Withers’ expansion rush comes to an end as revenue grows 1% to pass £175m mark Lauren Almeida After years of convincing growth on the back of its rapid international expansion, private wealth specialist Withers increased its turnover…
Gowling WLG revenue climbs to £455m in second post-merger financial results Hamish McNicol Gowling WLG has replicated a broadly strong year for law firms after adding nearly 17% to its top line. The firm’s…
Blistering run comes to an end for Mishcon as PEP falls and revenue growth slows Marco Cillario In what has been a strong reporting year already for a number of mid-market pacesetters, it is perhaps surprising to…
Travers Smith unveils double-digit revenue growth as profitability soars 24% Tom Baker In its ninth consecutive year of revenue growth, Travers Smith has recorded an 18% uptick in turnover to £146.9m, while profit…
Linklaters fails to keep pace up with profit growth as revenue breaks £1.5bn Marco Cillario Linklaters has posted a mixed bag of financial results as revenue grew by a solid 6% to pass the £1.5bn…
Clyde & Co grows revenue for second decade running as profitability sees double-digit increase Tom Baker After a year of major international expansion, Clyde & Co has recorded another robust round of revenue growth with the firm’s…
Addleshaws’ appetite for expansion grows amid strong 23% lift in revenue Hamish McNicol Addleshaw Goddard wants to expand in any possible way and in any possible place following a sustained period of growth and…
Macfarlanes breaks £200m barrier as PEP grows 26% in buoyant year Marco Cillario Macfarlanes has grown its revenue 20% to £201.5m in yet another sign of a strong financial year for mid-tier City firms.…
Growth for Scottish independents Brodies and Shepherd Wedderburn as uncertainty looms Hamish McNicol Scottish independents Brodies and Shepherd and Wedderburn have continued to grow despite a backdrop of what both describe as political and economic…
Watson Farley using fewer smiley emojis as revenue growth falls back following strong run Tom Baker One of the UK’s leading ‘pacey’ mid-tier firms, Watson Farley & Williams (WFW), has seen its revenue growth rate fall to…
Freshfields partner profits top £1.7m as City giant posts more confident year Nathalie Tidman Freshfields Bruckhaus Deringer has posted something of a rebound after announcing a 12% increase in profit per equity partner (PEP) to…
The Magic Circle packs tight in 2018 results as A&O follows peers with modest growth Alex Novarese The firm was a stand-out performer in 2017, but Allen & Overy (A&O) could not keep up the blistering pace…
Top-line growth no longer a priority as profit jumps 12% at HSF Tom Baker Herbert Smith Freehills (HSF) chief executive Mark Rigotti says the days of focusing on revenue growth ‘are gone’ after the firm…
A relative result: CC hikes partner profits to £1.6m as first Magic Circle player unveils 2018 numbers Marco Cillario For months lawyers have been talking of unexpectedly robust trading conditions but the first clear indication from the City elite…
Financials 2017/18: Revenue ticks over for Stephenson Harwood but profits dip again Tom Baker Stephenson Harwood has recorded a 6% rise in revenues to £189m but suffered a consecutive year of falling profit per…
More growth for global traveller Bird & Bird as post-float Gordon Dadds hikes income 25% Marco Cillario Another year of international expansion has seen the 27th consecutive year of revenue growth for Bird & Bird as the…
Financials 2017/18: Ashurst posts 4% revenue uptick and second year of double-digit PEP growth Nathalie Tidman In what management has billed as ‘a strong performance globally’, Ashurst has reported a modest 4% uptick in revenue for…
Expansive Simmons shrugs off sluggish post-Lehman form to drive income up 12% to £354m Tom Baker Simmons & Simmons has posted one of its strongest results since the banking crisis, with the City firm announcing a 12%…
‘Continued growth an excellent result’: year of investment brings slowdown for Pinsents Thomas Alan Pinsent Masons has recorded slower revenue growth for the 2017/18 financial year, with turnover increasing by 6% to £449.8m compared…
Taylor Wessing’s UK PEP shoots up 20% as global revenue exceeds the £300m mark Marco Cillario In another early sign of a good 2017/18 for UK firms, Taylor Wessing has followed up on a disappointing performance last…