While 2024-25 was another strong year for the UK’s biggest law firms, those with an insurance focus underperformed compared to the rest of the LB100 – a marked change from the previous year.
Of the 13 LB100 firms with the strongest focus on insurance, all saw a slowdown last year, with average growth dipping from 11.4% in 2023-24 to 3.6%, significantly down on the average of 9.6% for the LB100 as a whole.
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