Noerr cites uptick in cross-border work for revenue growth of 12.3% to €190.8m Jaishree Kalia German independent Noerr has posted a record turnover of €190.8m for 2013. The Munich-headquartered firm’s revenue grew by 12.3% from €170m…
Global turnover nudges up at Reed Smith while London posts equally steady growth David Stevenson Top-30 global firm Reed Smith has seen its 2013 revenue grow by 6% to $1.075bn from $1.013bn, while its profit…
Quinn sees London revenue and profit drop by around 30% as Weil Gotshal’s 2013 numbers decline Jaishree Kalia Expansive US litigation boutique Quinn Emanuel Urquhart & Sullivan has posted conflicting global and London results for 2013, with overall turnover…
Early numbers in US results season confirms solid growth as Shearman and Dechert lead the pack Legal Business US leaders grind out growth in 2013 despite ‘anaemic economy’ Despite having to contend with what Latham & Watkins’ outgoing…
Taking Manhattan – Gibson Dunn posts strong 2013 financials after another impressive year Jaishree Kalia Identified as one of a handful of firms based outside New York that have mounted a serious challenge to the…
Global growth for K&L Gates but profits edge down in 2013 David Stevenson Even for rapidly globalising law firms, the market remains challenging, it seems. Financial results for K&L Gates show the US…
Revival watch – after a lost decade Shearman delivers pace-setting 9% fee hike as PEP soars to $1.8m David Stevenson It was a performance that the Wall Street thoroughbred badly needed and at last Shearman & Sterling has proved its many…
US results season: Sidley posts a 7% increase in turnover as Mayer Brown sees a return to 2007 PEP levels Jaishree Kalia A year of expansion has seen top 15 Global100 firm Sidley Austin post solid 2013 results, with revenue up by around 7%…
US results season: White & Case sees revenues increase 4% as PEP hits $1.87m Jaishree Kalia Despite the recent relative economic revival in the US, the world’s largest legal market remains turbulent but early numbers from…
LLP latest: Speechly points to owed client fees for fall in profits as Ashurst and Hill Dicks also post profit drop Sarah Downey Private-client focused Speechly Bircham has become one of the latest LB100 firm to post its limited liability partnership (LLP) accounts at…
NRF unveils rise in bank loans to £55m but drop in net debt as South African partner appointed as global chair Legal Business Norton Rose’s last pre-Fulbright & Jaworski merger limited liability partnership accounts reveal that the top 10 LB100 firm’s bank loans rose…
LLP latest: Mayer Brown sees revenue dip by 9.5% as Pinsents gains £20m from McGrigors merger Jaishree Kalia Mayer Brown has released its LLP results for the year ending 2012/13 for the UK business, reporting a 9.5% loss…
LLP latest: SJ Berwin, Squire Sanders and Irwin Mitchell file results Legal Business The last LLP filings of SJ Berwin in the financial year before its merger with King & Wood Mallesons reveal…
LLP latest: DLA Piper’s net debt down 32% as RPC posts 21% increase in fee income Legal Business DLA Piper International’s net debt decreased by 32% while cash in the bank dropped almost 15% according to its most recent…
Morgan Stanley and Deutsche Bank blame litigation for drop in Q4 profits Sarah Downey Financial institutions report multibillion-dollar effects of post-crisis costs Morgan Stanley and Deutsche Bank have become the latest major financial institutions…
Latest LLP filings show increased borrowing Legal Business BLP bank debt up sharply as 2012/13 annual reports filter through Growing debt was a recurring theme in the limited…
LLP latest: Taylor Wessing posts 4% increase in UK fee income Sarah Downey Taylor Wessing has become the latest LB100 firm to post its limited liability partnership accounts via Companies House, which show…
LLP latest: Hogan Lovells stands out for lack of debt as accounts show 5.4% increase in profit before tax Sarah Downey Transatlantic LB100 firm Hogan Lovells has become the latest to release its LLP accounts for the 2012/13 financial year, posting a…
Bank spend – RBS warns of £3bn extra litigation costs ahead of next month’s financial results Legal Business In a statement rushed out late yesterday (27 January) to soften the blow of its official results announcement next month,…
LLP latest – Bird & Bird and Eversheds pay cost of expansion and restructuring Sarah Downey The cost of Bird & Bird’s strategic investment in 2012/13 became apparent today (27 January) with the filing of its limited…
