Recruiter Harvey Nash bucks Brexit fears as profits rise in first half September 25, 2018 Tech recruiter Harvey Nash reported rising profits in its interim results this morning, despite the sector suffering from uncertainty surrounding Brexit negotiations in the UK. Despite the decent results, shares in the company were trading almost one per cent lower early on Tuesday. The figures Gross profit rose 7.2 per cent to £51.7m, while profit before [...]
Norman Lamb hails ‘breakthrough’ after RBOS Action Group company referred to City of London Police September 24, 2018 Liberal Democrat MP Norman Lamb has hailed a "breakthrough" in the case of a fraudster-linked action group after the Ministry of Justice (MOJ) agreed to pass on information to the City of London Police. Lamb, who is a member of the all-party parliamentary group on fair business banking, has been instrumental in pushing the MOJ to hand [...]
Serious Fraud Office general counsel leaves regulator for private law firm Kingsley Napley September 24, 2018 The man tipped for the top job at the Serious Fraud Office before former FBI lawyer Lisa Osofsky won the post will leave the regulator for private practice next year. Alun Milford, who served as the SFO's general counsel, has joined Kingsley Napley as a partner in criminal litigation. Milford has been a government prosecutor for 26 years. [...]
Dialling down the music won’t reduce London’s crime rate September 24, 2018 Earlier this year, a drill rap group known as 1011 was issued with a court order banning them from making music without police permission. The five west London teenagers were arrested last year for conspiracy to commit violent disorder. The criminal behaviour court order, requested by the police, specified that the group must notify [...]
Magic Circle deal star Nigel Boardman’s next act September 24, 2018 Slaughter and May deal star Nigel Boardman is approaching the second act of his career with the same strategic approach that made him the most renowned English corporate lawyer of the last 20 years. When he retires from Slaughters’ partnership at the end of April to become a part-time consultant with the firm it [...]
Fish fight: Russian billionaire fails to keep $350m worldwide freezing order secret in dispute with former business partner September 19, 2018 Russian billionaire Vitaly Orlov has lost an attempt to keep a $350m (£270m) worldwide freezing order (WFO) against him secret amid an ongoing dispute with his former business partner over a stake in Russia's largest fishing company. Fellow billionaire Alexander Tugushev is locked in a dispute with Orlov over claims he refuses to recognise his one-third ownership of Norebo, [...]
Fish fight: Russian billionaire fails to keep $350m worldwide freezing order secret in dispute with former business partner September 19, 2018 Russian billionaire Vitaly Orlov has lost an attempt to keep a $350m (£270m) worldwide freezing order (WFO) against him secret amid an ongoing dispute with his former business partner over a stake in Russia's largest fishing company. Fellow billionaire Alexander Tugushev is locked in a dispute with Orlov over claims he refuses to recognise his one-third ownership of Norebo, [...]
The £1m club: 10 UK law firms pay their average partner more than £1m September 19, 2018 Ten UK-based law firms paid their partners an average of £1m or above last year as the sector boomed on the back of strong deal flow and continued regulatory uncertainty. Research published today by website Legal Week showed that the UK’s top 50 law firms grew average profit per equity partner (Pep) five per cent [...]
The £1m club: 10 UK law firms pay their average partner more than £1m September 19, 2018 Ten UK-based law firms paid their partners an average of £1m or above last year as the sector boomed on the back of strong deal flow and continued regulatory uncertainty. Research published today by website Legal Week showed that the UK’s top 50 law firms grew average profit per equity partner (Pep) five per cent [...]
Rosenblatt launches litigation fund post-stock market float September 18, 2018 City law firm Rosenblatt launched a £2m litigation fund today as it announced its maiden results to the stock market. The firm became just the fourth law firm to list on the London Stock Exchange when it raised £43m from investors in May. Today it announced a subsidiary, Rosenblatt Litigation Funding, with £2m from the [...]