Slaughter and May has made up five new partners in its latest round of promotions, a 50% drop from last year’s round of ten.
Four of the new partners are based in London, with the final addition in Brussels.
Paul Weiss has broken through the $2bn global revenue mark, posting a 10.8% hike on last year, as the firm’s bold London recruitment drive continues to make headlines.
The firm’s 178 equity partners took home an average of $6.5m in 2023, with profit per equity partner (PEP) up 14.8% from $5.73m the previous year.
Sidley Austin private equity partner Lyndsey Laverack on changing attitudes towards mental health in the legal profession and how women are making inroads into practice areas traditionally dominated by men
White & Case has taken another step towards the $3bn turnover mark, posting a 4.3% increase in global revenues to $2.95bn for 2023, despite London turnover dipping 1.6% to $444m.
The international firm saw global revenues rise from $2.83bn in 2022, when London turnover stood at $451m. Profit per equity partner (PEP) increased by 12.7% during 2023 to $3.16m, while revenue per lawyer rose 6.9% to $1.16m.
From growing up in a Barnsley mining community to making the tea as a junior lawyer, Greenberg Traurig’s Kathryn Garbett reflects on a shifting landscape for women in law over her rise to City partner
Leading the high-profile moves this week, Rebecca Perlman has joined Kirkland & Ellis’ ESG and impact practice group in London as a partner. Perlman leaves behind a 12-year tenure at Herbert Smith Freehills, where she was head of the firm’s UK, US, and EMEA operations and global head of sustainable and impact investment.
Perlman brings with her more than a decade of expertise in advising clients on a range of ESG-related matters, including regulatory compliance, soft law standards, voluntary frameworks, ESG market disclosure, reporting, and issues concerning accredited organisations.
For International Women’s Day, Stephenson Harwood Europe private client partner Suzanne Johnston talks about creating inclusive fertility policies and educating staff on the sensitive issues at play.
For International Women’s Day, Vinson & Elkins Europe head of international disputes Louise Woods discusses how her firm has created a more inclusive workplace for staff facing fertility issues and baby loss.
Greenberg Traurig has announced a 6% increase in revenue, reaching $2.3bn, while PEP rose 4%, climbing from $2.32m to $2.4m.
While slightly slower than last year’s 9% revenue increase, this growth still marks Greenberg’s tenth consecutive year of record revenue.
In what will be viewed by rivals as a further shot across the bows, Freshfields has continued to make determined inroads with its US strategy, this time hiring private equity M&A partners Neal Reenan and Ian Bushner in New York from Latham & Watkins.
The investment is another coup for a firm that has become no stranger to putting its money where its mouth is on executing a bullish American strategy, and is especially striking, given the increased demand for quality private capital practitioners as client demand continues to escalate.
