Berlin office closure for King & Wood following partner departures and ‘strategic review’

Following signifcant movement within the German arms of major international firms of late, King & Wood Mallesons SJ Berwin (KWMSJB) has pointed to a strategic review of its German operations for the decision to close its Berlin office, after venture capital duo Frank Vogel and Jan Dirk Heerma resigned with the intention to set up their own …

Global turnover nudges up at Reed Smith while London posts equally steady growth

Top-30 global firm Reed Smith has seen its 2013 revenue grow by 6% to $1.075bn from $1.013bn, while its profit per equity partner figure rise by 5.5% to $1.14m from $1.08m in the previous financial year. In London, Reed Smith’s largest office, revenue reached $190m, an increase of around 5%. Revenue per lawyer at the …