Financials 2022/23: Revenue up 9% at Charles Russell Speechlys as firm targets overseas growth Alex Ryan Charles Russell Speechlys today (2 August) posted financial results that saw revenue tick up by 9% to hit £193.7m, while…
‘Following a trend across the industry’: Dentons reveals deceleration in revenue growth against backdrop of high inflation Ayesha Ellis Dentons has released its financial results for its UK, Ireland and Middle East business, reporting a significant decrease in the…
One in, one out: Deal star Johnson to exit Kirkland as Membrillera joins from Paul Weiss Nathalie Tidman Roger Johnson, among the first wave private equity stars to defect to Kirkland & Ellis from the Magic Circle, has…
‘Testament to the enduring strength of our strategy’: Clyde & Co reports increase in revenue and profit as BLM merger beds in Alex Ryan Clyde & Co today (1 August) reported a 22% increase in revenue to £786.6m – a combination of 6% organic…
Revolving Doors: International and domestic firms bolster finance, infra and disputes teams Holly McKechnie Leading the high-profile moves last week, Paul Hastings has expanded its energy and infrastructure practice with the hire of Alistair…
‘Unnecessary bedwetting’ – litigation funders moved to allay fears following Supreme Court blow Bethany Burns The UK litigation funding industry has been left scrambling to renegotiate contracts in the wake of a Supreme Court judgment…
‘Sharpens the focus’: Turnover and PEP stall at Travers after challenging year Holly McKechnie A turbulent year of partner losses has culminated in disappointing financials for Travers Smith as revenue edged up only 1%…
A&O names Garousha interim managing partner ahead of Shearman merger vote Alex Ryan The board of Allen & Overy has chosen Abu Dhabi capital markets partner Khalid Garousha (pictured) as interim global managing…
‘Holding ourselves accountable’: Slaughter and May tackles social mobility challenge with 2033 targets Holly McKechnie Slaughter and May has stuck its head above the parapet on the thorny issue of social mobility, outlining ambitious targets…
‘No-one has managed to build out of the key locations’: Eversheds’ Ranson discusses Asia strategy following KWM tie-up Ayesha Ellis Following the announcement last week that Eversheds Sutherland has entered into a formal cooperation agreement with Chinese firm King &…
‘The strategy delivers’: Freshfields sees 8% revenue rise but PEP growth stalls Holly McKechnie Freshfields Bruckhaus Deringer today (26 July) announced its 2022/23 financial results, marking a seventh consecutive year of revenue growth for…
Linklaters sees 2% profit decline as revenue falls short of the £2bn milestone Ayesha Ellis With financial reporting season in full swing, Linklaters is the latest Magic Circle firm to drop its financial results, reporting…
‘We are on the right course’: Fieldfisher sees double-digit revenue jump as PEP falls by same percentage Holly McKechnie Fieldfisher has reported an 11% rise in firm-wide revenue to £370m from £330m, marking ten years of consecutive revenue growth…
‘Outcome still satisfactory’: revenue, profit and PEP drop at Macfarlanes as Mishcon continues growth Alex Ryan Macfarlanes has today (24 July) posted results that show declines in turnover, profit, and PEP for the past financial year.…
‘Improving growth has not been an easy task’: HSF posts record financials amid challenging conditions Ayesha Ellis Herbert Smith Freehills has marked a decade of consecutive annual growth with its latest financial results, posting the highest revenue,…
Mixed bag for Clifford Chance as it joins the £2bn revenue club but profits and PEP stall Alex Ryan Clifford Chance (CC) today (19 July) became the second Magic Circle firm to post revenues in excess of £2bn after…
‘A record year for us’: Pinsents doubles top-line growth as profit moves up 8% Ayesha Ellis Pinsent Masons has revealed a soaring 14% increase in turnover from £531.1m to £605.9m, with the rate of revenue growth…
‘Pleased to have continued our upward trajectory’: Shoosmiths continues revenue and profit growth Alex Ryan Legal Business Law Firm of the Year Shoosmiths has today (19 July) reported another year of growth, with a 7%…
Revolving Doors: Lateral market continues apace as private equity and regulatory dominate in the City Elisha Juttla Leading the moves this week, Goodwin has hired McDermott partner Arvin Abraham for its private equity practice in London. He…
‘We’re very pleased with the results’: double-digit revenue growth for Simmons as PEP holds steady Alex Ryan Simmons & Simmons has today (13 July) reported revenue growth of 12%, up to £521m from last year’s £465m, double…