Linklaters announces financial results

December 13, 2018 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.

Read more at www.legalbusiness.co.uk.

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