US Firms Gain Ground in the UK Market

Law.com International’s latest ranking of the top 50 firms by UK revenue underscores a steady shift that’s been underway for years: US-headquartered firms are no longer just establishing a presence in London - they’re leading the charge.

Kirkland & Ellis has now moved into second place by UK revenue, and firms like Latham & Watkins, Simpson Thacher, and Paul Weiss continue to post double-digit growth, challenging the dominance of UK-founded institutions.

Siobhán Lewington, a Partner in our London office, who advises leading US and UK firms on lateral partner hiring, shared her take with Law.com:

“Ten years ago, you wouldn’t have thought a US firm would be in the top five—it shows the market has shifted. The US firms are experiencing growth here that completely outperforms growth at some UK firms.”

Read the full article by Habiba Cullen-Jafar for Law.com International here.

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For more insights, connect with Siobhán Lewington or reach out to our team at Macrae.