The data doesn’t lie – it’s been a good year for the Global 100. Eighty-eight of the world’s largest firms posted revenue increases last year, with many enjoying record results, and total revenue across the group rose by more than 6% to break through the $150bn mark for the first time.
As to what was behind this performance, various factors are cited by law firm leaders, from sector strategies to expansion into key markets. (Cynics might suggest the less-frequently mentioned billing rate hikes of as much as 10% may have also played a part.)
