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Revenue stalls at Macfarlanes after five years of growth
Following half a decade of top line growth, Macfarlanes saw revenue remain virtually static and profit per equity partner fall 17 per cent in the 2015/16 financial year.
Lawyer found guilty of £37k tax fraud
A family law solicitor has been found guilty of wrongfully claiming £37,000 in income tax repayments.
Mills & Reeve sees turnover hit record high
UK law firm Mills & Reeve has reported a 6.9 per cent turnover jump to reach a record-breaking £87.2m for the 2015/16 financial year.
Dentons follows Milan launch with Rome opening
Global law firm Dentons announced today the opening of its new office in Rome, its second in Italy after launching in Milan late last year.
IRS takes Facebook to court, signalling tougher stance
Federal tax officials have sought a court order demanding internal corporate records related to one of Facebook's offshore tax strategies, marking a shift in global enforcement tactics against lar...
Clyde launches in Germany with Noerr team
Clyde & Co is to open an office in Düsseldorf, the firm's first in Germany, with the hire of a five-lawyer team from Noerr.
BLP's PEP up 3.6 per cent but pay frozen amid Brexit fallout
Average profit per equity partner at Berwin Leighton Paisner increased last year by 3.6 per cent, from £659,000 to £683,000.
Mixed results for Simmons and Simmons as PEP plummets but turnover increases
Simmons & Simmons's average profit per equity partner fell by 10 per cent last year, from £650,000 to £585,000 last year, though the firm's turnover increased for the fourth co...
Asia-Pac set to lead global investment in transport sector
A survey by Norton Rose Fulbright has found that the Asia-Pacific Region is considered to offer the best investment opportunity in the transport sector over the next five years.
A&O and Freshfields advise in $175bn bank merger
Allen & Overy and Freshfields Bruckhaus Deringer have advised on the creation of the biggest bank in the MENA region.
Taylor Wessing posts 6 per cent boost in global revenue
Taylor Wessing has announced its global revenues increased by 6 per cent in 2015/16 from £239.8m to £254.5m.
DAC Beachcroft posts modest revenue rise as profit grows 9 per cent
DAC Beachcroft has reported turnover of £202m for the 2015/16 financial year, an increase of 1.5 per cent from the previous year's £199m.
Clifford Chance sees 10 per cent PEP boost
Clifford Chance has become the second Magic Circle firm to announce its financial results for 2015/16, with revenue up 2.6 per cent to a record high of £1.386bn and profit jumping by nearly 10 p...
FBI chief recommends no charges for Clinton
FBI director James Comey has stated that the FBI is recommending no charges be filed against Hillary Clinton or her aides over her use of private e-mail while secretary of state.
HSF revenue jumps to £870m
Herbert Smith Freehills has turned over £870m for the 2015/16 financial year, its third since becoming a fully-merged firm, representing a rise of 6.7 percent from 2014/15.
Clifford Chance partners with AI system Kira
Clifford Chance has become the latest UK law firm to adopt the use of AI after announcing that it has entered into a partnership with software provider Kira Systems.
Addleshaw Goddard posts 5 per cent revenue jump
Following the trend of other mid-tier firms, which have seen slower growth in 2015/16 than the year before, Addleshaw Goddard's revenues are up 5 per cent to £201.8m for the 2015/16 fina...
Linklaters SP candidate Comiskey named corporate head
Less than two months after missing out on the role of senior partner at Linklaters, Aedamar Comiskey has been named global head of the Magic Circle firm's corporate division.
Clyde & Co posts double-digit revenue growth
Clyde & Co has posted a 13 per cent jump in turnover for the 2015/16 financial year from £395m to £447.3m, topping the previous year's 9 per cent increase.
Plans afoot to liberalise India's legal market
India is on the verge of opening its legal market to foreign law firms as ministers have revealed they will meet to discuss fresh proposals next Tuesday (5 July).