UK News

UK updates from The Lawyer, covering London and regional law firms and the Bar.

News

Homebase

Addleshaws acts as Homebase falls into administration

Addleshaw Goddard is leading for DIY retailer Homebase as it collapses into administration. On the other side of the table, Browne Jacobson is advising The Range’s owner CDS Superstores in its acquisition of the Homebase brand, a move that safeguards nearly 1,500 jobs. Addleshaws’ team for Homebase is led by Manchester-based restructuring partner Tim Taylor. […]

Germany and the UK

The £9bn gap: Growth of top 100 UK firms outpaces German peers

The gap in revenue generation between firms in the UK and Germany has widened drastically in the last five years, illustrating the enduring strength of the UK legal market compared to its European competitors. According to data comparing the domestic revenue of The Lawyer’s top 100 firms with a similar ranking published by German publication […]

RBG quashes sell-off rumours in wake of share price slump

RBG Holdings, which comprises Rosenblatt and Memery Crystal, has dismissed market speculation it is looking to be acquired. The business, which includes the litigation-focused Rosenblatt and the corporate-focused Memery Crystal within its legal services division, RBG Legal Services, listed on the AIM market in 2018. However, it has seen revenue, profits and its share price […]

DLA Piper names new UK chief

DLA Piper has appointed its next UK managing partner to take over from Liam Cowell in December, The Lawyer can reveal. Andrew Dyson – who is the Leeds office managing partner and co-chair of the data, privacy and cybersecurity practice – has been selected for the role. Dyson joined DLA Piper in 2003, having spent […]

Matt Meyers

Kingsley Napley names ex-Taylor Vinters CEO as managing partner

Kingsley Napley has elected the former CEO of Taylor Vinters as its new managing partner from 1 April 2025. Matt Meyer will take over from Linda Woolley, who announced her retirement today (13 November) after 18 years in the position. Kingsley Napley says she will stay with the firm to ensure a smooth transition. The […]

Airplane flying

A&O Shearman and Paul Hastings lead on Macquarie’s £1.5bn airport sale

A&O Shearman and Paul Hastings have scored roles on Macquarie’s sale of AGS airports operating in Aberdeen, Glasgow and Southampton. The asset manager instructed A&O Shearman to lead on the seller side of the transaction. On the other side, Paul Hastings is leading for longstanding client PSP Investments and AviAlliance as the buyers. A&O’s team […]

DLA Piper swipes restructuring partner from Dechert

DLA Piper has added to its London restructuring practice with the hire of a Dechert partner. Adam Plainer makes the move in January, having also held partner roles at Jones Day and Weil Gotshal & Manges. Plainer joins DLA Piper after three years at Dechert. Recruited in 2021 to support Dechert’s global restructuring expansion, Plainer […]

Rising costs

Clifford Chance and Slaughters lead on Swiss exchange group’s purchase

Clifford Chance and Slaughter and May are advising on SIX Group’s acquisition of Aquis Exchange. On the sell side, Slaughters is working with Aquis on the transaction that is expected to complete in Q2 of 2025. SIX, a Swiss stock exchange group, agreed to buy Aquis, a London-headquartered equities trading company, with a cash offer […]

UK
1

The magic circle is being overtaken by 13 UK firms

Thirteen firms have more partners based in the UK than the magic circle, according to a new ranking from The Lawyer that gives a never-before-seen picture of the nation’s 300 largest legal businesses. The new report – The UK Legal Universe – brings together the UK revenues of the traditional UK firms, the US firms in London, […]

School students

Lord Pannick set for UK Government showdown over private school VAT fees

The Independent Schools Council (ISC) has hired Blackstone duo Lord Pannick KC and Paul Luckhurst, instructed by Kingsley Napley, to challenge the UK Government’s decision to levy VAT on independent school fees. The ISC is an umbrella body for seven associations representing independent schools, their heads, bursars and governors. Through its member associations, it represents […]

Solicitors Regulation Authority

Axiom Ince scandal: SRA takes action over “improper transfer of £54m” 

Two Axiom Ince employees have been sanctioned by the Solicitors Regulation Authority (SRA) after one allowed the improper transfer of £54.5m, while the other had altered bank statements.  When Axiom Ince collapsed in October 2023, around £60m in client money was missing and 1,400 people lost their jobs. The Serious Fraud Office (SFO) also conducted nine raids and […]