Sidley Austin has seen its London turnover boosted by 17% in 2016, hitting £75.2m for the firm’s last financial year, while other US shops paint a mixed picture in Legal Business’s Global London Report.
Sidley Austin’s solid year follows a year of extensive lateral recruitment, having landed a six-partner private equity and finance team from Kirkland & Ellis in March 2016, the Chicago outfit saw City revenue grow from £64.2m to £75.2m. The firm made a total of 12 partner level hires last year, with hires from firms including Kirkland; Linklaters; Cravath, Swaine & Moore; Paul Hastings; Willkie Farr & Gallagher; and DLA Piper.
