Cyber-attack hacks at DLA profit as strong UK performance lifts revenue 5%

DLA Piper

Growth in DLA Piper’s UK business has pushed the firm’s international LLP top line to £919m, but 2017’s cyber-attack has weighed on profit.

The firm’s international (non-US) revenue for the year to 30 April 2018 grew £42.2m, or 5%, of which £29m related to the UK business. Stripping out the impact of foreign exchange, however, which the previous financial year added an enormous £75.5m to revenue, fee income was up £33.1m, or about 4%. Continue reading “Cyber-attack hacks at DLA profit as strong UK performance lifts revenue 5%”

Double whammy for Ashurst as London head quits for BCLP and Macfarlanes hires former corporate head

Simon Beddow

Ashurst London managing partner Simon Beddow and former corporate head Robert Ogilvy Watson have quit the firm to join Bryan Cave Leighton Paisner (BCLP) and Macfarlanes respectively.

A partner at the firm for 21 years, Beddow had led the firm’s City base since 2016 and was previously the firm’s corporate co-head. He will become BCLP’s deputy head of corporate. Continue reading “Double whammy for Ashurst as London head quits for BCLP and Macfarlanes hires former corporate head”