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Macfarlanes

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Macfarlanes LLP
File:Macfarlanes logo black.jpg
HeadquartersLondon, United Kingdom
No. of officesOne
No. of lawyersApproximately 305[1]
No. of employeesApproximately 505[1]
Major practice areasGeneral practice
Key peopleJulian Howard[2]
(Managing Partner)
Charles Martin[2]
(Senior Partner)
RevenueIncrease£114.2 million (2012/13)[3]
Profit per equity partner£989,000 (2012/13)[3]
Date founded1875 (London)
Company typeLimited liability partnership
Websitewww.macfarlanes.com

Macfarlanes LLP is a corporate law firm headquartered in London, United Kingdom. It advises national and multinational companies, business leaders and high-net-worth individuals in the UK and internationally across the full range of corporate and commercial matters as well as on their private affairs.

In 2012/13 it achieved total revenues of £114.2 million and profits per equity partner of £989,000.[3] It is regarded as forming part of the "Silver Circle" of leading UK law firms.[4][5][6][7]

History

Macfarlanes was founded in the City of London in 1875 by George Watson Neish.[2] In 1894 Neish was joined in partnership by John Embleton Macfarlane and the firm moved to premises in Watling Street.[2] The firm's offices suffered bomb damage during the Second World War. In 1958 the firm moved to a new office, Dowgate Hill House. In 1962 the firm adopted its current name Macfarlanes, named after then-senior partner Craig Macfarlane.[2] The firm has grown organically over the years to its current size and has never merged.[2]

Vanni Treves was the firm's senior partner from 1987 to 1999.[7][8] Macfarlanes converted to a limited liability partnership in May 2008.[9]

In 2009 Macfarlanes represented Trafigura on the controversial dumping of toxic waste.[10]

In September 2010 Macfarlanes advised Four Seasons Health Care, the largest UK-based care home group, on the restructuring of its £1.6 billion debt facilities.[11] In October 2010 the firm announced that it would be introducing a new senior solicitor level from early 2011.[12] In July 2012 Macfarlanes advised Stanhope, backed by Mitsui Fudosan UK and the Alberta Investment Management Corporation, on its purchase of the BBC Television Centre.[13]

In January 2012 Macfarlanes was joined by a nine-strong team from the boutique specialist hedge fund law firm, D Harris & Co International Limited, to complement the firm’s existing hedge funds practice.[14]

In September 2013 it was announced that Macfarlanes is advising Verizon Communications on its acquisition of Vodafone's 45 per cent interest in Verizon Wireless for $130 billion,[15] one of biggest deals in corporate history.[16]

Main practice areas

Macfarlanes' main practice areas include:[17]

  • banking and finance;
  • commercial;
  • competition;
  • corporate;
  • corporate and regulatory investigations;
  • employment;
  • financial services regulation;
  • hedge funds;
  • investment funds;
  • intellectual property;
  • litigation and dispute resolution;
  • pensions;
  • private client;
  • real estate;
  • restructuring and insolvency; and
  • tax.

References

  1. ^ a b "Macfarlanes". The Lawyer. Retrieved 25 October 2010.
  2. ^ a b c d e f "Key Facts". Macfarlanes. Retrieved 26 October 2010.
  3. ^ a b c "Macfarlanes confounds market doom with double digit rises in turnover and net profit". The Lawyer. 4 July 2013. Retrieved 4 July 2013.
  4. ^ "Silver Circle". The Lawyer. 3 September 2007. Retrieved 25 October 2010.
  5. ^ "'Silver circle' firms upset the legal order". The Times. 28 August 2005. Retrieved 25 October 2010.
  6. ^ "Focus: Macfarlanes: Mac to the future". The Lawyer. 1 November 2010. Retrieved 3 November 2010.
  7. ^ a b "Macfarlanes". Legal Week. 14 December 2009. Retrieved 26 October 2010.
  8. ^ "Corporate charmer coaxing cash for children's charity". The Guardian. 9 May 2008. Retrieved 26 October 2010.
  9. ^ "New chief spearheads Macfarlanes' LLP switch". The Lawyer. 6 May 2008. Retrieved 10 October 2012.
  10. ^ http://www.legalweek.com/legal-week/news/1556155/macfarlanes-cleared-trafigura-class-action-reaches-gbp30m-settlement
  11. ^ "Macfarlanes instructed on Four Seasons Debt Restructure". The Lawyer. 20 September 2010. Retrieved 23 August 2011.
  12. ^ "Macfarlanes introduces senior associate tier". The Lawyer. 25 October 2010. Retrieved 26 October 2010.
  13. ^ "Macfarlanes, Hogan Lovells switched on for £200m BBC TV Centre sale". Legal Week. 18 July 2012. Retrieved 14 January 2012.
  14. ^ "Macfarlanes bolts on boutique in funds boost". The Lawyer. 16 January 2012. Retrieved 15 October 2012.
  15. ^ Beioley, Kate. "Macfarlanes and Slaughters lead as Verizon buys Vodafone stake". The Lawyer. Retrieved 9 September 2013.
  16. ^ Peston, Robert. "BBC News - Vodafone sells Verizon stake for $130bn". BBC.co.uk. Retrieved 9 September 2013.
  17. ^ "Practice areas". Macfarlanes LLP. Retrieved 6 April 2011.

External links