down by new UK chief executive Matthew Jones as house-keeping. But if strong indications prove correct that profits per equity partner (PEP) are to fall sharply for the UK partnership - perhaps below £250,000 - the firm will be under considerable pressure to demonstrate that it can get the practice back on track.

    1 minute read

  • April 27, 2011 |

    Herbert Smith makes up 13 to partnership including City six

    Herbert Smith has announced its annual partner promotions with more than half of the new partners made up outside of the City. The firm has promoted 13 lawyers to its partnership, including six in London. The promotions are effective as of 1 May.

    1 minute read