Revolving doors: Two out, two in at Kirkland, as A&O sees first exit following merger approval
London fraud specialist Andy McGregor has become the first partner to leave Allen & Overy since partners voted in favour…
It’s a ‘yes’ from them – A&O and Shearman partners vote through landmark $3.5bn transatlantic deal
Allen & Overy (A&O) and Shearman & Sterling are set to go ahead with their transatlantic merger, after partners at…
Weil set for new London leadership as longstanding office head Mike Francies prepares to step down
Longstanding Weil Gotshal & Manges London managing partner Mike Francies is set to step down after more than 20 years…
A&O Shearman merger vote to kick off this month as pensions issues overcome
Allen & Overy and Shearman & Sterling today (18 September) announced that their respective partnerships will start voting on their…
Revolving doors: Firms build up London deal teams as Keystone hires six new partners
Amid a recent spate of senior deal lawyer appointments, McDermott has brought former Kirkland & Ellis partner Usman Khan into…
Dealwatch: Big-ticket life sciences activity picks up again as overseas investors buy into the UK
The broader life sciences sector saw a spate of deal activity in recent weeks, with two acquisitions over the billion-dollar…
‘The investment opportunity of a lifetime’: could a booming infrastructure sector offer firms a route into high-value transactional work?
According to Dealogic, 2023 saw the lowest Q1 global deal volume and value since 2012, with just 9,400 deals worth…
The Client Profile: Sebastian Goldsmith, Medigold Health
‘I came into law by accident,’ admits Sebastian Goldsmith, general counsel (GC) of occupational health service provider Medigold Health. ‘I…
Magic Circle in the US: Running to stand still
‘There are more than 40 US law firms that are more profitable than the Magic Circle. The Magic Circle firms…
Revolving doors: Shake-ups at Kirkland and Paul Weiss, as Fieldfisher picks up competition team hire
Kirkland & Ellis was at the centre of not one but two of the biggest stories in the London lateral…
Revenue and PEP plummet at Stewarts as ‘non-linear growth’ continues
Litigation specialist firm Stewarts today posted financial results that saw revenue fall by 25% to £85.1m. Net profit and PEP…
‘Good growth in a challenging market’: Bird & Bird notches 31st consecutive year of growth as turnover hits £495m
Bird & Bird today (3 August) posted a strong set of financial results showing growth in revenue, profit, and PEP.…
Financials 2022/23: Revenue up 9% at Charles Russell Speechlys as firm targets overseas growth
Charles Russell Speechlys today (2 August) posted financial results that saw revenue tick up by 9% to hit £193.7m, while…
‘Testament to the enduring strength of our strategy’: Clyde & Co reports increase in revenue and profit as BLM merger beds in
Clyde & Co today (1 August) reported a 22% increase in revenue to £786.6m – a combination of 6% organic…
A&O names Garousha interim managing partner ahead of Shearman merger vote
The board of Allen & Overy has chosen Abu Dhabi capital markets partner Khalid Garousha (pictured) as interim global managing…
‘Outcome still satisfactory’: revenue, profit and PEP drop at Macfarlanes as Mishcon continues growth
Macfarlanes has today (24 July) posted results that show declines in turnover, profit, and PEP for the past financial year.…
Mixed bag for Clifford Chance as it joins the £2bn revenue club but profits and PEP stall
Clifford Chance (CC) today (19 July) became the second Magic Circle firm to post revenues in excess of £2bn after…
‘Pleased to have continued our upward trajectory’: Shoosmiths continues revenue and profit growth
Legal Business Law Firm of the Year Shoosmiths has today (19 July) reported another year of growth, with a 7%…
‘We’re very pleased with the results’: double-digit revenue growth for Simmons as PEP holds steady
Simmons & Simmons has today (13 July) reported revenue growth of 12%, up to £521m from last year’s £465m, double…
A&O managing partner Price departs pre-merger as revenue passes £2bn
Allen & Overy today (13 July) announced the shock resignation of managing partner Gareth Price amid a set of financial…