Law Firm Finances and Profitability - Page 6

Global revenue rises 5.8%, though London’s contribution slides 8% to $94.5m

Chicago giant again sets turnover record for Am Law 100 as profits per equity partner climb to $9.25m

Spanish heavyweight says 6% growth cements its place as leading law firm in the EU by revenue

PEP rises nearly 14% to $1.8m while London office grows turnover 15% following two years of decline

Los Angeles giant’s PEP tops $7m following 29% growth last year

German firm generates €201.8m in revenue, the second year in a row it has topped €200m

Transatlantic firm cites balanced growth across practices as PEP pushes past $3m

Law Society report warns firms to wean themselves off reliance on client interest for profit boost

Results follow Spanish firm’s landmark merger with 100-lawyer Mexican firm in 2024

London office revenue jumps by 25% and overall PEP increases 27% to $4m as firm points to strength of global network

Billing rate hikes and transactional practices drive growth as Am Law 50 firms leave smaller rivals trailing, according to report by Wells Fargo

Turnover hits £220.1m in 2024 as profit dips slightly following 60% leap in 2023

Cravath, Paul Hastings, McDermott and Fried Frank match Milbank in handing out up to $140,000 of extra cash to associates

Bonuses ranging from $15k to $115k to be handed out by 31 December

Average compensation jumps 26% in two years according to survey by Major Lindsey & Africa