Sinead O’Shea, Simpson Thacher Showcasing a striking client list that includes the likes of KKR, Viridian, JPMorgan, First Reserve, Silver Lake, BlackRock and Blackstone, Simpson Thacher’s Sinead O’Shea is at the top of her game. Having qualified in Ireland, O’Shea has worked in the firm’s New York and Hong Kong offices. ‘Moving to Hong Kong …
Karen Hendy, RPC While horror stories have become increasingly rare in recent years, RPC’s head of corporate Karen Hendy recounts an awkward story from early in her career when she was the only woman present in a meeting room. ‘One of the partners looked at me and asked me where my corporate partner was. The …
I wasn’t sure what I wanted to be when I was growing up. I went through periods of thinking maybe I’d become an architect. There’s also this amazing magazine in Australia called Gourmet Traveller. It’s about food and travel, and I thought it would be quite nice to be a journalist for them. I still …
August’s reputation as a slow month for lateral hires has been turned on its head in recent weeks, particularly considering the shock departure of debt finance rainmaker Neel Sachdev from Kirkland & Ellis. In what is one of the biggest City law moves in the last five years, Sachdev moves to Paul Weiss, taking with …
Continue reading “Kirkland departures rack up as Paul Weiss makes major London and New York plays”
Following Slaughter and May’s July announcement that it would be setting ambitious social mobility targets for 2033, Holly McKechnie spoke to Magic Circle peers to see how they are each approaching the issue Slaughter and May has pledged to increase its representation of individuals with a lower socioeconomic background (LSEB) by 25% across its total …
Continue reading “The social mobility conundrum: a quantitative or qualitative approach?”
Kingsley Napley has reported an 11% rise in revenue to £61.2m from £55.2m, an all-time high for the firm. However, profit per equity partner (PEP) fell dramatically by 33% to £226,000 from £337,000 last year. Speaking to Legal Business about the reasons behind the fall in PEP, managing partner Linda Woolley (pictured) said: ‘We brought in …
TLT has reported a 9% rise in revenue to £157m from £144m last year. This follows a standout year in 2021/2022, which saw turnover rocket by 30%. However, the firm has seen profit per equity partner take a dramatic dip, falling 27% to £600,000 from last year’s £826,000, while equity partner headcount has increased marginally …
Continue reading “Financials 2022/23: Revenue up 9% at TLT but PEP dives 27%”
Leading the high-profile moves last week, Paul Hastings has expanded its energy and infrastructure practice with the hire of Alistair McKechnie after a string of recent prominent hires that include Jessamy Gallagher and Stuart Rowson. McKechnie specialises in infrastructure finance and acquisition finance. Speaking to Legal Business about the move, McKechnie he said: ‘There is …
A turbulent year of partner losses has culminated in disappointing financials for Travers Smith as revenue edged up only 1% to £197.5m from £195m in 2021/22. Profit per equity partner (PEP) too was flat at £1.1m compared to last year’s £1.105m after a 9% drop in 2021/22 from £1.22m.
Freshfields Bruckhaus Deringer today (26 July) announced its 2022/23 financial results, marking a seventh consecutive year of revenue growth for the firm. Its revenue has increased by 8% to £1.84bn from £1.7bn in the previous financial year, a similar increase to last year’s 10% rise. Freshfields is the last of the four international magic circle …
Continue reading “‘The strategy delivers’: Freshfields sees 8% revenue rise but PEP growth stalls”
