Publication: Legal Week

First reported 2 hours ago - Updated 2 hours ago - 1 reports

Financials round-up: Withers revenue boosted, Trowers grows profits despite fee income drop

Revenue at Withers grew 4.7% in the last financial year, up from £117.8m to £123.3m, while Trowers & Hamlins suffered a drop in turnover for the second straight year.The Withers results follow a 2012-13 in which turnover at the private client focused ... [Published Legal Week - 2 hours ago]
First reported 3 hours ago - Updated 3 hours ago - 1 reports

Slaughter and May appoints fourth new Hong Kong partner in 2014

Slaughter and May has made its fourth partner appointment in Hong Kong this year, as the firm continues to invest in its Greater China business.The promotion of M&A lawyer Charlton Tse, which will take effect 1 August, follows those of corporate associates ... [Published Legal Week - 3 hours ago]
First reported 14 hours ago - Updated 14 hours ago - 1 reports

A call to alms: international firms are uniquely placed to lead major pro bono projects

DLA Piper's Tony Angel on why international law firms have huge responsibilities when to comes to pro bono workEarlier this month I returned from Bangladesh, where I visited the UNICEF-funded child justice projects DLA Piper is supporting to help protect ... [Published Legal Week - 14 hours ago]
First reported 16 hours ago - Updated 16 hours ago - 1 reports

Great minds: Squire Patton Boggs chief James Maiwurm on post-merger integration

Integration is a word bandied around a lot in the year following a law firm merger. And there is rarely agreement over what the ideal timeframe in which this can be achieved, or indeed on what is the right means to create a so-called "shared culture" ... [Published Legal Week - 16 hours ago]
First reported Jul 22 2014 - Updated Jul 22 2014 - 1 reports

The turnaround: Gateley senior partner Michael Ward on how the firm is looking to cash in after the crash

By most reckonings, Gateley is a firm that has performed well in recent years. Under the leadership of senior partner Michael Ward profit per equity partner (PEP) increased nearly 10% to £288,000 in 2013-14 . That followed a 22% increase 12 months earlier, ... [Published Legal Week - Jul 22 2014]
First reported Jul 22 2014 - Updated Jul 22 2014 - 1 reports

Linkedin hires ex-Skadden lawyer and Yahoo! legal head as GC

LinkedIn has appointed former Yahoo! legal chief and one-time Skadden Arps Slate Meagher & Flom lawyer Michael Callahan as its new general counsel.Callahan, who will step into the role at the end of this month, replaces Erika Rottenberg, who announced ... [Published Legal Week - Jul 22 2014]
First reported Jul 22 2014 - Updated Jul 22 2014 - 1 reports

Pinsent Masons looks to double revenue target for flexi lawyer service

Pinsent Masons will double its fee income target from its freelance lawyer service Vario after client demand vastly outstripped original expectations in the first 18 months of the scheme.Launched in February 2013 , the initative took two and a half times ... [Published Legal Week - Jul 22 2014]
First reported Jul 22 2014 - Updated Jul 22 2014 - 1 reports

Olswang pulls plug on Middle East plans as UAE opening shelved

Olswang has shelved plans to open in the United Arab Emirates, having last year eyed what would have been its first venture into the Middle East.Legal Week understands that the firm had been planning to move into the region with a number of lateral hires ... [Published Legal Week - Jul 22 2014]
First reported Jul 21 2014 - Updated Jul 22 2014 - 1 reports

Squire Patton Boggs to consolidate duplicate offices by year-end

Squire Patton Boggs is planning to consolidate its offices in New York, Washington and Riyadh by the end of the year as integration of the two legacy firms gathers pace.The firm, which was formed with the merger of Squire Sanders and Patton Boggs on June ... [Published Legal Week - Jul 21 2014]
First reported Jul 21 2014 - Updated Jul 21 2014 - 1 reports

RPC blames profit drop on increased investment

RPC has posted a 10% drop in profit per equity partner (PEP) for 2013-14, despite an increase in revenue at the firm.The firm has cited increasing investment as the reason for the decline in profitability.PEP fell from £368,000 last year to £330,000. ... [Published Legal Week - Jul 21 2014]
First reported Jul 21 2014 - Updated Jul 21 2014 - 1 reports

