Expansive US litigation boutique Quinn Emanuel Urquhart & Sullivan has posted conflicting global and London results for 2013, with overall turnover up by 14% to $972.7m while the firm’s City office has posted its first ever decline in revenue and profit since launching in 2008, both down by around 30%.
The top 35 Global 100 firm’s 14% spike overshadows the majority of US 2013 increases so far, although by its own 2012 benchmark of an 18% increase to $852.6m represents a slight drop. Meanwhile, the firm’s profit per equity partner increased by 7.1% to $4.5m from $4.2m in 2012.