The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
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.
However, after meeting with no success, the firm is now hoping to expand its nine-partner New York practice through lateral hires.
Linklaters managing partner Tony Angel, who is taking on overseeing the Americas after Terence Kyle retires on 31 July, said: "We're looking to build in New York. There are various options and you don't turn your back on any of them."
But he added: "To find a merger of the calibre we'd look for, we'd like to see a firm of the quality of Sullivan & Cromwell. But if these types of firms aren't looking for a merger, then you have to look at other opportunities."
UK firms, though, have had mixed success with lateral hires in the US market due to the disparity between their profits per partner and pay at US firms.
Last year Linklaters' average profits per partner reached £650,000.