No more weak links – elite law firms unite to fight cyber security threat

It has long been a gripe among major clients – in particular banks – that law firms are the chink in the armour against the growing barrage of cyber attacks. In response, some of the world’s top law firms are banding together to form a cyber security alliance to share intelligence on threats, specific attacks …

US results: Shearman sees solid City growth but US stalls after rebound year; Gibson surpasses $3m PEP

Following a rollercoaster ride over the past few years, Shearman & Sterling has unveiled financial results showing moderate but steady growth in 2014 as profit per equity partner (PEP) rose 5.8% on 3% turnover growth. Meanwhile, Gibson, Dunn & Crutcher had its 19th year of consecutive revenue increases with a 6% lift to $1.47bn.