Law Firm Finances and Profitability - Page 3
Osborne Clarke posts double-digit rise in UK PEP as firm-wide revenue grows 19% to €525m
UK independent points to growth in US and ESG and energy practices as it exceeds €500m revenue target one year early
US and UK growth drive 17% increase in Kennedys’ revenue
Turnover at insurance specialist jumps to £384m as fee-earner count climbs by 12%
Stephenson Harwood points to five-year plan as revenue climbs by 16%
Turnover hits record £264.2m as PEP rises 7% to £775K
Browne Jacobson boosts turnover by 12% to record high
Top 50 firm more than doubles revenue in a decade as turnover in year to 30 April 2024 rises to £118m
Quinn Emanuel ups London NQ pay to £180k
Litigation heavyweight matches Gibson Dunn’s market-topping NQ rate as it ups associate salaries across the board
Norton Rose Fulbright grows revenue 8.3% to $2.26bn
PEP soars by 32.7% as equity partner ranks shrink by more than 100 lawyers
Sidley sees UK revenue climb to $209.7m as global turnover tops $3bn in 2023
UK practice accounts for almost 15% of global revenue as sports and restructuring deals grow
Gibson Dunn revenue tops $3bn as PEP grows nearly 13.4%
Profit per equity partner at New York giant hits $5.58m in 2023 in 27th consecutive year of profit growth
Kirkland’s revenue tops $7bn as PEP nears $8m
Chicago giant becomes first law firm to smash turnover milestone as PEP grows 6%
Cooley pushes revenue to $2.03bn as lawyer ranks decrease
Tech-focused firm sees PEP grow 8.2% following almost 20% decline in 2022
White & Case revenue nears $3bn as PEP jumps 12.7%
Top 10 US firm reverses 2022’s revenue and profit falls despite subdued global M&A market
Greenberg Traurig sets revenue record for 10th straight year as turnover hits $2.3bn
US firm grows revenue 6% and promotes 38 to shareholder, with women making up just over a third of the cohort
Garrigues maintains growth streak as revenue tops €450m
Leading Spanish firm says 2.5% turnover growth sees it become first EU law firm to break €450m revenue barrier
Hogan Lovells rings in record results as turnover hits $2.68bn
PEP jumps 20% to $2.74m as transatlantic firm marks return to growth after revenue and profit dips in FY22
Mason Hayes & Curran grows revenue 7% to €114m
Strong demand across all core industry sectors sees Dublin stalwart’s turnover top €100m for second consecutive year
Quinn Emanuel’s London arm posts 47% increase in revenue
‘Material’ one-off success fee drives eye-catching results as profit soars 60%
UK legal services sector sees revenue climb in 2022 but pace of growth halves
Growth slows to 5.6% from 12.5% in 2021, according to TheCityUK’s annual UK legal services report
The bonus balance: navigating global compensation in Big Law
Associates want a global, consistent approach to bonuses and pay, writes Major Lindsey & Africa’s Nathan Peart
Baker McKenzie reports flat revenue of $3.3bn as profits hold steady
Net income hovers at $1.2bn for second year running following 2021’s record 37% rise
Regulator takes control of Axiom Ince to protect clients’ interests
Solicitors Regulation Authority makes what is expected to be the largest – and most costly – intervention into a law firm
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