Law Firm Finances and Profitability
Stephenson Harwood points to disputes volatility as profits fall by 12%
Revenue dips by 2% to £303m as CEO cites timing of success-based fees
Mourant takes private equity investment to fund international expansion, AI investment
Offshore firm sells 27% stake to mid-market PE firm MML to fund international expansion, lateral hires and investment in AI
Macfarlanes’ PEP holds steady as revenue nears £390m
PEP stalls at £3.1m in year top UK independent characterised as ‘transitional’
Osborne Clarke revenue approaches €600m in year of ‘consistent growth’
International revenue hit €593.9m while UK business saw PEP push through £800k for second consecutive year
Withers’ profits jump almost 30% as revenue nears £360m
Private client specialist has added on average one billionaire each week as a new client over the past four years
CMS pushes global revenue close to €2.2bn
Firm highlights corporate practice as biggest contributor as topline grows 4.8%
Clifford Chance flags US push as global revenue climbs 9% to £2.6bn
UK Magic Circle firm says US revenue has grown 65% since FY23; PEP rises 9% to £2.3m
Norton Rose Fulbright rings in revenue, profit rises
Firm’s Australia and Europe, Middle East and Asia operations grow turnover 25% to £763.5m in 2025 following integration last July
Travers Smith turnover hits record £229m as profit rebounds
City firm posts 9.1% revenue increase after difficult 2024/25 financial year, with PEP reaching a record £1.4m
Linklaters points to US growth as turnover climbs 7% to £2.5bn
UK Magic Circle firm sees PEP hit £2.5m and pre-tax profit climb to £1.2bn
DLA Piper grows PEP nearly 20% in final year as verein
PEP reaches $4.1m as revenue climbs 8.4% to $4.6bn in last financial year before new global LLP structure came into effect
A&O Shearman posts flat revenue as PEP returns to pre-merger levels
Turnover holds steady at $3.7bn as profit per equity partner rises 12% to $2.9m following period of partner cuts and departures
HFW revenue inches up 2% to £270m against 6% dip in PEP
UK-headquartered firm cites investment in lateral hires and international platform as it reports ‘measured’ set of results in fourth year of growth strategy
UK law firm TLT posts 11% revenue growth to break £200m revenue barrier
Record turnover attributed to tech, office and headcount investment
Fieldfisher’s revenue nears £400m amid European growth push
UK-headquartered firm ups revenue 4% to £398m in year to end of March as PEP dips 3% to £975k