As financial results season enters the home straight, Scottish leaders Burness Paull and Brodies, as well as London-based disputes firm Stewarts, have announced strong increases to their top and bottom lines. Burness Paull has unveiled a bullish set of financial results, with a 9% rise in turnover to £78.6m and a 7% hike in profit to …
Restructuring, real estate, corporate and employment were the focus of the lateral hiring game this week, as firms returned to recruitment with renewed vigour. The headline move was at Freshfields Bruckhaus Deringer, where Lisa Stevens arrived from Kirkland & Ellis. The move sees Stevens break her streak of working for US firms, having trained at …
As financial results season continues apace, Linklaters today (9 August) joined Magic Circle peers in showing its hand, posting a 6.5% uptick in revenue to £1.783bn. Pre-tax profit also saw a comparable increase of 7% to £871.7m. That translated to a 5.4% rise in profit per equity partner (PEP), which reached £1.87m, and a 4.5% …
Dentons has become the latest firm to post encouraging financials for 2021/22, announcing a robust 14% increase to its top line across its UK, Ireland and the Middle East (UKIME) business, which reached £260.4m. Much of the growth was driven by a surge in corporate activity, with the UK corporate group seeing revenues hike by …
US powerhouses and City stalwarts alike have been up against it in the last week, departing from the traditional August lull to push through substantive deals in the health and facilities management sectors. Clayton, Dubilier & Rice (CD&R), the private equity house that bought supermarket giant Morrisons last year, has announced it plans to acquire …
Addleshaw Goddard has credited its increased European footprint for the promising financial results released today (3 August), which saw revenue rise by 18% to £377m, and an increase in profit by 16% to £155m. Regional revenue performance is also testament to the firm’s improvement in Europe. Though UK turnover was up a solid 15%, it …
As summer holiday season kicked in amid a quieter lateral market, Shearman & Sterling dominated this week, with the Wall Street stalwart announcing three partner hires across its European offices. In London, the firm enlisted project development and finance partner Julia Derrick. A specialist in M&A and commercial contracts in the oil and gas sector, …
Fieldfisher today (26 July) confirmed a ninth consecutive year of growth, showing a solid 15% firm-wide revenue increase to £330m. Profit per equity partner (PEP) at the firm was even more buoyant, topping the £1m mark for the first time as it jumped 22% to £1.05m. At a UK level, the firm recorded a 17% …
Continue reading “Fieldfisher sees 15% turnover growth as PEP tops £1m”
CMS is the latest cab off the rank in unveiling its financial results, today (21 July) announcing global revenues of €1.746bn, a healthy 18% hike over 2021/22. The UK top line also saw solid growth, rising 14% to £644m. The numbers make the firm one of the few to see greater growth in the last …
Continue reading “Financials 2021/22: CMS rebounds from quiet year with double-digit revenue growth”
RPC has posted mixed 2021/22 financial results, today (20 July) unveiling a 10% increase in revenue across its London, Bristol, Singapore and Hong Kong offices to £149.4m, albeit with a decline in profits.. Though the revenue figures are impressive, the firm was not able to maintain the level of growth seen in 2021, during which …
