Australian-listed firm Slater and Gordon (S&G) has today (12 August) announced financial results for the 2013/14 year, with UK revenues jumping to £100m (A$182.5m) due to multiple acquisitions last year, and has voiced plans for further expansion.
Continue reading “Financial results 2013/14: Slater and Gordon unveils UK revenue jump”
Baker & McKenzie has overtaken DLA Piper as the world’s largest law firm, with revenues for the year ending 30 June 2014 climbing by 5% to $2.54 billion after a transactions bonanza.
Scottish firm Burness Paull is the latest to release its 2013/14 financial results and has today (7 July) announced a hefty 20% turnover increase to £46.3m while profits have risen to £20.7m from £16.5m, constituting a 25% increase.
Ince & Co’s global revenues fell to £86.7m in the 2013/14 financial year from £93.2m in the 2012/13 LB100. Against the firm’s latest audited figures, this works out to be a drop of 5% from £91.7m.
A trio of LB 100 firms have posted financial results for the 2013/14 year, with newly combined Penningtons Manches revealing revenue of £46.6m while profit per equity partner (PEP) came in at £268,000.
Once a storied institution in the Scottish legal market, Dundas & Wilson has unveiled its last ever financials and has recorded mixed results, with unaudited figures for the 2013/14 financial year showing a revenue decrease of 4.5% to £47m from £49.2m, while profit per equity partner (PEP) increased 8% to £181,006 from £167,625. The fall in revenue constitutes a 29% drop over the last five years.
UK top-30 insurance firm Holman Fenwick Willan has posted a slight increase of 2% in global revenues with receipts growing to £143.8m in the last financial year ending 2013/14, only marginally up from £141m the previous year. Profits per equity partner (PEP) at the firm fared better, coming in at £554,000, an increase of 5% from £528,000 last year.
Continue reading “Financial results 2013/14: Slight revenue and PEP increase at Holman”
Recently formed national player Wragge Lawrence Graham & Co has unveiled the combined results of its legacy firms for the last financial year, having created a firm with £172m in revenues and £58.7m in profit, operating at a margin of 34%.
In its first full financial results following a period of rapid growth through four successive mergers and the acquisition of Cobbetts, DWF has seen its revenue grow by 2% from £188m to £191m.
Continue reading “Financial results 2013/14: DWF sees revenue up 2% but PEP down 4%”
London stalwart Bristows has revealed disappointing results for the 2013/14 financial year, as revenue has decreased nearly 4% to £34.1m while profit per equity partner (PEP) suffered a steep 17% drop to £364,000. Private client-focused Withers, meanwhile, saw revenue grow 4.7% to £123.3m from £117.8m as well as a 3.6% PEP boost to £376,000.
