UK firm Clifford Chance records 7% rise in revenue and 7% rise in PEP
Clifford Chance has posted a 7 per cent increase in revenue to £1.303 billion, and a 7 per cent increase in average profit per equity partner to £1.1 million this financial year. The total partnership profit rose by 13 per cent from £381 million to £431 million
The region with the largest revenue growth was the Asia-Pacific practice, increasing turnover by 28 per cent to £185 million. Revenue in Continental Europe rose by 5 per cent to £492 million; the Middle East practice grew by 6 per cent; UK turnover rose by 3 per cent to £443 million, and revenue in the Americas rose by 3 per cent to £144 million.