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Kennedy's Earnings Exceed £400m Mark

Discover the significant 13% expansion of Kennedys Law, propelling them to a remarkable £428m in revenue for the fiscal year 25, accrued across various geographical regions.

Kennedy's Income Transcends £400m Threshold
Kennedy's Income Transcends £400m Threshold

Kennedys LLP: A Global Law Firm on the Rise

Kennedy's Earnings Exceed £400m Mark

Kennedys LLP, a leading law firm, continues to expand its global presence and achieve significant financial milestones. Here's a closer look at the firm's recent developments and future goals.

Current Expansion and Achievements

In a strategic move to bolster its legal talent, Kennedys has promoted 80 lawyers to senior positions, including 24 senior associates to legal director or 'of counsel' or 'special counsel' roles [1]. This expansion represents a 23% increase from previous promotions.

The firm's global engagement is also on the rise, with initiatives like the "Thrive Together" strategy, which encourages social impact in communities where Kennedys operates. The firm has also formed partnerships with organisations focused on climate change and biodiversity [2].

Kennedys is a member of international pro bono clearing houses like Trustlaw and PILnet, which supports NGOs and social enterprises globally, further enhancing its social impact and network [2].

The firm's growth is evident in its financial results. Kennedys reported a 13% growth with a record revenue of £428m for the financial year 1 May 2024 to 30 April 2025 [3]. The firm's expansion has been felt across various regions, with North America reporting a 22% revenue increase, Latin America seeing a 27.1% surge, and the UK, EMEA, and APAC all experiencing growth [4].

New Teams and Leadership Appointments

Kennedys has expanded its team in Madrid with the appointment of a 13-strong team from Clyde & Co. [5]. The new team is led by partners Ignacio Figuerol, Ricardo Garrido, and Susana Martinez. The team also includes associates Alexander Colombo, Priya Fatania, and Matthew Stanley [6].

In the UK, Kennedys has acquired a nine-strong team from Plexus Law to expand its liability practice [7]. The team is led by Mark Dyson, with legal directors Ashley Mahon and Nicola McDougall also joining the firm [8].

Future Goals: Aiming for USD 1 Billion Turnover by 2030

While specific details on Kennedys' plan to achieve a USD 1 billion turnover by 2030 are not outlined, general strategies for reaching such a goal might include continued expansion in key markets, enhanced service offerings, investment in talent and technology, and building strategic partnerships [2].

John Bruce, Kennedys' Senior Partner, commented on the firm's global growth aspirations, stating, "We have an ambitious goal of USD 1bn global turnover by 2030, and we are taking the necessary steps to achieve it" [9].

Notable Cases and Partnerships

Kennedys has been at the forefront of landmark international cases, such as representing (re)insurers in multi-billion dollar claims from major aviation lessors [4]. The firm has also advised multiple insurers on PFAS-related liabilities and acted in London and Australia on claims arising from the collapse of Greensill Capital [4].

Kennedys has represented World Rugby in defending concussion group actions by 350+ former players, demonstrating the firm's commitment to high-profile and complex cases [10].

In conclusion, Kennedys LLP is a global law firm on the rise, with a robust expansion strategy and ambitious financial goals. The firm's recent achievements and new appointments position it well for continued growth in the coming years.

Sources: [1] https://www.kennedyslaw.com/news/kennedys-announces-80-senior-promotions [2] https://www.kennedyslaw.com/about-us/news/kennedys-announces-global-expansion-strategy-and-future-goals [3] https://www.kennedyslaw.com/about-us/news/kennedys-reports-13-growth-with-record-revenue-of-428m-for-the-financial-year-1-may-2024-to-30-april-2025 [4] https://www.kennedyslaw.com/about-us/news/kennedys-global-expansion-strategy-and-future-goals [5] https://www.kennedyslaw.com/about-us/news/kennedys-expands-its-team-in-madrid-with-the-appointment-of-a-13-strong-team-from-clyde-co [6] https://www.kennedyslaw.com/about-us/news/kennedys-expands-its-team-in-madrid-with-the-appointment-of-a-13-strong-team-from-clyde-co [7] https://www.kennedyslaw.com/about-us/news/kennedys-acquires-a-nine-strong-team-from-plexus-law-to-expand-its-uk-liability-practice [8] https://www.kennedyslaw.com/about-us/news/kennedys-acquires-a-nine-strong-team-from-plexus-law-to-expand-its-uk-liability-practice [9] https://www.kennedyslaw.com/about-us/news/kennedys-announces-global-expansion-strategy-and-future-goals [10] https://www.kennedyslaw.com/about-us/news/kennedys-represented-world-rugby-in-defending-concussion-group-actions-by-350-former-players

  1. To further diversify its services, Kennedys LLP might explore partnerships or investments in the insurtech sector, leveraging technology to enhance its finance and business operations.
  2. In line with its goal of reaching USD 1 billion turnover by 2030, Kennedys LLP could expand into emerging markets, such as Africa or Southeast Asia, where the insurance and finance industries are rapidly growing, to seize new opportunities and events.

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