Legal Business Awards 2020 – International Arbitration Team of the Year

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Legal Business Awards 2020 – International Arbitration Team of the Year

After much back-and-forth between the judges in a keenly contested category, we are now delighted to reveal the winner of International Arbitration Team of the Year for the 2020 Legal Business Awards. The winner of this award demonstrated pre-eminent advice in a single matter, be that acting for private corporates, investors, state-owned enterprises or states …

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‘Crazy and hopeless’: Osborne Clarke and EIP dial in landmark patent victory against Chinese giants

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‘Crazy and hopeless’: Osborne Clarke and EIP dial in landmark patent victory against Chinese giants

The Supreme Court has ruled against Chinese telecoms giants Huawei and ZTE today (26 August) in a landmark IP dispute, with Osborne Clarke and EIP Legal securing victory for clients Unwired Planet and Conversant. The case concerns patent infringement and the manner in which corporates enter global licensing arrangements. Huawei had been appealing against previous …

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Revolving Doors: Paul Hastings completes swift one-two to dominate last week’s City recruitment

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Revolving Doors: Paul Hastings completes swift one-two to dominate last week’s City recruitment

Paul Hastings was the only notable mover in the City lateral market over the past week, with the US firm securing a swift double hire to bolster its finance practice. The firm announced today (24 August) that infrastructure partner Derwin Jenkinson would be joining the practice from Ashurst. Jenkinson leaves after a seven-year spell at Ashurst, …

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Deal view: Linklaters rues loss of corporate golden generation but in Covid era inherent strengths remain

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Deal view: Linklaters rues loss of corporate golden generation but in Covid era inherent strengths remain

Thomas Alan finds resilience at the heart of Linklaters, but without meaningful change the firm risks breathing life into unfavourable clichés. ‘It could and should have been a golden generation,’ laments one former Linklaters corporate partner, now at a US firm. ‘But that generation has been decimated.’

Martyr bows out after two-decade reign as NRF chooses new chief executive

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Martyr bows out after two-decade reign as NRF chooses new chief executive

The reign of one of global law’s longest-serving leaders will come to an end shortly with Peter Martyr completing his final term for Norton Rose Fulbright (NRF) at the end of this year, the firm announced today (17 August). Replacing Martyr will be global head of disputes Gerry Pecht, meaning the firm will be led by a …

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‘Continue to be bold’: resilient Mishcon ups revenue again as PEP rediscovers momentum

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‘Continue to be bold’: resilient Mishcon ups revenue again as PEP rediscovers momentum

Mishcon de Reya has become the latest firm in the LB100 to resist the economic onslaught of Covid-19 in its financial year end, the firm’s figures show, with revenues up for another year while profits regained momentum. Turnover increased a healthy 6% from £177.8m to £188.3m over 2019/20, while profit per equity partner was up …

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Revenue growth stalls at Stephenson Harwood as firm remains quiet on profits

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Revenue growth stalls at Stephenson Harwood as firm remains quiet on profits

Stephenson Harwood saw revenue growth grind to a halt over the last financial year, the firm’s latest financial results show, while key profit figures are undisclosed. Revenues remained at £213m over 2019/20, the figure hit last year after a pacey 12% growth. Meanwhile, the firm did not disclose its profit per equity partner figure, which …

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‘Only certainty is even more uncertainty’: Addleshaws shows endurance as firm steels itself for year ahead 

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‘Only certainty is even more uncertainty’: Addleshaws shows endurance as firm steels itself for year ahead 

Addleshaw Goddard adhered to an increasingly familiar trend over the last financial year, the firm’s latest figures show, with revenues proving resilient in the last months of 2019/20 while partner profits took a minor dent. Turnover was up 4% to £288m from £275m the previous financial year, when the firm exceeded all expectations as revenue …

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‘Future-proofing’: DAC lifts profit and revenue for sixth consecutive year as Pollitt secures second leadership term

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‘Future-proofing’: DAC lifts profit and revenue for sixth consecutive year as Pollitt secures second leadership term

DAC Beachcroft (DACB) has notched its sixth consecutive year of turnover and profit growth, the firm’s latest financial results show, while also announcing that managing partner David Pollitt has secured a second term at the helm following an uncontested leadership election. Revenue at the firm grew 6% to £258m, up from £243m last year, while …

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‘A fair bit of progress’ – Brodies withstands year-end turbulence to increase revenue and operating profit

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‘A fair bit of progress’ – Brodies withstands year-end turbulence to increase revenue and operating profit

Scottish leader Brodies is the latest firm in the LB100 to display its fiscal resilience, growing revenue and operating profit despite a significant Covid-19-induced slowdown during the closing months of 2019/20.  Revenue at the Scottish independent was up 7% to £82m from £76.9m last year, making it 10 years of consecutive growth at Brodies and …

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