Law firms

Mixed bag for Clifford Chance as it joins the £2bn revenue club but profits and PEP stall

Mixed bag for Clifford Chance as it joins the £2bn revenue club but profits and PEP stall

Clifford Chance (CC) today (19 July) became the second Magic Circle firm to post revenues in excess of £2bn after Allen & Overy achieved that milestone last week.

CC’s headline turnover figure of £2.062bn showed an increase of 5% on last year’s £1.969bn, and marks the eighth consecutive year of revenue growth for the firm.

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