Jeremy Hoyland, Simmons & Simmons. Courtesy photo Simmons & Simmons Posts Double-Digit Growth as PEP Flatlines
The firm's managing partner Jeremy Hoyland discussed the firm's China focus and emphasised the importance of local U.S. firm relationships in maintaining its stateside business.
July 13, 2023 at 06:15 AM
2 minute read
Law Firm Profitability
Simmons & Simmons' profits have inched up 2% alongside a revenue rise of 12%, according to the firm's financial results for 2022/23.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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