Legal Business

US financials: Milbank leads with 11% rise in turnover as Reed Smith and Cadwalader stall

Madeleine Farman looks at the front runners and non-starters as reporting season kicks off

As the US financial reporting season begins in earnest, Milbank, Tweed, Hadley & McCloy leads the pack for turnover growth, while Reed Smith and Cadwalader, Wickersham & Taft both suffered a drop in revenues.