Legal Business 100: Smells like victory
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The Last Word: Sound methods
No-deal Brexit, accountants, Millennials and soothsaying – LB100 leaders give their views on a hazy 12 months ahead Change is gonna come ‘You cannot continue having 10-15% growth every year – not even the Chinese economy has achieved that! The profession as a whole has had a good year, but the rate of growth has …
LB100 2019: Methodology and notes
LB100 law firms The firms that appear in the Legal Business 100 (LB100) are the top 100 law firms in the UK (usually LLP partnerships but also some alternative business structures – see footnotes), ranked by gross fee income generated over the financial year 2018/19 – usually 1 May 2018 to 30 April 2019. We …
LB100: Partner earnings
Top 50 firms ranked by highest top of equity 1-50* Equity partners:non-equity partners % of partners that are equity partners PEP Equity spread 1 Fieldfisher 83:292 22% £800k £250k to £4,300k 2 Slaughter and May 102:7 94% £2,895k £1,780k to £3,650k 3 Hogan Lovells 529:262 67% £1,039k £320k to £3,200k 4 Clifford Chance 394:168 70% …
LB100: Core stats
Ten fastest growing firms by revenue Ten slowest growing firms by revenue
LB100: Behind the numbers – profitability revealed
In this table we blend together the three key profitability metrics – profit per equity partner, profit per lawyer and profit margin – to discover which of the top 100 firms are the most profitable. The firms have been ranked according to their aggregate score across all three measurements. Firms marked * are either listed …
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Dealwatch: US firms enjoy marquee run of deals with Kirkland and Goodwin leading the way
Kirkland & Ellis advised investment adviser and repeat customer GLP Investment Services on the $18.7bn sale of its US logistics business to The Blackstone Group. The Chicago-bred juggernaut fielded corporate partners Michael Steele in London and Michael Brueck in New York. Simpson Thacher & Bartlett advised longstanding client Blackstone out of New York with real …
Significant hires
Ashurst has lost former managing partner James Collis to Squire Patton Boggs. Collis succeeded Ashurst litigation managing partner Simon Bromwich in May 2012, before becoming inaugural managing partner following the firm’s merger with Australia’s Blake Dawson until stepping down in June 2016. However, Ashurst recently grew its project finance team with the hire of Adrian …
Global 100 Contents – 2019
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The Last Word: New frontiers
Despite Brexit, Trump and trade wars signalling a tentative prognosis from Global 100 leaders for the remainder of the year, many firms entered 2019 with engines blazing No clarity ‘Volatility, trade wars, Brexit and Trump notwithstanding, it’s been a good financial year. Each of our practice areas are strong in terms of work and economically. …