The LB100 – A thousand lawyer millionaires and the at-a-glance picture on partner earnings

The LB100 – A thousand lawyer millionaires and the at-a-glance picture on partner earnings

It is a well-established point in the legal industry that while much attention is paid to profits per equity partner (PEP), that metric is often substantially different to what most partners are paid.

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Going long: a ten-year view of the LB100

Going long: a ten-year view of the LB100

While headline figures for revenue, profit and headcount in this year’s LB100 confirm another year of subdued trading, a look at how the top 100 UK-based firms by revenue have performed overall since the halcyon, pre-credit crisis days of 2006 makes interesting viewing. Not least as they are testament to the inherent strength of the industry, despite the hurdles it has seemingly faced in ten years. We also look at 2011 as a five-year mid-point, the stage when the global financial crisis had started to ebb. Continue reading “Going long: a ten-year view of the LB100”

The Legal Business 100 2016

The Legal Business 100 2016

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The LB100: The top 25 – In a spin

The LB100: The top 25 – In a spin

Previously outpaced by US rivals and the UK mid-tier, some optimism has been restored by the global elite in London. Legal Business decides where to place its bets

 


 

‘I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy.’

Warren Buffett

 


 

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LB100 Focus: Don’t look back in anger: Ashurst leadership tries to rally partners but the drift continues

LB100 Focus: Don’t look back in anger: Ashurst leadership tries to rally partners but the drift continues

Five years on from its controversial Australian combination – and after a punishing 2015/16 – the storied City firm is still far from finding the form it needs in a competitive global market

‘We had known that the firm had been struggling for a while but we didn’t know, and certainly weren’t expecting, a 20% decrease to our [profit per equity partner] PEP,’ a recent Ashurst leaver tells Legal Business.

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