News – Page 24
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NewsDLA Piper profits bounce back on slipping revenue
International firm kicks off results season by posting 6% rise in net profits.
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NewsLegal services market shrinks for the first time since financial crisis – report
Turnover declined by 5.2% in 2016, with the bar the hardest hit, according to research by consultancy IRN.
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NewsExpanding law firm still hunting for ABS opportunities
PLC says its law firm partner has broadened its scope ahead of personal injury reforms.
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NewsSlater and Gordon writes down value of UK business by £216m
Half-year results once again paint a grim picture for listed Australian firm – as the deadline looms for a new agreement with lenders.
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NewsPartner profits flat at Hogan Lovells
Firm claims solid performance in a 'relatively flat and uncertain market'.
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NewsSlater and Gordon shares dive as UK recovery takes ‘longer than expected’
Update to Australian stock exchange also reveals bank debt now exceeds total enterprise value.
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NewsFreshfields bosses share £18.1m as executive pay climbs 8%
Top executives at magic circle firm Freshfields Bruckhaus Deringer shared £18.1m in the last financial year, an 8% increase on the previous 12 months. The joint remuneration of the senior partner, managing partners and global practice group heads is disclosed in newly filed group accounts for the year to 30 ...
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NewsHogan Lovells partners to put £50m into firm
Each partner will contribute around £100,000 over five years.
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KWM administrators reveal contact with SRA
Administrators blame partner departures for collapse of King & Wood Mallesons’ European arm.
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NewsAsons keeps quiet over rental income
Rightmove advertisement suggests Bolton law firm may pocket rental income from refurbished building.
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NewsNews focus: from billion-dollar firm to administration – what went wrong at KWM
Firm slipped into administration yesterday following months of uncertainty.
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NewsKWM to file for administration today
European arm of King & Wood Mallesons ends days of speculation and says administrators will be appointed today.
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Accounts show Olswang profits dipped in build-up to merger
Firm struggled in the year before agreeing record-breaking deal with CMS and Nabarro.
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NewsProfits tumble 32% at leading claims management company
First4Lawyers posts second successive year of falling turnover as it diversifies away from PI.
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Slaughter and May considering applications from KWM trainees
Top firms say they are sympathetic to plight of King & Wood Mallesons trainees.
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NewsKWM trainees face axe as depth of money woes becomes clearer
Trainees’ contracts with European arm of international firm will be cancelled tomorrow.
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NewsFirm reveals spending £900k on aborted acquisition
Four mid-tier firms publish their annual accounts for 2015/16 – with one reporting almost 20% growth in profits.
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NewsClifford Chance chiefs share £15m after bumper year
Clifford Chance LLP has reported pre-tax profits of nearly £500m in its latest statutory accounts.
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NewsMajor PI firm reveals £13m profit hit as reforms loom
Thompsons Solicitors also set aside millions to cover redundancy costs in 2015/16.
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NewsLegal stories you may have missed over Christmas
Some of the key legal stories emerging while we celebrated Christmas and the new year.