Legal firms bullish as net profits surge again

first_imgFee income is up, profits are up, and lockup and borrowings are stable.That is the overwhelmingly positive message of a respected annual bellwether of small and medium-sized law firm performance, published today.Figures from the Law Society Law Management Section’s 2018 Financial Benchmarking Survey show that total fee income has risen for the eighth year running, with a median rise of 5.3%. All regions reported growth across all sizes of practice. Most worktypes saw a rise, with the predictable exception of personal injury.Median fee income per equity partner rose once again, by 8.6% to £684,000. This was mainly attributable to a rise in fees per fee-earner, as the ratio of fee-earners to partners was little changed at 5.5 to 1.Median profit per equity partner climbed 6.9% (against 8.4% last time) to £162,161, with firms reporting tight control of IT, indemnity insurance and accommodation overheads. Retention and recruitment pressures helped push up the median cost of a fee-earner by 2.2% to £48,787.Cashflow continues to improve for many practices, aided by lockup which is down by a median five days. Many practices made efforts to retain more cash in the practice, which the report speculates could be in preparation for Brexit-related turbulence and further reform of the sector.Paul McCluskey, head of professional practices at survey sponsor Lloyds Bank Commercial Banking, welcomed evidence that firms are getting a grip on costs. But he sounded a warning on the number of practices where partner  drawings exceeded profit, with 15% reporting that this had happened for two consecutive years (up from 9% last time).‘I encourage managing partners to take a hard stance against this culture,’ said McCluskey, pointing out that it weakens firms.The survey report, written by Hazlewoods Accountants, is free to download.last_img read more

Midway: watch a clip from Joe Rochefort: Breaking the Japanese Code featurette

first_imgDirector Roland Emmerich’s (Independence Day, The Day After Tomorrow) WWII epic Midway is released on Digital Download today and on on 4K Ultra HD, Blu-ray and DVD on Monday 9th March.We’ve got a clip from one of the extra features that appears on the Blu-ray release. Joe Rochefort: Breaking the Japanese Code is a featurette that looks at the American naval officer and cryptanalyst, who is played by Brennan Brown in the film.Watch the clip below:Midway: Joe Rochefort Breaking The Japanese Code (clip) 00:00/02:10 LIVE00:00undefinedNext Video×Next VideoCancelAutoplay is paused Midway centres on the Battle of Midway, a clash between the American fleet and the Imperial Japanese Navy, which marked a pivotal turning point in the Pacific Theatre during WWII. The film, based on the real-life events of this heroic feat, tells the story of the leaders and sailors who used their instincts, fortitude and bravery to overcome the odds.The film features a standout cast including Ed Skrein (Deadpool, If Beale Street Could Talk), Patrick Wilson (Aquaman, Annabelle Comes Home), Woody Harrelson (Natural Born Killers, Zombieland), Luke Evans (Beauty and the Beast, Dracula Untold), Mandy Moore (47 Meters Down, This Is Us), Aaron Eckhart (The Dark Knight, London Has Fallen), Nick Jonas (Jumanji: Welcome to the Jungle, Jumanji: The Next Level) and Dennis Quaid (The Day After Tomorrow, The Intruder).Midway is available to buy on digital download now and will be released on 4K Ultra HD, Blu-Ray and DVD on 9th March. Joe Rochefort: Breaking the Japanese Code can be found on the Blu-ray special features.last_img read more

Dozens of area athletes perform well at regionals, qualify for track and field state finals

