DLA Piper's net debt grew by 80% to £53m, during the 2008-09 financial year. DLA's staff costs increased £237.9m, the firm's limited liability partnership (LLP) filings. The
Law firm news by topic » 2008
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
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
Wachtell, Lipton, Rosen & Katz, the most-profitable US law firm, took the top spot on the Bloomberg list of M&A advisers for the first half of 2009, ousting UK-based Linklaters. Wachtell was doubling its merger work
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)
Top 50 revenues set to edge down but City firms match 2008 fees A substantial number of top 50 law firms will this year unveil falls in revenue despite many City practices maintaining fee income at 2008
Kirkland & Ellis increased its revenue by 7 percent to $1.4 billion in its 2008 fiscal year. Profits per partner (PPP) were flat at $2.47 million.
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,
UK firm Linklaters has taken the top spot in a global mergers and acquisitions (M&A) league table for 2008, beating US rival Sullivan & Cromwell, which has held the top spot for four consecutive years. Advisory roles
White & Case and WilmerHale have increased global revenues in the 2008 financial year, despite difficult market conditions. White & Case has reported an increase in global revenues from $1.37bn in 2007 to $1.46bn in
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
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
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
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.