On Wednesday (8 July) Freshfields Bruckhaus Deringer became the final magic circle firm to reveal 2014/15 financials. So what have we learned about the economic health of the top tier?
Brodies has announced its fifth consective year of revenue and profit growth as turnover increased by 11.2 per cent, from £52.1m to £57.9m.
Ince & Co has announced that its turnover has fallen by 8 per cent, from £86.7m to £79.4m last year.
Charles Russell Speechlys has posted its first post-merger financial results, revealing a 3.5 per cent increase in revenue to £134.5m.
Withers’ revenue rose 8.7 per cent over 2014/15 from £123.3m to £134m, while its average profit per full equity partner (PEP) dropped by 2.4 per cent, the firm has announced.
King & Wood Mallesons (KWM) has reviewed its UK partnership with up to 15 partners to depart the firm with immediate effect.
Hogan Lovells executive manager Neil May has been appointed chief executive of common law set 42 Bedford Row following a unanimous vote by the chambers’ executive board.