The highest earning UK partner at Baker McKenzie drew £2.58m in 2017 - more than double in the previous year - the global firm’s LLP has revealed as part of a bumper set of annual results.
Accounts filed with Companies House show that in the year ending 30 June 2017 Baker & McKenzie LLP posted profits up 15.2% to £81.35m on turnover up 6% to £187.3m. The firm said that London revenue had increased by 40% over the past four years and that profits had doubled in the past two years alone.
The global partnership reported record revenues of £1.9bn in the year.
In a statement, Alex Chadwick, London managing partner, said: 'We continue to see a year-on-year increase in revenue and profitability, which reflects the excellent progress we’re making against our strategy. As a firm, our focus is very much on our clients, our people and increasing our transactional bench-strength so we can service the biggest clients and discharge larger mandates. These results confirm that this strategy is working for us.’