Taylor Wessing has become the latest firm to announce solid results for 2023-24, revealing a 9.5% increase in global revenue to £480.7m. Continue reading “‘Ambition remains high’: Taylor Wessing heads towards €1bn target with strong financials”
Simmons & Simmons and Bird & Bird have both posted revenue growth of 10%, as major UK firms continue to report healthy results for the last financial year.
Continue reading “Simmons & Simmons and Bird & Bird eye growth opportunities as both post 10% hike”
Clifford Chance (CC) has become the third magic circle to reveal its financial results for 2023-24, posting global revenue growth of 9% to £2.3bn, up from 5% last year. Continue reading “‘Great progress everywhere but fastest in the US’: CC posts 28% Stateside hike as PEP rebounds”
Macfarlanes posts 24% increase in PEP to £2.6m for 2023-24 as turnover climbs nearly 14% Continue reading “PEP surges at Macfarlanes with 24% rebound to record high”
Cooley’s London managing partner Justin Stock has left the firm to join Akin as international technology practice head, along with two other partners.
Continue reading “Cooley London head Stock exits to Akin in three-partner move”
Kirkland & Ellis is overhauling its equity partner exit terms – ushering in new policies to withhold compensation for departing partners, as well as slashing notice periods and speeding up the time it takes those leaving to be repaid their capital. Continue reading “‘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”
Linklaters has leapt to first place in Stonewall’s Top 100 Employers 2024 list, while last year’s number one Clifford Chance has dropped outside of the top ten for the first time since 2020 and is ranked 14th.
Continue reading “Linklaters claims top spot in Stonewall Top Employers list”
Building on last year’s record performance, Herbert Smith Freehills has achieved its 11th consecutive year of annual revenue growth in its latest financial results.
Ashurst global PE co-head exits to O’Melveny; Hogan Lovells hires from K&L Gates and Weil and Kirkland picks up a CC tech partner
Ashurst is targeting expansion in the US as the firm announces financial results that show profit per equity partner reaching a record high and turnover just shy of £1bn.
Continue reading “Ashurst sets sights on US growth as revenue nears billion-pound mark”
Could you share some examples of innovative ways Herbert Smith Freehills is working with clients in the ESG space?
Silke Goldberg: At Herbert Smith Freehills, we are actively engaging with our clients in the ESG space through innovative tools like our Global ESG Tracker and ESRS Navigator. Continue reading “‘Clients are not only seeking legal expertise but also looking for firms that practice what they preach’ – ESG Q&A: Herbert Smith Freehills”
A clutch of major law firms have continued the trend for strong 2023-24 results, with Brodies, Shoosmiths, Clyde & Co and Watson Farley & Williams among the latest to reveal healthy financial figures.
Skadden London head Richard Youle on a year in management and scaling up London Skadden-style. Continue reading “‘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”
More than 10,000 civilians have been killed in Ukraine since Russia first invaded in February 2022 according to the UN. And, as highlighted by this week’s airstrike on Kyiv, in which more than 40 people lost their lives, the war is far from over.
But despite the ongoing conflict, law firms in the country remain very much open to business. Continue reading “Working in a warzone”
Legacy Allen & Overy saw revenue nudge up 3.4% in the last financial year before its transatlantic merger, against a surge in profits that took average PEP to £2.2m.
Linklaters has become the first magic circle firm to announce its 2023-24 financial results, breaking through the £2bn mark for the first time after a double digit increase in revenue.
Jonathan Bower, partner, planning and infrastructure team leader and partner lead for net zero by 2030 strategy at Womble Bond Dickinson, sets out the case for a clear ESG vision with a focus on inspiring behavioural change
Historical events have often led to transformative changes. The Industrial Revolution was one such moment and, today, we’re on the brink of another significant shift – an environmental, social and governance revolution. Although centuries apart, there are clear parallels between the two, not least the considerable cultural and social change needed to create a revolution. Continue reading “ESG: Evolution or revolution?”
A trio of Pinsent Masons international arbitration partners are set to leave the firm for Greenberg Traurig, Legal Business can reveal.
Continue reading “Greenberg makes triple Pinsents partner hire in international arbitration push”
On the eve of a general election that looks set to promise a wipeout for the Conservative Party and the first Labour government in 14 years, LB checked in with a range of City partners across a variety of practice area to gauge the temperature of the UK legal industry, find out what they think will change, what won’t, and what to watch out for.
HFW has posted double-digit growth to break through the £250m revenue mark for the first time, with all key metrics rising as the firm sticks to its sector-focused strategy.
