29 August 2013

Baker & McKenzie sets record profits

Baker & McKenzie has upped profits per partner by 10 per cent on its way to record profits of £1.56 billion.

By Neasa MacErlean

Revenue distributed around the globe Sam. C

The results for the year to 30 June show an even spread of income from around the world - spread between Europe and EMEA (37 per cent), Asia Pacific (28 per cent) and the Americas (35 per cent). It cited its most notable UK contracts as advising General Motors/Opel-Vauxhall, Best Buy and FedEx. Revenue rose 5 per cent.

According to City AM, Eduardo Leite, chairman of the firm's executive committee, said: 'Our strong emphasis on becoming a more client-driven firm has had a positive effect on both our revenue and profits even in another challenging year for the global economy.'

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