News – Page 3
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NewsIncome tops £1bn as PEP climbs again at Ashurst
Global firm has grown profits by an average of 8% over nine years of consistent growth.
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NewsFirm breaks £1m PEP mark and renews diversity targets
Chief executive says City outfit 'not the same firm' it was a few years ago.
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NewsFirms must reveal profit and loss figures from 2027
Law practices will no longer be able to hide behind veil of abridged accounts.
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NewsInsolvency litigation finance firm thrilled by record revenues
Manolete Partners celebrated numerous records in the last financial year as UK insolvencies continue to soar.
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NewsTop-50 outfit announces 5% staff bonus after bumper year
National firm aspires to be leading player in the upper mid-market by the end of the decade.
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NewsFast-expanding Knights forecasts higher profits as margins improve
Stockmarket-listed group has stepped up its acquisition strategy with a number of eye-catching buys.
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NewsPEP hits £1m at fast-expanding Fladgate
Staff awarded £2,500 bonus as central London firm records another year of double-digit income growth.
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NewsKeystone shareholders in line for windfall after positive year
Listed consultancy law firm, where lawyers are paid up to 75% of what they bill, reports profits up 12% in 2024.
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NewsProfits soar again at ABS pioneer Co-op Legal
Probate and estate administration giant has more than doubled income and quintupled earnings since 2021.
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NewsCouncil law firm makes £575,000 loss after costly IT meltdown
Pathfinder Legal's business model is ‘to charge lower legal fees than other private sector options’.
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NewsBenchmarking survey: Law firms warned to ‘wean themselves off’ client interest as PEP soars
'Real prospect' of firms failing if they remain dependent on windfalls which averaged nearly £500,000 each in 2024.
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NewsBarclays reserves £90m for motor finance claims
Financial institutions brace themselves for fallout from landmark commission appeals.
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NewsHigh-profile costs lawyer will bow out ‘ashamed’ of ‘greedy’ City elite
Jim Diamond says hourly rates charged by City’s richest law firms have reached £1,600.
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NewsExclusive: Pre-tax profits dip at Freshfields as revenue surges
Magic circle outfit no longer publishes details of its trading performance, but the firm’s statutory accounts also reveal an 18% rise in income.
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NewsTaylor Wessing's top earner gets 66% rise to £150,000 a week
Highest-paid LLP member drew £7,750,000 last year, newly filed accounts show.
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NewsListed firms defy market volatility to report positive results
Underlying profits and revenue both increasing at Gateley and Knights.
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NewsFast-growing bulk claims firm 'on sound financial footing' despite £13.5m loss
Manchester business says it has huge portfolio of work in progress after taking on thousands of new cases.
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NewsWard Hadaway celebrates ‘record’ income but profits stall
Leeds, Manchester and Newcastle-based firm aims to become a £100m business by 2034.
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NewsTrowers & Hamlins blames inflation for ‘unchanged’ profits
International firm reveals that much of 2023-24 revenue rise was eaten up by extra staff costs.