Clifford Chance LLP and Allen & Overy LLP, two of the U.K.’s highest-grossing law firms, saw single- digit increases in both profit and revenue following expansions into emerging markets such as China, Turkey and Indonesia.
Allen & Overy LLP , one of London’s five-highest grossing law firms that has been boosting its practice in Australia, hired Adam Stapledon , a lawyer specializing in banking, from Freehills, the firm said.
Allen & Overy LLP hired Tran Anh Duc to head the firm’s Hanoi branch. Duc will co-head the banking and corporate practices alongside Adam Moncrieff, who recently relocated from the Tokyo office. Duc, who has been in practice for 18 years, was previously the managing partner at Vilaf, a local Vietnam law firm.