The highest-paid LLP member at Fieldfisher took home £1.24m last year, almost twice as much as last year, following back-to-back years of strong revenue growth for the firm.
The highest-paid LLP member at Linklaters took home £3.2m during the last financial year, a 33% increase on what was paid in in 2013/14.
Having spent a reasonable chunk of my pundit duties over the last three years noting significant shifts against London’s elite on the global stage, I confess I had expected financial results this year to break that pattern with City leaders managing a more confident showing. Particularly as the Global 100 firms collectively grew revenues by 5% to $92.7bn, while profits increased 7% to $36.43bn.
As Clyde & Co’s Manchester office revenues look to hit £26m for 2014/15, the firm is expanding the presence it gained in the city through its 2011 tie-up with Barlow Lyde & Gilbert with a move into new premises and the hire of two partners from Squire Patton Boggs.
Shepherd and Wedderburn’s chief executive Stephen Gibb (pictured) has hailed 2014/15 a ‘cracking year’ as the firm posted a revenue increase of 26%, from £38m last financial year to £48m in the year to 30 April.
Modesty should probably preclude Legal Business covering the annual report from TheCityUK on the UK legal services market since it makes heavy use of our statistics but as it takes the time to detail the unsung business success story that is law we’ll take a look.