Rapid revenue growth for top 30 firms in China over past four years
The top 30 Chinese firms have seen rapid revenue growth over the past four years, with the cohort doubling its total revenue between 2013 and 2016. Total revenue for this year’s top 30 firms came in at RMB26bn for the 2016 financial year, according to The Lawyer China Top 30 2017 report.
The past year’s growth follows year-on-year increases of almost 30 per cent in 2015 and 2014. Eleven of the firms in the top 30 increased revenues by more than 30 per cent in 2016, and many have expanded throughout the country with new office openings.
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