Simmons & Simmons may have seen a double-digit fall in revenue in the last financial year, but the prospects look relatively rosy for the firm's upwardly-mobile finance practice. Out of Simmons' four sector groups, financial institutions now count for around half of the firm's international business after the group's income more than doubled between 2005 and 2009. Since City banking partner Jeremy Hoyland took over the helm of the financial markets practice group from current managing partner Mark Dawkins five years ago, the firm has maintained a low-key but steady ascent up the pecking order of many of the world's leading banking institutions.
May 11, 2010 at 12:48 AM
1 minute read
The original version of this story was published on Legalweek
Standard Chartered win adds to Simmons’ growing roster of top banking clients
Simmons & Simmons may have seen a double-digit fall in revenue in the last financial year, but the prospects look relatively rosy for the firm’s upwardly-mobile finance practice. Out of Simmons’ four sector groups, financial institutions now count for around half of the firm’s international business after the group’s income more than doubled between 2005 and 2009.
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