CMS cites ‘19%’ UK profitability hike as turnover tops £500m in first post-merger results Marco Cillario CMS Cameron McKenna Nabarro Olswang has released a selection of financial highlights for the year following its three-way merger but disappointingly…
Another record year for Fieldfisher as ‘more international’ firm breaks £200m barrier Marco Cillario Fieldfisher’s leader believes the firm has a ‘very happy partnership’ after cementing its position as the mid-market pace setter with…
Dentons delivers 36% PEP turnaround on ‘strongest ever’ financial results in UK and Middle East Marco Cillario The global management of Dentons are well known sceptics of the significance of profit per equity partner (PEP) but its UK…
‘We can’t grumble’: Osborne Clarke looks to capitalise on double-digit growth streak Hamish McNicol Osborne Clarke (OC)’s leadership duo had two reasons to party in Brussels overnight: it has been five years since the firm…
‘A clear validation of our strategy’: Eversheds bounces back with double-digit revenue and profit growth Tom Baker In its first full financial year since its transatlantic merger, Eversheds Sutherland (International) has recorded a robust increase in both…
Back on track: DLA Piper revenue rebounds past $2.6bn as 62 lawyers make partner Hamish McNicol DLA Piper has bounced back from last year’s global turnover drop with double-digit percentage growth in net profit and promoted…
Rampant Kirkland surges past Latham to become world’s top-billing law firm as PEP closes in on $5m Nathalie Tidman Kirkland & Ellis has hiked revenues by more than $500m to overtake Latham & Watkins as the world’s highest-earning law firm,…
Weil Gotshal and Debevoise see double-digit PEP hikes as Reed Smith’s top line makes a comeback Marco Cillario Weil, Gotshal & Manges has scored an 18% global rise in profits per equity partner (PEP) as London turnover soared…
Momentum at last for Hogan Lovells as global turnover passes $2bn mark Marco Cillario Eight years into its transatlantic union Hogan Lovells is finally gaining some momentum, posting another solid financial performance and passing the…
LLP latest: Ashurst management pay drops 18% amid turnover recovery Nathalie Tidman Ashurst’s management took home £8m in 2016/17, 18% less than the previous year, according to the firm’s recently published LLP…
Global London: Sidley and MoFo City outposts record double-digit revenue growth Marco Cillario Continuing the strong showing from US firms in London recently, Sidley Austin and Morrison & Foerster (MoFo)’s City offices recorded…
More bad news for Cadwalader – global revenue dips 10% in 2017 as 10-year slide continues Marco Cillario Revenues at Cadwalader Wickersham & Taft dropped by a striking 10% in 2017 as the firm persists with retrenching in…
LLP accounts: HSF records ‘exceptional’ revenue growth in Europe as profit holds steady Tom Baker A standout performance in Europe helped Herbert Smith Freehills (HSF) boost global revenues by 11% in 2016/17, according to the…
US firms continue City growth as White & Case and Cooley see double-digit revenue spike Nathalie Tidman White & Case’s City office posted revenue of $328m for 2017, a 13% increase on last year’s $290m figure, while…
Both sides now: Milbank sees UK revenue jump 9% as Jones Day loses another two City partners Marco Cillario Contrasting fortunes summarises the position of two key US players in the London market these days, with an expansive Milbank,…
LLP latest: Taylor Wessing tightens its belt as Pinsent Masons gets expansive Hamish McNicol The latest round of LLP accounts show profit, management pay and remuneration for the highest earning member all fell at…
LLP latest: profits fall at Norton Rose Fulbright as Dentons’ top earner sees pay cut Marco Cillario Operating profits at Norton Rose Fulbright’s (NRF) Eurasian business fell 7.5% to £115.8m in the year to 30 April 2017,…
LLP accounts: Addleshaw Goddard boasts ‘underlying’ growth as top-earner takes a haircut Hamish McNicol LLP accounts show Addleshaw Goddard’s top earner took a 30% pay cut as both profit and income fell in a…
LLP accounts: Freshfields management team takes home £19.1m amid overall profit uptick Nathalie Tidman The management team at Freshfields Bruckhaus Deringer took home £19.1m for the 2016/17 financial year, according to latest LLP accounts filed…
LLP latest: Olswang profit fell 76% before 2017 CMS merger as legacy firms’ final accounts revealed Marco Cillario Profits at all three CMS Cameron McKenna Nabarro Olswang legacy firms fell in the last financial year before their three-way…
