The Legal 500 Future Lawyers News
-
Allen & Overy suffers ‘data incident’ as ransomware group LockBit claims responsibility
Allen & Overy has confirmed that it has suffered a ‘data incident’. Posts from X user and self-described ‘threat intelligence platform for cybersecurity’ @FalconFeedsio on Wednesday 8 November suggested that …
-
It’s a ‘yes’ from them – A&O and Shearman partners vote through landmark $3.5bn transatlantic deal
Allen & Overy (A&O) and Shearman & Sterling are set to go ahead with their transatlantic merger, after partners at both firms voted overwhelmingly in favour of the union, with …
-
Latham, Macfarlanes and TLT up for the top prize as shortlists unveiled for Legal Business Awards 2023
Latham & Watkins, Macfarlanes and TLT are among the firms competing to be named Law Firm of the Year at this year’s Legal Business Awards. Also shortlisted in the flagship …
-
‘If Zoom is doing it, everybody probably needs to be’: Growing number of US law firms mandate four-days-in-office week
Lawyers adhering to a minimum of four days in the office a week policy is gaining traction among US firms, with Vinson & Elkins now joining the trend, while UK …
-
‘The strategy delivers’: Freshfields sees 8% revenue rise but PEP growth stalls
Freshfields Bruckhaus Deringer has announced its 2022/23 financial results, marking a seventh consecutive year of revenue growth for the firm. Its revenue has increased by 8% to £1.84bn from £1.7bn …
Continue reading “‘The strategy delivers’: Freshfields sees 8% revenue rise but PEP growth stalls”
-
‘Holding ourselves accountable’: Slaughter and May tackles social mobility challenge with 2033 targets
Slaughter and May has stuck its head above the parapet on the thorny issue of social mobility, outlining ambitious targets for 2033, in what will be seen as a bold move …
-
Linklaters sees 2% profit decline as revenue falls short of the £2bn milestone
With financial reporting season in full swing, Linklaters is the latest Magic Circle firm to drop its financial results, reporting a 7% revenue increase from £1.8bn to £1.9bn, seeing it fall just …
Continue reading “Linklaters sees 2% profit decline as revenue falls short of the £2bn milestone”
-
‘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 …
-
‘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 …
-
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 …
Continue reading “A&O managing partner Price departs pre-merger as revenue passes £2bn”
