Law firm news by topic » 2008

UK law firms see first profits fall in a decade

Sep 2, 2009 The UK's biggest law firms saw their profits fall for the first time in a decade last year, according to an annual survey from Legal Business magazine. However, the average equity partner at the UK's top 100 firms…

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Allen & Overy's profits fall by 9 per cent

Jul 10, 2009 UK law firm Allen & Overy saw partner profits slide 9 percent for the for the year to April 30. However, despite a fall from £1.1 million to £1.0 million (US$1.6 million), Allen & Overy’s profits per equity…

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Camerons results: revenue up 2% as PEP down 15%

May 23, 2009 CMS Cameron McKenna has become the first major UK law firm to announce its 2008-09 results with the firm seeing profits down 15% along with a marginal increase in revenue. The firm’s profits per equity partner (PEP)…

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Dorsey & Whitney reports flat 2008 revenue

Feb 2, 2009 Dorsey & Whitney reported flat revenues and a small decrease in profits per partner for 2008. Gross revenues of the Minneapolis-based global law firm were just over $367 million and profits per partner were $661,000,…

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US law firms saw merger mania in 2008

Jan 15, 2009 There were 70 new law firm mergers and acquisitions in 2008, according to a new report from the legal management consulting firm Altman Weil Inc. While the pace of the deals slowed during the third and fourth…

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Linklaters posts 3% increase in first-half revenues

Nov 24, 2008 Linklaters has unveiled its half-year results, posting an increase in turnover of 3% from £633m to £653m in the financial year to October. Linklaters's City rivals Clifford Chance, Freshfields Bruckhaus Deringer and…

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Allen & Overy half-year results up 11 per cent

Nov 8, 2008 Allen & Overy announced its half-year financial results for the six months ended 31st October, with turnover at £548 million (USD866), up 11% from £593 million for the same period last year. Wim Dejonghe, managing…

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Ashurst turnover grows by 7.5% to £158m

Nov 5, 2008 Ashurst has posted a 7.5% increase in turnover for the first six months of the financial year, with revenues rising to £158m from £147m in the same period last year, reports legalweek.

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