‘A springboard for greater success’: Johnston elected as next Addleshaw managing partner

‘A springboard for greater success’: Johnston elected as next Addleshaw managing partner

Addleshaw Goddard has announced that Andrew Johnston has been successful in securing the position of the firm’s managing partner through an uncontested election, serving a four-year term to start on 1 May 2024. Having joined the firm in 2013 to oversee the firm’s M&A practice in the Middle East, Johnston (pictured) previously worked at Clifford …

Warning signs? Baker McKenzie records stagnant financials in year-end results

Warning signs? Baker McKenzie records stagnant financials in year-end results

In what is perhaps an early bellwether of 2023 financial performance for the market at large, or a hangover from the second half of 2022, Baker McKenzie has released its financial results following its year end on 30 June, reporting a revenue of $3.3bn, the same as 2021/22, when turnover increased by 6%. The firm’s …

‘Ambition, confidence and opportunity’: Eversheds selects new members of its senior leadership team

‘Ambition, confidence and opportunity’: Eversheds selects new members of its senior leadership team

Eversheds Sutherland has announced several new appointments to its senior leadership team across its practice groups and business services teams. Succeeding Paul Worth, who is retiring at the end of December following 21 years at the firm, Mark Davenport will take on the role of litigation and dispute management practice group head. Davenport led the …

LB100 – The second 50 – City and boutique: London falling?

LB100 – The second 50 – City and boutique: London falling?

This year, 24 London-headquartered and boutique firms can be found in the second half of the LB100, experiencing an average revenue of £57.3m from last year’s £53.4m. This 7% increase almost matches the average revenue growth experienced by the firms across the entire LB100. Taking a closer look at the breakdowns of the group’s performance …

Kirkland endures more losses as Magic Circle firms continue expansion in the US and Middle East

Kirkland endures more losses as Magic Circle firms continue expansion in the  US and Middle East

September saw it finally confirmed that, as suspected, M&A lawyer Roger Johnson will join Paul Weiss’ new English law offering, leaving Kirkland after the firm’s management discovered that he was in discussions to take a team to a US rival firm. Johnson joins former Kirkland colleague Neel Sachdev who moved to Paul Weiss in August. …

Revolving Doors: CC expands in London and Dubai as LB100 firms strengthen regional teams

Revolving Doors: CC expands in London and Dubai as LB100 firms strengthen regional teams

Clifford Chance began last week by revealing that it had acquired two new partners, Craig Nethercott and Chirag Sanghrajka, to its global energy and infrastructure practice in both London and Dubai respectively. Nethercott joins  from Latham & Watkins, where he spent nearly 14 years as a partner, before which he spent seven years as a …

Revolving Doors: City firms expand finance and restructuring teams

Revolving Doors: City firms expand finance and restructuring teams

RPC has added partner James Channo to its London corporate practice to provide clients with advice on IPOs, secondary fundraisings, cross-border M&A and joint ventures. Channo joins RPC from Ince, where he headed up the corporate practice, before which he was the London managing partner and head of corporate at Locke Lord. Examples of Channo’s …