Simmons & Simmons has boosted its profits per equity partner (PEP) by more than £100,000 over the last financial year, with the top 10 City outfit this year posting average profits figures of £647,000.
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Profit per equity partner at Addleshaw Goddard has increased to £586,000 after the law firm increased its annual income by 11%. The firm, which has offices in Leeds, London and Manchester, saw income increase to
Eversheds is on course to achieve the strategic objectives it set itself two years ago. The law firm, which celebrated its centenary last year, has announced financial results for 2007-08 which reveal a 10 per cent
CMS Cameron McKenna’s average profit per equity partner (PEP) has rocketed by 30 per cent, to £650,000 from £502,000 a year ago. The firm also revealed turnover of £235m, a rise of 19 per cent on last year’s
SJ Berwin has released it year-end financial results, revealing turnover up by 14 per cent from £189m to £215m. However average profit per equity partner (PEP) has nudged up by just 2.4 per cent, to £801,000 from
Lovells has posted a robust financial performance during the 2007-08 period with revenues rising by 13 per cent and average profit per equity partner (PEP) up by 10.5 per cent.
Eversheds has delivered a ten per cent growth in annual revenue which now stands at £390m. Profit per equity Partner (PEP) growth also grows in line with revenue growth at ten per cent , bringing Eversheds' PEP to
Operating profits in Mayer Brown’s London and Brussels offices fell by £3.3m during 2007 to stand at £37.7m, despite an £8.9m increase in fee income to £103.5m. Partner numbers in the international LLP increased
The slowing economy has hit home at Dechert, which has just issued layoff notices to 13 associates strictly in its finance and real estate practice, according to a source inside the firm. Shortly after the firm confirmed
Latham & Watkins has reported record results for the 2007 financial year, becoming the first US firm ever to break the $2bn revenue barrier. Latham posted a 23 per cent hike in revenue on 2006’s $1.62bn, taking
Cadwalader Wickersham & Taft has posted a 6 per cent fall in average profit per equity partner (PEP) for the 2007 financial year, making it the only US firm so far to report a decrease in bottom line figures.
Willkie Farr & Gallagher posted double digit increases in revenue and profits for the second year in a row. The New York firm posted a 20 per cent rise in fee income,
Weil Gotshal & Manges' London office has thrown down the gauntlet to its rivals by reporting a doubling of its profit in what looks set to be a record year for US firms. Weil doubled average profit per equity partner
Salans is set to double its average profit per equity partner (PEP) to more than £850,000 after a record year in which revenue was boosted by more than a third to hit an estimated $280m (£143m). The firm, which reports
US firm Reed Smith has broken the $1m average profit per equity (PEP) partner barrier and smashed its revenue target with a solid set of year-end financial results at the end of a year, which has witnessed two large