A&O managing partner Price departs pre-merger as revenue passes £2bn Alex Ryan Allen & Overy today (13 July) announced the shock resignation of managing partner Gareth Price amid a set of financial…
‘Challenges and opportunities are interlinked’: revenue growth cools slightly at Ashurst as profits stall Alex Ryan Ashurst has marked its seventh consecutive year of revenue growth, with a 10% increase in turnover for 2022/23 from £798m…
DWF in talks to delist as private equity buyer circles Ayesha Ellis The board of DWF Group Plc has confirmed market speculation that it is in negotiations with mid-market private equity firm…
Revolving doors: More departures from Shearman as firms focus on financial services and infrastructure hires Alex Ryan Shearman & Sterling has lost another two partners in London, as infrastructure and projects partners Ben Shorten and Trinh Chubbock…
Financials 2022/23: Taylor Wessing sustains global growth for fifth year in a row Elisha Juttla With the financial reporting season in full swing, Taylor Wessing has unveiled its latest results, becoming a €500m firm for…
Financials 2022/23: HFW posts best-ever results Alex Ryan HFW has posted its best-ever financial results for the financial year 2022/23. After a slight dip of 1% to £198.7m…
‘A powerful position’: Youle succeeds Trivedi as Skadden London head Nathalie Tidman Rich Youle, Skadden’s much-admired co-head of private equity, has taken over from Pranav Trivedi as the head of Skadden’s London…
Ince unable to pay creditors in full as administration draws to a close Holly McKechnie Following their appointment as joint administrators for Ince on 28 April 2023, Andrew Hosking and Sean Bucknall of Quantuma Advisory…
‘The legal industry isn’t immune’: Profits rise again at Eversheds following record performance in 2022 Ayesha Ellis Eversheds Sutherland has revealed a 17% increase in its net profit from £150.3m to £175.2m in this year’s financial results.…
Scottish round up: Brodies and Morton Fraser achieve record breaking revenues, Freeths expands into Scotland Elisha Juttla Brodies has become the first independent Scottish firm to pass the £100m revenue mark. The LB100 firm posted a turnover…
‘It would be remarkable for us to deliver 20% growth’: Turnover still up at Osborne Clarke following last year’s outstanding performance Ayesha Ellis Osborne Clarke has kicked off this year’s financial reporting season, revealing a 9% international revenue increase from €407m in 2022…
Revolving Doors: More hires in Houston as London’s energy, employment and corporate sectors witness key moves Elisha Juttla Leading the high-profile moves this week, Baker McKenzie has recruited Allen & Overy partner Fernando Torrente to head up its…
Pride Month 2023: ‘There is a real risk we are retrenching the hard-fought rights of our LGBTQ+ populations’ Amy Ulliott BCLP global inclusion and diversity client relationship partner Daisy Reeves on why the UK can’t rest on its laurels in the fight…
Pride Month 2023: ‘I was told that I needed to tone my “gayness” down in order to be successful’ Amy Ulliott Allen & Overy DE&I ambassador Justin Farrance on the challenges still facing the City law LGBTQ+ community and how social…
Pride Month 2023: ‘Most clients don’t care whether you’re black, pink, green, red with blue spots, LGBTQ+ or not – they just want someone to win the case’ Amy Ulliott Old Square Chambers’ employment and discrimination barrister Robin White talks to Amy Ulliott about transitioning at the Bar, the need…
Revolving Doors: Global 100 firms lead on international hires Holly McKechnie There was a strong international slant to last week’s round of lateral partner appointments, with firms making key hires in…
Dealwatch: ‘Heading back in the right direction’ – positive mood continues for public M&A as UK elite line up on big-ticket deals Ayesha Ellis In the first half of June, the UK economy suffered another blow. Global soda ash producer, WeSoda, made the decision…
‘An excellent foundation from which to build’: Clifford Chance appoints new office managing partner in New York Elisha Juttla Less than two weeks after Clifford Chance revealed the opening of a new office in Houston, the firm has announced…
‘Our strategy is targeted and curated, and 100% client-centric’: Freshfields continues US hiring spree Holly McKechnie Following the recent hires of David Sewell and Damian Ridealgh to its New York office, Freshfields has announced six new…
‘I want the firm to be more ambitious and more confident’: Stephenson Harwood rebounds with double-digit revenue growth Holly McKechnie Stephenson Harwood has reported an 11% rise in turnover to £228m from £206m for 2022/23, the firm’s highest-ever revenue. It…