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  • June 11, 2008 |

    Commentary: North/south divide dogs McGrigors City ambitions

    At face value, last week's departures of Colin Gray and Colin McKay from McGrigors to Eversheds were unsurprising. After all, the firm has lost a number of partners in recent years and this, combined with the fact Gray finished his second term as managing partner in March and that McKay stood unsuccessfully as his successor, could be seen as a reasonable explanation. However, many of those who know the pair are more than a little surprised. As one former partner told Legal Week: "I was shocked - they were McGrigors through and through."

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  • June 5, 2008 |

    Trio line up on £22m barrister negligence claim

    Herbert Smith, Pinsent Masons and Barlow Lyde & Gilbert have all secured roles on a £22m case against a barrister, which is set to go to court later this month. The negligence claim, which is thought to be one of the largest cases ever pursued against a barrister, was brought against tax specialist Adrian Shipwright of Pump Court Tax Chambers and accountancy firm Baker Tilly by approximately 75 claimants.

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  • June 3, 2008 |

    Hoyle heads up Ward Hadaway Leeds launch

    Ward Hadaway is set to open an office in Leeds - its first office outside Newcastle - after bagging five new partners from rival firms. The office, which is set to open in July, will be headed by corporate finance partner Andrew Hoyle, who is overseeing the firm's ongoing plans to expand beyond its northeast heartlands.

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  • June 2, 2008 |

    DAC latest to go LLP after City merger

    Davies Arnold Cooper (DAC) has become the latest firm to covert to a limited liability partnership (LLP), it was announced today (2 June). The conversion, which took effect from the beginning of the month, was backed via a partner vote at the end of last year and will apply to the firm's UK offices in London, Manchester and St Albans as well as offices in Spain and Mexico.

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  • June 1, 2008 |

    Only Links boosts FTSE 100 clients in Q2

    Linklaters was the only City firm to increase its FTSE 100 client tally over the last quarter, according to the latest quarterly rankings from Hemscott. The firm gained two FTSE 100 clients over the quarter running from 6 Feb to 9 May, taking its tally to 21 with a market cap of £588bn. The firm's position was bolstered through the listing of Kazakhstan mining company Kazakhmys and Tate & Lyle and Alliance Trust, which entered the FTSE 100 over the quarter.

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  • May 28, 2008 |

    Pinsents boost funds arm with Ashurst hire

    Pinsent Masons has boosted its funds practice with the hire of an Ashurst senior associate as a partner. Ian Warner focuses on forming investment funds and advising clients on private equity and investment fund issues. Pinsents corporate head Gareth Edwards said: "Ian's arrival will help us to consolidate our funds work and build upon it to create a substantial practice, which will be an important asset for the corporate group and the firm's offering as a whole."

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  • May 20, 2008 |

    Beachcroft misses budget with 2.5% fee rise

    Beachcroft has failed to hit budget for 2007-08 after posting an increase in turnover of just 2.5% for the last financial year, with fee income at the national firm hitting £114m. The firm admitted that the performance was "less than budgeted" but stressed that the small rise in revenue had come off the back of a bumper 2006-07 that saw the firm break through the £100m turnover barrier for the first time.

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  • May 20, 2008 |

    2008 Assistant Pay League: a Legal Week Wiki special

    Who pays what and how. Your A-Z guide to the pay scales at the top UK and US firms.

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  • May 15, 2008 |

    BLP leads trio on new AMEC M&A panel

    Berwin Leighton Paisner (BLP) has been reappointed to the main corporate panel of global engineering company AMEC alongside City giant Linklaters and national heavyweight Pinsent Masons. The trio will advise the FTSE 100-listed company on all its M&A and corporate finance work.

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  • May 15, 2008 |

    Eversheds results: revenue and PEP up 10%

    Eversheds has become the latest firm to post double-digit growth in both turnover and profits per equity partner (PEP) after the national giant announced its latest financial results today (15 May). Revenue at the top 10 UK firm jumped by 10% over the last 12 months, from £356m in 2006-07 to £390m for the most recent financial year.

    1 minute read