Big Texas firms expand in London – and it's not all about energy
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U.S. firm Morgan, Lewis & Bockius showed significant growth in revenues and profits from its London and Paris offices in the 12 months to last September, amid a series of new hires and partner exits.
The latest accounts for the firm’s U.K. LLP, which also takes in France, show overall turnover rising by almost 31 percent, from £45.2 million up to £59.2 million, and operating profit surging 73 percent, from £15.0 million up to £26.0 million.
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Andrew joined Legal Week in September 2018 and covers legal technology, new law, insurance, equity capital markets and IP. He joined from legal directory Chambers & Partners where he was a senior researcher for the first edition FinTech and litigation support guides. He has an undergraduate degree in Physics with Philosophy, and has previously worked on local newspapers and magazines.
Big Texas firms expand in London – and it's not all about energy
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The partners leave after almost three years at Shearman & Sterling.
It is one of several European restructuring hires by the U.S. giant in recent times.
Previously transport head at Andersen, the new hire will focus on initiatives and major projects that reflect the growing emphasis in Europe on modernization of transport infrastructure, the firm said.
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