Linklaters announces financial results

Linklaters has announced its latest financial results, revealing a drop in operating profit and an increase in turnover. Operating profits fell by 1%, coming in at £472.3m, representing a £200m drop from the firm’s July pre-tax profit of £676.2m. Meanwhile, turnover increased by 6% to £1.51bn. The firm’s staff costs increased by 5% to £739m, while profit per equity partner (PEP) came in at £1.54m. Managing partner Gideon Moore said he believes the firm’s financial performance is on track and indicates that the firm is meeting client needs.

Linklaters announces financial results legalbusiness.co.uk Thu, Dec 13, 2018