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.
Clifford Chance has seen an 8 per cent turnover hike for its German offices for the financial year 2010-11.
The figure rose from €179.5m (£159.7m) to €193.8m (£172.5m), according to German legal magazine Juve. Financials for 2009-10 had shown an 8.4 per cent drop in turnover for the German business.
The equity partnership remained static in size, suggesting a similar increase in average profit per partner (PEP), which stood at around €1.1m (£978,481) in Germany for 2009-10. Overall headcount decreased by one per cent since last year’s results.
The German offices contribute around 14 per cent of the firm’s global turnover, which stood at £1.2bn for 2009-10. This was 5 per cent down on the previous financial year. Global PEP rose 27 per cent to £933,000 in 2009-10.