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…
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…