Financial news

Devitt
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After the Addleshaws blunderstorm

Undermined by leadership slip-ups, is it time firm looked outside for fresh blood? There’s nothing like a miscalculated paycheck to ruffle feathers. Particularly when it coincides with managerial mistakes and waning confidence. Perhaps that’s why few eyebrows were raised when Addleshaw Goddard managing partner Paul Devitt announced plans to resign from the top job at […]

Construction

Clifford Chance drops as A&O soars in project finance global rankings

Clifford Chance has toppled six spaces in this year’s global project finance rankings as Allen & Overy (A&O) rises to pole position with $94.9bn worth of deals. Last year Clifford Chance beat its competition in a three-year low for deal volumes and values to come out top. The firm outperformed its rivals in 2012 with […]

Addleshaws
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Addleshaws to kick off management elections after Devitt stands down early

Addleshaw Goddard’s Paul Devitt is to stand down as the firm’s managing partner a year before his tenure was due to end on 30 April 2015, sparking an early election. The election process was originally due to kick off in September but will now begin imminently, with the aim of having a new leader in […]

Amsterdam

Stibbe rides back of corporate wave with turnover up 7 per cent to €136m

Benelux firm Stibbe has announced a 7 per cent increase in turnover for the 2013 year, with revenue rising from €127m in 2012 to €136m (£113.8m). The rise has coincided with the announcement by the firm of the election of Derk Lemstra as its new managing partner. Corporate partner Lemstra took over from Heleen Kersten […]