‘A rollercoaster ride’: Addleshaw Goddard reports mixed financial performance after turbulent year Marco Cillario UK firm Addleshaw Goddard has reported £198m in revenue for 2016/17, a 2% fall from the figure announced last year. However, while the figure…
Burford Capital grows from £80m startup to post record 130% income growth over year Tom Baker Litigation funder Burford Capital generated more profit in the first half of 2017 than any full year in its history,…
Financials 2016/17: Growth slows for Brodies as Scottish independent posts 2.4% revenue increase Kathryn McCann Scottish independent firm Brodies has posted slower growth for the financial year 2016/17, with turnover up 2.4% to £66.7m, while profit per…
Financials 2016/17: Bird & Bird PEP rebounds to top half million pound mark Marco Cillario Bird & Bird‘s profit per equity partner (PEP) has risen for a second consecutive year, leaping 11% to £503,000, in…
Financials 2016/17: Expansive Burges Salmon cites Brexit impact as revenue and PEP growth halted Marco Cillario UK firm Burges Salmon’s profitability fell 8% in the year to 30 April for the first time in six years, which…
‘Encouraging results’: Withers’ global expansion breeds revenue growth as PEP leaps 25% Marco Cillario Private wealth specialist Withers has recorded a decade of consecutive growth this year, with a profit per equity partner (PEP) boost of…
Charles Russell unveils 8% PEP rise amid modest revenue growth in year of consolidation Georgiana Tudor Charles Russell Speechlys (CRS) has revealed 3% revenue growth for the 2016/17 financial year, alongside an 8% jump in profit per…
‘Work in an agile way’: Ince & Co revenues rebound with 16% growth after three-year decline Georgiana Tudor Ince & Co’s revenue has grown 16% to £88.5m this year, signalling recovery from a three-year decline, in what Ince’s…
‘No plans to stand still’: Morgan Lewis’ revenue surges to £34m in London Georgiana Tudor Morgan Lewis & Bockius’ London office revenue grew 17% in the year ended September 2016, increasing its London revenue last year to £33.9m,…
Financials 2017: Pensions boutique Sackers records 16% fall in PEP as revenue static Tom Baker Turnover at boutique pensions firm Sacker & Partners has slowed after last year’s strong growth, with average profit per equity partner (PEP)…
‘Particularly pleasing’: DAC posts 20% rise in PEP despite subdued revenue Kathryn McCann DAC Beachcroft‘s profit per equity partner has increased 20% from £358,000 to £432,000, despite subdued revenue growth which the firm…
City’s big four rides churning forex markets as A&O leads the Magic Circle on results Kathryn McCann Double-digit fee growth for A&O, Links and CC but Freshfields stalls Dramatic swings in foreign currencies against Brexit-battered sterling have…
Financials 2017: Gateley posts double-digit revenue and profits rise in another strong year for listed firm Kathryn McCann AIM-listed law firm Gateley has posted a double-digit increase in revenues for this financial year, with turnover up 16% from…
‘Top end of expectations’: Travers PEP drops below £1m as turnover edges up Legal Business Travers Smith has recorded a 4% rise in revenue to £125m, marking eight consecutive years of growth, while the firm’s profits…
Financials 2016/17: Stewarts Law reaches £1.9m PEP in another year of standout growth Georgiana Tudor Litigation specialist Stewarts Law has posted its third consecutive year of double-digit growth, with a record profit per equity partner…
‘Willingness to adapt’: Macfarlanes defies Brexit effect with PEP up 8% Legal Business In a challenging but ‘good year’ for the firm, Macfarlanes has continued growing with revenues up 4% to £167.6m.
Financials 2017: Weightmans posts stable turnover with 21% profit increase to £11m Kathryn McCann Top 50 national firm Weightmans has today (6 July) posted a flat turnover of £95m, while profit is up 21%…
Financials 2017: Mixed results for BLP as revenues up 7% while PEP falls Tom Baker Berwin Leighton Paisner (BLP) has posted mixed financial results for the year, with revenues up 7% while profit per equity…
Allen & Overy posts pace-setting 25% rise in PEP with top line reaching £1.52bn Madeleine Farman Allen & Overy (A&O) has soared ahead of its Magic Circle competitors, increasing its revenues by 16% to £1.52bn, while…
Financials 2017: HSF reports ‘volatile’ year with 11% turnover hike as profit dips Kathryn McCann It has been a mixed financial year for Anglo-Australian firm Herbert Smith Freehills (HSF), which recorded double-digit revenue growth bolstered…