Linklaters has outperformed two of its magic circle rivals, delivering double-figure growth in profit and profit per equity partner (PEP) for the year ending 30 April.
The firm today said that pre-tax profit rose 11% to £751.6m, PEP was up 10.5% to £1.7m and revenue grew by 7% to £1.63bn.
Gideon Moore, firmwide managing partner, said: ‘I’m particularly pleased that we have been able to make this progress while continuing to invest in our clients, our people and our culture. We are committed to putting diversity and inclusion at the forefront of our business and I’m delighted that we again exceeded our target of 30% for female partner elections.’
Last week, Clifford Chance and Freshfields revealed lacklustre profit growth of 2% and 1% respectively. PEP also flatlined at Clifford Chance, growing by just 1%.