The Legal 500 Future Lawyers News
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‘Outcome still satisfactory’: revenue, profit and PEP drop at Macfarlanes as Mishcon continues growth
Macfarlanes has posted results that show declines in turnover, profit, and PEP for the past financial year. Turnover dropped 2% to £296.6m, while operating profit fell 6% to £151.4m. The …
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‘Improving growth has not been an easy task’: HSF posts record financials amid challenging conditions
Herbert Smith Freehills has marked a decade of consecutive annual growth with its latest financial results, posting the highest revenue, profit and PEP in the firm’s history. Revenue has increased …
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A&O managing partner Price departs pre-merger as revenue passes £2bn
Allen & Overy has announced the shock resignation of managing partner Gareth Price amid a set of financial results that saw the Magic Circle firm break £2bn in revenue for …
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Financials 2022/23: Taylor Wessing sustains global growth for fifth year in a row
With the financial reporting season in full swing, Taylor Wessing has unveiled its latest results, becoming a €500m firm for the first time. The firm experienced slower growth compared to the previous …
Continue reading “Financials 2022/23: Taylor Wessing sustains global growth for fifth year in a row”
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Financials 2022/23: HFW posts best-ever results
HFW has posted its best-ever financial results for the financial year 2022/23. After a slight dip of 1% to £198.7m in 2022, revenue climbed by more than 13% to £225.3m. …
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‘A powerful position’: Youle succeeds Trivedi as Skadden London head
Rich Youle, Skadden’s much-admired co-head of private equity, has taken over from Pranav Trivedi as the head of Skadden’s London office. Youle (pictured) took the helm on 1 July and …
Continue reading “‘A powerful position’: Youle succeeds Trivedi as Skadden London head”
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Ince unable to pay creditors in full as administration draws to a close
Following their appointment as joint administrators for Ince on 28 April 2023, Andrew Hosking and Sean Bucknall of Quantuma Advisory have filed a statement of administrator’s proposal (the Quantuma proposal) at Companies …
Continue reading “Ince unable to pay creditors in full as administration draws to a close”
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‘An excellent foundation from which to build’: Clifford Chance appoints new office managing partner in New York
Less than two weeks after Clifford Chance revealed the opening of a new office in Houston, the firm has announced the appointment of long-time CC real estate lawyer Ness Cohen as managing partner …
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‘I want the firm to be more ambitious and more confident’: Stephenson Harwood rebounds with double-digit revenue growth
Stephenson Harwood has reported an 11% rise in turnover to £228m from £206m for 2022/23, the firm’s highest-ever revenue. It comes after the firm reported largely flat financials for the year …
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‘Our clients led us to Houston’: Clifford Chance launches energy-focused Texan office as part of US expansion plans
Clifford Chance has opened a new office in Houston, bolstering its global energy and infrastructure practice in the US. The firm has hired seven Houston-based partners to join the office, including …
