Ashurst sets sights on US growth as revenue nears billion-pound mark
Ashurst is targeting expansion in the US as the firm announces financial results that show profit per equity partner reaching a record high and turnover just shy of £1bn.
Brodies and Shoosmiths among firms reaching new revenue highs as results season continues
A clutch of major law firms have continued the trend for strong 2023-24 results, with Brodies, Shoosmiths, Clyde & Co and Watson Farley & Williams among the latest to reveal healthy financial figures.
‘Clients are not only seeking legal expertise but also looking for firms that practice what they preach’ – ESG Q&A: Herbert Smith Freehills
Could you share some examples of innovative ways Herbert Smith Freehills is working with clients in the ESG space? Silke Goldberg: At Herbert Smith Freehills, we are actively engaging with our clients in the ESG space through innovative tools like our Global ESG Tracker and ESRS Navigator.
‘We’re not Real Madrid signing the best player in the world every year, that’s not what we do’ – Skadden London head Youle on scaling up London
Skadden London head Richard Youle on a year in management and scaling up London Skadden-style.
Working in a warzone
More than 10,000 civilians have been killed in Ukraine since Russia first invaded in February 2022 according to the UN. And, as highlighted by this week’s airstrike on Kyiv, in which more than 40 people lost their lives, the war is far from over. But despite the ongoing conflict, law firms in the country remain …
Legacy Allen & Overy sees profits soar in final year pre-Shearman merger as revenue edges up
Legacy Allen & Overy saw revenue nudge up 3.4% in the last financial year before its transatlantic merger, against a surge in profits that took average PEP to £2.2m.
‘We’ve had our best year ever in the UK and US’ – Linklaters breaks £2bn revenue barrier with double-digit growth
Linklaters has become the first magic circle firm to announce its 2023-24 financial results, breaking through the £2bn mark for the first time after a double digit increase in revenue.
ESG: Evolution or revolution?
Jonathan Bower, partner, planning and infrastructure team leader and partner lead for net zero by 2030 strategy at Womble Bond Dickinson, sets out the case for a clear ESG vision with a focus on inspiring behavioural change Historical events have often led to transformative changes. The Industrial Revolution was one such moment and, today, we’re …
Greenberg makes triple Pinsents partner hire in international arbitration push
A trio of Pinsent Masons international arbitration partners are set to leave the firm for Greenberg Traurig, Legal Business can reveal.
Ex-A&O banking chief Bowden exits for Proskauer as US firm snaps up City finance quartet
A&O Shearman banking heavyweight Philip Bowden, the former co-head of legacy A&O’s global banking practice, has left the newly merged firm to join Proskauer as part of a four-partner raid by the US firm.