Kirkland & Ellis surges ahead as revenue hits $8.8bn and PEP jumps 16% Alex Ryan Kirkland & Ellis put its topline turnover up by 22% to a total of $8.8bn – an increase of $1.6bn…
Reed Smith breaks $1.5bn for the first time as London revenue grows by 15% Tom Cox Reed Smith has hit a key milestone as global revenue hit $1.5bn, up just over 5% from last year’s figure…
Latham & Watkins revenue hits $7bn high as PEP surges 30% Anna Huntley Latham & Watkins saw global revenue surge by 23% in 2024 to a record high of $7bn, with the growth…
‘All the stars aligned for London’: Hogan Lovells closes in on $3bn mark as UK revenues rise 8% Tom Cox Hogan Lovells has posted an 8.7% increase in global revenues to move within touching distance of $3bn, with profit per…
Global 100 2024 Legal Business Overview: G100 defy gloom to pass $150bn While last year saw the Global 100 struggling against market headwinds, this year…
LB100 2024 Legal Business Doubling up: LB100 firms set 10% growth benchmark as more than half pull off double-digit hikes More than half of…
Paul Weiss PEP soars to $7.5m as revenue sees double-digit growth Elisha Juttla Paul Weiss has reported its financial results, with revenue up 32% to $2.63bn from $2bn, nearly tripling last year’s 11% growth.
A good time to be mid-tier: private equity interest on the rise as mid-market thrives Tom Cox The LB100 results for 2023-24 are in, and while the demise of the mid-market has been long forecast, the numbers…
Ashurst sets sights on US growth as revenue nears billion-pound mark Alex Ryan Ashurst is targeting expansion in the US as the firm announces financial results that show profit per equity partner reaching…
Paul Weiss and Kirkland break revenue records amid London lateral shakeout Elisha Juttla Paul Weiss has broken through the $2bn global revenue mark, posting a 10.8% hike on last year, as the firm’s…
Feeling the chill? Kirkland reports just 8% revenue increase for 2022 Alex Ryan Often the bellwether for global law firm financials, the world’s highest-grossing firm, Kirkland & Ellis, has posted muted revenue and…
Still vulgar to talk about money? Three decades have made the industry less coy Nathalie Tidman ‘I don’t think you will get any of the City firms to talk about this sort of thing… You have?…
The price of everything – Law firm metrics cannot measure broader values that will define their future Guest Blog Pinsents senior partner Richard Foley argues the industry needs new benchmarks for success As Legal Business publishes its LB100, it…
Knights talks up selective acquisition policy amid strong first-half financials Hamish McNicol The chief executive of Knights says its listing last June has instilled market confidence in its ability to deliver an ambitious…
Rosenblatt battles Brexit uncertainty in post-IPO financials as it launches litigation funder Tom Baker In its first financial results since the £43m IPO in May, Rosenblatt has recorded a slight uptick in revenue and…
Global 100 ten-year view: Bad timing Mark McAteer In the last boom year in 2008 before the global financial crisis took its toll, the picture was rosy for…
Comment: Slashing to victory – the most dangerous law firm myth Alex Novarese ‘Turnover for vanity, profit for sanity.’ How many times have you heard that phrase or variations of the theme espoused…
Latham surges to become world’s first $3bn law firm… but can Kirkland take its crown? Marco Cillario Latham & Watkins has become the first law firm ever to report revenues over $3bn with the Los Angeles-bred firm adding…
Slashing to victory – the most dangerous myth Alex Novarese ‘Turnover for vanity, profit for sanity.’ How many times have you heard that phrase or variations of the theme espoused…