Hogan Lovells has posted a dip of 1.9 per cent in firm-wide revenue, with management blaming exchange rates for the decrease.
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Hogan Lovells has posted a dip of 1.9 per cent in firm-wide revenue, with management blaming exchange rates for the decrease.
The Lawyer – Latest News
Hogan Lovells has confirmed the appointment of London real estate litigation partner Nicholas Cheffings as its new chair.
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Hogan Lovells senior litigator Christopher Grierson has been dismissed from the partnership after claiming over £1m in false expenses over the course of four years.
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City firm Hogan Lovells has reported a 10% boost to partner profits in its first set of full-year financial results.
The firm, formed by the merger of US firm Hogan & Hartson and City firm Lovells last year, reported average profits per equity partner (PEP) of $ 1.14m (£710,000), up from $ 1.04m (£647,000) in 2009.
Fee income fell to $ 1.66bn (£1.03bn) from $ 1.68bn (£1.05bn) over the same period. The figures were calculated on a pro forma basis.
The firm also announced today that seven London lawyers have been promoted to partner, out of 36 partner promotions globally.
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