Some people go into law with dreams of changing the world, but for Dan Kayne that came much later. In fact, he admits he fell into the profession almost by accident. ‘I honestly went to university to do a law degree not really knowing why, except that it was clearly a very good degree to …
Ince owns up to pensions gaffe as cyber attack wreaks £5m havoc Ince has owned up to paying staff pension contributions into the wrong account, blaming a cyber attack earlier this year that also caused £5m in damages.
Despite the typical summer slowdown of the global lateral recruitment market, there have still been plenty of eye-catching hires. Many of the headline moves have a transatlantic hue as US firms continue to attract top talent in the City, while UK firms have had mixed results in the States. In London, Latham & Watkins’ banking …
Akin Gump has made impressive strides in the City over the past eight years. With James Roome, the driving force behind its fêted City restructuring practice set to retire, can the firm continue its London trajectory? The 2014 Bingham McCutchen deal that brought James Roome to Akin Gump is described as ‘one of the transformative …
Continue reading “No Roome for growth? A new chapter for Akin Gump’s City office”
As the market readies itself for the inevitable back-to-school hiring spree, August has nevertheless seen its fair share of lateral activity. Among those firms which have announced investments this week, Kirkland & Ellis bolstered its funds practice with the addition of two Legal 500 ranked next generation partners in London. Catherine Gokah joined from Ashurst …
Stephenson Harwood has reported flat financials for financial year 2021/22, after a correction to last year’s results. Revenue remained at £206m with profit per equity partner (PEP) of £685,000. This would have amounted to a drop in revenue from £209m first reported for financial year 2020/21, had the firm not adjusted last year’s financials after …
Keystone Law has bucked the trend of a summer slowdown of the lateral market, adding three ‘principals’ across its litigation and real estate teams. The AIM-listed firm recruited litigators Tracy Sell-Peters and Gregor Kleinknecht from DWF and Hunters Law respectively, while transactional real estate partner Samantha Leigh joined from Freeths. This continues the firm’s acquisitive …
Continue reading “Revolving Doors: Keystone adds three while Arnold & Porter launches in Amsterdam”
Freshfields Bruckhaus Deringer today (27 July) announced its 2021/22 financial results, becoming the latest magic circle firm to highlight its US growth amid a robust performance. The firm marked its sixth consecutive year of revenue growth with a 10% rise, bringing its turnover to £1.7bn – notably pacier growth than its 5% increase to £1.59bn …
Continue reading “Freshfields reports ‘very solid performance’ as it progresses US growth plans”
Marking its twelfth consecutive year of revenue growth, Macfarlanes today (26 July) unveiled bullish double-digit gains across the board, with turnover increasing 16% to £303.7m. Profit per equity partner (PEP) rose 19% to £2.484m to exceed that of both Clifford Chance and Allen & Overy, which have recorded PEP of £2.04m and £1.95m respectively.
Bird & Bird is celebrating its 30th year of consecutive revenue growth, adding 10% to its top line to £445.6m in 2021/22, up from £405.6m last year. In euro terms, this is a 15% hike to €525.3m from €455m last year. The tech-focused firm’s net profit is also up by 22%, while PEP is up …
Continue reading “‘Supercharged’: Bird & Bird reports robust revenue and profit growth”
