Revolving Doors: A&O grows in Washington as UK regional firms make key hires in real estate, financial services and employment Ayesha Ellis Despite the dramatic news that Kirkland had lost a London debt finance team to Paul Weiss, it has been another relatively quiet…
Latham, Macfarlanes and TLT up for the top prize as shortlists unveiled for Legal Business Awards 2023 Mark McAteer Latham & Watkins, Macfarlanes and TLT are among the firms competing to be named Law Firm of the Year at…
‘Despite the considerable headwinds, we will deliver progress’: Irwin Mitchell records flat revenue in latest financials Ayesha Ellis Although the frenzy of financial reporting season has begun to subside, this week saw Irwin Mitchell release its financial results for…
‘If Zoom is doing it, everybody probably needs to be’: Growing number of US law firms mandate four-days-in-office week Elisha Juttla Lawyers adhering to a minimum of four days in the office a week policy is gaining traction among US firms,…
Revolving Doors: Two Magic Circle firms reveal major US hires amid quieter week for City firms Ayesha Ellis Amid the typical August recruitment slowdown, one of the most notable moves of the past week saw Allen & Overy…
Kirkland’s debt superstar Sachdev leads team exit as Paul Weiss launches English law practice Elisha Juttla Debt finance rainmaker Neel Sachdev (pictured) has led a team defecting from Kirkland & Ellis to Paul Weiss, in what…
Financial results 22/23: CMS sees deceleration in revenue growth following last year’s standout figures Ayesha Ellis CMS has reported a 6% uptick from last year’s €1.746bn to €1.862bn in global revenue growth in its recent set…
Financials 2022/23: Kingsley Napley sees double-digit revenue growth but PEP tumbles Holly McKechnie Kingsley Napley has reported an 11% rise in revenue to £61.2m from £55.2m, an all-time high for the firm. However,…
Revolving doors: Shake-ups at Kirkland and Paul Weiss, as Fieldfisher picks up competition team hire Alex Ryan Kirkland & Ellis was at the centre of not one but two of the biggest stories in the London lateral…
Revenue and PEP plummet at Stewarts as ‘non-linear growth’ continues Alex Ryan Litigation specialist firm Stewarts today posted financial results that saw revenue fall by 25% to £85.1m. Net profit and PEP…
Financials 2022/23: Revenue up 9% at TLT but PEP dives 27% Holly McKechnie TLT has reported a 9% rise in revenue to £157m from £144m last year. This follows a standout year in…
‘Good growth in a challenging market’: Bird & Bird notches 31st consecutive year of growth as turnover hits £495m Alex Ryan Bird & Bird today (3 August) posted a strong set of financial results showing growth in revenue, profit, and PEP.…
Addleshaw stands out from subdued market with 18% revenue and profit rise Ayesha Ellis Addleshaw Goddard has repeated last year’s outstanding performance in another set of promising financial results today (3 August), reporting a…
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%…
