Law News
Law news found and posted by the lawyrs community.
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Feb 08 2012
The profit pool at SNR Denton dropped from £37.9 million to £22.5 million in 2010-11. Turnover in the same period fell from £166.1 million to £152.5 million. The firm...
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Feb 02 2012
Mayer Brown has increased its revenue by 2.4 per cent – after two years of falling revenues. The figures will be some relief for the firm after dropping 14 per cent in...
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Jan 21 2012
Scotland’s largest law firm by turnover, McGrigors, has confirmed that it is in merger talks with the London-based Pinsent Masons, with a deal to be put to the firms’...
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Jan 15 2012
A new report from management consultants PwC has observed that Scottish Law firms are still struggling under difficult market conditions and regulatory changes, with...
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Dec 21 2011
Bird & Bird has increased its fee-earner headcount by three per cent this year, from 654 to 673. The growth represents one of only a few cases of firms adding to...
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Dec 04 2011
UK firms Martineau and Sprecher Grier Halberstam are set to merge, forming a combined entity with more than 200 fee-earners, 60 partners and a turnover of £30 million....
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Dec 03 2011
The top earning partner at Linklaters took home £2.2m in the last financial year, according to accounts just published by the firm. According to RollOnFriday the sum...
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Nov 14 2011
Eversheds has saw revenue increase by 6.7 per cent in the first half of the 2011-12 financial year, with turnover increasing to £184.2m over the six month period,...
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Oct 31 2011
UK firms Beachcroft and Davies Arnold Cooper have merged to form DAC Beachcroft, with a headcount of over 2000 lawyers across the UK, Europe and Asia Pacific and Latin...
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Jun 23 2011
Kennedys has posted a 10.3 per cent jump in revenues for the 2010-11 financial year, recording a turnover of £97.4m.
The firm has seen significant increases in...
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Jun 23 2011
Addleshaw Goddard has appointed four partners to its new unitary board, which was created recently to streamline the management of the firm by combining the governance...
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May 30 2011
Berwin Leighton Paisner has reported a 56 per cent jump in profits per equity partner, up from £455,000 to £712,000, in the last financial year. The firm increased...
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May 11 2011
Wragge & Co has reported 16 per cent rise in turnover for the 2010-11 financial year, growing from £96.2m to £112m. The strong result follows a tough year in 2009-10,...
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Dec 21 2010
DLA Piper has announced a very lean pay rise for support staff – adding just 2 per cent to their salaries in the first pay increase in four years. As Roll On Friday...
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Nov 17 2010
Eversheds has reported a 3 per cent drop in turnover in its half-year financial results. Revenue fell from £178m to £172.6m.
Eversheds chief executive Bryan Hughes...
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Sep 06 2010
Addleshaw Goddard partners contributed a massive £15.6 million to the firm in the last financial year, according to recent reports.
The news highlights the...
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Feb 02 2010
White & Case's total revenue for the 2009 financial year fell by 11 per cent from $1.467bn to $1.307bn.
Average profit per equity partner (PEP) reached $1.595m, a...
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Jan 21 2010
Cadwalader, Wickersham & Taft reported a 28 percent increase in profits per partner, the firm's first positive results since 2007.
Cadwalader's gross revenue...
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Jan 15 2010
K&L Gates has passed the $1bn revenue mark in 2009 for the first time in the firm's history.
The US firm saw gross revenue increase by 8% to $1.034bn, while profits...
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Nov 30 2009
Ashurst has seen revenues fall by 14% for the first half of the financial year, becoming the latest firm to post a double-digit decrease in turnover at the half-year...
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Nov 21 2009
Magic circle firm Linklaters has reported a 9.5% fall in revenue to £591m from £653m for the first half of the 2009-10 financial year.
The drop in turnover comes...
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Nov 07 2009
Simmons & Simmons has reported a significant fall in half-year revenues, with turnover plummeting 16% to £120.3m.
This time last year, Simmons reported H1 turnover...
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Nov 07 2009
Allen & Overy’s (A&O) global revenues are down seven per cent year-on-year for the first half of 2009-10, with turnover standing at £511m.
For the six months to 31...
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Jul 23 2009
Dundas and Wilson, one of Scotland's largest law firms, has posted a drop in annual profits of nearly £9m.
Profit per equity partner fell from £385,000 in 2007-8 to...
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Jul 15 2009
Simmons & Simmons saw average profits per equity partner (PEP) drop by nearly 20 percent after four consecutive years of growth.
Turnover increased marginally from...
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Jul 10 2009
UK law firm Allen & Overy saw partner profits slide 9 percent for the for the year to April 30.
However, despite a fall from £1.1 million to £1.0 million (US$1.6...
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Jul 09 2009
Hammonds has posted a dip in turnover of 5% to £125.4m for 2008-09, down from £132m.
Profits per equity partner (PEP) fell by 25% to £276,000 from £367,000 in the...
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Jul 09 2009
UK law firm Nabarro posted a 35 per cent fall of partner profits (PEP) in 2008-09, from £574,000 to £375,000. Nabarro's revenue dropped by 9 per cent to £127m .
The...
