Latham & Watkins has retained its position as the largest US-headquartered firm in the UK, with an estimated City growth rate of 4 per cent in 2022. Latham is thought to have generated $702m in London last year, the highest level of fee income ever achieved either by it or any US firm. However, the […]
Last year’s public M&A rankings marked the largest year-on-year percentage decline since 2001. But something else you should know about the league tables is that there is a correlation between the firms that advised on the highest number of deals and how they have responded to the tech slowdown. According to data published by Refinitiv, […]
A clutch of US City firms have more in common with New York than London but they are still reshaping the UK legal market
US firms at the bottom of the top 50 must prevent another disappointing year to avoid relegation
Almost a third of US firms had fewer associates in 2021 than at the start of 2020
Kirkland and Latham top the US 50 law firms in London table in 2021.
The total number of lawyers working in the UK at US-led firms continued to grow over the past year and has now reached new heights, The Lawyer’s new ranking reveals. In 2020, total lawyer numbers rose from 6,376 to 6,679, a rise of 4.7 per cent, while the total number of partners at US firms […]
Only seven UK-headquartered firms generate more revenue in London than their closest US rival, The Lawyer can reveal, with the gap between the largest UK and US firms in the City now closer than it has ever been. The largest firms ranked by the revenue they generate out of their City offices are the UK’s […]
This year’s US Top 50 Firms in London report has one new entry, which has come into the primary ranking at number 42 with a UK revenue of $44m. Global immigration boutique Fragomen has around 4,200 people based in 50 offices across 29 countries. Its London office has 76 lawyers but just eight partners, while […]
Kirkland & Ellis has held onto its position as the largest US firm in the UK ranked by revenue and has widened the gap between it and second placed Latham & Watkins, The Lawyer can reveal. Kirkland retains its place at number one in The Lawyer’s annual US Top 50 Firms in London ranking with […]
Paul Weiss global chair Brad Karp has marked the publication of this year’s US Top 50 report by offering his view of the current global turbulence as seen from New York. Last year Paul Weiss was a new entry in The Lawyer’s US Top 50 report, which highlights the London activities of the leading transatlantic […]
Simpson Thacher & Bartlett generated more revenue per lawyer (RPL) on average in London last year than any other US firm in the City, The Lawyer can reveal. Last year the firm generated an average $1.93m from each of its 104 London lawyers. It is the first time that Simpson Thacher has headed the RPL […]