Dealwatch: Big-ticket life sciences activity picks up again as overseas investors buy into the UK Alex Ryan The broader life sciences sector saw a spate of deal activity in recent weeks, with two acquisitions over the billion-dollar…
‘The investment opportunity of a lifetime’: could a booming infrastructure sector offer firms a route into high-value transactional work? Alex Ryan According to Dealogic, 2023 saw the lowest Q1 global deal volume and value since 2012, with just 9,400 deals worth…
The Client Profile: Sebastian Goldsmith, Medigold Health Alex Ryan ‘I came into law by accident,’ admits Sebastian Goldsmith, general counsel (GC) of occupational health service provider Medigold Health. ‘I…
Magic Circle in the US: Running to stand still Alex Ryan ‘There are more than 40 US law firms that are more profitable than the Magic Circle. The Magic Circle firms…
Revolving doors: Shake-ups at Kirkland and Paul Weiss, as Fieldfisher picks up competition team hire Alex Ryan Kirkland & Ellis was at the centre of not one but two of the biggest stories in the London lateral…
Revenue and PEP plummet at Stewarts as ‘non-linear growth’ continues Alex Ryan Litigation specialist firm Stewarts today posted financial results that saw revenue fall by 25% to £85.1m. Net profit and PEP…
‘Good growth in a challenging market’: Bird & Bird notches 31st consecutive year of growth as turnover hits £495m Alex Ryan Bird & Bird today (3 August) posted a strong set of financial results showing growth in revenue, profit, and PEP.…
Financials 2022/23: Revenue up 9% at Charles Russell Speechlys as firm targets overseas growth Alex Ryan Charles Russell Speechlys today (2 August) posted financial results that saw revenue tick up by 9% to hit £193.7m, while…
‘Testament to the enduring strength of our strategy’: Clyde & Co reports increase in revenue and profit as BLM merger beds in Alex Ryan Clyde & Co today (1 August) reported a 22% increase in revenue to £786.6m – a combination of 6% organic…
A&O names Garousha interim managing partner ahead of Shearman merger vote Alex Ryan The board of Allen & Overy has chosen Abu Dhabi capital markets partner Khalid Garousha (pictured) as interim global managing…
‘Outcome still satisfactory’: revenue, profit and PEP drop at Macfarlanes as Mishcon continues growth Alex Ryan Macfarlanes has today (24 July) posted results that show declines in turnover, profit, and PEP for the past financial year.…
Mixed bag for Clifford Chance as it joins the £2bn revenue club but profits and PEP stall Alex Ryan Clifford Chance (CC) today (19 July) became the second Magic Circle firm to post revenues in excess of £2bn after…
‘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…
