Brodies has posted a 7.5 per cent rise in fee income for its financial year to 30 April, the Scottish firm’s 14th consecutive year of revenue growth. Turnover rose from £106.3m to £114.3m. The bottom line grew less significantly, with operating profit up by 1 per cent from £48.6m to £49.2m and average profit per […]
Revenue at Hill Dickinson reached £141.3m last year, subject to audit, while net profit exceeded £50m. The firm grew revenue by 9 per cent, up from the previous year’s £129.6m. Hill Dickinson has now grown 56 per cent from the £90.5m it generated in 2019, marking six years of consecutive growth. All three of the […]
Dentons has cut carbon emissions equivalent to charging 14,500 smartphones by adopting sustainable legal practices with key client Defra. This initiative, termed the “low carbon blueprint”, was developed with Defra’s legal department – Defra Legal Advisers – which is part of the Government Legal Department (GLD) that advises the Department for Environment, Food and Rural […]
Clyde & Co has seen its global topline grow by 10 per cent over 2023/24, rising from the previous year’s £788.6m to £845m. In its second full financial year since its £11m acquisition of BLM, the firm’s profit has also increased by 3 per cent to £174.4m. The UK now accounts for 47 per cent […]
Clifford Chance has released a statement saying it is “in shock and deeply saddened” as one of its New York partners remains missing following the sinking of superyacht Bayesian yesterday. Christopher Morvillo, a white collar and investigations partner based in New York, joined Clifford Chance in 2011 from Morvillo Abramowitz Grand Iason Anello & Bohrer. […]
Two former directors of retailer BHS have been found liable for over £110m in a judgment handed down yesterday (19 August) by Mr Justice Leech at the High Court. This comes as part of one of the largest insolvency litigation set pieces that went to trial through the end of last year and the beginning […]
Linklaters has made its first lateral hire in Sweden for two years, recruiting a new head of its banking and finance practice from White & Case. Magnus Wennerhorn joins the magic circle firm having previously been co-head of White & Case’s debt finance practice in the Swedish capital. Wennerhorn spent almost two decades at his […]
The cash boom that many firms enjoyed during the Covid-19 pandemic has been replaced with a surge in borrowing as costs rise and firms ready themselves for equity partner tax reforms. Early analysis of 2023/24 reveals that at least 20 per cent of the UK200 firms (43 of 200) increased their borrowings last year, while […]
The CEO of Danish big five firm Bech-Bruun is set to leave the firm later this year, marking the latest in a number of exits the firm has seen in 2024. Christian Ejvin Andersen formally resigned from the firm this month and will see out a six-month notice period. He joined Bech-Bruun in 2014 from […]
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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And just like that, the Olympics are coming to an end. A bit of a comedown for many, but not for the sports lawyers of Northridge Law. Within the space of two Olympic cycles, the sports boutique has cemented itself as, just possibly, the most heavyweight sports team in the country, hop, skipping and jumping […]
An old-school Lincoln’s Inn firm with royal connections. A media-savvy employment specialist. And a full-service regional outfit with a non-lawyer CEO. The similarities aren’t immediately apparent but Farrer & Co, Lewis Silkin and Birketts all passed £100m in revenue in 2023/24, leaving rivals trailing in their wake. That’s what’s so impressive about these three firms. […]
In recent years, Leeds has become a hotbed for new players in the legal arena. And so the burning question old-timers have been asking is: what are their ambitions and how’s that going to affect us? Well, Gowling WLG appears content with its real estate team from Womble Bond Dickinson and has no major expansion […]
The Lawyer’s UK200 has relatively few truly specialist firms. There are a handful of big litigation, personal injury and insurance beasts, like Stewarts, Digby Brown and Keoghs. Sackers focuses on pensions; Stowe and Vardags on family, but the bottom end of the annual ranking of the UK’s largest firms is dominated by regional independents doing […]
Chances are, when asked to name a private equity law firm in the City your first thought would turn to Kirkland, Latham or Simpson Thacher. Hands up who said Sidley? Thought as much. But here’s a data nugget for you. Over the past decade, Sidley’s global private equity-related fee income is thought to have risen […]
A Clifford Chance partner is one of those feared missing after a British yacht sank off the coast of Sicily. Clifford Chance partner Chris Morvillo is among the passengers missing along with former DWF chairman Jonathan Bloomer. The superyacht Bayesian was hit by a powerful storm in the early hours of the morning of Monday […]
Charles Russell Speechlys (CRS) has unveiled its annual salary review for newly-qualified (NQ) solicitors, showing an increase of 3.5 per cent on average. CRS takes on trainee solicitors in its London, Cheltenham and Guildford offices. In London, NQ salaries have increased from £85,000 to £88,000. In Cheltenham and Guildford, NQs receive £62,000, up from £60,000. […]
US giant Simpson Thacher & Bartlett has been referred to the Solicitors Disciplinary Tribunal (SDT) by the Solicitors Regulation Authority (SRA) over allegations relating to failures with anti-money laundering regulations. The SRA alleges that Simpson Thacher failed to have in place a compliant “Firm Wide Risk Assessment” (FWRA) between 2017 and 2023, and between 2017 […]
Mayer Brown’s former head of London private equity, who left the US firm earlier this year, is set to join Bryan Cave Leighton Paisner. Perry Yam is moving to BCLP after eight years at Mayer Brown, where he was head of private equity in London and co-leader of the global corporate practice. Prior to his […]
Revenue growth rebounded at Howard Kennedy last year with turnover up 15 per cent to £74.4m (2023: £64.9m). The double-digit growth is the largest achieved by the firm since 2016, although it is shy of the £80m target set by managing partner Craig Emden upon his re-election in 2021. Emden said the £80m target could […]