The Legal Business 100 – Contents
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Richard Lissack QC: David, why a career in the law? Lord Neuberger: It was after cancelling out other possibilities. I was a scientist at university – a chemist. I was influenced by my father, a successful scientist. I quickly proved to be an unsuccessful scientist. I went to career advisers. They said do law or …
Continue reading “The one true law – in conversation with Lord Neuberger”
New Law buyout sees EY acquire Riverview Law A sign of things to come? After Lawyers On Demand (LOD) earlier this year secured private equity backers, fellow New Law pioneer Riverview Law in August announced a sale to Big Four group EY. The deal, which saw original backer DLA Piper offload its remaining 14% stake, has …
Herbert Smith Freehills’ (HSF) corporate practice saw a seasoned trio of partners quit in August for Morgan, Lewis & Bockius’s London arm. They were led by HSF’s head of London private equity Mark Geday, and included corporate partners Nicholas Moore and Tomasz Wozniak.
From retaining talent to going public, LB100 leaders give their take on how to survive in an age of disruption Go big ‘The markets are pretty buoyant in terms of legal services despite all the economic and political disruption out there. It was a particularly good year if you are global and full service. Anecdotally, …
Sponsored by In this table we blend together the three key profitability metrics – profit per equity partner (PEP), profit per lawyer and profit margin – to discover which of the top 100 firms are the most profitable. The firms have been ranked according to their aggregate score across all three measurements. Firms marked * …
Continue reading “Behind the numbers – Profitability revealed”
Top 50 firms ranked by highest top of equity
Harbottle & Lewis maintained its status as one of London’s fastest growing law firms last year, with the West End firm continuing its recent trend of double-digit growth and proving itself as a Legal Business 100 (LB100) standout. Overall revenue increased by 26% to £35.5m, up from £28.1m last year, while profit per equity partner (PEP) …
Scotland’s third-largest firm by revenue, Shepherd and Wedderburn, had largely been thought to have fallen behind Brodies and Burness Paull recently. However, Shepherd has matched the revenue growth of its larger peers over the last five years, up 49%. And after a dip in 2016/17, revenue and profit both returned to growth this year, up …
Continue reading “LB100 case study: Shepherd and Wedderburn”
The only firm among London’s big four to have retained its position in the Legal Business 100 table, Clifford Chance (CC) is the second-largest UK-bred shop after DLA Piper, having added £83m to its top line to hit £1.623bn. But if the 5% uptick in revenue is broadly comparable to Linklaters, Allen & Overy and …