Latham rampant for second year running as surging City growth helps revenue hit $3.7bn Marco Cillario Latham & Watkins has reported its second consecutive year of double-digit growth as its revenue surged to $3.768bn in 2019…
London lags global growth as Debevoise turnover breaks $1bn barrier Thomas Alan US firm Debevoise & Plimpton has increased London revenue almost 9% following a strong year in which global turnover broke through…
Pretty, pretty, pretty good: outgoing Hogan Lovells chief lauds best-ever financials as PEP surpasses $1.5m Marco Cillario Hogan Lovells has posted its strongest financial performance since its transatlantic union a decade ago, with turnover rising 6% and…
Goodwin’s City arm hikes revenue 11% to $74m on the back of lateral bonanza Nathalie Tidman In another robust year for Boston’s Goodwin, its ever-expansive City arm has seen turnover lift 11% to $74m amid a…
Akin Gump falls short of last year’s City revenue surge amid global growth and lateral push Nathalie Tidman The London office of Akin Gump Strauss Hauer & Feld may have failed to maintain 2018’s pacy revenue growth of…
Cooley’s City base passes $70m revenue mark as global growth slows Marco Cillario Cooley’s London outpost has outpaced the West Coast firm’s global revenue growth for the third consecutive year, rising 9% to…
Cadwalader London revenue down again despite strong global performance Marco Cillario Cadwalader, Wickersham & Taft has seen its London revenue drop for the second year in a row, falling 4% to $41.3…
HSF’s accounts show revenue hit £447m amid a 23% profit hike and a sharp fall in debt Thomas Alan Herbert Smith Freehills (HSF) has increased profit and turnover, its latest LLP accounts reveal, while also bolstering its borrowing capacity…
LLP: CMS lifts profit amid Hong Kong and Istanbul restructuring as year-end move dampens NRF’s turnover Marco Cillario Operating profits at CMS Cameron McKenna Nabarro Olswang rose 20% to £192.8m after the firm restructured its Hong Kong and Turkish…
Freshfields lags Magic Circle as management pay drops 20% amid muted top line growth Nathalie Tidman The management of Freshfields Bruckhaus Deringer has seen a 20% drop in pay even as its Asia business offered a silver…
DLA cracks £1bn international revenue after pumping ‘tens of millions’ into offices and IT Hamish McNicol DLA Piper has increased profit at its international LLP for the fourth year running despite a sustained period of investing ‘tens…
LLP accounts: Pension costs hurt CC profits as A&O leadership sees pay increases Marco Cillario Operating profit at Clifford Chance (CC) UK LLP fell 5% to £260m in the year to 30 April 2019 amid…
‘International is the growth engine’: DWF eyes US after £42.5m Spanish acquisition Hamish McNicol DWF is looking to crack the US market with an acquisition which would likely surpass its £42.5m deal for a Spanish…
Hong Kong drives H1 revenue at Ince by 125% following key partner hires amid expansive year Muna Abdi Following the full integration of its consolidated businesses in the UK and China, Ince today (28 November) published revenues of…
Linklaters ExComm bag £25m amid surge in revenue from US and AsiaPac, LLP accounts reveal Marco Cillario The 12 members of Linklaters’ executive committee and senior partner Charlie Jacobs saw a 17% pay increase to more than…
Hogan Lovells’ International business slims down headcount amid 8% revenue growth Marco Cillario Profits at Hogan Lovells’ non-US business rose 11% to £281m last year as it slimmed down lawyer headcount by 37 in…
LB100 2019: Methodology and notes Legal Business LB100 law firms The firms that appear in the Legal Business 100 (LB100) are the top 100 law firms in…
LB100: Partner earnings Legal Business Top 50 firms ranked by highest top of equity 1-50* Equity partners:non-equity partners % of partners that are equity partners…
LB100 Second 50 – City and Boutique: The adventurers and the settlers Muna Abdi While the UK lurches through a Brexit drama entirely of its own making, mid-market and boutique London-based firms have focused…
Case study: Ince Muna Abdi What a difference a year makes. After an initial public offering, a series of acquisitions – including City institution Ince…
