AIM-listed Gateley has seen turnover soar 15% for the financial year ending 30 April 2017, from £67m in 2016 to £77m. In addition, adjusted EBITDA also saw double digit growth, increasing 14% from £12.9m to £14.7m.
Continue reading “Gateley turnover soars 15% to £77m as group plans further growth”
Following the completion of its transatlantic merger with Sutherland Asbill & Brennan on 1 February, legacy Eversheds today (19 May) reported revenue growth of 8% to £438.6m for 2016/2017.
Continue reading “‘An anticipated dip’: Eversheds’ 2016/17 profit falls as revenue increases by 8%”
Alternative Business Structure (ABS) Knights has recorded 64% growth in turnover in the last year to achieve £33.5m in revenue. Continue reading “Knights posts 64% revenue growth to move into the LB100”
Forsters has weathered a slowdown in the real estate market to record 9% revenue growth, although the result brings to an end six consecutive years of double-digit increases. Continue reading “Forsters upbeat as it posts 9% revenue growth despite flat real estate market”
Sidley Austin has seen its London turnover boosted by 17% in 2016, hitting £75.2m for the firm’s last financial year, while other US shops paint a mixed picture in Legal Business’s Global London Report. Continue reading “Global London results: Sidley Austin City turnover hits £75m as Reed Smith sees a dip”
LLP accounts show City elite firms Travers Smith and Mishcon de Reya both saw double digit turnover growth in 2016. While Travers lifted its top paid member to £1.5m, Mishcon’s highest paid dipped slightly. Continue reading “LLP latest: Travers’ top paid takes home £1.5m as Mishcon ‘shares the love’”
The London outposts of leading international firms reported mixed results for 2016, with White & Case and Baker McKenzie reporting income growth while Reed Smith and Debevoise & Plimpton both struggled.
DLA Piper has seen global turnover drop to $2.47bn for 2016 as overall profits improved by 6%. Revenue fell 3% from last year’s $2.54bn, while net profit was up to $643.4m from $605.4m the previous year. Continue reading “DLA Piper revenue drops below $2.5bn as global firm trims lawyer numbers”
Garrigues, the largest firm in continental Europe by number of fee-earners, has recorded a 3% rise in global revenue in 2016, growing to €349.4m. Continue reading “Spanish powerhouse Garrigues posts steady global revenue as LatAm turnover up 82%”
As the latest firm to report its global financial results, Winston & Strawn had revenue growth of less than 1% last year to $823m, while Goodwin Procter saw its revenue increase by 5% to $912m as the firm made a series of lateral hires in 2016. Continue reading “US financials: Turnover flat at Winston as Goodwin Procter increases revenue by over 5%”
