Feb 27, 2025 View in Browser

ALM | Law.com International

Morning Update

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A Message From the Editor

Good Morning. We continue our coverage of law firm financials, bringing you details on Paul Weiss' "transformative" year. In the U.S., KPMG is now set to become the first of the Big Four to launch a law firm in the U.S., having been granted a license to offer legal services in Arizona under the state’s Alternative Business Structure program. And in London, the talent war continues with Gibson Dunn having hired two senior finance partners from Sullivan & Cromwell.

– Lisa Shuchman, Executive Editor

 

Law Firm Profitability | News

Paul Weiss Revenue Jumps 32%, PEP Hits $7.5M, in 'Transformative' Year

By Patrick Smith

London revenue in 2024 totaled “hundreds of millions of dollars", according to firm chair Brad Karp, while global... Read More

 

Alternative Service Providers | News

KPMG Launches U.S. Law Firm After Obtaining Arizona Approval

By Jon Campisi

In a statement Thursday, the accounting firm said KPMG is "uniquely positioned to transform the delivery of legal services." Read More

 

Mergers and Acquisitions | Analysis

Canada's Mining M&A Outlook Positive Despite Threat of U.S. Tariffs

By Gail J. Cohen

With the world's largest mining conference kicking off in Toronto next week, financial and geopolitical uncertainty... Read More

 

Mergers and Acquisitions | News

Latham, Cleary Guide $1.25B Sale of Telefonica Assets in Argentina

By Amy Guthrie

The Spanish telecommunications firm has been steadily reducing its exposure to Latin America, frequently with the help... Read More

 

Law Firm Hiring | News

Gibson Dunn Adds Senior Finance Duo from Sullivan & Cromwell in London

By Jack Womack

The partner duo had both been at Sullivan & Cromwell for over a decade. Read More

 

Private Equity and Venture Capital | News

Private Equity Investment in UK Law Firms Rises to Over £500 Million in 2024

By Louis Altmann

There was £1.2 billion of investment from PE between 2019 and 2024. Read More

 

Litigation | News

Chairman of Singapore's Largest Listed Property Development Sues Own Son Alleging Corporate Coup

By Jessica Seah

Lawyers in the city say such family feuds “in this part of the world are not uncommon, however, one added it... Read More

 

International - Europe | News

Spanish Law Firms Post Revenue Rises

By Alex D'Elia

Pérez-Llorca global turnover ballooned 33% in 2024 after expanding its international operations while Go mez-Acebo... Read More

Resources

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WEBCAST DATE: March 11, 2025

Real-World Applications of AI in the Legal Industry

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Join experts in legal technology for a panel discussion where industry thought leaders will share real-world applications of AI and emerging technologies, offering a clear roadmap for firms and legal departments looking to stay ahead. Learn More

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