Top-20 UK firm Simmons & Simmons has seen revenue rise 8% for the first six months of the 2014-15 financial year with income, buoyed by the recovery in bank lending for M&A and financial regulatory work, increasing from £130m to £140m.
Charles Plant, outgoing Chair of the SRA who has led the SRA through one of the more interesting phases in its relatively young life, had some interesting thoughts in a recent valedictory speech (at legal futures). In particular, flat-earther comments aside, he is reported as having offered this:
With notice of the deal published on Bingham McCutchen's website directing towards Morgan Lewis & Brockius's home page, the pair have completed a 'transaction' which sees 226 partners and more than 525 other lawyers, legal professionals and staff move over from Boston-bred Bingham.
It has been another big week of high-profile hires and leavers, with Travers Smith and DWF expanding in the City, Herbert Smith Freehills (HSF) bolstering its Sydney practice with a top competition partner from Ashurst and Neil Withington resigning from his role as group legal director and general counsel of British American Tobacco (BAT).