News - Page 56

Allen & Overy’s revenue exceeds £2bn as managing partner resigns for personal reasons

Turnover ahead of proposed Shearman merger grows 7% but PEP falls slightly to £1.82m

Shoosmiths quits private client market as 41-strong team transfers to Midlands firm

Group joins recently launched Rothley Law in deal financed by litigation funder Harbour

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News | UK

Ashurst grows revenue by 10% to £879m but PEP edges down

High inflation and rising costs sees PEP dip 0.4% from 2022’s record high of £1.175m

Writer and performer Sarah Silverman joins class action lawsuits against OpenAI and Meta

Creators of ChatGPT face a spate of copyright infringement lawsuits

Skadden hires ex-Pentagon special counsel to co-lead cybersecurity team

David Simon joins in Washington DC from leadership role at Mayer Brown

Sullivan & Cromwell adds former USPTO head and federal circuit judge

Andrei Iancu and Kathleen O’Malley join from Irell & Manella to bolster US firm’s patent practice in Los Angeles and Washington DC

Wolf Theiss adds 27-lawyer corporate team in Poland from Wardyński & Partners

Hires see European heavyweight more than double Poland lawyer headcount and open second office in the country in Poznań

‘A life of meaning’ – influential Law Society of Singapore president dies, aged 57

Adrian Tan continued in his role despite undergoing treatment for cancer

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Reed Smith and Arthur Cox called in for Bonnier News’ strategic investment in Ireland’s Business Post Group

Deal sees Europe’s largest business newspaper publisher enter Irish market

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DWF in talks over sale to private equity firm

Listed UK firm ‘minded to recommend’ offer if tabled by Chambers and Partners owner Inflexion

Former acting deputy USPTO director moves to O’Melveny

Veteran government litigator Coke Morgan Stewart joins firm’s Washington DC office

Knights ups revenue 13% to £142m as acquisitions continue

Listed firm hails “resilient performance against a challenging backdrop” as underlying profit before tax rises nearly a fifth to £21.6m

Bryan Cave Leighton Paisner names co-chair Steve Baumer as new global CEO

Fellow co-chair Lisa Mayhew will stand down as the firm moves to a single leadership structure

Plexus Law sold out of administration saving 540 jobs

National defendant insurance firm is acquired by owner of AxiomDWFM and Ince & Co

Sullivan & Cromwell tops M&A rankings in H1 as deal making tumbles to three-year low

First half deal value is lowest since 2020 but activity picked up 33% in Q2 compared to Q1, according to Refinitiv

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News |

Around the house: Google parent’s health business hires new GC, ex-ITV lawyer takes CLO role at Arqiva

This week’s roundup of top in-house moves also includes appointments at SiriusPoint, Bambee, SIG Sauer and GPS Capital Markets

Linklaters hires Norton Rose Fulbright arbitration partner in Singapore to lead Asia team

Andrew Battisson has returned to a Magic Circle UK firm having first made partner at Allen & Overy

Baker McKenzie ups London NQ lawyer pay to £118k

Seven percent increase sees Bakers overtake London rivals like Slaughter and May and Macfarlanes but stay behind most of Magic Circle

HFW rings in record results as revenue grows 13% against 17.5% jump in PEP

Profit per equity partner hits £786k as UK-headquartered firm grows revenue in every group and region in first year of new strategy

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