Law firms

Financials 2020/21: ‘Strongest-ever quarter’ rescues revenue growth at Clifford Chance

Matthew Layton

Clifford Chance had a late flurry of transactional activity to thank for a respectable set of Covid financials, as profit per equity partner climbed 9% and revenue inched up by 1%.

The firm’s PEP reached £1.85m, up on last year’s £1.69m, while revenue hit £1.828bn from £1.803bn. There was also an 8% uptick in partnership profit, growing to £716m from £666m.

This article is for Legal Business subscribers. Please log in or subscribe to read on.