Hogan Lovells posts ‘best year ever’ results

Topics: City

  • Print
  • Share
  • Comments (1)
  • Save

Related images

  • Hogan Lovells

International firm Hogan Lovells has posted its ‘best ever’ annual results, with profit per equity partner up 10% in 2013 to $1.208m (£718,564), compared with 2012.

Turnover increased 5.2% to $1.718bn (£1.03bn) in 2013, with revenue per lawyer up 3.7% to $742,613 (£444,661).

Advertisement

Europe represented 47% of the firm’s billings, followed by 66% from the Americas and 7% from Asia and the Middle East.

The firm said it has a number of ongoing initiatives to remain successful in a competitive market. 

‘Our regulatory capabilities stand out in particular as a distinctive strength,’ it said in a statement.

Hogan Lovells became one of the largest firms in the world following the merger between US firm Hogan & Hartson and City firm Lovells in 2010. The deal created a combined revenue of more than £1bn, with 2,500 lawyers in more than 40 offices.

According to Thomson Reuters Legal Advisers’ annual M&A review in January, Hogan Lovells outperformed all other UK firms in the value of mergers and acquisitions (M&A) it advised upon in 2013, ranking ninth in the world.

In recent months the firm has opened an office in Luxembourg, combined with Routledge Modise in South Africa and opened its second office in Brazil. 

Readers' comments (1)

  • 'Europe represented 47% of the firm’s billings, followed by 66% from the Americas and 7% from Asia and the Middle East'

    No wonder they're so successful. Unless my mathematics have failed me, that amounts to 120%!

    Unsuitable or offensive? Report this comment

Have your say

You must sign in to make a comment

  • Print
  • Share
  • Comments (1)
  • Save

Advertisement

Sign up for email news alerts

Daily Update. Keep abreast of the latest developments that affect the profession

PRACTICES FOR SALE, MERGERS, ACQUISITION & ASSOCIATION

LAW MERGERS BUSINESS FACILITATORS TO THE LEGAL PROFESSION Services Include: Mergers, Sales, Valuations, Practice Development, Feasibility Studies, Consultancy. CONTACT IN CONFIDENCE: Neville or Mack Dinshaw LAW MERGERS & ACQUISITIONS DX 42809 Kingsbury Tel: 020 8204 3600 Fax: 020 8204 4654 Email: neville@lawmergers.co.uk Web: www.lawmergers.co.uk WORLDWIDE CLIENT BASE QUALITY MANAGEMENT ISO9001 Registered Firm

SELLING? MERGING? VALUING? Acquiring? Free information from 01494 483728. raymondafox@aim.com www.BottomLineConsultancy.com or www.SolicitorSupermarket.biz

DUE TO THE retirement of one of two Partners in a Bolton based firm we are now seeking interested parties to join / merge. T/O in excess of £300k. Email rachel@boltonsolicitors.com

SMALL EAST MIDLANDS Practice seeks sale or merger. Good mix of Property, Private Client work with some litigation. Leased premises till beginning of November 2016, minimal dilapidations and willing to move. Turnover £440,000.00 per annum. Contact 07825 632078.

Browse the magazine

Current Issue

The Gazette offers you up-to-the-minute national and international news, opinion, features, in-depth articles plus a jobs and appointments section.

Please click the link below for a digital edition