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  • December 7, 2011 |

    Deloitte research shows leading firms posted robust growth in second quarter

    The UK's top 100 law firms saw a year-on-year increase in fee income of nearly 10% during the second quarter of the 2011-12 financial year, with new research showing a continued improvement in trading despite the economic uncertainty in the eurozone. Figures compiled by professional services firm Deloitte show fee income across the 100 largest UK law firms by revenue increased by 9.8% during the three months ending 31 October compared with the same period last year. The increase is more than double that seen in Q1 2011-12, when revenues grew by 4% compared with the same 
period last year.

    1 minute read

  • December 7, 2011 |

    Eurozone crisis sees UK partners predict a tough 2012 despite positive H1 results

    As managing partners forecast a tough start to 2012, firms focus on growth outside Europe. Simon Petersen reports

    1 minute read

  • December 2, 2011 |

    CMS sees single digit increase in revenues to hit £106m

    CMS Cameron McKenna has posted a 5% increase in half year revenues, with turnover standing at £106m for the first six months of 2011-12. The UK firm also posted a 5% increase for the same period last year, taking unaudited revenues to around £100m. The firm had seen a 13% dip at the same point in 2009-10.

    1 minute read

  • December 2, 2011 |

    A&O, Clydes and Centrica among winners at British Legal Awards 2011

    Allen & Overy (A&O), Clyde & Co and Centrica were among the winners at last night's (1 December) British Legal Awards, in London's Old Billingsgate Market. A&O scooped up the coveted law firm of the year award, seeing off competition from Clydes, Hogan Lovells, Kirkland & Ellis, Mishcon de Reya and Stephenson Harwood to win the prize.

    1 minute read

  • November 25, 2011 |

    Simmons revenues up 6% at the halfway stage

    Simmons & Simmons has become the latest firm to post its half-year results, with the top 20 practice seeing a 6% increase in revenues for the first half of the current financial year. The 200-partner firm generated fee income of £124.8m for the first six months of the 2011-12 year - up from £117.7m at the same point last year. The top-line rise translated into a 24% increase in profits.

    1 minute read

  • November 23, 2011 |

    Stephenson Harwood posts 4% increase for first half

    Stephenson Harwood has continued its upward trajectory and posted a 4% increase in revenues at the half-year stage, becoming the latest in a string of UK law firms to announce positive financial results. The firm's revenues for the six-month period ending 31 October rose to £51.4m from £49.6m a year ago. It comes after the top 30 firm saw revenues climb by 16% during the full 2010-11 financial year to £107m, marking the third consecutive year of growth for the firm despite the 
economic downturn.

    1 minute read

  • November 23, 2011 |

    Hong Kong horizons - what will the Asian legal market look like in 2021?

    Key Asian economies have established themselves globally as the West falters. 
Sofia Lind asks what the regional economy will look like in 2021

    1 minute read

  • November 23, 2011 |

    Great contacts, grind and patience – what it takes to open doors to key Chinese clients

    There's no magic formula for winning China clients, writes Sofia Lind, but pragmatism and a full Rolodex don't hurt

    1 minute read

  • November 23, 2011 |

    SJ Berwin sees revenues stay static at £84m at H1 point

    SJ Berwin has become the latest firm to post its half-year results, with the City firm seeing fee income remain static over the first six months of the 2011-12 financial year. Revenue for the period stood at £84m - the same as last year, when turnover climbed 9% on the previous year's figure.

    1 minute read

  • November 16, 2011 |

    A&O posts 11% revenue rise for first half as Eversheds income climbs 6.7%

    Allen & Overy (A&O) and Eversheds have both confirmed increases in revenue at the half-year point, with A&O posting an 11% hike while Eversheds saw fee income climb by just under 7%. A&O cited recent investment in key international markets as the principal driver of its double-digit growth, with the firm bringing in revenues of £582m for the period from 1 May to 31 October, up from the figure of £526m the firm took in during the equivalent period last year.

    1 minute read