After a string of international office openings and staking a claim as one of the fastest growing firms in the LB100, Fieldfisher has announced a 20% rise in turnover in its half-year results for 2017/18.
The firm’s half-year revenue is £76.8m, up from £64.1m. The figure excludes turnover from all the Swiss Verein members and covers Fieldfisher’s offices in the UK, Silicon Valley, Paris, Brussels and Germany This represents a significant uptick in the top line from the two previous years: in 2016/17, revenue was up 10% at the H1 stage, while the firm posted an 8% rise the year previous. Continue reading “Fieldfisher sets pace again with 20% H1 growth as it unveils more key hires”
LB100 firms weather initial Brexit turbulence but good times remain a distant memory
Flattered by turbulent forex markets, the UK’s largest law firms outperformed smaller rivals in the Legal Business 100 (LB100), as the group weathered economic and political headwinds through 2016/17 to eke out an ultimately indifferent performance. Continue reading “The LB100: Forex flatters market leaders but most struggle to find their form in another tough year”
This year’s Legal Business 100 coincides with the most inauspicious of anniversaries after a year with the most inauspicious of beginnings. A decade since the start of the global financial crisis and just over a year since the result of the Brexit referendum, the perception is that political and economic uncertainty has ultimately had little impact on the performance of top 100 UK law firms. Particularly on those at the top.
The drama has been well documented. UK and European markets continued to show resilience, mainly aided by foreign investment, despite the last financial year starting off with six to eight weeks of post-referendum impact. By Christmas, transactional practices were upbeat and grew stronger into 2017. Then article 50 was triggered just before the end of the financial year and unease settled in again. Continue reading “Legal Business 100 overview: Your story”