The struggle continues for Slater and Gordon (S&G) with the firm posting a A$425.1m (£262.6m) net loss for the second half of last year. Continue reading “‘Taking longer than anticipated’: Slater and Gordon posts another loss as restructure continues”
Reed Smith‘s global revenues fell for the second consecutive year in 2016, by 4% to $1.08bn from $1.12bn, which the firm said was the result of managing down headcount by 81 lawyers over the year. Continue reading “Reed Smith posts second year of declining revenue as firm manages down headcount”
After years of lacklustre growth, Hogan Lovells has seen a boost in global turnover of 6% up to $1.93bn for 2016. At like-for-like rates the firm said results were up around 8%, while in sterling the firm experienced an almost 20% boon due to the falling pound. Continue reading “‘Plenty of challenge’: Hogan Lovells earns 6% revenue uptick to hit $1.9bn as partner profits stall”
Latham & Watkins is the latest US firm to boost its revenue, announcing 7% growth and breaking the $3m mark for profit per equity partner (PEP) for the first time. Continue reading “‘All cylinders running’: Latham breaks the $3m PEP mark and adds $1bn to its post-crisis top line”
The ever expanding Quinn Emanuel Urquhart & Sullivan saw a 21% spike in its London revenue for 2016 reaching £44.8m while London net profit sat at £32.8m. Continue reading “Quinn continues growth as disputes powerhouse posts 20% turnover jump in London”
Milbank, Tweed, Hadley & McCloy has become the latest firm to announce its London revenues, which rose by nearly $4m to $114.1m in 2016, 4% up on the $110.2m achieved in 2015. Growth in the City has been slower this year for the US firm, which posted a 6% rise last year. Continue reading “London growth slows at Milbank despite 11% global turnover bump”
US restructuring and energy leader Akin Gump Strauss Hauer & Feld piled $50m on to its top line in 2016 to take revenues to just under $1bn, despite a slide in City income.
The highest paid member at Stewarts Law pocketed £1.7m over the 2015/16 financial year, according to the firm’s filings at Companies House. Continue reading “Stewarts Law LLPs show top earner takes home £1.7m as overseas revenues exceed 20% of turnover”
Dentons‘ UK, Middle East and Africa business has seen turnover increase 7% to £169m for the financial year ending 2015/16, up from £157m the previous year, according to the firm’s LLP accounts. Continue reading “LLP latest: Dentons European and African business turns over £169m as top-earning member pockets 60% more”
Clyde & Co has posted a 17% rise in turnover totalling £224m for the first half of the 2016/17 financial year, improving on last year’s 8% increase over the same period to £192m. Continue reading “‘A decent first half’: Clyde & Co turnover rises 17%”
