We’ve gone a little US-mad here at The Lawyer, where you’ll find all we’re talking about is the long-awaited Top 30 International firm’s in London table.
Call us sad if you will, dear reader, but at least give us the pleasure of treating you to a Monday lunchtime stat attack. We promise to give you the juicy bits of this year’s US firms in London table faster than you could say Jiminy Cricket. Promise.
Ready? Read fast:
1. Just 16 per cent of partners at US firms in London are women, with various sources blaming the City’s ‘male dominated’ lateral hiring market as one of the areas blocking gender diversity. Edwards Wildman Palmer was one of the firms with the lowest proportion of female partners while Bingham McCutchen had the highest.
2. Of The Lawyer’s top 30 international firms in London listing this year, all but seven saw their UK revenues rise in 2012, with 27 firms also featuring in last year’s list. Fancy that.
3. New entrants to the top 30 table this year include Quinn Emanuel Urquart & Sullivan ($45.3m), Arnold & Porter ($42.7m) and Ropes & Gray ($40m). The US’s most successful revenue-churners in the UK – Baker & McKenzie ($199.1m), White & Case ($199.1m) and Latham & Watkins ($197.5m) – remain at the top.
Also on The Lawyer:
- Latham & Watkins, Linklaters and West End firm Joelson Wilson have advised on Carlyle Group’s purchase of London minicab group Addison Lee, a deal reported to be worth £300m
- Allen & Overy has come out at the head of a new ranking of foreign law firms’ Indian practices, narrowly beating magic circle rival Linklaters
- Olswang has followed the re-election of David Stewart as chief executive officer with a wholesale overhaul of its governance structure that will see a new eight-person executive committee run the firm from 1 May