Pre tax profits at magic circle firm Linklaters fell by 3.4% in 2012/2013 compared with the previous year, according to accounts returned to Companies House.

Consolidated accounts of Linklaters LLP for the year ended 30 April 2013 show pre-tax profits to £371.5m compared with £384.6m in 2011/2012. 

Preliminary results posted in July showed profits had risen by 0.2%. A spokesman for the firm said the difference was due to Companies House accounts not including some of the firm’s equity partners abroad. 

During 2012/2013 the firm tightened its belt across a number of areas. Remuneration of the highest paid member was £2.3m, down £200,000 from the previous year. 

Turnover was slightly down at £1.19bn, compared with £1.2bn in 2011/2012.