UK Magic Circle firm says US revenue has grown 65% since FY23; PEP rises 9% to £2.3m
Firm’s Australia and Europe, Middle East and Asia operations grow turnover 25% to £763.5m in 2025 following integration last July
City firm posts 9.1% revenue increase after difficult 2024/25 financial year, with PEP reaching a record £1.4m
UK Magic Circle firm sees PEP hit £2.5m and pre-tax profit climb to £1.2bn
PEP reaches $4.1m as revenue climbs 8.4% to $4.6bn in last financial year before new global LLP structure came into effect
Turnover holds steady at $3.7bn as profit per equity partner rises 12% to $2.9m following period of partner cuts and departures
UK-headquartered firm cites investment in lateral hires and international platform as it reports ‘measured’ set of results in fourth year of growth strategy
Record turnover attributed to tech, office and headcount investment
UK-headquartered firm ups revenue 4% to £398m in year to end of March as PEP dips 3% to £975k
UK firm lets go of partners and downgrades others’ equity shares in growth push, according to the Financial Times
UK-founded firm cites challenging market conditions as topline hits €702m and PEP drops 1.5% to €819k
Leading City independent ups NQ salary from £140k alongside pay bumps for trainees that sees it exceed the Magic Circle
Latest results continue long-term growth trend, with profits increasing 43% in five years
Turnover rises 17% to £644m as firm continues Europe and Middle East expansion
UK firm cites investment in technology and high-value work across corporate, litigation and real estate as turnover exceeds £221m