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  • March 23, 2010 |

    Ashurst: Balancing acts

    Earlier this month Ashurst partners sat down to a presentation from management. The message was clear - the firm had come a long way over the last two decades, a brutally tough two years was now behind it and the partnership is the right size and shape for the future - one that will see the firm positioned among a band of leading international law firms. And, however you look at it, Ashurst has travelled a huge distance in the last 20 years. In 1990 turnover stood at just £29m, profits per equity partner (PEP) at £308,000 and the partnership itself at only 38, so its transformation - without the aid of a substantive merger - into a top 10 City practice is unquestionably impressive.

    1 minute read

  • March 23, 2010 |

    Camerons and SJ Berwin snare new corporate and real estate clients

    CMS Cameron McKenna and SJ Berwin have picked up new clients in their respective corporate and real estate practices. SJ Berwin has carried out its first mandate for new property client Max Property, advising the company on a recent office investment worth £36.5m.

    1 minute read

  • March 22, 2010 |

    Legal Week launches new online briefings database for clients

    Legal Week has teamed up with some of the world's leading law firms to launch an online database of legal developments targeted at clients. The product - Legal Week Law - formally launches today (22 March) with briefings from more than 100 law firms. As well as drawing on Legal Week's archive of contributed legal developments articles, the site includes a wealth of new documents from some of the world's top law firms.

    1 minute read

  • March 22, 2010 |

    - Partnership Round 2010 -

    Welcome to Legal Week's 2010 partner promotions round-up. Here you'll find all the latest news stories about partner promotions gathered in one place, as well as links to relevant blog entries and any other bits and pieces we think might be of interest.

    1 minute read

  • March 17, 2010 | International Edition

    Pharmaceuticals: The game changer

    The pharmaceutical industry is facing uncertain times as a once-lucrative business model buckles under a globalising world economy. Charlotte Edmond reports on the companies and lawyers battling to secure all-important intellectual property in a rapidly changing market

    1 minute read

  • March 17, 2010 |

    Partners want junior pay freeze extension

    The latest Legal Week Big Question survey has found that many partners believe assistants should either definitely or probably see the 2009 pay freeze introduced at most large law firms extended in 2010. More than a quarter (27%) said they 'very much' believe the freeze should continue, with a similar number (24%) claiming this should 'probably' happen. The majority of respondents (around one third) had mixed feelings on the subject, leaving only 15% strongly arguing that the freeze should not continue.

    1 minute read

  • March 17, 2010 |

    Pharmaceuticals: The game changer

    The pharmaceutical industry is facing uncertain times as a once-lucrative business model buckles under a globalising world economy. Charlotte Edmond reports on the companies and lawyers battling to secure all-important intellectual property in a rapidly changing market

    1 minute read

  • March 17, 2010 |

    Milbank sees partner profits rise by 5% against fall in revenues

    Milbank Tweed Hadley & McCloy has posted increased partner profits for 2009, despite a slight dip in revenue, reports The Am Law Daily. The firm's turnover fell by 3% to $601.5m (£391.7m), while the number of lawyers dropped by 8% and the firm's partnership shrank by 3.5%.

    1 minute read

  • March 17, 2010 |

    Addleshaws heads up 2010 trainee retention rankings with 89% of March intake kept on

    Addleshaw Goddard retained the highest number of March 2010 qualifying trainees in the UK top 30, with the national law firm keeping 89% of its intake. The firm kept on eight of the nine trainees qualifying and 100% of those applying for jobs, putting its retention rate narrowly ahead of those recorded by Nabarro and Wragge & Co and significantly above the 75% average across the top 30 as a whole.

    1 minute read

  • March 10, 2010 |

    Dealmaker: Steven Fox

    Ashurst corporate partner Steven Fox takes wise counsel from The Hungry Caterpillar...

    1 minute read