Legal 500 Hall of Famer Satnam Tumani, previously head of the SFO’s anti-corruption and bribery unit and a longstanding partner at Kirkland & Ellis, recently moved to boutique firm Edmonds Marshall McMahon. He spoke to LB about his brief to build a new practice, the contrasts between Big Law and boutique law, and his nostalgia …
Keystone Law has released its financial results for 2023-24, posting a 15.1% revenue boost to reach £87.9m. The results, which cover the financial year to 31 January 2024, come after a sustained period of recruitment for the firm, which is continuing to sign up lawyers attracted to its non-traditional, decentralised model.
In the contest for the biggest legal story of the moment, the A&O Shearman merger may be more transformational for the firms involved, but it is fair to say it has not quite captured the imagination like Paul Weiss’s dramatic and audacious hiring spree in London. ‘The question is whether a firm can genuinely build …
Continue reading “Market forces: Paul Weiss, Kirkland and the war for London talent”
Sidley Austin has continued its decade-long streak of growth in London, posting a 12.4% hike to reach $209.7m, with firmwide revenues reaching the $3bn mark. While global revenues grew 6.1% on last year, with profit per equity partner (PEP) up 10.3% to $4.6m, the Chicago-headquartered firm’s London office stood out with another year of double-digit growth.
Allen & Overy has hired its second partner from the London arm of Milbank so far this year, bolstering its restructuring practice with the addition of partner Karen McMaster. Recognised as a leading individual in The Legal 500, McMaster leaves Milbank after six years at the US firm.
Following his initial appointment to lead Baker McKenzie’s London office in 2021, managing partner Ed Poulton has been re-elected for another three-year term, starting from July. Speaking to Legal Business, he described the process of being re-elected as ‘relatively straightforward’. ‘We conduct soundings so that the partners get a chance to speak to a small …
Paul Weiss has broken through the $2bn global revenue mark, posting a 10.8% hike on last year, as the firm’s bold London recruitment drive continues to make headlines. The firm’s 178 equity partners took home an average of $6.5m in 2023, with profit per equity partner (PEP) up 14.8% from $5.73m the previous year.
Sidley Austin private equity partner Lyndsey Laverack on changing attitudes towards mental health in the legal profession and how women are making inroads into practice areas traditionally dominated by men
From growing up in a Barnsley mining community to making the tea as a junior lawyer, Greenberg Traurig’s Kathryn Garbett reflects on a shifting landscape for women in law over her rise to City partner
Leading the high-profile moves this week, Rebecca Perlman has joined Kirkland & Ellis’ ESG and impact practice group in London as a partner. Perlman leaves behind a 12-year tenure at Herbert Smith Freehills, where she was head of the firm’s UK, US, and EMEA operations and global head of sustainable and impact investment. Perlman brings …
