‘When someone is so disaffected it’s best to get them out sooner rather than later’: Kirkland to hold back pay for departing partners; cut notice period Elisha Juttla Kirkland & Ellis is overhauling its equity partner exit terms – ushering in new policies to withhold compensation for departing…
Linklaters claims top spot in Stonewall Top Employers list Tom Cox Linklaters has leapt to first place in Stonewall’s Top 100 Employers 2024 list, while last year’s number one Clifford Chance…
‘Strong momentum’: Revenue and profit rise as Herbert Smith Freehills marks 11th consecutive year of growth Anna Huntley Building on last year’s record performance, Herbert Smith Freehills has achieved its 11th consecutive year of annual revenue growth in…
O’Melveny and Hogan Lovells lead PE hiring wave as Kirkland boosts tech team with Clifford Chance hire Anna Huntley Ashurst global PE co-head exits to O’Melveny; Hogan Lovells hires from K&L Gates and Weil and Kirkland picks up a…
Ashurst sets sights on US growth as revenue nears billion-pound mark Alex Ryan Ashurst is targeting expansion in the US as the firm announces financial results that show profit per equity partner reaching…
Brodies and Shoosmiths among firms reaching new revenue highs as results season continues Alex Ryan A clutch of major law firms have continued the trend for strong 2023-24 results, with Brodies, Shoosmiths, Clyde & Co…
‘Clients are not only seeking legal expertise but also looking for firms that practice what they preach’ – ESG Q&A: Herbert Smith Freehills Guest Blog Could you share some examples of innovative ways Herbert Smith Freehills is working with clients in the ESG space? Silke…
‘We’re not Real Madrid signing the best player in the world every year, that’s not what we do’ – Skadden London head Youle on scaling up London Elisha Juttla Skadden London head Richard Youle on a year in management and scaling up London Skadden-style.
Working in a warzone Tanya Drobnis More than 10,000 civilians have been killed in Ukraine since Russia first invaded in February 2022 according to the UN.…
Legacy Allen & Overy sees profits soar in final year pre-Shearman merger as revenue edges up Alex Ryan Legacy Allen & Overy saw revenue nudge up 3.4% in the last financial year before its transatlantic merger, against a…
‘We’ve had our best year ever in the UK and US’ – Linklaters breaks £2bn revenue barrier with double-digit growth Elisha Juttla Linklaters has become the first magic circle firm to announce its 2023-24 financial results, breaking through the £2bn mark for…
ESG: Evolution or revolution? Guest Blog Jonathan Bower, partner, planning and infrastructure team leader and partner lead for net zero by 2030 strategy at Womble Bond…
Greenberg makes triple Pinsents partner hire in international arbitration push Elisha Juttla A trio of Pinsent Masons international arbitration partners are set to leave the firm for Greenberg Traurig, Legal Business can…
Political persuasions – what City partners are hoping for from the next Government Alex Ryan On the eve of a general election that looks set to promise a wipeout for the Conservative Party and the…
HFW, Fieldfisher post double-digit revenue hikes as results season gets off to strong start Alex Ryan HFW has posted double-digit growth to break through the £250m revenue mark for the first time, with all key metrics rising…
Ex-A&O banking chief Bowden exits for Proskauer as US firm snaps up City finance quartet Alex Ryan A&O Shearman banking heavyweight Philip Bowden, the former co-head of legacy A&O’s global banking practice, has left the newly merged…
Osborne Clarke breaks through €500m revenue target with double-digit financial surge Anna Huntley As UK financial reporting season kicks off, Osborne Clarke (OC) has today (2 July) posted a robust 19% revenue boost,…
The state of UK general counsel in 2024: Key insights and challenges Guest Blog The legal landscape for general counsel (GCs) in the United Kingdom is undergoing significant challenges and transformations in 2024. A…
The new £150k benchmark for Magic Circle associates – ‘rewarding the best’, or ‘slightly alarming’? Legal Business Associate pay reaches eye-watering heights as the war for talent at the top of the market goes further into the…
Legal 500 US: Latham tops the charts in new US rankings Barnaby Merrill The Legal 500 United States 2024 rankings have arrived, and with it a bevy of new numbers to crunch. Leading…
