The ever expanding Quinn Emanuel Urquhart & Sullivan saw a 21% spike in its London revenue for 2016 reaching £44.8m while London net profit sat at £32.8m.
The results come after the London office managed a 41% increase to £36.9m last year, up from a 33% increase in 2014 which saw City revenues sitting at £26.2m.
It’s been a busy year for Quinn which welcomed four new City based partners last year. The office launched both a long awaited corporate crime practice with Covington & Burling partner and former Serious Fraud Office prosecutor Robert Amaee and a UK construction disputes practice with Herbert Smith Freehills’ James Bremen. Competition partner Kate Vernon joined from DLA Piper and litigation and arbitration Paul Friedman arrived from Clyde & Co.
Partner and fraud specialist Mark Hastings will join the office from Addleshaw Goddard after leaving late last year.
However the firm lost partner Martin Davies to Latham & Watkins last month, the first lateral hire to leave the London office in around nine years. It is understood Davies has taken on a leadership role in Latham & Watkins’ London dispute resolution group.
To deal with a rapid rise in numbers, Quinn’s City office will increase its office space by half with a move into a floor of Olswang’s 90 High Holborn. London grew by 20 lawyers in the past year, counting 55 lawyers at the beginning of 2017. Partner headcount has increased from 15 to 20.
Quinn’s move to 90 High Holborn on 27 March this year will increase the amount of space it occupies from 18,000 sq ft to 27,000 sq ft.