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We have reported our highest ever revenue of £286m, up 8% from £264m* the previous year. The most significant growth came in North America, where revenue was up 24% to £55m, following a continued growth period fed by work from new and existing clients, a series of lateral hires and the opening of a new office in Delaware.
We are pleased to announce our technology operation Kennedys Kognitive Computing, in India, has more than doubled its office space as it continues to grow its development team.
We have appointed Alan Demirkaya as our new HR director to drive forward our transformation plans and ensure that we continue to attract the industry’s top talent. He will lead a team spanning the UK, Europe, Middle East, the Americas and Asia Pacific, reporting to global managing partner, Suzanne Liversidge.
We have promoted our largest ever number of lawyers to partner. With 22 new partners joining the partnership, it is more than double the number promoted last year (10) and takes our total worldwide partner count to 293.
We are shocked by the tragic situation in Ukraine. Our thoughts are with all those who are suffering, and we can only hope that a peaceful resolution is found swiftly. Until then, Kennedys is resolute in our commitment to do whatever we can to help this humanitarian crisis.
2021 was a very busy year in terms of regulatory updates within many of the Latin American insurance legal systems as reported in our previous article published last November. As technology advances and communication is ever more rapid, many countries in Latin America are trending towards the globalization of their (re)insurance markets by way of promoting clearer legal frameworks and inclusion of wider and more international market practices into their local Insurance and Reinsurance regulations.
We are delighted to once again be attending MIPIM, the internationally-renowned property conference taking place from 15 - 18 March 2022 in Cannes, France. The global property showcase is returning this year for the first time since 2019.
We are pleased to have announced an upgrade of our Madrid office with a move to new premises in the heart of the central business district.
The appointments of Gavin Henderson and Daniela Fusi, both formerly Clyde & Co (Scotland) partners, takes the total number of fee earners to 23 across our offices in Edinburgh and Glasgow, with more new fee earners expected to join in the coming months as we enjoy another record year.
We’re delighted to announce that our London office is to move into London’s iconic Walkie-Talkie building as part of a major workplace transformation programme.