A year of expansion has seen top 15 Global100 firm Sidley Austin post solid 2013 results, with revenue up by around 7% to $1.6bn from $1.49bn and net profits up by around the same margin to $547m from $510.5m. The firm’s profit per equity partner (PEP) and revenue per lawyer both rose by approximately 4% to $1.87m and $954,000 respectively.
Highlights for the 1,636-lawyer firm include being awarded a coveted qualifying foreign law practice license in Singapore last February, since when it has built a 25 fee-earner office, focusing in part on energy work.
