Warning signs? Baker McKenzie records stagnant financials in year-end results

In what is perhaps an early bellwether of 2023 financial performance for the market at large, or a hangover from the second half of 2022, Baker McKenzie has released its financial results following its year end on 30 June, reporting a revenue of $3.3bn, the same as 2021/22, when turnover increased by 6%.

The firm’s net income has also stayed the same as the previous year at $1.2bn.

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