As the financial reporting season kicks off once more, Hogan Lovells has today (22 February) reported a 7% drop in revenue to $2.43bn as PEP fell 8% to $2.28m. This represents a $174m reduction to the firm’s top line and looks likely to set the mood for many Global 100 players as market forces continue …
Continue reading “No personal best this year for Hogan Lovells as turnover and profits decline”
Once a rare phenomenon, exits from Travers Smith have picked up pace in recent weeks, with the latest departures announced this week being those of Ed Ford and Sacha Gofton-Salmond to Simpson Thacher & Bartlett. Partners at Travers since July 2021 and July 2022, respectively, Ford and Gofton-Salmond will bring to Simpson Thacher with capabilities …
The merger talks-prompted exodus from Shearman & Sterling continued in recent days with the loss of EMEA and Asia M&A head Philip Cheveley to Sidley Austin in London. The blow to Shearman will be even more keenly felt since the move represents a reversal for one of its stated ambitions to focus on corporate, and …
Merger talks between Womble Bond Dickinson (WBD) and BDB Pitmans have been called off, the firms announced on Wednesday (1 February) in a joint statement. Talks of a combination first became public in October 2022, when a story on RollOnFriday prompted WBD and BDB Pitmans to confirm that they were in discussions around a potential …
Continue reading “End of the road for Womble Bond Dickinson merger talks with BDB Pitmans”
‘Disputes arise when there is disruption, and it seems to me there’s just about every type of disruption at the moment.’ With this, Julian Copeman, a disputes partner at Herbert Smith Freehills neatly summarises market expectations for 2023. It’s going to be a busy year.
