Herbert Smith Freehills (HSF) has registered a sharp increase in profitability in its second full financial year since its merger, as revenues passed the £800m mark.
Mishcon sees double digit revenue growth as UK turnover hits £110m
City firm Mishcon de Reya has enjoyed another year of robust UK revenue growth and recorded a rise of 13% to £110m from £97.8m, meeting its 2016 target a year ahead of schedule.
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Double-digit growth sees Freeths pass £50m in revenues as firm targets £100m by 2020
LB100 firm Freeths has continued the trend of strong financial performances for law firms at the national level, posting double-digit revenue growth for the 2014/15 financial year and surpassing £50m in turnover.
Business as usual: Clydes posts 10% PEP rise as revenues close in on £400m
As has been the case since its merger with Barlow Lyde & Gilbert in 2011, Global 100 firm Clyde & Co has posted strong revenue and profit growth on the back of an expansive year. The firm has today (23 June) reported an 8% revenue increase for 2014/15 to £395m, while profit per equity partner has grown 10% from £599,000 last year to £660,000.
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Stewarts Law posts 14% revenue growth while Watson Farley hits £125m in turnover as trend of solid LB100 performances continues
Stewarts Law has recorded double digit revenue growth of 14% to £53m for the 2014/15 financial year while Watson Farley & Williams announced it had consolidated the strong financial performance it achieved last year with a 7% increase in revenue from £117m to £125m.
PEP soars at Pinsent Masons as turnover grows 12% to £362m
Pinsent Masons, saying it is seeing increasing benefits from its 2012 McGrigors merger and its growing international offering, is the latest law firm to reveal a strong performance for the 2014/15 financial year with profits per equity partner (PEP) growing by a third and double digit revenue growth.
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20% revenue growth at Stephenson Harwood sees turnover top £145m with PEP surging to £763,000
Stephenson Harwood has posted a 20% rise in revenues to £145m for the 2014/15 financial year, boosted by receipts from several multi-year matters the firm said that discounting those payments still saw it achieve an underlying growth rate of 16%.
Financials 2014/15: TLT passes £60m in revenue with 8% growth
Bristol-headquartered TLT has continued a string of strong financial performances in recent years by growing turnover 8% in the 2014/15 financial year and posting revenues of £62.5m.
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Financials 2014/15: DAC Beachcroft sees total billings reach £200m as profits rise 10%
As the firm ramps up for a defining election, DAC Beachcroft has announced its financial figures for 2014/15 saying it had seen a 3% rise in its total billings to £200m up from £194.4m last year.
Financials 2014/15: Taylor Wessing’s UK operations see revenues rise 8% and PEP reach £767k
Taylor Wessing has released its financials for 2014/15 with UK revenues increasing by 8.2% to £121m from £112m last year and stated plans to make ‘significant further investments’ particularly in its international network.