While its London transactional credentials are undeniable, it is fair to say that Latham & Watkins has not to date boasted a similarly heavy-duty reputation on the contentious front. However, the firm is doubling down on its efforts to shift this perception, with a series of recent eye-catching hires pointing to a renewed push in the capital, …
Adam Ibrahim, UK co-head of litigation and arbitration at DLA Piper, was last month named Private Practice Lawyer of the Year at the Legal Business Awards, following a standout year in which he led a large DLA team to victory in a complex mass claimant action over break fees on loans to small businesses, dubbed “the …
Norton Rose Fulbright (NRF) has today (24 September) formalised its leadership structure, with interim global managing partners Jeff Cody and Peter Scott to head a global management committee to coordinate regional leadership.
In the offshore world as elsewhere, tough economic conditions made 2022-23 a rough year. ‘With uncertainty in the global markets, high inflation, and high interest rates, there was a lack of certainty in some corporate areas where companies didn’t necessarily want to deploy their capital,’ says Bedell Cristin group managing partner Tim Pearce. Appleby group …
Continue reading “On sure footing – offshore leaders see reasons for optimism”
Burges Salmon has reported record financial results, with a 27% increase in revenue to £163m, up from last year’s £128.2m. Profit per equity partner (PEP) surged by 42%, rising from £466,000 to £661,000, marking a significant turnaround from last year’s nearly 10% dip. Meanwhile, net profit climbed 46%, from £34.6m to £50.5m. ‘These results demonstrate …
Continue reading “Burges Salmon hails record financial results as revenue and profits soar”
‘The challenge with law, especially in big firms, is that it can be all-consuming, taking everything you have. As an individual, you must maintain some level of control and ensure there’s enough left for yourself.’ As Herbert Smith Freehills global energy co-head Lewis McDonald sums up, being a successful lawyer is a demanding business. But …
CMS has reported a 5% uptick in global revenue from last year’s €1.862bn to €1.957bn in its most recent set of financial results, with PEP down 4% on last year’s estimated £771,000 to £741,559. Despite continued financial growth, this year marks a further deceleration after revenue growth slowed from 18% in 2021-22 to 6% last year.
DAC Beachcroft has announced today (14 August) its tenth consecutive year of revenue growth, with a total turnover of £326.5m, reflecting a 9% increase from last year’s £300m.
The FCA has rolled out its listing rules reforms in a move that aims to reinvigorate the UK’s ailing capital markets. But will the changes be enough to make up for more than a decade of sluggish performance?
Pinsent Masons has reported a 7.2% increase in turnover to almost £650m, marking another successful year of revenue growth for the international firm. Revenue hit £649.6m, up from £605.9m last year, although growth was slower than last year, when the firm posted a 14% hike. Meanwhile, profit per equity partner (PEP) dipped very slightly to …
Continue reading “Pinsents and TLT post revenue growth as results season continues”
