Linklaters has posted a mixed bag of financial results as revenue grew by a solid 6% to pass the £1.5bn mark but profits have failed to keep pace, increasing by just 2%.
As the last of London’s big four to announce its 2017/18 results, the revenue increase to £1.52bn means the Silk Street firm is the fastest-growing of the pack in sterling terms this time around, adding £85m to its top line. But profits per equity partner (PEP) rose to just £1.54m as the firm failed to translate the revenue growth into a comparable increase in net income.
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