‘A clear shift toward fewer but larger deals’ – mega-deals fuel growth as partners predict 2025 M&A trends Elisha Juttla Leading M&A partners are predicting an increase in deal activity in 2025 driven by sectors including tech, financial services and…
The Last Word: Capital call Legal Business ‘Whilst we’re very much plugged into the global firm and there’s lots of synergies and certainly a very clear industry…
After the party – market slowdown pushes US leaders to take stock in London Ben Wheway The easy narrative is that the party is over. After years of rapid expansion by international law firms in London,…
McDermott hires London M&A partner from Cooley as global revenue nears $2bn mark Elisha Juttla McDermott has announced today (28 February) that Michal Berkner has joined the firm as a partner, bolstering its transactions practice…
‘Stunning achievement’: revenue and profit surge at Quinn’s London office Alex Ryan Quinn Emanuel Urquhart & Sullivan posted an impressive set of 2023 financial results for its London office today (10 January),…
Weil set for new London leadership as longstanding office head Mike Francies prepares to step down Alex Ryan Longstanding Weil Gotshal & Manges London managing partner Mike Francies is set to step down after more than 20 years…
Skadden goes organic with three City promotions as investment intensifies in London Nathalie Tidman Skadden has made up its largest haul of new partners in London since 2008, a further showing of support for…
‘Reloaded, but not in time’: Dechert defends revenue and profit dip as Mayer Brown inches past $1.5bn turnover Nathalie Tidman As the financial reporting season for Global 100 firms gathers pace, some less eye-catching financial results have emerged, with Dechert…
‘Growth in the offing’: Cooley’s City turnover hit by IP team exit as PEP tops $3m Nathalie Tidman Cooley’s London office has suffered a 4% revenue drop following the loss of its intellectual property team amid a striking 25% surge in PEP…
Rude health: White & Case City revenue soars 18% and PEP cracks $3m to defy Covid Nathalie Tidman White & Case has traversed the pandemic minefield to reveal its strongest City financial results yet, with the London office…
US march into London continues as Armstrong Teasdale completes acquisition Tom Baker Missouri-bred Armstrong Teasdale has made an ambitious London launch via the acquisition of Kerman & Co and its 50 lawyers…
Akin Gump defies annus horribilis with 19% City revenue hike amid restructuring boom Nathalie Tidman It is often said that the legal industry excels in extreme market conditions and Akin Gump Strauss Hauer & Feld’s 2020…
Quinn Emanuel defies crisis with striking 27% spike in City turnover Tom Baker Showing no sign of pandemic-induced slowdown, US-bred dispute resolution specialist Quinn Emanuel Urquhart & Sullivan has hiked London revenues by…
‘An easy decision’: Sidley London private equity team lands at Goodwin Nathalie Tidman Goodwin’s already eye-catching City office has pulled off another coup, attracting the storied Sidley Austin private equity team led by…
The Last Word: F=MA Legal Business ‘I think – and I say this as the pessimist – we will easily move ahead on our strategy.’ Frances…
Kirkland remains world’s highest-grossing law firm in becoming first to surpass $4bn Nathalie Tidman Kirkland & Ellis has added $390m to its top line to trounce Latham & Watkins once again as the world’s highest-grossing…
Steady global growth for Reed Smith outpaces a subdued year in the City Thomas Alan Reed Smith produced a comparatively muted showing in the City last year, with global revenues seeing the more meaningful gains.…
London lags global growth as Debevoise turnover breaks $1bn barrier Thomas Alan US firm Debevoise & Plimpton has increased London revenue almost 9% following a strong year in which global turnover broke through…
Goodwin’s City arm hikes revenue 11% to $74m on the back of lateral bonanza Nathalie Tidman In another robust year for Boston’s Goodwin, its ever-expansive City arm has seen turnover lift 11% to $74m amid a…
Akin Gump falls short of last year’s City revenue surge amid global growth and lateral push Nathalie Tidman The London office of Akin Gump Strauss Hauer & Feld may have failed to maintain 2018’s pacy revenue growth of…
