News – Page 4
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Macfarlanes’ highest earner paid £3.6m in ‘challenging’ year
One of London’s most profitable firms ended 2022-23 with £88m in the bank.
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University of Law reveals £400,000 loss
Review of unpaid aged debts leads to income adjustment for year to 31 May 2023.
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Law firm lender reports £84m annual loss
Novitas ceased lending in 2021 but continues to deal with loans arranged through solicitor firms.
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Law firm owner's shares in freefall after grim profit warning
Rosenblatt owner reveals it has incurred £1.9m costs fighting employment claims.
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Legal sector revenues still climbing, City reports - but growth rate halves
TheCityUK’s annual bellwether finds that legal services contributed £34bn to the economy in 2022.
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Profits nosedive and fee earner numbers slashed at BCLP
Firm took a £22m hit from ceasing operations in Russia in 2022, according to annual report.
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Credit hire boom powers firm’s 62% profit surge
Winn Group offers one-stop shop for claims process - including personal injury.
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Mishcon secures £75m credit line for ‘investment opportunities’
In June last year the London firm abandoned a stockmarket listing ‘for the foreseeable future’.
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Losses grow at litigation funder despite higher revenue
Augusta Ventures Limited reports £1.4m loss in 2022 as administrative expenses soar.
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Surge in corporate collapses aids litigation funder
Manolete reports sharp rise in income and posts first-half profit as insolvencies climb to a 15-year high.
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Interest on client money perks up Mills & Reeve
Top-50 national firm posts increase in annual profits.
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Baker McKenzie reports flat revenue figures again
Firm says it is facing up to challenges of market uncertainties.
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Express delivering: PI firm’s profits surge
Manchester-based practice has made a string of acquisitions.
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Rosenblatt owner ‘ditching historic baggage’ as profits dip
RBG Holdings offloaded its litigation finance business to refocus on legal services.
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Regional firm reports profit surge
Muckle says turnover has continued to climb in the early months of the new financial year.
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Revenue growth powers profits at Co-op Legal
Digital expansion helps increase referrals by 51% in first half of 2023.
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Profits bounce back at upbeat Keystone
Interim results show profits up 29.3% amid 'strong market and recruitment momentum'.
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Staff miss out on bonuses as listed firm’s pre-tax profits slide
Gateley hails strong financial performance based on underlying profits.
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Net debt of listed DWF surges past £100m
International firm will change ownership after a year when profits slid and lock-up days increased.
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