Big Law

Akin Gump Opens Boston Office

Akin Gump Opens Boston Office 1

With over 1000 lawyers and a strong lobbying presence, Akin Gump hit LawFuel ‘Most Prestigious Law Firm’ list this year and continues its strong growth with the opening of an office in Boston, where it intended to focus on financial restructuring, private equity, and investment management issues. The opening sees the firm joined by a …

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Shearman & Sterling Lay Off Lawyers As Market Conditions Bite

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Shearman & Sterling have confirmed that they had to let go of 38 employees which include 26 business services team members and 12 associates mainly focused on transactional practices. The New York-based firm says this was necessary to adjust to changing market conditions, which continue to show challenging times ahead, as per the recent Thomson …

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Former Freshfields Partner Sets Up Strategic Advisory

Former Freshfields Partner Sets Up Strategic Advisory 3

Former Freshfields partner Simon Marchant has set up a new strategic advisory business Rosemont Advisors is a strategy and management consultant firm set up to advise law firms and other professional services firms across various sectors, including strategic reviews and implementation, business planning, recruitment process design, growth management, team reviews and optimisation, compensation structures and reviews, …

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Quinn Emanuel Shrug Off Departures With London Revenue Growth

Quinn Emanuel Shrug Off Departures With London Revenue Growth 4

US-based Quinn Emanuel Urquhart & Sullivan has had a profit increase in its London office with a reported profit margin for the firm of over 70 per cent, according to a report in Legal Business. Quinn Emanuel, a LawFuel list prestige firm, is an aggressive litigator that suffered a major talent loss when three senior …

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K&L Gates Expand to Dublin With 48th Office and High Profile Irish Lawyer

Gayle Bowen moves to K&L Gates to open new Dublin law office

K&L Gates have expanded to Dublin with their 48th office opening, hiring three senior asset manager and investment funds lawyers from firms including Pinsent Masons’ founding partner Gayle Bowen and two other firms. In a statement from K&L Gates, the firm said further lawyers would be employed over time. “As the only major AMIF market …

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Two US Big Law Firms Make Major Staffing Cuts

leaving office

The slowdown in legal work has bitten Big Law firm Goodwin Procter who have been making cuts to their staffing across the board. The firm revealed in an email from firm chair Robert Insolia and the firm’s managing partner Mark T Bettencourt that about five per cent of the firm’s ‘timekeepers’ and operational workers were …

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