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Live blog: law and the Super League
The latest developments in the aftermath of the collapse of the breakaway league from the legal point of view. Contact alex.taylor@thelawyer.com with related news or analysis.
Listed group CEO sets out vision for £30m Memery Crystal deal
RBG Holdings’ £30m acquisition of Memery Crystal could lead to a working separation at the listed company as CEO Nicola Foulston lays out her plans to split contentious and non-contentious work between brands. Foulston told The Lawyer that her long-term idea for the group is for Rosenblatt to take control of disputes and for Memery […]
In court this week: Google, Facebook and TFS Stores
Almost two years after a significant turnaround in the Court of Appeal, Lloyd v Google is now set for its Supreme Court showdown. The mammoth data protection dispute will be heard across two days before a panel of five starting Wednesday. An estimated 4.4 million iPhone users are on the respondent’s side in this legal […]
London is still a big problem for KWM
KWM is downsizing a Europe LLP that currently owes more money than it makes.
South Square QC calls on Mayer Brown to defend £16m negligence case
1
Live blog: law and the Super League
The latest developments in the aftermath of the collapse of the breakaway league from the legal point of view. Contact alex.taylor@thelawyer.com with related news or analysis.
Listed group CEO sets out vision for £30m Memery Crystal deal
RBG Holdings’ £30m acquisition of Memery Crystal could lead to a working separation at the listed company as CEO Nicola Foulston lays out her plans to split contentious and non-contentious work between brands. Foulston told The Lawyer that her long-term idea for the group is for Rosenblatt to take control of disputes and for Memery […]
In court this week: Google, Facebook and TFS Stores
Almost two years after a significant turnaround in the Court of Appeal, Lloyd v Google is now set for its Supreme Court showdown. The mammoth data protection dispute will be heard across two days before a panel of five starting Wednesday. An estimated 4.4 million iPhone users are on the respondent’s side in this legal […]
London is still a big problem for KWM
KWM is downsizing a Europe LLP that currently owes more money than it makes.
Osborne Clarke tops up credit facilities by £10m
Osborne Clarke has extended its revolving credit facility in light of the pandemic, the firm’s latest limited liability partnership (LLP) accounts show, a precautionary measure against the financial consequences of the pandemic. The UK firm has added a further £10m to a £5m facility it already had from previous years, reaching a total of £15m. […]
Kirkland’s beaten Linklaters again
Does anyone need any confirmation of the gradual takeover of the City by rampaging US law firms? No, thought not. If, however, your answer is yes, then more evidence of the Americanisation of London can be found in the upcoming edition of the UK Corporate 50. Much of the focus in this year’s report is […]
We’re entering a new era in Spain’s most expansionist firm
Mexico is set to welcome thousands of lawyers later this year when the capital city plays host to the International Bar Association’s (IBA) showpiece event. Partners and support staff will mingle from dawn until way after dusk, discuss strategies and scan way off into the horizon. However, Mexico’s been high on the interest list for […]
Clydes needed BLM as much as BLM needed Clydes
At times, Clyde & Co appeared dangerously close to squandering the growth opportunities presented by its July 2022 acquisition of BLM. The firm’s most recent financials, however, suggest BLM was the fuel Clydes needed to grow in the UK. Not that it has been without casualties, with a significant proportion of former BLM partners having […]
These are the M&A winners so far this year
The M&A rankings for the first half of 2024 confirmed one thing we already felt was true: that Linklaters and Slaughter and May have had a lot of acquisitive or targeted clients this year. According to data provided by the London Stock Exchange Group, the pair rank first and second respectively in terms of the […]
Stephenson Harwood is playing the long game
When Stephenson Harwood chief executive Eifion Morris set a target for doubling revenue to £400m by 2027, he knew it would be a tough challenge. “A profitable growth strategy will probably take more than individual lateral joiners and internal promotions to achieve,” he told The Lawyer back in 2021. This protective view came as the […]
BDB Pitmans drops merger hunt for CMS-type network
BDB Pitmans partners have voted through proposals that will see the firm transition to a CMS-style network model, having called off merger talks with Womble Bond Dickinson in 2023. The firm has signed a letter of intent with Alvarez & Marsal Legal Services (AMLS) to help internationalise the business. Both BDB Pitmans and AMLS issued […]
The Passport: It’s finally happened – Dentons has been dethroned
Welcome to The Passport, your regular round-up of the most important stories to come from the European legal market. In this edition, we look at how CMS zoomed past Dentons in the Polish lawyer headcount stakes; why you might have to get used to the idea of three firms with ‘Snellman’ in their name; and […]
Cooley’s London boss leads three-partner move to Akin
Akin Gump has recruited three of Cooley’s London partners, including its City managing partner Justin Stock. Stock moves to Akin along with Stephen Rosen and David Bresnick. The three focus on transactions with a life sciences and technology element. At Akin, Stock will become the firm’s international head of technology. Both Stock and Bresnick joined […]
City talk: Clifford Chance’s corporate strategy still relies on its banking roots
For elite firms with ties to big banks, the first half of 2024 has been fruitful for corporate transactions. Sainsbury’s banking business was sold to NatWest Group last month, with Linklaters and A&O Shearman advising, while Addleshaw Goddard, Freshfields Bruckhaus Deringer and Paul Hastings led on Co-operative Bank’s sale to Coventry Building Society in an […]
Mills & Reeve staff set to share in £3m bonus pot
Mills & Reeve’s turnover rose by double digits in 2023/24 to a new record high that has resulted in the firm’s highest-ever all-staff bonus pool of £3m. The firm’s turnover rose by 14.1 per cent to £168m, beating its 2025 strategic target of £150m a year ahead of schedule. The firm has not yet revealed […]