All articles by Kathleen Hall – Page 18
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News
Political storm over Strasbourg whole life ruling
Ministers have condemned the decision by Strasbourg that whole life sentences breach human rights, suggesting that the role of the European Court of Human Rights should be ‘curtailed’. The attack follows the final ruling of the court yesterday that whole life imprisonment of murderer Jeremy Bamber and two others breached ...
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News
Profession denounces posthumous Magnitsky trial
Lawyers worldwide have denounced the posthumous trial of Russian lawyer, Sergei Magnitsky (pictured) who was yesterday found guilty of tax evasion in a Moscow trial that began following his death in prison four years ago. Magnitsky died in a pre-trial detention after accusing Russian police of complicity in a $230m ...
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NewsClifford Chance scheme falls foul of tax tribunal
A tax tribunal has ruled against a stamp duty land tax (SDLT) avoidance scheme on which magic circle firm Clifford Chance advised. In the first case to test a targeted anti-avoidance rule in the SDLT legislation, developer of the Chelsea Barracks site Project Blue Ltd now faces a £50m tax ...
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News
Whole life imprisonment breaches human rights, rules Strasbourg
The whole life imprisonment of murderer Jeremy Bamber and two other killers breaches their rights under article 3 of the European Convention, the European Court of Human Rights ruled in the case’s final judgment today. The three killers are subject to whole life orders, meaning they cannot be released other ...
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News
Profits soar by 32% at TLT
Profits at national firm TLT soared by 32% to £7.4m in 2012 – on turnover up 11.6% to £49.6m, according to financial results released today. Profit per equity partner rose 7.5% to £274,00. Last year TLT merged with Scottish firm Anderson ...
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News
School leavers offered apprenticeship
School leavers seeking a route into the profession are being offered a legal services apprenticeship in a partnership between the Chartered Institute of Legal Executives (CILEx) and Manchester Metropolitan University Law School. The scheme will provide legal services apprenticeships at more than a dozen regional firms including Pannone, Weightmans and ...
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News
Clifford Chance partners take 9% hit in ‘disappointing’ year
Profit per equity partner (PEP) dropped by 9% to £1m at Clifford Chance in 'disappointing' 2012-13 financial results for the magic circle firm. Profits fell 6% to £404m, on a turnover drop of 2% to £1.271bn, figures released today show. Managing partner at Clifford Chance David Childs said the results ...
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News
Modest profit increases at Linklaters and Freshfields
Linklaters and Freshfields Bruckhaus Deringer are the latest magic circle firms to post a modest increase in profits for 2012-13. Freshfields recorded an increase in profits of 2.4% to £548m. Turnover grew by 7.2% to £1.221bn. Profit per equity partner climbed 7.6% to £1.39m. ...
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News
Ashurst, Norton Rose Fulbright and Eversheds post results
Ashurst, Eversheds and Norton Rose Fulbright were the latest top-100 firms to post financial results for 2012-13 today. Profits at City firm Ashurst fell 6% to £105m, as market conditions in Europe and the weakening euro had a ‘marked impact’. Turnover at the firm was flat ...
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News
Allen & Overy opens results season with 2.2% profit growth
Profits at Allen & Overy rose 2.2% to £496.7m on flat turnover last year, the firm revealed today in the first announcement of 2012-13 results from the magic circle. Revenue grew just 0.6% to £1.19bn, with profit per equity partner remaining £1.1m for the year ...
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News
City firm Rohrer closed by SRA
The Solicitors Regulation Authority has closed City firm Rohrer & Co following an intervention, citing ‘reason to suspect dishonesty’. The SRA said today that Rohrer, based in Finsbury Square, London, had failed to comply with the SRA Principles and Code of Conduct under the Administration of ...
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News
PEP breaks £1m mark at Stewarts Law
Average profit per equity partner at litigation firm Stewarts Law broke through the £1m mark last year, according to 2012/13 financial results released today. Revenue jumped 27% to £45.2m, with profit rising to £20.5m from £15.8m. PEP was £1.1m, up from around £800,000 the previous ...
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News
Profits rise in ‘turbulent year’ for Field Fisher Waterhouse
Profits at City firm Field Fisher Waterhouse rose 8% to £18.3m for the ‘turbulent’ financial year 2012/13. Revenues dropped by 2.5% to £95m for the year to 5 April. Average profit per equity partner was also down, by 2% to £402,000. The ...
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News
TSol set for major recruitment push
Whitehall’s central legal services provider the Treasury Solicitors Department (TSol) is to recruit 40 lawyers after spending nearly £4.6m on temporary staff through outsourcer Capita, the Gazette can reveal. The recruitment campaign is for advisory, commercial, employment and litigation lawyers at civil service grade 7, with salaries between £47,086 and ...
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News
Ministry IT costs soar as deadline looms
Numbers of temporary staff working on the Ministry of Justice’s £500m National Offender Management Service (NOMS) IT system have soared as the government rushes to complete projects before the general election, research has revealed. NOMS aims to share data across 125 prisons and 35 probation services. The project is due ...
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News
Trainee retention rates rise at top City firms
The proportion of trainees winning places at top firms has increased this year to an average of 83%, figures for the September intake show. Magic circle firm Slaughter and May reported the highest retention rate, 90%, offering placements to 46 trainees. Rival Clifford Chance said 80% of its 60 trainees ...