‘Ultra-focused on culture and hungry to build’ – McDermott’s new London head sets out stall

‘Ultra-focused on culture and hungry to build’ – McDermott’s new London head sets out stall

Earlier this month McDermott Will & Emery announced that leveraged finance partner Aymen Mahmoud will take the reins from Hamid Yunis as managing partner of the US firm’s London office. Mahmoud (pictured), who has been at the firm since 2020 after joining from Willkie Farr & Gallagher, will take the helm on 1 June, while …

Travers departures continue as Linklaters and Fried Frank pick off transactional trio

Travers departures continue as Linklaters and Fried Frank pick off transactional trio

In another blow for Travers Smith, respected corporate M&A and ECM partner Richard Spedding has left to join Linklaters, on the back of the departure of a private equity duo to Goodwin late last month. A Legal 500 Hall of Famer for small to mid-cap equity capital markets, Spedding was at Travers or 25 years. …

‘I have near total freedom to build a practice’: ex-Kirkland Hall of Famer Tumani on his new challenge

‘I have near total freedom to build a practice’: ex-Kirkland Hall of Famer Tumani on his new challenge

Legal 500 Hall of Famer Satnam Tumani, previously head of the SFO’s anti-corruption and bribery unit and a longstanding partner at Kirkland & Ellis, recently moved to boutique firm Edmonds Marshall McMahon. He spoke to LB about his brief to build a new practice, the contrasts between Big Law and boutique law, and his nostalgia …

‘We have an insatiable appetite for recruiting’: Keystone posts double-digit revenue rise as hiring picks up

‘We have an insatiable appetite for recruiting’: Keystone posts double-digit revenue rise as hiring picks up

Keystone Law has released its financial results for 2023-24, posting a 15.1% revenue boost to reach £87.9m. The results, which cover the financial year to 31 January 2024, come after a sustained period of recruitment for the firm, which is continuing to sign up lawyers attracted to its non-traditional, decentralised model.

Market forces: Paul Weiss, Kirkland and the war for London talent

Market forces: Paul Weiss, Kirkland and the war for London talent

In the contest for the biggest legal story of the moment, the A&O Shearman merger may be more transformational for the firms involved, but it is fair to say it has not quite captured the imagination like Paul Weiss’s dramatic and audacious hiring spree in London. ‘The question is whether a firm can genuinely build …

‘We’ll continue to look for talent’: Sidley’s London growth streak continues with double-digit revenue hike

‘We’ll continue to look for talent’: Sidley’s London growth streak continues with double-digit revenue hike

Sidley Austin has continued its decade-long streak of growth in London, posting a 12.4% hike to reach $209.7m, with firmwide revenues reaching the $3bn mark. While global revenues grew 6.1% on last year, with profit per equity partner (PEP) up 10.3% to $4.6m, the Chicago-headquartered firm’s London office stood out with another year of double-digit growth.

‘I had strong support and people wanted me to continue’: Bakers’ Poulton seals second term as head of London office

‘I had strong support and people wanted me to continue’: Bakers’ Poulton seals second term as head of London office

Following his initial appointment to lead Baker McKenzie’s London office in 2021, managing partner Ed Poulton has been re-elected for another three-year term, starting from July. Speaking to Legal Business, he described the process of being re-elected as ‘relatively straightforward’. ‘We conduct soundings so that the partners get a chance to speak to a small …