Irwin Mitchell breaks £300m mark as DWF builds on private equity takeover with 14% hike

Irwin Mitchell breaks £300m mark as DWF builds on private equity takeover with 14% hike

Irwin Mitchell has broken through the £300m mark for the first time, with revenues rising 10% on the back of a series of acquisitions and expansion. For the year ending 30 April, the firm posted record revenues of £304.3m, up on last year’s £276m. Group profit before tax also rose significantly, reaching £21.7m, up 45% from £15m last …

Profit flat at Eversheds Sutherland as revenue inches up amid ‘challenging conditions’

Profit flat at Eversheds Sutherland as revenue inches up amid ‘challenging conditions’

Eversheds Sutherland has posted a modest 3% increase in revenue for its business outside of the US, with profits remaining flat amid what the firm described as ‘challenging economic conditions’. Revenues for Eversheds Sutherland (International) – which reports separately to the firm’s US arm – rose from £730.9m to £749.4m, with profit per equity partner …

Travers Smith reaches record highs for revenue and PEP despite recent partner exits

Travers Smith reaches record highs for revenue and PEP despite recent partner exits

Turning the page on last year’s disappointing financial performance, when revenue nudged up by just 1% and profit per equity partner (PEP) stayed flat, Travers Smith today (29 July) announced record-breaking results for 2023-24. Revenue passed £200m for the first time, reaching £215m —a nearly 10% increase from last year’s £197.5m.

Political persuasions – what City partners are hoping for from the next Government

Political persuasions – what City partners are hoping for from the next Government

On the eve of a general election that looks set to promise a wipeout for the Conservative Party and the first Labour government in 14 years, LB checked in with a range of City partners across a variety of practice area to gauge the temperature of the UK legal industry, find out what they think …

Osborne Clarke breaks through €500m revenue target with double-digit financial surge

Osborne Clarke breaks through €500m revenue target with double-digit financial surge

As UK financial reporting season kicks off, Osborne Clarke (OC) has today (2 July) posted a robust 19% revenue boost, passing the firm’s target of €500m to reach €525m. The increase in international revenues – up from €442m last year – comes after the firm last September launched its third US office in Miami, marking …

Beyond ‘nice to have’ – ESG goes business fundamental

Beyond ‘nice to have’ – ESG goes business fundamental

‘In the old days, it was about having a nice brochure with some green pictures, but then getting on with the serious matter of running our business. We’ve moved way beyond that now – it’s a business fundamental now.’ Norton Rose Fulbright head of environment, health and safety, Europe, Middle East and Asia, Caroline May …