Edwards Gibson Data and Commentary Featured in The Lawyer’s US 50 Financial Report
Edwards Gibson is thrilled that its data and expert commentary have been extensively featured in The Lawyer’s US 50 Financial Report which explores the financial performance of the largest 50 US firms in London and analyses the surge in lateral hiring being driven by private capital.
The report, which focuses on the financial performance of the largest US-headquartered firms, includes individual profiles of each of the 50 firms, highlighting financial results, talent strategies, and key deals. It draws on Edwards Gibson’s data to underscore the record-breaking number of partner moves in the capital. Citing our end-of-year publication, the report notes that in 2024, ‘there were more lateral hires than in any other year on record.’ This trend has continued into 2025, with ‘a 5% rise on the five-year cumulative average for March to April’, as detailed in our 86th Edition of Law Firm Partner Moves in London.
Attributing the hiring frenzy to the growing importance of private capital and debt finance-related lawyers, The Lawyer also features commentary from Edwards Gibson Director, Scott Gibson. Reflecting on the impact of Paul Weiss’ aggressive hiring strategy, Gibson notes that, ‘although Paul Weiss was only the third-biggest hirer in London in 2024, because it was starting from scratch, the number obscured the multiplying impact these hires had on the market as a whole as both peer and near-peer rivals scrambled to restock by poaching laterals from other firms.’ He also adds that ‘the ripple effect forced tertiary firms in the chain to make their own losses good through external recruitment. In a boon for headhunters, in some instances the arrival of a single Paul Weiss lateral ultimately led to three, or even four, collateral re-stock hires.’
The report also includes individual firm profiles and highlights financial performance, growth strategies and client base and matters.
To access the full report, please click here (subscription only).