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We will try not to show you such ads again. LocalSportsJournal.comA total of 29 individual area athletes, as well as four relay teams, won championships at regional track and field meets at various locations on Friday and Saturday.Many other local athletes also did very well in their regional events, and joined the local champions in qualifying for the Michigan High School Athletic Association Track and Field state finals.In Division 1, Dominic Weatherwax (800 meters, Grand Haven), Mason Mahacek (high jump, Grand Haven), Gabby Hentemann (800 meters, Grand Haven), Elizabeth Knoll (high jump, Mona Shores) and Sarah Knoll (shot put, Grand Haven) all took home individual titles at the regional meet in Grand Haven.In Division 2, individuals who won regional championships were Shemar Jennings (100 meters, Ludington), Nathan Walker (3200 meters, Fremont), Ethan Flores (110m hurdles, Fruitport), Dakota Mitchell (high jump, Fruitport), Emma Fountain (400 meters, Ludington), Hannah Hamilton (3200 meter, Fremont), Jessica Judge (300m hurdles, Spring Lake) and Kylie Rudolph (long jump, Fruitport).Fruitport’s 4×400 relay team of Ethan Flores, Brendan Deneen, Cameron Weaver and Dakota Mitchell also took home a regional title.Regional champions in Division 3 were Josh Cox (400 meters, Ravenna), Calvin Schullo (pole vault, Ravenna), Giovanni Weeks (long jump, Kent City), Lauren Freeland (800 meters and 1600 meters, Kent City), Abby VanderKooi (3200 meters, Western Michigan Christian), Analiese Postema (100m hurdles, Ravenna), Taryn Preston (300m hurdles, Kent City) and Ally Hall (high jump, Montague).Kent City’s 4×100 relay team of Dolan Bair, Jayden Williams, Giovanni Weeks and Will Wright, and Montague’s 4×100 relay team of Brooke Stark, Claire Meacham, Morgan Osborne and Natalie Ericson were also regional champions.In Division 4, Austin Hofmann (100 meters, Pentwater), Aaron Herron (200 meters and 110m hurdles, Holton), Max Stoneman (400 meters, Pentwater), Khole Hofmann (300m hurdles, Pentwater) and Julia Hall (200 meters and long jump, Pentwater) all took home individual titles.Austin Hawkins, James Hunter, Aaron Herron and Elis Lamparth of Holton took home a 4×100 relay regional title.The MHSAA track and field state finals will take place at various locations throughout the state on June 1. The Division 1 meet will be held at East Kentwood High School, Division 2 at Zeeland High School, Division 3 at Jenison High School and Division 4 at Hudsonville’s Baldwin Middle School.The following is a list of area athletes who qualified for the state track and field finals:BOYSDivision 1100 Meters: Tommy Watts (Muskegon)200 Meters: Jakobie Harris (Muskegon)800 Meters: Dominic Weatherwax (Grand Haven)3200 Meters: Evan Hodson (Reeths-Puffer)4×100 Relay: Tommy Watts, Demario Robinson Jr, Hyrosha Wilson, Jacarri Thomas-Kithcen (Muskegon), Monyae Franklin, Rylee Bonjernoor, Drey Riley, Daven Fox (Reeths-Puffer)4×200 Relay: Hyrosha Wilson, Kolbe Lewis, Bryan Stinson, Jakobie Harris (Muskegon)4×800 Relay: Evan Hodson, Brady Wheeler, Zach Ostoin, Klay Grant (Reeths-Puffer)Discus: Colt Stout (Mona Shores)High Jump: Ben Wyatt (Reeths-Puffer), Mason Mahacek (Grand Haven)Pole Vault: Mason Mahacek (Grand Haven), Eli Nelson (Grand Haven)Long Jump: Drew Dahlman (Grand Haven)Division 2100 Meters: Shemar Jennings (Ludington)200 Meters: Shemar Jennings (Ludington)400 Meters: Dakota Mitchell (Fruitport)800 Meters: Brendan Deneen (Fruitport), Ben Hylen (Spring Lake)1600 Meters: Colten Covington (Grant), Andrew Hylen (Spring Lake), Ben Hylen (Spring Lake)3200 Meters: Nathan Walker (Fremont), Andrew Hylen (Spring Lake), Sam Baustert (Whitehall)4×200 Relay: Dakota Mitchell, Cameron Weaver, Ethan Flores, Zach Pary (Fruitport)4×400 Relay: Ethan Flores, Cameron Weaver, Brendan Deneen, Dakota Mitchell (Fruitport)4×800 Relay: Jon Wildey, Cameron Weaver, Jaxon Deneen, Brendan Deneen (Fruitport)110m Hurdles: Ethan Flores (Fruitport)300m Hurdles: Ethan Flores (Fruitport)High Jump: Dakota Mitchell (Fruitport)Pole Vault: Miles Fritts (Ludington)Long Jump: Shemar Jennings (Ludington)Division 3100 Meters: Giovanni Weeks (Kent City)200 Meters: Giovanni Weeks (Kent City)400 Meters: Brandon Sytsma (Western Michigan Christian), Josh Cox (Ravenna)800 Meters: Marcellus Rouse (North Muskegon)1600 Meters: Andrew Whitney (Hart)3200 Meters: Cole Jensen (Montague)110m Hurdles: Chad Erickson (Ravenna)300m Hurdles: Chad Erickson (Ravenna)4×100 Relay: Dolan Bair, Jayden Williams, Giovanni Weeks, Will Wright (Kent City), Colin Schotts, De’Shary Warren, Nick Rossiter, Alex Wolski (North Muskegon)4×200 Relay: Dolan Bair, Jayden Williams, Mateus Mello, Will Wright (Kent City), Prince Budu, Isaac Parker, Brandon Sytsma, Solomon Waller (Western Michigan Christian)4×800 Relay: Nick Flegel, Ryan Wheeler, Alex Russo, Evan Jones (Kent City)Long Jump: Giovanni Weeks (Kent City)Shot Put: Evan Eilers (Montague)High Jump: Colin Schotts (North Muskegon)Pole Vault: Calvin Schullo (Ravenna), John Wade (Shelby)Division 4100 Meters: Austin Hofmann (Pentwater)200 Meters: Aaron Herron (Holton), Austin Hofmann (Pentwater)400 Meters: Max Stoneman (Pentwater)4×100 Relay: Austin Hawkins, James Hunter, Aaron Herron, Elia Lamparth (Holton)4×200 Relay: Austin Hofmann, Jordan Bales, Khole Hofmann, Max Stoneman (Pentwater)110m Hurdles: Aaron Herron (Holton), James Hunter (Holton), Khole Hofmann (Pentwater)300m Hurdles: Khole Hofmann (Pentwater)Shot Put: Derek Pouch (Holton)High Jump: James Hunter (Holton)Long Jump: Aaron Herron (Holton)GIRLSDivision 1100 Meters: Anabeth Hylland (Mona Shores)800 Meters: Gabby Hentemann (Grand Haven)1600 Meters: Gabby Hentemann (Grand Haven)300m Hurdles: Cam Constant (Grand Haven)4×400 Relay: Abby Buitenhuis, Cam Constant, Avery Keefe, Gabby Gentemann (Grand Haven)4×800 Relay: Kirbey Colella, Marlie Fraser, Meadow White, Giovana Marecek (Grand Haven)Shot Put: Kariya White (Mona Shores), Sarah Knoll (Grand Haven)Discus: Sarah Knoll (Grand Haven)High Jump: Elizabeth Knoll (Mona Shores), Bridget McHugh (Reeths-Puffer), Ella Beringer (Grand Haven)Division 2200 Meters: Emma Fountain (Ludington)400 Meters: Emma Fountain (Ludington)800 Meters: Kendra Fowler (Fremont), Gwendelyn Shamel (Ludington), Julia Bajt (Spring Lake)3200 Meters: Hannah Hamilton (Fremont)4×200 Relay: Kylie Rudolph, Taylor Burke, Analiza Sanchez, Areona Robinson (Fruitport), Avery Hoekstra, Lizzy Koratich, Sophia Tilton, Julia Bejt (Spring Lake)4×400 Relay: Kylie Rudolph, Taylor Burke, Areona Robinson, Analiza Sanchez (Fruitport), Avery Hoekstra, Lizzy Koratich, Isabella Padula, Julia Bajt (Spring Lake)4×800 Relay: Emma Fountain, Randi Stone, Ruby Strahan, Gwendelyn Shamel (Ludington)100m Hurdles: Kennedy Christoffersen (Fremont)300m hurdles: Jessica Judge (Spring Lake)High Jump: Jordyn Carlyle (Fruitport), Katie Ferris (Whitehall)Long Jump: Kylie Rudolph (FruitportPole Vault: Ellie Schoon (Ludington), Alex Kovar (Ludington)Division 3100 Meters: Maddie Meacham (Montague)200 Meters: Andee Kimes (Mason County Central)400 Meters: Andee Kimes (Mason County Central)800 Meters: Lauren Freeland (Kent City), Audrianna Enns (Hart), Brenna Aerts (Hart)1600 Meters: Lauren Freeland (Kent City), Layla Martini (Kent City), Adelyn Ackley (Hart), Audrianna Enns (Hart)3200 Meters: Layla Martini (Kent City), Abby VanderKooi (Western Michigan Christian), Bella Lindsay (North Muskegon), Gabriella Wingard (North Muskegon), Adelyn Ackley (Hart), Savannah Ackley (Hart), Lynae Ackley (Hart)100m Hurdles: Analiese Postema (Ravenna), Nyah Tyron (Mason County Central)300m Hurdles: Taryn Preston (Kent City), Nyah Tyron (Mason County Central)4×100 Relay: Jasmine Weeks, Kylie Brown, Carley Denhof, Joan Carr (Kent City), Brooke Stark, Claire Meacham, Morgan Osborne, Natalie Ericson (Montague)4×200 Relay: Brooke Stark, Maddie Meacham, Morgan Osborne, Natalie Ericson (Montague)4×400 Relay: Taryn Preston, Emily Lantzer, Kylie Brown, Lauren Freeland (Kent City), Rachel Allen, Rachel Miller, Nyah Tyron, Andee Kimes (Mason County Central)4×800 Relay: Audrianna Enns, Lauren VanderLaan, Brenna Aerts, Adelyn Ackley (Hart)Long Jump: Lauren Freeland (Kent City)Shot Put: Tianna Smith (Montague)Discus: Tianna Smith (Montague)High Jump: Ally Hall (Montague), Kendall Williamson (Hart)Pole Vault: Jael Wood (Mason County Central), Andee Kimes (Mason County Central)Division 4100 Meters: Julia Hall (Pentwater)200 Meters: Julia Hall (Pentwater)300m Hurdles: Jocelyn Richison (Pentwater)Long Jump: Julia Hall (Pentwater) ENDS IN $0.00 Bestseller Report a problem This item is… Not relevant Other Bestseller Nuun Sport: Electrolyte Drink Tablets, Citru… Add Comments (Max 320 characters) Add Comments (Max 320 characters) Displayed poorly Displayed poorly Add Comments (Max 320 characters) × ENDS IN Inappropriate / Offensive Inappropriate / Offensive × Other Ads by Amazon ENDS IN Displayed poorly $0.00 Twelve $9.99 Other Thank you! This will help us improve your ad experience. We will try not to show you such ads again. Inappropriate / Offensive ENDS IN Ads by Amazonlast_img read more