Bird & Bird takes out prize as fastest growing UK law firm
Bird & Bird is the fastest-growing UK top 50 law firm, according to the reported figures over the past five years. Revenues have rocketed upwards despite a tough economic environment, growing by over 150 per cent – from £80.4 to £201.8 million – since 2004-05.
Trowers & Hamlins is the next fastest-growing firm, recording a 102.3% increase in revenues over the period. Holman Fenwick Willan, Clyde & Co and Ince & Co have also seen strong growth in recent years, improving revenues by more than 80%.
Of the magic circle firms, Allen & Overy is growing fastest, with an increase of 57.7% over the last five years. Linklaters recorded growth of 47% and Freshfields Bruckhaus Deringer recorded growth of 46.3%, while Clifford Chance grew by 31%.