News – Page 23
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Sterling slide boosts turnover at global firms
Herbert Smith Freehills and Clyde & Co report stronger growth in revenues than profits.
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Mishcon de Reya boosts annual revenue by 17%
Turnover now increased by 100% compared to five years ago.
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Dentons reveals 9% PEP dip for UKMEA
Global firm posts small revenue increase but partner profits decline.
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PEP up at Freshfields but income stagnates
Magic circle firm had a ’solid’ year amid challenging market conditions.
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Pinsent Masons reports 14% PEP rise to £625k
Firm posts increased revenue as it seeks to expand ’alternative forms of delivery model’.
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Currency fluctuations help boost profits at Linklaters
Magic circle firm reveals 8.6% increase in pre-tax profit, with equity partners collecting £1.5m.
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Fairpoint shares suspended after bank pulls the plug
Simpson Millar owner has endured a difficult year trading on the stock market.
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Simmons & Simmons back on track after last year's profit hit
Net profit and profit per equity partner on the rise.
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Profit growth lags behind turnover at Osborne Clarke
Currency fluctuations contribute to slower growth globally for international firm.
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Gateley plc eyes expansion after 14% profit increase
Turnover also up by £10m over six-month period as share price reaches new high.
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Turnover rise fails to deliver higher profits for Cripps
Top-100 reports turnover has increased for fourth straight year.
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Eversheds hails results despite dip in profitability
Figures for 2016/17 do not account for merger agreed earlier this year.
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ULaw profits dip as highest-paid director banks nearly £800k
Trading has got tougher for Britain’s first for-profit university, but the University of Law has banked tens of millions of pounds from selling its property.
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Loan write-off tips Minster Law into profit after £23m loss
Yorkshire firm says acquisition leaves it well prepared for changes in the personal injury sector.
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SRA moves in to shut down Asons as firm loses £2.1m
Town hall chiefs reveal former chief executive Kamran Akram personally repaid £300,000 to Bolton Council.
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Simpson Millar owner warns of troubled 2017
Fairpoint Group PLC announces sharp drop in profits and predicts a 15% fall in legal services revenue this year.
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Debevoise results ‘steady’ despite revenue dip
Profit per equity partner falls by more than £170,000.
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Barclays among creditors owed £33.5m after KWM collapse
Administrators recover £6.7m from sales of parts of the former business.
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Litigation funder reports bumper 2016 as market continues to grow
Burford Capital reports operating profits up 61% to £102m.