Global 100 – Stories of the year
With law firm mergers and collapses, new office launches, a proliferation of strategic hiring and big-name changes in management, 2023 was a rocking year. Here are the headline stories of the last 12 months
Global 100 firms expand notably in core areas as Paul Weiss vs Kirkland rumbles on
The lateral hiring market in November was once again dominated by comings and goings between Paul Weiss and Kirkland & Ellis, as well as big moves between Global 100 rivals in Europe. Just when the market thought Paul Weiss had eased up on its hiring spree in the run-up to Christmas, the firm announced it …
Revolving Doors: Global 100 firms expand in the City as Australian market sees lateral hiring spike
In the City, Kiran Arora has left BCLP to join Eversheds Sutherland as a new partner in its corporate and energy practice. Ranked in The Legal 500 as a Leading Individual, Arora specialises in sustainable energy and infrastructure projects, bringing with him more than 20 years’ experience advising on project development, project financing, and M&A …
‘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 …
Revolving doors: Magic Circle firms lose partners in New York and London as US firms strengthen London teams
Last week was a busy one for lateral hires, with a mix of City, regional and international firms announcing their newly acquired partners. In New York, Allen & Overy lost partner Greg Lavigne to Sidley, who joined its energy, transportation and infrastructure group.
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 …
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‘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?
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 …
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LB100 – firm profile – Eversheds Sutherland: Beyond the soundbites
Having achieved a steady rise in revenue over the past five years, can Eversheds Sutherland maintain its place in the top ten of the LB100? ‘I can’t think of a soundbite for the firm,’ dismisses one finance head at a peer firm when canvassed for his view on Eversheds Sutherland’s place in the market.
Life During Law: Sandra Paul
I head up our criminal defence and police investigations team as well as our sexual misconduct in the workplace practice. I am interested in people, and I guess I am a nosey person. I decided to become a lawyer because I wanted to have my own voice. In my twenties, I was a team leader …