White & Case‘s most recent limited liability partnership (LLP) accounts filed at Companies House show turnover at its UK and Africa offices increased 12% in the financial year ending December 2014.
Mergers helps drive 11% revenue growth at CMS with profits up 3%
With two mergers under its belt in 2014, CMS has unveiled double digit growth in revenue for the financial year ending 31 December 2014 with turnover up by 11% to €934.5m (£753.3m).
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A 30% drop: Co-op Legal Services sees revenue slide by £10m
Co-operative Group Legal Services (CLS) has seen its revenue decline by almost a third to £23m in 2014 from £33m in 2013 due to a drop in ‘personal injury income following regulatory changes to referral fees’.
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Latham leads the way with $300m revenue hike as US elite posts robust 2014 results
Jaishree Kalia assesses the winners and losers as the US reporting season kicks off
The broad-based economic recovery in the US proved a boon to many leading advisers in 2014, with firms enjoying a resurgence in corporate work, and robust levels of disputes and regulatory activity.
Modest gains: London a key factor as Debevoise & Plimpton reveals revenues up 3%
Debevoise & Plimpton has posted a 3% rise in revenue for 2014 to $710m, up nearly $22m on 2013, while partner profits have also increased by 3%.
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Quality not quantity – stalled growth at DLA Piper but a leaner global giant boosts the bottom line
After years of breakneck expansion, DLA Piper is increasingly into a phase of managing and refining its 80-office global practice, at least according to the firm’s recently-announced results for 2014.
Letter from America – Reed Smith puts in confident 2014 showing with revenues up to $1.15bn
Re-enforcing what is already shaping up to be a robust year for major US-bred advisers, Reed Smith is the latest major law firm to announce robust growth with revenues rising 7% in 2014 to reach $1.15bn. Continue reading “Letter from America – Reed Smith puts in confident 2014 showing with revenues up to $1.15bn”
Bouncing back: Quinn Emanuel City revenues jump by a third
Quinn Emanuel Urquhart & Sullivan has become the first US firm to release its London office figures for 2014, boasting a 33% increase in revenues and 44% for profits and rebounding from the sharp drop in turnover experienced in 2013.
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US financials 2014: King & Spalding breaks the $1m revenue per lawyer figure alongside 8% revenue boost
King & Spalding is the latest US firm to post its financials for 2014, and has unveiled a respectable 8% increase in revenue to $934m from $861.4m, while it has notably surpassed the $1m revenue per lawyer threshold with a 7% rise to $1.055m for the first time in the firm’s history.
US revenue round-up: Paul Weiss and Davis Polk surpass the billion-dollar mark
US firms’ financials are continuing their positive trend, with recent releases showing revenue spikes and profit boosts including for Davis Polk & Wardwell and Paul, Weiss, Rifkind, Wharton & Garrison which both broke the billion-dollar mark in gross revenues last year.
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