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Jul 09 2009
Ashurst's profit per equity (PEP) dropped 35 per in the 2008-09 financial year from £1.04m to £673,000, reports The Lawyer.
Ashurst’s turnover fell by 7 per cent...
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Jul 04 2009
Linklaters announced a rise in revenues for the year ending April to £1.29 billion, which makes it the UK's highest-grossing law firm.
Magic Circle rivals Clifford...
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Jul 03 2009
Freshfields Bruckhaus Deringer has reported a 9% increase in turnover to of £1.29bn for the 2008/2009 financial year, taking it ahead of Magic Circle rival Clifford...
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Jul 03 2009
As expected, Clifford Chance has lost its position as the world's biggest law firm to US rival Skadden, Arps, Slate, Meagher & Flom.
The Magic Circle firm has...
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Jul 01 2009
Clifford Chance saw its profits per equity partner (PEP) slide by 37%, plummeting from £1.156m to £733,000 in the 2008-09 financial year. Revenues were down 5 per cent...
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Jun 26 2009
Beachcroft has announced that revenues were rising 6 per cent to £121m in the financial year 2008-2009, while there was a dip in profits of 2.9 per cent.
Average...
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May 27 2009
The financial cost of funding three rounds of redundancies has seen Eversheds’ average profit per equity partner (PEP) figure drop by 26.8 per cent over the last year...
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May 27 2009
The massive impact of sterling’s decline against the euro and the dollar has helped bolster Lovells’ 2008-09 financial results, with the firm posting a rise in revenue...
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Jan 08 2009
The average earnings per partner at Eversheds grew by £4,000 to £351,000 in the financial year 2007-2008. The highest-earning partner earned £860,000 in that period,...
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Nov 24 2008
Linklaters has unveiled its half-year results, posting an increase in turnover of 3% from £633m to £653m in the financial year to October.
Linklaters's City rivals...
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Nov 08 2008
Allen & Overy announced its half-year financial results for the six months ended 31st October, with turnover at £548 million (USD866), up 11% from £593 million for the...
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Nov 07 2008
Denton Wilde Sapte has grown turnover by six per cent for the first six months of 2008-09.
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Nov 05 2008
Ashurst has posted a 7.5% increase in turnover for the first six months of the financial year, with revenues rising to £158m from £147m in the same period last year,...
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Oct 14 2008
Salans has boosted its turnover by 20 per cent in the first three quarters of 2008, bringing in Euro 150m. Salans chairman Stephen Finch said the firm’s strong...
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Jul 04 2008
Allen & Overy's figures show a 15% rise in turnover to £1.016 billion.
RollOnFriday has published a detailed list of law firms which have posted double digit...
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Jul 02 2008
Hammonds has posted a drop in profits per equity partner (PEP) of over 9% to £367,000 for the last financial year, as the national giant becomes the latest firm to...
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Jun 25 2008
Southwest duo Osborne Clarke and Burges Salmon have both posted double-digit growth for the most recent financial year, as the regional heavyweights release their...
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Jun 25 2008
Macfarlanes has achieved a modest 6.7 per cent rise in revenue but failed to increase its average profit per equity partner. In the firm's latest financial results,...
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Jun 13 2008
Nabarro has become the latest firm to unveil its financial results for 2007-08, posting a double-digit increase in revenue while profits per equity per partner (PEP)...
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Jun 05 2008
Watson Farley & Williams has become the latest City firm to post its financial results for the 2007-08, with the top 50 UK outfit unveiling a 9% increase in revenues....
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Jun 03 2008
Freshfields Bruckhaus Deringer has broken the billion-pound revenue mark for the first time.
One week after its "magic circle" rival Clifford Chance announced a...
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May 31 2008
Profit per equity partner at Addleshaw Goddard has increased to £586,000 after the law firm increased its annual income by 11%.
The firm, which has offices in...
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May 30 2008
Taylor Wessing has become the latest firm to post solid financial results, with the top 30 firm’s UK operations seeing an 11% increase in turnover. The firm has yet to...
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May 30 2008
Bird & Bird has reported a revenue hike of almost 25% for the last financial year, with the firm today announcing that fee income hit £143m for the year ending 30...
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May 30 2008
Clifford Chance has retained its position as the world’s biggest law firm after announcing revenue of £1.33 billion for the last financial year, in defiance of...
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May 25 2008
RollOnFriday has published a list of the latest law firm results:
Firm --- Turnover --- % increase on 06/07
Field Fisher Waterhouse --- £88m --- 30%
Norton...
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May 23 2008
CMS Cameron McKenna’s average profit per equity partner (PEP) has rocketed by 30 per cent, to £650,000 from £502,000 a year ago. The firm also revealed turnover of...
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May 14 2008
Norton Rose has posted a dramatic rise in turnover in its financial results for 2007-08, with the top 10 City firm seeing revenue soar by more than a quarter to near...
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May 12 2008
Ashurst has posted a 17% increase in turnover to smash through the £300m barrier, joining top 10 City rival Simmons & Simmons in announcing a double-digit increase in...
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Mar 08 2008
DLA Piper’s Continental European offices saw turnover grow by 60% during 2006-07 to make up around a quarter of the firm’s revenues outside of the US. Turnover in the...
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