Bird & Bird has recorded its 26th year of turnover growth, with global revenues for 2016/17 up 5% in euros to €361m from €343.8m, which translates to a 11% increase in sterling from £273.8m to £303.2m.
Taylor Wessing has released further details of its financial performance in 2016/17, showing the modest 1.8% increase in its UK revenue to £128.9m resulted in a drop in its UK profit per equity partner (PEP) to £481,000, down 6% from last year’s £512,000.
Continue reading “Financials 2017: Taylor Wessing UK PEP down while global profit approaches £100m”
With a core base of demanding clients facing an uncertain future, insurance specialist Kennedys will be relieved to have posted 8% revenue growth for the 2016/17 period, up from £138.8m to £149.9m.
Ashurst has improved its revenues by 7%, following last year’s disappointing financial results, with an 11% boost to its profits per equity partner (PEP).
Taylor Wessing has posted a modest 1.8% increase in its UK revenue to £128.9m in 2016/2017, in contrast to a 4.4% rise the previous year. It was brighter news, however, for the firm’s global revenues which rose 6% to £269.8m, up from £254.5m in 2015.
Stephenson Harwood has posted another year of growth with revenues up 11% to £176m. The firm, however, saw a drop of 9% in its profits per equity partner (PEP), the number dipping to £708,000, partly due to the effect of the Brexit vote last June.
Continue reading “Financials 2016/17: Stephenson Harwood revenues climb 11% as PEP falls 9%”
Bristol-based LB100 firm TLT’s revenue rose 4% to £74.6m for the 2016/17 financial year, marking its fifth consecutive year of revenue growth.
Continue reading “TLT revenue rises 4% in fifth consecutive year of growth”
Osborne Clarke (OC) has posted double-digit growth in global revenues, up 12% from €219.6m to €245.1m, while UK revenue rose 7% from £112.9m to £121m, accounting for 58% of the firm’s total turnover.
An expansive year geographically, combined with a strong performance in corporate and disputes, has seen Fieldfisher announce a 34% increase in turnover for 2016/17, from £121.5m to £165m.
Continue reading “Financials 2016/17: Fieldfisher reveals 34% revenue hike to £165m”
