The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... 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.
The US firm's London office grew profit per equity partner (PEP) from £1.35m in 2007 up to £1.65m last year. Weil’s revenue saw a 2.3 per cent increase from £57m last year to £58.3m in 2008.
Last month, The Lawyer revealed Weil’s global revenue hike of 4 per cent from $1.18bn up to $1.23bn in 2008. Firmwide PEP also increased though by a significantly lower percentage than London. Firmwide PEP grew by 7.5 per cent from $2.14m up to $2.3m last year.
Last year Weil made a number of key hires in the London office including corporate star Pete King who joined from Shearman & Sterling in July (7 July 2009).
Weil also snared Cadwalader Wickersham & Taft restructuring partner Tony Horspool and finance partner Stuart Hill from O’Melveny & Myers last year.
In the US the firm landed lead roles on a number of high-profile deals during 2008, including Lehman Brothers' bankruptcy.