Clifford Chance reported revenue of £2.6bn (+9%), partnership profit of £1.05bn (+11%), and PEP of £2.3M (+9%) — its first-ever £1bn+ profit year. Since FY23, the firm has added £638M in revenue and £295M in profit, including a 65% increase in US revenue. Linklaters followed on July 21: revenue £2.47bn (+6.8%), pre-tax profit £1.2bn (+11.6%), PEP £2.48M (+11.4%), marking a third consecutive year o
NALP data shows overall lateral hiring up 16.4% in 2025, with partner laterals up 17.8% and associate laterals up 17.1%. Am Law 200 firms hired 4,152 lateral partners in the 12 months ending September 2025. Linklaters poached a pair from Paul Weiss (July 22), while Clifford Chance lost its two US Insurance co-heads — Dennis Manfredi and Joseph Cosentino — to Simpson Thacher. A&O Shearman reported
Kirkland & Ellis and Palantir Technologies announced a proprietary enterprise platform designed to transform private equity fundraising — the first operational product from Kirkland's $500 million multi-year AI investment program. Built on Palantir's Artificial Intelligence Platform (AIP), the fund formation engine centralizes institutional knowledge across Kirkland's 1,000-attorney Investment Fun