The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
French international Gide Loyrette Nouel has leapfrogged accountancy-tied firm Ernst & Young Societé d’Avocats (E&Y, formerly EY Law) to become France’s second-biggest firm by revenues.
Gide’s French turnover rose from 116.1m euros in 2003 to 125.6m euros for the calendar year 2004, according to research released by French legal magazine Juristes Associés.
E&Y’s income dropped by a massive 35 per cent to 114m, pushing it into third place.
Fidal remains France’s biggest law firm, employing 1,372 fee-earners and making 250m euros in 2004. The former KLegal member is the only one of the “Big Four” accountancy firms to have survived the French crackdown on services to audit clients.
Both Landwell & Associés and Taj (previously Deloitte) slipped down the table with turnover slumps.
However other firms performed well, particularly CMS Bureau Francis Lefebvre, where turnover rose 10 per cent to hit 108.5m euros.