Law Tech Special – Autumn
Practice management tech Made to measure E-discovery Cloud atlas New Law models New tricks
The Last Word: The values are everything
Law firm leaders discuss the challenges of putting values on their corporate agenda and how to balance purpose with the profit motive Heads out of the sand ‘Most firms realise the importance of values. I don’t think I’ve spoken to a single managing partner who isn’t doing these things. There are two basic drivers – …
Top ranked stories in September and October
Linklaters mourns death of M&A partner Iain Wagstaff (6 September) Linklaters partner Iain Wagstaff died at the age of 44 following a cycling accident. A&O loses M&A heavyweights to Skadden following failed US merger talks (12 September) Allen & Overy lost two well-respected City corporate partners just days after its merger talks with O’Melveny …
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Significant hires
Allen & Overy (A&O) suffered another significant loss with the departure of litigation partner Marc Florent to Baker McKenzie. Florent is experienced in banking disputes, particularly in the wholesale and retail banking areas, asset management, funds and sponsors on cross-border matters. A&O also lost its head of fraud Mona Vaswani to US rival Milbank, Tweed, …
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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