Revenues down at Allen & Overy

first_imgHalf-year revenues at magic circle firm Allen & Overy fell by 7% as the City giant became the first to announce its financial performance results over the past six months. Revenues fell from £548m to £511m during the six months to 31 October. More than half of the firm’s turnover was generated outside the UK. The firm said that it has benefited from increased demand for high-end litigation, restructuring and regulatory work. For the year ending 30 April 2009, revenues at the firm rose 7% to £1.09bn from £1.02bn in 2007/08. Over the same period, profits fell 4% from £447m to £431m, while profits per equity partner fell 9% from £1.1m to £1m. Managing partner Wim Dejonghe said of the half-year results: ‘As expected, market conditions remain challenging for us and our clients. Despite last year’s drop-off in activity carrying over into the first few months of this year, we have recently seen an increase in our activity levels. This is highlighted by our involvement in some high-profile international instructions, such as the sale of Gatwick Airport, the government of Abu Dhabi’s bank bailouts and each of the first four major UCC foreclosures on landmark properties in the US in 2009. ‘While everyone adjusts to the new size and shape of global markets, demand for high quality legal advice remains. Now we have our capacity right and have improved cost controls, our increased activity levels mean we are cautiously optimistic about what lies ahead. We have made significant strategic investments, such as the recent lateral hires in high yield and litigation, and where we see further opportunities to improve our position we will continue to invest.’last_img read more

Argos Close Perfect GSC Regular Season With Sweep vs. Shorter

first_img Shorter 11/18/2017 – 2:00 PM Full Schedule Roster Preview Live Stats Watch Livecenter_img Next Game: PENSACOLA, Fla. – UWF volleyball (26-6, 16-0 GSC) capped its regular season with a resounding 3-0 victory over Shorter (18-10, 11-5 GSC) in the UWF Field House Saturday afternoon, sweeping the Lady Hawks behind a career-best performance from Katy Kuhlmeier. The senior led the way with a career-high 17 kills and a .593 attack percentage.The win concluded a perfect GSC regular season for the Argos. The 16-0 mark stands as the best conference record in school history. It is the fourth time in head coach Melissa Wolter’s tenure that the team has gone through the conference regular season undefeated. UWF will host the GSC Tournament November 17-19.”I think our team is excited about going into the postseason and excited to be the No. 1 seed. But at the end of the day, now it’s 0-0,” head coach Melissa Wolter said of wrapping the regular season and entering postseason play. “That’s the point we’re going to drive home all week long is that the regular season title is done. Now we’re into postseason. It’s one and done, and we need to make sure we’re taking care of every single opponent and not looking ahead.”The Argos took the first set by a final of 25-22. UWF reeled off a 9-3 run with the score tied at 4-4 to take a 13-7 advantage. Shorter would rally though, reeling off a 10-5 run to cut the lead to 18-17. A key kill by Neblett ended a long rally to give UWF breathing room at 21-19 before Shorter again rallied to force a tie at 22-22. But it was an Argos run that would end the set. UWF slammed the door on the first with a 3-0 rally punctuated by a set-ending block from Neblett and Jordyn Poppen for the win.Kuhlmeier finished with four kills in the set, as did Neblett, who also registered three blocks. Monique StCyr paced the team with 12 assists. Logan Kael posted 11 digs. Each team committed eight errors in the set.UWF opened the second set with a strong performance, racing out to an 8-1 lead to force a Shorter timeout. Nothing could stanch the momentum though, as the Argos ran the lead all the way to 13-1. The Argos would ride the early wave to a convincing 25-9 victory.UWF clinched the match by taking the third set 25-20. Kuhlmeier and Poppen closed the finale with back-to-back kills. The Argos outhit Shorter .314 to .087 for the match. Neblett finished the day with nine kills, four kills and a .375 hitting percentage. Caleigh Morrison notched eight kills and two blocks. Poppen posted eight kills. Kael led the team with 30 digs, and StCyr led the team with 37 assists. The win was the team’s ninth straight, the last six of which have been sweeps.The No. 20 Argos will host the GSC Tournament  in the UWF Field House beginning November 17. UWF will be the top overall seed in the tournament. The draw for the tournament’s opening round is to be determined.#ARGOS# Print Friendly Versionlast_img read more

Knoell earns second straight Salina checkers

first_imgBy Larry Lowrey Jr.SALINA, Kan. (June 13) – It has been a few races since Brian Knoell ripped off two straight wins in the Belleville Motor Sports IMCA Modified ranks at Salina Speedway. After Friday night it appears that Knoell is back up on his “A” game. Joe Caldwell and Randy Wilson brought the field to green but it wasn’t long before a battle that started in an early heat race between Knoell and Corey Lagroon carried over into the feature.Both Knoell and Lagroon worked their way up to the front where Knoell reversed the finish from the heat race and took the top spot in the feature for his third win of the season. It’s the most wins by one driver in the division this year. Mike Petersilie gave the fans a show by finishing third after starting 16th. Danny Morrison Jr. finished fourth and coming in fifth was Van Gemmill. In the M&H Motors IMCA Northern SportMod feature, there was a ton of passing. As a matter of fact, Friday’s feature winner had to come through the “B” to get into the main event. Tyler Frye, one of the strongest SportMod drivers around, was looking to add to his win total for 2014. Frye worked his way to the point after starting the feature 11th. It looked as if he was going to pick off his second win of the season but Daniel Gottschalk was on the move from his 14th place starting spot as was Austin Carter, who started the feature in the 13th spot.Frye held on to the lead until lap 10.Gottschalk and Carter went by as the two worked their way to the front of the pack.Gottschalk stayed in the top spot and finish first for his first local win of the season. In just five features this season the SportMods have produced four different winners.Mike Traskowsky drove his way from 10th starting to feature win number two on the season in the IMCA Sunoco Hobby Stocks.last_img read more

Manchester United edge closer to signing Ilkay Gundogan from Borussia Dortmund

first_img United finished fourth this season and returned to the Champions League, but they aim to be competing for the title, not finishing fourth.  To do that, they will need to strengthen. Gundogan could be the first arrival of a busy summer. His announcement sparked a scramble for his signature, with English and Spanish clubs linked with moves.  The German midfielder had been linked with Barcelona in recent weeks. Upd. at 13:59 CEST 25/05/2015 Sport EN Various British newspapers are now saying a deal has been struck to move to Louis van Gaal’s United, with Dortmund agreeing to the transfer after signing Gonzalo Castro last week.  In England, reports suggest Manchester United have reached an agreemenet to sign Borussia Dortmund midfielder Ilkay Gundogan. Gundogan announced earlier this season that he would not renew his contract with Dortmund, meaning he either leaves on a free transfer next summer or for a fee during the next few months. last_img read more

It’s sink or swim

first_imgBy DAVID NAGEL NEPEAN LEAGUE ONLY two games were played in the Nepean Football League over the Queen’s Birthday weekend…[To read the rest of this story Subscribe or Login to the Gazette Access Pass] Thanks for reading the Pakenham Berwick Gazette. Subscribe or Login to read the rest of this content with the Gazette Digital Access Pass subscription.last_img

Pawned off stolen DVDs

first_imgBy CAM LUCADOU-WELLS A MOTHER has pleaded guilty to pawning off more than $3000 worth of stolen DVDs to a…[To read the rest of this story Subscribe or Login to the Gazette Access Pass] Thanks for reading the Pakenham Berwick Gazette. Subscribe or Login to read the rest of this content with the Gazette Digital Access Pass subscription.last_img