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This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
US firm Kilpatrick Stockton has entered into redundancy negotiations with the majority of staff in its London office as it seeks to restructure the office in the image of its US practice.
After a three-month review, the firm’s executive committee has concluded that the UK practice that it inherited from the defunct Altheimer & Gray does not fit with the firm’s core international business.
“We decided to confront market reality head on by building on our core practice areas and foregoing opportunities in areas less central to our strategic goals,” managing partner Bill Brewster told The Lawyer.
The London office will focus on international arbitration and dispute resolution, intellectual property and international labour and employment law, with a smaller corporate support function.
This leaves the office’s sizeable projects, commercial property and international business practice groups in redundancy negotiations with the executive committee.
Kilpatrick is primarily known for its intellectual property, real estate and employment practices in the US but in the UK the 14 partners and 25 lawyers it inherited from Altheimer mainly focused on project finance, international trade, litigation and arbitration.
“The firm has entered into consultation with partners and staff on the full implications of the decision, including the need for any departures,” said a Kilpatrick spokesperson.