Herbert Smith Freehills Reports U.S. Losses Amid Global Revenue Growth and Anticipated Merger

The latest LLP accounts reveal that Herbert Smith Freehills (HSF) experienced operating losses in the United States last year. Despite the setbacks in the U.S. operations, the global revenue of the firm increased slightly during the same period. This financial update comes at a pivotal moment for HSF, as it prepares for a potential transatlantic merger with Kramer Levin, subject to a forthcoming vote this month. The 2023-24 financial year is set to be the last under HSF’s current structure if the merger proceeds. For further details, readers can refer to the complete article on FeedBlitz.