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Ben Wheway
Ben joined Legal Week from the Press Association in 2005 and has since held a number of roles including news editor, online managing editor, production editor and bassist in Legal Week's in-house covers band The Scoops.
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July 2, 2013
DLA Piper leads as Sullivan becomes largest single West Ham shareholder
DLA Piper is among a number of law firms to have advised on a deal which has seen West Ham United co-owner David Sullivan become the largest single shareholder in the Premier League football club. Sullivan, a longstanding client of DLA, took over West Ham in 2010 alongside fellow businessman David Gold, when the duo purchased a 50% stake in the club from asset management company CB Holding, valuing it at £105m. Sullivan has now acquired a further 25% of shares in West Ham as part of a £25.5m restructuring of the club's senior debt.
By Ben Wheway
1 minute read
July 2, 2013
DLA Piper leads as Sullivan becomes largest single West Ham shareholder
DLA Piper is among a number of law firms to have advised on a deal which has seen West Ham United co-owner David Sullivan become the largest single shareholder in the Premier League football club. Sullivan, a longstanding client of DLA, took over West Ham in 2010 alongside fellow businessman David Gold, when the duo purchased a 50% stake in the club from asset management company CB Holding, valuing it at £105m. Sullivan has now acquired a further 25% of shares in West Ham as part of a £25.5m restructuring of the club's senior debt.
By Ben Wheway
1 minute read
June 6, 2013
DWF posts 84% revenue growth as PEP rises 4% after merger spree
DWF has announced revenue growth of 84% for the 2012-13 financial year following a rapid run of merger deals that is set to propel the firm into the UK top 20 rankings. The acquisitive northwest firm, which has undergone five mergers in little more than a year, including the pre-pack acquisition of collapsed firm Cobbetts, has also reported a 41% increase in net profit.
By Ben Wheway
1 minute read
June 6, 2013
DWF posts 84% revenue growth as PEP rises 4% after merger spree
DWF has announced revenue growth of 84% for the 2012-13 financial year following a rapid run of merger deals that is set to propel the firm into the UK top 20 rankings. The acquisitive northwest firm, which has undergone five mergers in little more than a year, including the pre-pack acquisition of collapsed firm Cobbetts, has also reported a 41% increase in net profit.
By Ben Wheway
1 minute read
April 3, 2013
Growth is dead, part 7: pricing and the emergence of low-cost competitors
At the end of the last instalment in this series, I asked aloud whether we as lawyers are intellectually and emotionally capable of adapting to the new market landscape, suggested that adapting would require experimentation and - yes - failure, and noted that countries and industries that did not reflexively punish failure enjoyed stronger long-term growth. Let's talk about that some more.
By Ben Wheway
1 minute read
December 6, 2012
Growth is dead, part 5: what law firms can learn from Procter & Gamble
Now well on our way into the Growth is Dead series, it's only fair to offer up what we hope are some constructive ideas on how to deal with this phenomenon going forward. But first, a quick recap of some of the things we've touched upon: • From more or less 1980 until approximately 15 September 2008, the industry of BigLaw enjoyed an unprecedented run of growth in revenue, profitability, and headcount, with compound annual growth rates in the middle to high single digits for virtually that entire period, with only the occasional hiccup.
By Ben Wheway
1 minute read
November 13, 2012
Handling risk in the global corporate market - Legal Week Benchmarker in association with Deloitte
Risk is now an important issue for every company, but who deals with it? The Deloitte benchmarker survey analyses current corporate systems. Caroline Hill delves into the detail...
By Ben Wheway
1 minute read
November 5, 2012
What does the board want from its legal advisers?
As a result of my experience leading a company for a period earlier this year, I've been asked on several occasions to speak to groups of lawyers about the role of a company's in-house legal department when viewed from the CEO's chair. The exact questions that people suggest I attempt to answer vary and are phrased with more elegance but, in ordinary language, they boil down to this: (1) What is legal's job? (2) How is legal doing? (3) Does anyone care?
By Ben Wheway
1 minute read
November 1, 2012
Why we allow dissent – by our judges
Why do judges disagree and publish their disagreements when cases get decided? After all, the Cabinet does not do so (openly at least), and our FTSE 100 companies do not generally do so, when their executives propose a merger or launch a new product. Surely, judicial dissent is a recipe for diminishing the authority of the majority answer, and an invitation to self-indulgence on the part of the minority to re-fight lost and irrelevant battles.
By Ben Wheway
1 minute read
October 31, 2012
Latham and Skadden use the force on Disney's $4bn Lucasfilm purchase
Latham & Watkins and Skadden Arps Slate Meagher & Flom have taken starring roles on The Walt Disney Company's $4.05bn (£2.5bn) acquisition of Lucasfilm, one of the most high-profile M&A deals of the year. Lucasfilm, which is 100% owned by chairman and founder George Lucas, is the production company behind the Star Wars and Indiana Jones film franchises. The stock and cash deal will see Disney pay approximately half in cash and issue around 40 million shares.
By Ben Wheway
1 minute read
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