Macfarlanes LLPs show profit dip to £82.5m as management pay rises Legal Business After record profitability last year Macfarlanes has reported a 9% fall in profits to £82.5m, while management pay was up,…
King & Spalding accounts for London and France show revenue up 11%, while profit dips 10% Legal Business Revenue at the London and Paris outposts of US firm King & Spalding surged 11% in 2015 to £41.9m as…
H1 2016/17: Nabarro posts solid financials ahead of 2017 mega merger Legal Business Ahead of its three-way tie-up with CMS Cameron McKenna and Olswang, Nabarro has increased its half-year revenues to £57.5m for…
Linklaters LLPs show profits up 5% as board members share £20m Legal Business Linklaters top board members received almost £20m in profits for the 2015/16 financial year, according to the firm’s latest LLP…
‘Playing to our strengths’: Simmons posts 5% half-year revenue rise Legal Business Simmons & Simmons announced today (6 December) a 5% increase in half-year income, bringing in revenue of £149m in the…
‘Deals are being done’: AIM-listed Gateley’s half-year revenues soar 19% to £35.2m Kathryn McCann AIM-listed Gateley has seen revenues jump significantly for the six months to 31 October 2016, up 19% from £29.6m to…
H1 2016/17: Watson Farley achieves 14% growth as DAC endures a slower first half Legal Business Watson Farley & Williams (WFW) has reported strong first half results for the 2016/17 financial year as DAC Beachcroft saw…
Financials 2016/17: Double-digit growth for A&O at the halfway point Madeleine Farman Allen & Overy (A&O) has increased its half year turnover for 2016/17, up by 14% on last year’s figures to…
‘A good start’: Fieldfisher posts 10% half-year revenue rise Georgiana Tudor The first LB100 firm to post mid-year results for 2016/17, Fieldfisher, has lifted revenue for the period by 10% to…
‘Strategic progress’: Paul Hastings posts 16% revenue rise in Europe to £96m Legal Business The European offices at Paul Hastings had a record year in 2015, with profit increasing by 50% from £20.2m to…
Irwin Mitchell LLP’s show profits fell 59% as a result of ‘fast-tracked’ Thomas Eggar integration Kathryn McCann Irwin Mitchell‘s first LLP accounts since the acquisition of Thomas Eggar in December last year show the firm’s profit on…
‘A transition year’: Dechert chief executive confident despite 10% drop in City turnover Legal Business The highest take-home pay at Dechert‘s City office rose by nearly 9% last year to £2.9m, while income at the…
First Osborne Clarke LLPs show revenue up as highest paid member takes home 22% more Kathryn McCann Osborne Clarke (OC) has published its first set of LLP results for its UK and US offices which show an…
Signature sees revenues soar 36% to £10.2m as boutique hires Bryan Cave litigation star Legal Business Disputes boutique Signature Litigation has seen revenue soar by 36% to £10.2m for the 2015/16 financial year, and continues invest…
Rise of the accountants: PwC’s legal arm posts 24% revenue jump to £59.9m Kathryn McCann Revenue at PwC Legal has soared this financial year, from £48.5m to £59.9m, an increase of 25%. Led by senior…
Comment: LB100 firms forced to make own luck as tough times continue Legal Business The headline isn’t great, but it’s not bad either. Judging our annual Legal Business 100 (LB100) results, the industry has…
Case study: Freshfields Bruckhaus Deringer Legal Business By some margin the strongest-performing Magic Circle firm for the 2015/16 year, Freshfields Bruckhaus Deringer posted 7% revenue growth from…
Case study: Berwin Leighton Paisner Legal Business Had merger talks earlier this year with Miami-based Global 100 firm, Greenberg Traurig, been successful, Berwin Leighton Paisner (BLP) would…
Case study: Mishcon de Reya Legal Business The standout performer from this year’s second 25 is once again Mishcon de Reya which, along with Macfarlanes, has been…
Case study: TLT Legal Business ‘We want to be a top 50 law firm. We have the trappings, but we’re not quite there yet.’ So…