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Simmons states preference for specialist over generalist lawyers


By Neasa MacErlean

18 December 2015 at 09:01 BST


Announcing a modest 1 per cent H1 increase in revenues, Simmons & Simmons has revealed its intentions to target high-growth areas and to encourage the development of specialist and niche-specific lawyers over generalists.

Ivelin Radkov

Managing partner Jeremy Hoyland described the results for H1 of 2015/16 as being 'solid' rather than 'spectacular'. Its revenue in the six-month period was £2 million up, at £142 million. 

Fintech

Mr Hoyland said the firm is shifting its focus to locating resources into faster growing areas, such as regulatory and fintech. He said: ' I'm less and less keen on the generalists and non-sector focused activities. We need to get as much of our resources focused on sectors. Being all things to all people is not what the clients want.' Source: Legal Business

 
   
 
 
 

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