Legal Business

The LB100: The second quartile – Short changed

After years of strong growth, the City’s mid-tier saw more mixed results in 2016

With Brexit looming large over the UK legal market, many of the second 25 of the LB100 have lost momentum. Outpacing the growth of leading players ranked in the top 25, last year firms including Macfarlanes, RPC and Nabarro defied critics who suggest the City mid-tier are in structural decline. This year, however, many firms have posted subdued results.