‘Pleased to have continued our upward trajectory’: Shoosmiths continues revenue and profit growth Alex Ryan Legal Business Law Firm of the Year Shoosmiths has today (19 July) reported another year of growth, with a 7%…
‘We’re very pleased with the results’: double-digit revenue growth for Simmons as PEP holds steady Alex Ryan Simmons & Simmons has today (13 July) reported revenue growth of 12%, up to £521m from last year’s £465m, double…
A&O managing partner Price departs pre-merger as revenue passes £2bn Alex Ryan Allen & Overy today (13 July) announced the shock resignation of managing partner Gareth Price amid a set of financial…
‘Challenges and opportunities are interlinked’: revenue growth cools slightly at Ashurst as profits stall Alex Ryan Ashurst has marked its seventh consecutive year of revenue growth, with a 10% increase in turnover for 2022/23 from £798m…
Revolving doors: More departures from Shearman as firms focus on financial services and infrastructure hires Alex Ryan Shearman & Sterling has lost another two partners in London, as infrastructure and projects partners Ben Shorten and Trinh Chubbock…
Financials 2022/23: HFW posts best-ever results Alex Ryan HFW has posted its best-ever financial results for the financial year 2022/23. After a slight dip of 1% to £198.7m…
Getting its mojo back: How A&O Shearman could redefine the Magic Circle Alex Ryan The proposed merger of A&O and Shearman & Sterling has got the market talking about the biggest news in the…
‘Carveouts are here to stay’: green energy deals dominate as major players see signs of a bounceback Alex Ryan Early 2023 has been a tough time for deals. In our 2023 Deals Yearbook, for instance, citing Dealogic, we noted…
The ESG Report: Litigation – Perpetual motion Alex Ryan ESG litigation is now a buzzword in disputes. Legal Business turned to litigators and funders to examine the market –…
‘Carveouts are here to stay’: green energy deals dominate as major players see signs of a bounceback Alex Ryan Early 2023 has been a rough time for deals. In our 2023 Deals Yearbook, for instance, citing Dealogic, we noted…
ClientEarth granted oral hearing to proceed with derivatives claim against Shell Alex Ryan ClientEarth has been granted an oral hearing to seek permission to proceed with its derivative action claim against Shell, the…
Revolving Doors: Africa and Middle East focus for international firms as energy dominates agenda again Alex Ryan The energy sector was the focus again for a number of London firms amid a busy round of hires last week,…
Pallas Partners files suits against Swiss regulator over Credit Suisse bond write-down Alex Ryan Pallas Partners is coordinating proceedings in the Swiss courts on behalf of around 800 Credit Suisse AT1 bondholders who held…
Particularly egregious? Market reacts over Credit Suisse buyout as bondholder litigation looms large Alex Ryan As the fall of Credit Suisse mobilises swathes of advisers, Legal Business asks whether the collapse will yield an influx…
PE lessons: Shearman’s losses and Cravath’s gains show the value of City buyout teams – and the dangers of misfiring Alex Ryan While it may be an oversimplification to say that there has been a certain inevitability to Shearman & Sterling’s decline…
‘We’re in a really exciting moment for the London market’: Freshfields appoints Mark Sansom as new London managing partner Alex Ryan Mark Sansom will take over from Claire Wills as London managing partner at Freshfields, the firm has announced. The move…
Ukraine war and currency take toll as PEP drops 20% at White & Case Alex Ryan White & Case was another firm to post muted financials for the last year, as a bullish 2021 gave way…
Revolving doors: Another departure from Shearman as firms make moves in finance and real estate Alex Ryan Debt finance specialist Rahul Chatterji became the latest partner to leave Shearman & Sterling this week, with Linklaters announcing that…
Feeling the chill? Kirkland reports just 8% revenue increase for 2022 Alex Ryan Often the bellwether for global law firm financials, the world’s highest-grossing firm, Kirkland & Ellis, has posted muted revenue and…
‘A lot of grey areas’: India legal market liberalisation met with optimism though questions remain Alex Ryan While the international legal community has largely been sanguine at the Bar Council of India (BCI) opening the door for…
