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  • November 9, 2007 |

    CC matches City pace with 18% H1 growth

    Magic circle giant Clifford Chance (CC) is the latest to report its half year results with the firm announcing an 18% rise in H1 turnover for 2007-08, taking its revenue for the period up to around £680m. The percentage increase matches that of fellow magic circle firm Freshfields Bruckhaus Deringer and is ahead of arch City rival Allen & Overy, which recorded a 16% increase in turnover. The results put those firms' revenues for the period at £560m and £456m respectively.

    1 minute read

  • November 7, 2007 |

    Pensions group unveils Pinsents partner as chair

    Pinsent Masons partner Alastair Meeks has been named the new chairman of the Association of Pensions Lawyers (APL). Meeks landed the role after an election by APL's membership, which now numbers more than 900 UK-based lawyers. London-based Meeks has been a pensions lawyer at the national firm for 15 years. His tenure at the APL takes effect from next week (16 November).

    1 minute read

  • November 7, 2007 |

    Nail that niche

    A recent article in Legal Week argued that, as all law firms advertise a sector strategy nowadays, sector specialism is no longer a real point of differentiation. Indeed, on one hand, from the perspective of an independent observer, it could look as if every leading law firm in the UK has a sector group claiming expertise in manufacturing, financial services, technology and so on.

    1 minute read

  • November 7, 2007 |

    Eighteen of 19 top firms report double-digit H1 growth

    The UK's top law firms have posted a robust set of half year results, with 18 out of 19 firms to have announced their figures so far unveiling double-digit revenue growth. The results (see table below) show no less than seven firms posting turnover increases of 20% or more compared to the equivalent period last year.

    1 minute read

  • November 1, 2007 | International Edition

    Online special: Top City firms convert to brand values but wary of outside ratings

    Law firms are putting increasing value on the external perception of their brands, according to the results of the latest Legal Week Big Question survey, despite lingering scepticism from partners regarding 'voodoo valuations'. The survey, conducted in association with EJ Legal, follows the recent news that some of the world's top law firms are set to see themselves ranked by brand value in a new venture by the Managing Partners' Forum (MPF) and consultant Brand Finance.

    1 minute read

  • November 1, 2007 | International Edition

    Herbies ties up tender victory for £60bn MoD procurement project

    Herbert Smith has won a competitive tender to advise the Ministry of Defence (MoD) on a new project estimated to be worth around £60bn. The firm is advising the MoD on its Future Rapid Effects System (FRES) project, which will lead to the development of more than 3,000 armoured fighting vehicles.

    1 minute read

  • November 1, 2007 | International Edition

    UK elite to post budget-busting H1 results

    The UK's leading firms have enjoyed a strong first half of the year, despite turmoil in the credit markets, with the majority of the top 10 City firms ahead of budget for the last six months. Early indications show firms including Clifford Chance (CC) and Allen & Overy (A&O) are expecting to be well ahead of budget going into the third quarter. CC is currently reforecasting the second half of the year after revealing that it is significantly up on the same period last year.

    1 minute read

  • November 1, 2007 |

    UK elite to post budget-busting H1 results

    The UK's leading firms have enjoyed a strong first half of the year, despite turmoil in the credit markets, with the majority of the top 10 City firms ahead of budget for the last six months. Early indications show firms including Clifford Chance (CC) and Allen & Overy (A&O) are expecting to be well ahead of budget going into the third quarter. CC is currently reforecasting the second half of the year after revealing that it is significantly up on the same period last year.

    1 minute read

  • November 1, 2007 |

    Hammonds taps rivals for hires in the north

    Hammonds has appointed partners in its Leeds and Manchester offices with hires from two national rivals. Cobbetts commercial property partner Sonia Hopkinson has joined Hammonds' property team in the northwest after a 12-year stint at the Manchester firm. An additional seven lawyers from a range of practice areas are also joining Hammonds in Manchester over the next week.

    1 minute read

  • November 1, 2007 |

    DLA Piper, Eversheds, Addleshaws and Pinsents race ahead of national rivals in Euro M&A tables

    DLA Piper, Eversheds, Addleshaw Goddard and Pinsent Masons are well ahead of their national rivals in transactional performance over the last three years, new research has shown. Bespoke data provided exclusively to Legal Week by mergermarket shows the top four firms are well ahead of their national competitors on European and UK M&A deals since 2004 by both volume and value.

    1 minute read