Freshfields Bruckhaus Deringer has weathered the coronavirus crisis to report a 5% addition to its top line and profit per equity partner (PEP) respectively, a slight return to form after last year’s more subdued showing. The firm said today (30 July) that revenue increased to £1.59bn from last year’s £1.52bn as PEP hit £1.91m – a …
Osborne Clarke has rallied in the face of last year’s Covid-hindered financials to record a 7% international revenue increase to €341m as UK profit and profit per equity partner (PEP) saw double-digit elevations for 2020/21. The global revenue increase from last year’s €318m means turnover has grown a respectable 55% over five years. OC’s UK showing …
Firms ranked 26-50 in the Legal Business 100 – Macfarlanes, TLT and Watson Farley & Williams – have posted a mixed bag of financials for 2020/21. Macfarlanes has enjoyed its eleventh consecutive year of revenue growth amid a double-digit profit uptick and profit per equity partner figures that again bely fears of pandemic reversals. The robust 10% …
‘This level of scrutiny of governance is quite unusual. Historically in deals of this kind, no-one ever used to ask: “What’s going to happen to the workers?” It is becoming more and more of an issue as companies seek to avoid reputational damage.’ The words of Paul Watchman, ESG luminary, senior UN legal adviser and …
Linklaters partners have elected global finance head Paul Lewis as the successor to managing partner Gideon Moore, the firm announced today (15 July). The move sees Lewis, a Linklaters lifer and a partner since 2006, take the helm alongside Aedamar Comiskey, the M&A heavy-hitter who succeeded Charlie Jacobs as senior partner on 1 July.
As Euro 2020 fever well and truly takes hold, the London deal team of Skadden has scored four times in recent days, not least advising Visa on its €1.8bn acquisition of European open banking platform Tink opposite an international team from White & Case. Tapping into the ongoing trend of transactions in the online payments sector, the high-profile …
‘There is such a sense that we need to walk the walk. More so than I’ve ever seen before. This has captured the attention of many senior management partners. People are now taking ESG and diversity and inclusion as seriously as anything else in the firm.’ The view of Doug Bryden, Travers Smith’s head of …
I’m one of three brothers. My middle brother David has just retired as partner of Eversheds. Ever since we were young lads he wanted to be a lawyer, so I had that echo going on. I chose economics, accountancy, politics and law at A-Level. I really enjoyed the politics but also found the law a …
Ashurst has elected formidable M&A veteran Karen Davies to succeed Ben Tidswell as its global chair, making it the latest major law firm to elevate a senior female partner. Davies, who is currently UK head of corporate and a member of the global board, will begin her four-year term as chair in August.
Kirkland & Ellis has nailed its European antitrust ambitions to the mast in the wake of the UK’s exit from the European Union to launch an office in Brussels. Never normally one to be late to the party, the Chicago-bred giant has followed in the footsteps of several peers, many of which have operated a …
