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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.
The UAE Courts have issued a number of decisions confirming long established principles on remeasured contracts, liquidated damages and expert evidence. The doctrine of legal precedent is not applicable under UAE law. Therefore, a face lift is timely for establishing the judicial stance on important principles of law and the enforceability of certain (usually contentiously argued) principles that are relevant to construction contracts.
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.
Kennedys receives top tier rankings in the latest guide to leading law firms and lawyers across the region.
We are pleased to announce another key hire as we continue our expansion in the Middle East.
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.
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.
The United Arab Emirates continues to be a critical hub for global shipping. It, like all other major centres for maritime trade, has had to respond to significant changes and disruption in recent years. Here we highlight some of the key developments in the region for both insurers and their insureds now recovery from the pandemic is well underway.