The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... 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.
Baker & McKenzie has broken the $1.5bn (£801.44m) revenue mark for the first time, placing it among the five largest firms in the world. Bakers' revenue hit $1.52bn (£856m) during the 2005-06 financial year, up by 13 per cent from $1.35bn in 2004-05. Meanwhile, net profit rose by an impressive 24 per cent to $565m (£318m). Chairman John Conroy attributed the results to a four-pronged strategy: growth in China, London, New York and Tokyo; a focus on M&A, banking and finance, private equity and securities; developing relationships with key clients; and improving cost management.