Laterals hires have continued on both sides of the pond as UK firms make inroads in the US. Just months on from its London inception at the start of the year, Pallas Partners has announced the launch of US operations with the hire of Duane Loft in New York. Loft, who specialises in restructuring and …
Commercial property developer Land Securities Group (Landsec) has unveiled its revamped property legal panel, expanding its roster from seven to nine firms as it aligns its legal service providers with its new emphasis on mixed-use urban neighbourhoods. Cripps and Gowling WLG are new additions from its last review in 2016, while Bryan Cave Leighton Paisner, …
Continue reading “Adviser review: Cripps and Gowling WLG win spots on Landsec’s expanded panel”
As financial reporting season enters full swing, Taylor Wessing has become the latest firm to report punchy double-digit growth for 2021/22, with UK revenue surging 25% to £219.3m. UK profits also increased 32% to £93m while UK profit per equity partner (PEP) has reached a record high, increasing by 27%. The firm did not disclose …
The demand for finance, private equity and technology expertise continues to drive London lateral recruitment. In the most notable coup of the week, Paul Hastings is set to welcome Latham & Watkins’ banking vice-chair Ross Anderson and fellow partners Mo Nurmohamed, Karan Chopra and Rob Davidson. Although a rare group defection from Latham, this continues …
The international recruitment market remains buoyant with transactional hires dominating. US giant Goodwin has continued its bullish growth strategy into 2022, following its dramatic expansion in 2021 that saw nine lateral hires in London alone. This week, the firm bolstered its financial regulatory expertise with the addition in London of Andrew Henderson from Macfarlanes and …
Continue reading “Revolving doors: Linklaters loses three while Goodwin makes global gains”
‘Two years ago, if you asked top firms about their ESG credentials they would tell you about the beach clean-up they organised or how they don’t use plastic bags. Now everyone’s got an ESG website and I’m sure many have made statements they wish they hadn’t.’ The words of Ben McQuhae, founder of specialist sustainability …
Continue reading “The ESG report – Overview: Turning on a greenback”
I acquired through reading an interest in justice and the role law could play. One book I read in my late teens was influential. In the Spirit of Crazy Horse by American journalist and author Peter Matthiessen. Written in 1983 about an individual who was part of the American Indian Movement called Leonard Peltier. He …
Robust revenue and profit growth for UK and US firms First to report on a 2021 calendar-year basis, US firms set a high bar for impressive gains as robust financial results were released. Another bumper year for private equity saw Kirkland & Ellis retain its title as the world’s highest-grossing law firm with revenue exceeding …
After a year of ambitious international growth, Kennedys has posted record revenue of £286m, up 8% on last year, despite sluggish 1.4% UK growth. In the last year, the firm added 18 lateral partner hires, and made up 22 new partners globally. In characteristically expansive mode, Kennedys also opened three new offices globally as well …
Continue reading “US expansion drives record revenue at Kennedys as Weightmans’ profits soar 25%”
US firms have dominated transactional recruitment this week while UK-headquartered peers have focused on bolstering their disputes capabilities. Paul Hastings continues its auspicious London growth trajectory, which saw its City revenue surge 41% in 2021/22, with a dual partner hire. The firm announced the addition of Jason Brooks to its structured credit team this week …
Continue reading “Revolving Doors: Paul Hastings adds two as McDermott boosts energy expertise”
