Freeths has revealed its results for the 2023-24 financial year, with double-digit increases to both revenue and PEP.
Continue reading “‘Ready to set the stage’: Freeths posts 13% revenue growth in 2023-24 financials”
CMS has reported a 5% uptick in global revenue from last year’s €1.862bn to €1.957bn in its most recent set of financial results, with PEP down 4% on last year’s estimated £771,000 to £741,559.
Despite continued financial growth, this year marks a further deceleration after revenue growth slowed from 18% in 2021-22 to 6% last year.
DAC Beachcroft has announced today (14 August) its tenth consecutive year of revenue growth, with a total turnover of £326.5m, reflecting a 9% increase from last year’s £300m. Continue reading “‘A real sense of momentum’: DAC Beachcroft marks tenth year of consecutive revenue growth”
Pinsent Masons has reported a 7.2% increase in turnover to almost £650m, marking another successful year of revenue growth for the international firm.
Revenue hit £649.6m, up from £605.9m last year, although growth was slower than last year, when the firm posted a 14% hike. Meanwhile, profit per equity partner (PEP) dipped very slightly to £793,000, down by less than 1% from £797,000. Continue reading “Pinsents and TLT post revenue growth as results season continues”
Irwin Mitchell has broken through the £300m mark for the first time, with revenues rising 10% on the back of a series of acquisitions and expansion.
For the year ending 30 April, the firm posted record revenues of £304.3m, up on last year’s £276m. Group profit before tax also rose significantly, reaching £21.7m, up 45% from £15m last year.
Eversheds Sutherland has posted a modest 3% increase in revenue for its business outside of the US, with profits remaining flat amid what the firm described as ‘challenging economic conditions’.
Revenues for Eversheds Sutherland (International) – which reports separately to the firm’s US arm – rose from £730.9m to £749.4m, with profit per equity partner (PEP) inching up by less than 1% from £1.29m to £1.3m, and net profit flatlining at £175.1m.
Dentons posts solid 2023-24 financial results showing UK, Ireland and Middle East regional revenue up 6% after slight dip last year Continue reading “Dentons’ UKIME revenue growth picks up pace with 6% rise”
Turning the page on last year’s disappointing financial performance, when revenue nudged up by just 1% and profit per equity partner (PEP) stayed flat, Travers Smith today (29 July) announced record-breaking results for 2023-24.
Revenue passed £200m for the first time, reaching £215m —a nearly 10% increase from last year’s £197.5m.
Macfarlanes posts 24% increase in PEP to £2.6m for 2023-24 as turnover climbs nearly 14% Continue reading “PEP surges at Macfarlanes with 24% rebound to record high”
Clifford Chance (CC) has become the third magic circle to reveal its financial results for 2023-24, posting global revenue growth of 9% to £2.3bn, up from 5% last year. Continue reading “‘Great progress everywhere but fastest in the US’: CC posts 28% Stateside hike as PEP rebounds”
