• March 15, 2012 |

    Magic circle firms among line-up advising on accountancy competition probe

    Linklaters, Clifford Chance and Freshfields Bruckhaus Deringer are among a host of firms acting for accountancy giants embroiled in an ongoing Competition Commission investigation.

    1 minute read

  • March 11, 2012 |

    Stephenson Harwood wins lead on £3bn London waste-to-energy project

    Stephenson Harwood has won the key role to advise the North London Waste Authority (NLWA) on a £3bn waste-to-energy procurement project, after a competitive tender which saw the firm see off former adviser Eversheds. The project will see the creation of new waste treatment facilities in north London and a new fuel use facility to optimise energy recovery from solid recovered fuel. By 2045, the facilities are expected to handle around 3% of the UK's municipal waste tonnage.

    1 minute read

  • March 8, 2012 |

    Travers targets new US links as referral partners bulk up in the City

    Travers Smith is reviewing its US relationships in the wake of a number of its referral firms bulking up their UK law offerings in the City. The top 50 UK law firm has traditionally worked with US institutions such as Ropes & Gray, Goodwin Procter and Proskauer Rose – all of which have expanded in London in recent years.

    1 minute read

  • March 8, 2012 |

    City firms foresee slow growth but Q3 revenues rise 7% at top 100

    The UK's top 100 law firms saw fee income increase by 7.2% year-on-year during the third quarter of 2011-12 according to new research, which shows firms are predicting slower growth for the coming financial year due to the ongoing economic uncertainty in the eurozone. Deloitte's latest legal sector survey, covering the three-month period ending 31 January, shows that while fee income increased in Q3 this year compared with 2011, the growth is down on last quarter, when the same firms reported an increase in turnover of nearly 10%.

    1 minute read

  • March 8, 2012 |

    Law Society survey highlights key issues to retain more women in law

    Flexible working and better performance assessment are key to retaining more women in law, according to a recent survey by the Law Society and LexisNexis. The survey, published to coincide with International Women's Day today (8 March), canvassed 1,144 respondents, with flexible working options and performance metrics that allow for fewer hours in the office cited as the best ways for the legal profession to retain more women.

    1 minute read

  • March 6, 2012 |

    Raft of firms line up on private equity rescue of property manager Peverel

    Olswang, White & Case and Ashurst are among a raft of firms to have taken advisory roles related to the £62m rescue acquisition of property manager Peverel Group by a duo of private equity houses. The acquisition has seen Peverel - one of the UK's largest property management companies - taken out of administration, securing 4,200 jobs and reducing the group's debt from £125m to £25m.

    1 minute read

  • March 5, 2012 |

    Ashurst wins role alongside Aussie firms on $2.4bn Asia-Pac mining M&A deal

    Ashurst has won a lead role on the $2.4bn (£1.5bn) bid for Australia-based mining company Extract Resources by an arm of state-owned China Guangdong Nuclear Power Group (CGNPC), reports The Am Law Daily. The firm is is serving as US and UK counsel to CGNPC affiliate Taurus Mineral on its offer for Extract, the owner of the world's fourth-largest uranium deposit.

    1 minute read

  • March 2, 2012 | International Edition

    Different routes – the non-magic circle way to fly American

    The magic circle may have yet to find their dream partners in New York, but the more flexible model used by some London rivals - notably Hogan Lovells and DLA Piper - has allowed them to make considerable progress in the US...

    1 minute read

  • March 2, 2012 |

    Different routes – the non-magic circle way to fly American

    The magic circle may have yet to find their dream partners in New York, but the more flexible model used by some London rivals - notably Hogan Lovells and DLA Piper - has allowed them to make considerable progress in the US...

    1 minute read

  • March 1, 2012 | International Edition

    The long, long haul - can the magic circle break America?

    As attention turns to emerging economies, London's top firms continue to press on in the US. Georgina Stanley asks whether a breakthrough is finally in sight

    1 minute read