More than half of the UK’s 100 largest law firms posted double-digit revenue increases for the last financial year, with the group bouncing back from a jittery 2022-23 to drive total turnover to a new high of £37bn. Data collected for the latest LB100 – which spans firms from the now-£3bn DLA Piper to £40m …
When it comes to rating and ranking the best law firms, there’s no shortage of metrics to choose from. Whether it’s revenue, partner profits, headcount or law firm rankings (and there are well-worn arguments about the relative merits of all of these), the information is out there for market-watchers to make their assessments. But what …
What do clients really think about the service they get from your firm? Every year, the Legal 500 asks hundreds of thousands of clients how they rate firms on a range of metrics, including lawyers and team quality, value, billing, and industry knowledge. The scores we collect allow us to benchmark firms against each other – this …
Continue reading “The Client’s View on DLA Piper – how do your lawyers score?”
The data doesn’t lie – it’s been a good year for the Global 100. Eighty-eight of the world’s largest firms posted revenue increases last year, with many enjoying record results, and total revenue across the group rose by more than 6% to break through the $150bn mark for the first time. As to what was …
Continue reading “The customer is always right – which firms do clients rate most highly?”
Since the A&O Shearman merger went live in May, there has been no shortage of market speculation about which transatlantic duo would be next to tie the knot. However, few had predicted Monday’s (11 November) news that Herbert Smith Freehills is set to combine with New York’s Kramer Levin, a deal which will create a …
Continue reading “Herbert Smith Freehills set for $2bn transatlantic merger with Kramer Levin”
Freeths, Freshfields and Vodafone were among the big winners at this year’s Legal Business Awards, which were revealed to a packed house at London’s Grosvenor House Hotel. Twenty-seven prizes were handed out on the night, with the event hosted by BBC journalist, broadcaster and Mastermind host Clive Myrie and introduced by global head of research …
Continue reading “Freeths, Freshfields and Vodafone take top prizes at Legal Business Awards 2024”
Freeths, Freshfields Bruckhaus Deringer and Vodafone were among the big winners at this year’s Legal Business Awards, which were revealed last night to a packed house at London’s Grosvenor House Hotel. Twenty-seven prizes were handed out on the night, with the event hosted by BBC journalist, broadcaster and Mastermind host Clive Myrie and introduced by global …
Continue reading “Freeths, Freshfields and Vodafone take top prizes at Legal Business Awards”
Cooley has moved to bolster its London ranks following a number of recent senior departures with the hire of a trio of partners from Taylor Wessing, Goodwin and White & Case. The US firm has recruited Angus Miln, Ali Ramadan and Helen Pantelides, all of who will join the emerging companies and venture capital (ECVC) …
Continue reading “Cooley takes Taylor Wessing, Goodwin and White & Case partners in London rebuild”
Fifteen years of Legal 500 data offers big-picture view of Stateside elite’s relentless advance into London private equity arena Of all the London legal markets to have been upended by competition from across the pond, private equity offers perhaps the strongest evidence of how US firms have made their mark in the City.
‘Challenging market conditions’ – a quick search of the LB news archives finds that phrase, or some variation of it, coming up time and time again over the years. But while the legal industry has faced many challenges since the turn of the century, from the global financial crisis to Brexit, Covid and beyond, the …
Continue reading “Rising to the challenge – tough market rewards for firms with clearest focus”
