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.
South-EAST firm Cripps Harries Hall is awarding bonuses after the firm beat its targeted profit margin by 2.5 percent to hit £5.2m.
It comes as the firm reported an increase in turnover indicative of 0.8 per cent for the 2008-09 year-end, up from £19m to £19.15m. In the previous year turnover jumped 33 per cent from £14m at the 2005-06 year-end to £19m.
This year average profit per equity partner rose 2.5 per cent from £200,000 to £205,000.
Salaried partners will receive a bonus of 11 per cent of their base salary, associates will receive 5.5 per cent and other staff 3 per cent.
Managing partner Jonathan Denny said it had been a “challenging year”, but with the firm hitting budget all staff would be rewarded with a bonus.
Earlier this year Cripps won a place on the lucrative Crossrail panel, ensuring its workload for the forthcoming year.