2017 has been a good year for Eversheds, which made significant strides internationally – first through its tie-up with US firm Sutherland Asbill & Brennan in February and then in gaining Singapore Ministry of Law approval and merging with local firm Harry Elias Partnership in June. In a year of significant international change, the firm …
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Top 50 firms ranked by highest top of equity (1-50*) Equity partners: non-equity partners & of partners that are equity partners PEP Equity spread 1 Slaughter and May 107:08 93% £2,400k £1,575k to £3,200k 2 Hogan Lovells 542:277 66% £924k £275k to £2,750k 3 Stewarts Law 19:36 35% £1,916k £968k to £2,459k 4 Allen & …
In this table we blend together the three key profitability metrics, profit per equity partner, 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.
LB100 revenue averages: £220.6m Average revenue 9% Average revenue growth Ten fastest growing firms by revenue: Ten fastest growing firms by profit per equity partner: Ten fastest shrinking firms by revenue: Ten fastest shrinking firms by profit per equity partner: LB100 average earnings: Revenue per lawyer £342,000 Profit per lawyer £108,000 Profit per equity partner …
Another of 2016/17’s standout performers, Fieldfisher had an impressive year underpinned by considerable geographic expansion. The firm recorded a 34% increase in turnover for the last financial year, rising from £121.5m to £165m against a 10% increase in lawyer headcount, to strengthen its position in the upper mid-market. The firm’s profit per equity partner has …
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Stewarts Law, the UK’s largest litigation-only firm, had an eventful 2016/17 financial year, which resulted in its third consecutive period of double-digit growth. As a standout performer across the Legal Business 100 (LB100) as a whole, the firm had a record year with turnover rising 25% to £77.9m and profit per equity partner (PEP) climbing …
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LB100 LAW FIRMS The firms that appear in the Legal Business 100 (LB100) are the top 100 law firms in the UK (usually LLP partnerships), ranked by gross fee income generated over the financial year 2016/17 – usually 1 May 2016 to 30 April 2017. We call these the 2017 results. Where firms have identical …
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From living with Brexit to harnessing technology, Legal Business 100 leaders state what must be done to thrive HARD CHOICES NECESSARY ‘We’ve been building on our strengths and worrying less about the things we don’t do but other firms do. We’ve been forced to make choices that we didn’t have to ten years ago because …
