With law firms increasingly looking at the risks to their business caused by climate change, DLA Piper has found that 47 per cent of its assets worldwide are vulnerable to tornadoes. The findings follow an assessment of the climate change risks facing the firm. According to the firm’s most recent accounts, the analysis also revealed […]
Ashurst’s boss has pledged that the firm will hit the £1bn revenue mark in its next round of results, after growth of 9 per cent in 2023/24. The firm’s turnover went up from £879m to £961m, which was more or less in line with its 10 per cent uplift in the previous financial year. Average […]
Charles Russell Speechlys (CRS) achieved double-digit growth in revenue and net profit for the financial year ending 30 April, with firmwide revenue reaching £218.3m. The firm saw revenue grow by 13 per cent on the previous year with revenue in the UK increasing by 12 per cent to £174.4m. Firmwide net profit increased by 20.5 […]
Kirkland & Ellis is hiring a new partner from Clifford Chance, in a move that will grow its outsourcing and technology expertise in London. André Duminy joins Kirkland after nearly 25 years at Clifford Chance, where he is head of its London tech and digital group and co-head of the strategic sourcing and complex contracting […]
Slaughter and May is advising longtime client Segro on the property investment company’s purchase of Tritax Eurobox. Corporate partners David Johnson and Sally Wokes are leading for the London-listed warehouse heavyweight, Segro. Meanwhile, the target Tritax is being advised by Ashurst. Corporate partners Karen Davies and Simon Bullock are at the helm of the team, […]
Latham & Watkins has appointed a new managing partner for its London office to succeed Stephen Kensell after four years at the helm. Ed Barnett will take charge effective immediately, with Kensell due to retire at the end of the year. Barnett is a corporate partner at Latham and has been with the firm since […]
Newly-qualified solicitors at Slaughter and May are officially joining the £150,000 pay club after the firm brought its pay review forward. The firm had previously stated it would hold its pay rate at £125,000 until at least November this year. The new salary took effect on 1 September, putting the firm in line with Freshfields […]
Five UK 200 firms posted a total turnover in excess of £2bn in 2023/24, while one topped £3bn for the first time in a year when both revenue and profit grew significantly. The top 50 firms ranked by global revenue generated a total £33.4bn last year, up by 8.4 per cent on the previous year. […]
Private equity house TDR Capital has promoted Emma Gilks to the top general counsel role after David Holdsworth returned to private practice last month. Gilks has been at TDR Capital since 2015 when she joined as a legal counsel from Reed Smith. Having qualified at Reed Smith in 2012, Gilks worked in the firm’s corporate […]
This report contains: an overview of the UK corporate market in 2023 and the positive shift in mood among lawyers at top corporate practices ranking of the top 50 City firms based on UK corporate revenue, highlighting those achieving significant growth insight into firms’ strategic plans for its UK corporate group over the next five years
This report contains: A history of the dominance of the magic circle sets an analysis of the two challengers to the magic circle a breakdown of the sets’ activity at the commercial court over the years
This report includes: an analysis of 18 European 100 firms that have seen new managing partners since the start of 2023 a consultant’s top tips for an MP-t0-be an overview of the trends in the European 100 leadership selection
This dashboard: contains an overview of the claims at a selection of courts in the UK. allows you to compare activity at the courts in Q2 2024 against Q2 2023.
This dashboard: contains an overview of the judgments at a selection of courts in the UK, Hong Kong, Singapore and Dubai during Q2of 2024. allows you to compare activity at the courts in Q2 2024 against Q1 2023.
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One of Europe’s most enduring rumours is about Simpson Thacher & Bartlett opening in Luxembourg. It is one of the jurisdiction’s key referrers of work for the local Luxembourg players, meaning there is an amount of paranoia among them about what would happen if Simpson Thacher decided to open its own office there. The idea […]
Which is the best personal injury firm in the country? Irwin Mitchell, perhaps? Maybe Leigh Day, or Slater & Gordon? Wrong, wrong, wrong. The answer in fact is Cheshire six-lawyer outfit Gavin Edmondson Solicitors, which according to the website reviewsolicitors.co.uk scores better than almost 2,500 PI firms across the country for its quality. What about […]
Cash piles rose during the pandemic, but the latest year-end shows a turnaround. Across the UK 200, debt levels are increasing, and those precious cash reserves are being eroded by a tide of rising costs. This evidence suggests the trend is most prominent among firms that occupy the mid-tier; these firms are spending big as […]
Who says UK firms are getting left behind in the global legal market? Whoever it is should take a look at the top end of this year’s UK 200, which later this month highlights that for the first time ever, all four magic circle firms have a turnover of more than £2bn (though it’s worth […]
In the battle for European funds dominance, we regret to inform you that Dublin and Luxembourg could soon be at loggerheads. Both cities have made funds a key part of their economies, welcoming foreign investment with tax-friendly policies eager to attract capital. Given this environment, European firms are missing a trick when it comes to […]
Clifford Chance has lost its second senior tech partner in London in as many months. The firm’s co-head of data protection and cybersecurity, Simon Persoff, has left for DLA Piper. Persoff joined Clifford Chance in 2020 from DLA where he was a senior consultant. After training at Baker McKenzie, Persoff worked in-house and as an […]
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A&O Shearman has introduced an AI assessment into its graduate recruitment process to identify trainee solicitors with a strong technological awareness. Candidates will be asked questions to encourage them to think outside of the box, including how they would go about writing accurate prompts for the AI to support their work. Measuring a candidate’s approach […]
A&L Goodbody is to focus its West Coast business development efforts on its San Francisco rep office, leading it to close its outpost in Silicon Valley. The firm is in the process of winding down its office in the tech heartland of Palo Alto and will relinquish the office when its lease expires in the […]
A team of 13 have switched to King & Spalding from Cadwalader Wickersham & Taft, after it emerged that four partners would be leading the team move back in June. At the start of the summer, Cadwalader fund finance partners Samantha Hutchinson, Nathan Parker and Mathan Navaratnam, as well as ESG partner Sukhvir Basran, lined […]