Herbert Smith and Freshfields advise as Liberty Global buys stake in ITV

Herbert Smith Freehills (HSF) and Freshfields Bruckhaus Deringer have advised on US cable giant Liberty Global's £481m purchase of a stake in ITV.Owned by billionaire media executive John Malone, Liberty purchased the 6.4% share in the British broadcaster ... [Published Legal Week - Jul 21 2014]
First reported Jul 21 2014 - Updated Jul 21 2014 - 1 reports

Backing Voge: an interview with Latham & Watkins' new chair-elect

The San Diego sun has yet to rise when Bill Voge returns a Legal Week call at 5am. It's the last day of his summer holiday - and the morning after he was elected as Latham & Watkins' new global chairman and managing partner - but the London-based project ... [Published Legal Week - Jul 21 2014]

Quotes

Withers managing partner Margaret Robertson (pictured) said: "We are pleased to see that strong domestic demand and international growth have contributed to a 4.7% increase in revenue this year...We look forward to another busy year in which we strengthen our position as the leading law firm for serving successful people and their families."
Senior Hong Kong partner Peter Brien said: "We definitely want to grow the business in Hong Kong and China, and the promotions are evidence of that."
"Africa is interesting," Maiwurm concurs. "We have no specific plan to do anything in the near term, but it is the ultimate emerging market. Long term it could very well be in our plans."
"We had one immediate benefit from the ABS, in that we could include our finance director as a member of the business," explains Ward. "But long term, the flexibility it provides is key; if we kept going well and saw an opportunity, we would not want to be waiting six months to take advantage of it."

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Financials round-up: Withers revenue boosted, T... [Published Legal Week - 2 hours ago]
Slaughter and May appoints fourth new Hong Kong... [Published Legal Week - 3 hours ago]
A call to alms: international firms are uniquel... [Published Legal Week - 14 hours ago]
Great minds: Squire Patton Boggs chief James Ma... [Published Legal Week - 16 hours ago]
The turnaround: Gateley senior partner Michael ... [Published Legal Week - Jul 22 2014]
Linkedin hires ex-Skadden lawyer and Yahoo! leg... [Published Legal Week - Jul 22 2014]
Pinsent Masons looks to double revenue target f... [Published Legal Week - Jul 22 2014]
Olswang pulls plug on Middle East plans as UAE ... [Published Legal Week - Jul 22 2014]
RPC blames profit drop on increased investment [Published Legal Week - Jul 21 2014]
Backing Voge: an interview with Latham & Watkin... [Published Legal Week - Jul 21 2014]
Squire Patton Boggs to consolidate duplicate of... [Published Legal Week - Jul 21 2014]
Revealed: Ashurst approached Sidley Austin for ... [Published Legal Week - Jul 21 2014]
Herbert Smith and Freshfields advise as Liberty... [Published Legal Week - Jul 21 2014]
No partners to leave as Charles Russell and Spe... [Published Legal Week - Jul 18 2014]
BT Global legal chief David Eveleigh to join Se... [Published Legal Week - Jul 18 2014]
Dentons adds new Ghana association after partin... [Published Legal Week - Jul 18 2014]
LLP accounts reveal 533 partner terminations at... [Published Legal Week - Jul 18 2014]
Skadden, Cravath and Hogan Lovells advise on Ru... [Published Legal Week - Jul 18 2014]
DLA Piper sees three more partner exits in Asia... [Published Legal Week - Jul 18 2014]
King & Wood Mallesons eyes Singapore office by ... [Published Legal Week - Jul 18 2014]
Bakers and Clifford Chance take lead roles on H... [Published Legal Week - Jul 17 2014]
Top silks at Gray's Inn Tax chambers form new s... [Published Legal Week - Jul 17 2014]
Dealmaker: Philip Rocher [Published Legal Week - Jul 17 2014]
Travers Smith posts 13% revenue hike [Published Legal Week - Jul 17 2014]
Ropes & Gray to double London headcount with Ci... [Published Legal Week - Jul 17 2014]
Watson Farley edges closer to Dubai opening [Published Legal Week - Jul 17 2014]
Can Hong Kong still compete? Top lawyers raise ... [Published Legal Week - Jul 17 2014]
Speechly Bircham and Charles Russell merge to f... [Published Legal Week - Jul 16 2014]
Jones Day, Simpson Thacher light up on mega £16... [Published Legal Week - Jul 16 2014]
Norton Rose Fulbright mulls plans to extend sec... [Published Legal Week - Jul 16 2014]
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