Richard Susskind revealed his view of the future at the Global Law Summit this week. For many, it’s not pretty
Today’s news that turnover at LOD has risen by 500 per cent over the past four years is not only good news for the Berwin Leighton Paisner-backed flexible resource offering. It is a vindication of a model that has moved from the niche to the mainstream.
If you were still looking for a way to get your year started properly yesterday then you could have done a lot worse than attend the party to launch the Hot 100 2015. A stellar turnout saw a jamboree of lawyers from every corner of the legal market rub shoulders over a glass or two at a jam-packed Royal Exchange.
Financial stability is crucial for any business and law firms are no exception. A survey released last week showed that increasing profitability remains the top concern for the majority of UK firms, despite the fact that the last financial year was a record-breaker ...
Last month we brought you insight on what it is that makes the job of managing a law firm so tough.
Covington & Burling’s year-end financials show London net profit growing by 18.2 per cent in 2014 to $30.7m with revenue climbing 6.2 per cent to $64m (£42m).
Weil Gotshal & Manges’ UK revenue grew by 9.6 per cent in 2014, from $114m to $125m (£82m).
DLA Piper’s global revenue held steady at $2.48bn (£1.626bn) last year, following a 1.7 per cent growth during the 2013 calendar year.
Debevoise & Plimpton has posted a 3.2 per cent revenue increase in $710.3m (£466m) in its year-end financial results, as average profit per equity partner rose 3.4 per cent from $2.3m to $2.38m in 2014.
Iberian firm Cuatrecasas Gonçalves Pereira has reported a 3 per cent rise in turnover for the 2014 financial year, with revenues increasing from €248m to €255.4m (£185.5m).