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.
The recent turbulence in WilmerHale’s UK operations, which saw a team of three highly rated corporate partners decamp for Heller Ehrman, followed quickly by a tax partner and two senior associates, as well as the closure of its outpost in Oxford, is not hinted at in its year-end figures. Globally the firm saw revenue increase by 10 per cent, from £447.8m to £543.48m.
But its London arm, which includes Oxford, did far better. Here revenue grew from £21.43m to £25.2m, a rise of 19 per cent.
A string of major matters, including the £230m sale of Domantis to GlaxoSmithKline, the CTC Media IPO and Lufthansa’s air cargo arbitration, kept the cash rolling in to the firm’s City office.
The current year may not exactly have got off to the start it would have wanted, but the firm that has been in London since 1973 is not about to leave.