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 …
LB100 averages Average revenue £242.3m Average revenue growth 10% Revenue per lawyer £355,000 Profit per lawyer £112,000 Profit per equity partner £805,000
White & Case and a group of Italian elite independents advised CVC Capital Partners on the €3bn acquisition of a 52% stake in Italian drug maker Recordati from the family of the company’s founders. The US firm’s Milan office founder Michael Immordino (pictured), London partners Mike Weir, Steven Worthington, Martin Forbes and James Greene were …
Continue reading “Dealwatch: Europe provides rich pickings for City firms and US giants”
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White & Case boosted its City recruitment drive and funds credentials with London partner Shane McDonald joining its global banking practice, the firm’s sixth London lateral this year alone. McDonald’s previous role of senior vice president at fund manager Hudson Advisors allowed him to forge valuable links with private equity firm Lone Star Funds. He …
