It’s fair to say the research for this year’s GC Powerlist UK, where we once again shook up the format of our flagship annual in-house publication, met some initial resistance. Now in its eighth year, the 2020 edition sought to ...
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Feed SubscriptionKnights staff face cuts and Ince cancels dividend in wake of Covid-19
Knights board members and staff earning more than £30,000 face pay cuts of at least 10% and some staff will be made redundant, while Ince has followed Gateley in slashing its interim dividend due to the impact of coronavirus. The listed ...
Read More »Coronavirus fallout sees Gateley cancel dividend and suspend guidance
Listed law firm Gateley has withheld more than £3m in shareholder payouts to keep hold of cash with activity dented by the Covid-19 pandemic. The firm said today (24 March) it would cancel its interim dividend of 2.9 pence a ...
Read More »DLA cracks £1bn revenue after pumping ‘tens of millions’ into offices and IT
DLA Piper has increased profit at its international LLP for the fourth year running despite a sustained period of investing ‘tens of millions’ of pounds in office moves, refurbishments and IT systems. A strong year for its European offices – and ...
Read More »DAC Beachcroft doubles up in Madrid with 20-lawyer hire
DAC Beachcroft is looking for further opportunities in Europe and South America after doubling the size of its Madrid office by combining with a three-partner insurance boutique. The firm today (21 January) took on 20-lawyer outfit Asjusa, which focuses on ...
Read More »DWF eyes US after Spanish acquisition
DWF is looking to crack the US market with an acquisition which would likely surpass its £42.5m deal for a Spanish law firm announced today (11 December). The firm, which became the UK’s sixth and largest law firm to list in ...
Read More »In-house: National Grid drops three firms from panel following ‘pay to play’ review
BDB Pitmans, Irwin Mitchell and Norton Rose Fulbright have been dropped from National Grid’s panel, understood to be worth about £12m a year in the UK alone, following an extensive tender process which saw firms pay to compete for spots. Womble Bond ...
Read More »Gowling WLG appoints corporate partner UK chair as Witts steps down
Gowling WLG has elected a corporate partner chair of its UK LLP, with incumbent Andrew Witts standing down after more than eight years and multiple mergers. M&A and private equity partner Andy Stylianou (pictured) will become the firm’s chair from ...
Read More »Kennedys looks to ensure next stage of growth with first managing partner
Kennedys has appointed its first global managing partner following a sustained period of growth which has seen turnover increase 70% in the last five years on the back of expansion into 37 international offices. Suzanne Liversidge (pictured), who joined the insurance ...
Read More »Spin-offs likely as Mishcon ‘considering all options’ for a capital raise
Mishcon de Reya is considering options for raising capital in a bid to fund its ‘ambitious plans’ for growth, including a possible initial public offering (IPO). Sky News reported on Saturday (20 July) the firm is looking to either list ...
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