UK top 100 largest law firms suffer slowest rise in quarterly revenue in nearly two years

News Article - 28/09/2012 : financial results, revenue, Finance

The UK's 100 largest law firms by revenue have seen their slowest income growth rate for six quarters, with the largest firms seeing the most sluggish growth.

Results from Deloitte's quarterly law firm survey show an average...

ABS first-movers Co-op and Slater & Gordon post rising revenues

News Article - 28/08/2012 : ABS, revenue, Finance, Finance

Co-operative Legal Services (CLS) and Slater & Gordon - two of the early adopters of the alternative business structure (ABS) model – have posted rising revenues in their latest financial reports.

In its 2012 half-year report,...

Bold merger moves propel Norton Rose and Ashurst up global rankings

News Article - 27/07/2012 : magic circle, revenue, Finance, Finance

Norton Rose and Ashurst have emerged as the fastest-growing firms over 2011-12 in Legal Week's global rankings, which take into account revenues generated across both UK and international profit centres tied with the firms.

Norton...

Dundas posts 35% partner profits dip as revenue falls by 12%

News Article - 23/07/2012 : financial results, revenue, turnover, Finance, Finance

Dundas & Wilson has seen profit per equity partner (PEP) fall by more than a third during 2011-12, while revenue also saw a double-digit drop after a challenging financial year for the firm.

Total turnover at the Scots firm...

Speechly Bircham revenue drop shows impact of RBS loss

News Article - 19/07/2012 : financial results, pep, revenue, Finance, Finance

Speechly Bircham has posted a fall in revenue for the 2011-12 financial year, with total fee income down by 3 per cent from £59.5m to £57.6m.

Net profit also fell, from £14m to £11.3m, while average profit per equity partner...

Orrick and McDermott see UK revenues dip

News Article - 17/07/2012 : financial results, revenue, Finance, Finance

The UK arms of Orrick Herrington & Sutcliffe and McDermott Will & Emery have posted decreasing revenues and profits for the 2011 calendar year, according to public accounts filed today (16 July).

Orrick's English, French and...

Withers sees PEP climb 19% as Ince reports increase in revenue

News Article - 16/07/2012 : financial results, revenue, turnover, Finance, Finance

Withers and Ince & Co have both posted increases in revenue in 2011-12, as the final financial results for the UK's largest 50 law firms emerge.

Withers saw double digit increases in both turnover and profits per equity partner...

Macfarlanes boosts partner profits by 20% as revenues rise 8%

News Article - 09/07/2012 : pep, revenue, Finance, Finance

Macfarlanes has seen profits per equity partner (PEP) jump 20% this year, marking the firm's highest PEP figure since 2008.

PEP at the City firm has climbed to £903,000, up from £752,000 last year, while revenue has also grown 8%...

First-mover firms report average turnover growth of 7 per cent for 2011-12

News Article - 02/07/2012 : financial results, revenue, Finance, Finance

Firms have been slow off the mark when it comes to unveiling their financial results for the 2011-12 year, but the first to post revenue figures have on average beaten market expectations by posting growth of almost 7 per cent.

The...

Herbert Smith sees PEP return to 2006-07 levels as turnover nudges up

News Article - 25/06/2012 : pep, revenue, turnover, Finance, Finance

Herbert Smith has posted a 3 per cent increase in turnover and a 7 per cent drop in average profit per equity partner (PEP) for the 2011-12 financial year.

Revenue for the year rose to £480m, up from £465.1m last year, with equity...

Wragges boosts revenues by 5% after strong disputes showing and international push

News Article - 22/06/2012 : financial results, revenue, turnover, Finance, Finance

Wragge & Co has unveiled its headline financial performance for 2011-12, with turnover growing 5% to £118.2m.

The result, which improves on last year’s figure of £113m, was driven in part by a strong performance from the firm’s...

UK top 100 firms record average fee income rise of 7% for 2011-12

News Article - 22/06/2012 : fee income growth, revenue, Finance, Finance

The UK’s top 100 law firms recorded average fee income growth of almost 7% for the last financial year, according to new research from professional services giant Deloitte.

The results of Deloitte’s quarterly law firm survey show...

SJ Berwin posts static results as turnover and PEP nudge up 1%

News Article - 21/06/2012 : financial results, revenue, turnover, Finance, Finance

SJ Berwin has announced static results for the 2011-12 financial year, with turnover and profits per equity partner (PEP) both edging up by 1%.

The top 20 UK law firm has posted revenues of £180.1m, up by 1.1% from last year's...

Mishcon unveils turbo-charged results as turnover leaps 20 per cent

News Article - 21/06/2012 : revenue, Finance, Finance

Mishcon de Reya is on track to smash its three-year budget target after unveiling 20 per cent revenue growth at the 2011-12 year end.

The firm saw turnover rise from £61.5m to £73.1m putting it in good stead to achieve its £80m target by...

BLP announces 8% revenue growth as firm nears £250m mark

News Article - 14/06/2012 : revenue, turnover, Finance, Finance

Berwin Leighton Paisner (BLP) has announced an 8% rise in revenues for 2011-12, taking total turnover at the firm to almost £250m.

The City firm has posted revenues of £246m for the 2011-12 financial year, up from £229m last year....