DLA breaks $4bn milestone with double-digit growth in revenue and PEP
DLA Piper has posted another year of double-digit growth, marking its eighth consecutive year of revenue expansion. Global revenue rose…
Financial results
Kirkland & Ellis surges ahead as revenue hits $8.8bn and PEP jumps 16%
Kirkland & Ellis put its topline turnover up by 22% to a total of $8.8bn – an increase of $1.6bn…
Reed Smith breaks $1.5bn for the first time as London revenue grows by 15%
Reed Smith has hit a key milestone as global revenue hit $1.5bn, up just over 5% from last year’s figure…
Latham & Watkins revenue hits $7bn high as PEP surges 30%
Latham & Watkins saw global revenue surge by 23% in 2024 to a record high of $7bn, with the growth…
‘All the stars aligned for London’: Hogan Lovells closes in on $3bn mark as UK revenues rise 8%
Hogan Lovells has posted an 8.7% increase in global revenues to move within touching distance of $3bn, with profit per…
Global 100 2024
Overview: G100 defy gloom to pass $150bn While last year saw the Global 100 struggling against market headwinds, this year…
LB100 2024
Doubling up: LB100 firms set 10% growth benchmark as more than half pull off double-digit hikes More than half of…
Paul Weiss PEP soars to $7.5m as revenue sees double-digit growth
Paul Weiss has reported its financial results, with revenue up 32% to $2.63bn from $2bn, nearly tripling last year’s 11% growth.
A good time to be mid-tier: private equity interest on the rise as mid-market thrives
The LB100 results for 2023-24 are in, and while the demise of the mid-market has been long forecast, the numbers…
Ashurst sets sights on US growth as revenue nears billion-pound mark
Ashurst is targeting expansion in the US as the firm announces financial results that show profit per equity partner reaching…
Norton Rose and DLA post rising revenues as global footprint drives growth
Norton Rose has reported an 8.7% increase in global revenue, marking a turnaround from two years of declining revenue. Profit…
Paul Weiss and Kirkland break revenue records amid London lateral shakeout
Paul Weiss has broken through the $2bn global revenue mark, posting a 10.8% hike on last year, as the firm’s…
Feeling the chill? Kirkland reports just 8% revenue increase for 2022
Often the bellwether for global law firm financials, the world’s highest-grossing firm, Kirkland & Ellis, has posted muted revenue and…
Still vulgar to talk about money? Three decades have made the industry less coy
‘I don’t think you will get any of the City firms to talk about this sort of thing… You have?…
The price of everything – Law firm metrics cannot measure broader values that will define their future
Pinsents senior partner Richard Foley argues the industry needs new benchmarks for success As Legal Business publishes its LB100, it…
Knights talks up selective acquisition policy amid strong first-half financials
The chief executive of Knights says its listing last June has instilled market confidence in its ability to deliver an ambitious…
Rosenblatt battles Brexit uncertainty in post-IPO financials as it launches litigation funder
In its first financial results since the £43m IPO in May, Rosenblatt has recorded a slight uptick in revenue and…
Global 100 ten-year view: Bad timing
In the last boom year in 2008 before the global financial crisis took its toll, the picture was rosy for…
Comment: Slashing to victory – the most dangerous law firm myth
‘Turnover for vanity, profit for sanity.’ How many times have you heard that phrase or variations of the theme espoused…