UK top-50 firm Trowers & Hamlins has unveiled mixed financials for the 2013/14 financial year, with net profits up almost 15% from £15.8m to £18.1m, while global revenue was down by 1.4% to £77.2m from £78.3m last year. Continue reading “Financial results 2013/14: Trowers posts mixed results with net profit up 15% but global revenue down 1.4%”
Financial results 2013/14: Shoosmiths posts 7% increase in revenue to £93m as Sackers drops 2% to £23.8m
LB 100 firms Shoosmiths and Sacker & Partners have unveiled their financial results for the 2013/14 year, with top 50 firm Shoosmiths recording a near 7% increase in revenue to £93m, while at City firm Sackers turnover is down by 2% to £23.8m. Continue reading “Financial results 2013/14: Shoosmiths posts 7% increase in revenue to £93m as Sackers drops 2% to £23.8m”
Financial results 2013/14: RPC posts mixed results with revenue up 3% against 9% drop in PEP
RPC has this morning (21 July) posted mixed financial results for 2013/14, with revenue up 3% to £84.1m – representing growth of 40% since 2011 – but partner profits down by 6% to £26m. Profit per equity partner (PEP) came in at £338,000 for the period, a 9% drop on last year’s figure of £372,000. Continue reading “Financial results 2013/14: RPC posts mixed results with revenue up 3% against 9% drop in PEP”
Financial results 2013/14: Speechly unveils 1% revenue drop to £56.8m with PEP up 5%
Speechly Bircham has unveiled its financial results for the 2013/14 year, with preliminary figures showing that revenue was down slightly by 1.2% to £56.8m while net profit stands at £11.8m and profit per equity partner (PEP) rose 5% to £312,000. Continue reading “Financial results 2013/14: Speechly unveils 1% revenue drop to £56.8m with PEP up 5%”
Financial results 2013/14: Travers achieves record turnover up 13% to £97.2m with PEP up 12%
Top 45 LB 100 firm Travers Smith today (17 July) announced its strongest financial results to date, with turnover for the 2013/14 year up 13% to £97.2m – breaking through the £90m mark – while profit per equity partner (PEP) saw an uptick of 12% to £882,000. Continue reading “Financial results 2013/14: Travers achieves record turnover up 13% to £97.2m with PEP up 12%”
Comment: ‘Nobody knows anything’ – Goldman is more right than Maister
As journalists and managing partners hit reporting season the understandable urge rises once more to make sense of the legal world. Nearly six years since Lehman Brothers’ collapse did something substantive to the law game, what lessons can be learned? Continue reading “Comment: ‘Nobody knows anything’ – Goldman is more right than Maister”
Financial results 2013/14: Macfarlanes breaks through £1m PEP threshold as profit and turnover up over 20%
Macfarlanes has achieved a high double digit jump in both revenue and profit per equity partner (PEP) for the 2013/14 financial period, with both up by over 20%, as the top 35 UK firm breaks through the £1m PEP threshold.
The 324-lawyer firm revealed today (9 July) that its unaudited turnover was up 22% to £139.7m for the period, compared to £114.2m last financial year, while PEP has come in at £1.19m, a 21% increase on the £985,000 recorded in 2013. Continue reading “Financial results 2013/14: Macfarlanes breaks through £1m PEP threshold as profit and turnover up over 20%”
Financial results 2013/14: Norton Rose Fulbright unveils revenue of $1.85bn and PEP of $660k
In its first financial year post-merger Norton Rose Fulbright (NRF) has recorded revenues of $1.851bn with profit per equity partner (PEP) estimated at $660,000, projecting the firm into the top 10 of the Global 100 for 2013/14. Continue reading “Financial results 2013/14: Norton Rose Fulbright unveils revenue of $1.85bn and PEP of $660k”
Financial results 2013/14: Ashurst unveils post-merger turnover of £586m and PEP of £801k as Simmons reveals return to growth
Ashurst has unveiled its first post-merger financial results, boasting revenues of £586m and a profit per equity partner (PEP) of £801,000. The results come as Simmons & Simmons has revealed a return to growth in 2013/14 with a 7% rise in revenue to £268.6m for the 12 months to 30 April 2014 and an increase in PEP of 5% to £550,000.
Financial results 2013/14: Fieldfisher breaks through £100m threshold with 10% rise in turnover
Fieldfisher has broken through the £100m revenue threshold reporting a 10% rise to £104m and a moderate 3% increase in profit per equity partner (PEP) to £415,000 for the 2013/14 financial year. Continue reading “Financial results 2013/14: Fieldfisher breaks through £100m threshold with 10% rise in turnover”