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  • July 26, 2012 |

    Partners remain bullish on prospects for year ahead as almost 80% predict growth

    Asia and litigation tipped as growth targets in Legal Week business confidence survey. Friederike Heine reports

    1 minute read

  • July 26, 2012 |

    2011-12 case studies: Clyde & Co

    Clyde & Co's merger with Barlow Lyde & Gilbert has propelled the firm to the largest hike in revenue among the UK top 50 this year, with turnover jumping 35.4%. After joining forces with Barlows in November 2011, the firm saw fee income hit £287m for 2011-12, up from £212m last year. Turnover on a like-for-like basis at Clydes without any contribution from Barlows grew 17% to £248m.

    1 minute read

  • July 26, 2012 |

    2011-12 case studies: Mishcon de Reya

    Mishcon de Reya makes its debut into the top 50 this year after an impressive period of growth that has put it on track to beat its three-year revenue target by some margin. The firm's 19% turnover hike to £73.1m during 2011-12 puts it nearly £2m ahead of its original target of £71.5m for this point in time – two years into a three-year strategy setting out an £80m turnover target by 2013.

    1 minute read

  • July 26, 2012 |

    Line-up of top UK firms on board £4.5bn UK rail development deal

    A raft of UK law firms including DLA Piper, Ashurst, Shoosmiths and Freshfields Bruckhaus Deringer have advised on a £4.5bn UK rail deal which will see a fleet of new intercity trains built and as many as 900 new jobs created. DLA Piper took the lead role for Agility Trains - a consortium comprising Hitachi Rail Europe and John Laing Investments - on the contract for the Intercity Express Programme, which was approved this week by the Department for Transport (DfT).

    1 minute read

  • July 25, 2012 |

    Ince continues international growth with launch of new base in Beijing

    Ince & Co has launched an office in Beijing after applying for a licence to open in the city last year. The firm announced the opening of its new base today (25 July), with Shanghai contentious shipping partner Wai Yue Loh relocated to the city to head up the new outfit.

    1 minute read

  • July 22, 2012 |

    Camerons, Olswang and US quartet confirm autumn NQ retention rates

    CMS Cameron McKenna, Olswang and White & Case are among a number of law firms to have confirmed retention rates for their September intakes, with Olswang also unveiling changes to its trainee recruitment scheme. Camerons has announced an 84% retention rate, slightly up on the 81% kept on from the firm's March intake. Of 31 newly qualified (NQ) trainees, 26 took up positions at the firm after 29 were offered jobs. The March intake saw 25 of 31 NQs kept on.

    1 minute read

  • July 22, 2012 |

    O'Melveny takes key London role on $5.5bn private equity fundraising

    The London office of US firm O'Melveny & Myers has taken the lead role for longstanding client Coller Capital on the $5.5bn (£3.5bn) final closing for its sixth private equity fund. Coller VI, which exceeded its initial $5bn (£3.2bn) target, is thought to be the second-largest secondaries fundraising ever.

    1 minute read

  • July 19, 2012 | International Edition

    California dreaming - firms look further west in bid for US expansion

    "While UK practices are still continuing their developing markets push, behind the scenes attention had already started shifting back to the perpetual elephant in the room: cracking the US market..."

    1 minute read

  • July 19, 2012 |

    California dreaming - firms look further west in bid for US expansion

    "While UK practices are still continuing their developing markets push, behind the scenes attention had already started shifting back to the perpetual elephant in the room: cracking the US market..."

    1 minute read

  • July 13, 2012 |

    Lloyds Banking Group set to cut law firm roster by 10% in adviser review

    Lloyds Banking Group is set to cut back its law firm roster by around 10% in a UK panel review due to kick off later this month. The bank, which appointed its last legal panel in 2010, has sent a letter to firms informing them they will receive tender documents on 23 July, with pitch submissions due three weeks later and a final line-up expected to be confirmed by early autumn.

    1 minute read