And then there were three: Forex drives CC’s income up £150m as City giant hikes partner profits 11% Madeleine Farman Clifford Chance (CC) has become the third Magic Circle firm to announce its 2017 results, with revenues up 11% to…
‘Below our expectations’: RPC profits down 8% as revenue edges up to £103m Legal Business RPC’s 2016/17 global profits fell 8% to £26.4m, down from last year’s £28.5m, in a year of investment and external challenges…
Financials 2017: Clydes breaks £500m barrier with another year of double-digit growth Legal Business Following another expansive year, led by a new global senior partner, Clyde & Co has again posted a double-digit rise…
Financials 2017: Shoosmiths posts 9% hike in revenue while PEP remains flat Kathryn McCann National firm Shoosmiths has posted a 9% rise in revenue from £107m to £116.7m, but profit per equity partner (PEP)…
‘Our focus has proven successful’: technology drives revenue growth as Bird & Bird latest to unveil financials Legal Business Bird & Bird has recorded its 26th year of turnover growth, with global revenues for 2016/17 up 5% in euros…
‘Broadly satisfied’: Freshfields posts flat revenue after year dominated by efficiency drives Legal Business A year after recording the standout financial performance of the Magic Circle, Freshfields Bruckhaus Deringer has posted flat turnover for…
‘More difficult UK market’: Dentons’ UKMEA PEP drops 9% as turnover slows Legal Business Dentons has revealed the 2016/17 financial results for its UK, Middle East and Africa (UKMEA) LLP, showing a 9% fall…
Financials 2017: Mishcon breaking targets again as revenue doubles in five years Madeleine Farman Law Firm of the Year Mishcon de Reya has posted yet another outstanding set of financials for 2016/17, with turnover…
Financials 2017: Pinsents breaks £400m barrier to post double-digit PEP growth in strong year Kathryn McCann After a subdued 2015/16 financial year, Pinsent Masons has broken the £400m barrier with revenues up 11% from £382.3m to…
Financials 2017: Linklaters sees currency impact drive 10% income hike as PEP surges 8% to hit £1.5m Legal Business Global revenue at Linklaters was up 9.8% in 2016/17 to £1.44bn, a record high for the Magic Circle firm, although…
Financials 2016/17: Kennedys posts 8% growth as expansive insurance player builds Euro business Kathryn McCann With a core base of demanding clients facing an uncertain future, insurance specialist Kennedys will be relieved to have posted 8%…
Financials 2017: Taylor Wessing UK PEP down while global profit approaches £100m Legal Business Taylor Wessing has released further details of its financial performance in 2016/17, showing the modest 1.8% increase in its UK…
Financials 2017: Ashurst boosts revenues 7% after year of departures and disappointing financial results Madeleine Farman Ashurst has improved its revenues by 7%, following last year’s disappointing financial results, with an 11% boost to its profits…
Financials 2017: Taylor Wessing UK revenue up 2% amid brighter global £270m result Georgiana Tudor Taylor Wessing has posted a modest 1.8% increase in its UK revenue to £128.9m in 2016/2017, in contrast to a…
TLT revenue rises 4% in fifth consecutive year of growth Legal Business Bristol-based LB100 firm TLT’s revenue rose 4% to £74.6m for the 2016/17 financial year, marking its fifth consecutive year of…
Financials 2017: Tough markets see CMS growth stall as group revenues dip below €1bn Tom Baker A year of turbulence and tough markets in Europe has apparently taken its toll on the region’s legal market with…
Financials 2016/17: Stephenson Harwood revenues climb 11% as PEP falls 9% Madeleine Farman Stephenson Harwood has posted another year of growth with revenues up 11% to £176m. The firm, however, saw a drop…
‘Strong result’: Watson Farley posts 20% rise in global revenues Tom Baker In a significant improvement on last year’s financials, Watson Farley & Williams (WFW) has posted an increase in global revenues…
‘A number of improvements’: Simmons leads the City pack in credible form with revenues up £21m Legal Business With City law firms braced for Brexit-related shocks, the first 2016/17 results from a major London practice will ease Square…
