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.
US firm Dorsey & Whitney has posted a marginal rise in turnover for the 2011 financial year, with the figure nudging up by 0.3 per cent.
Total revenue at the firm was $323.5m (£205m) last year, up from $323m the previous year, while average profit per equity partner (PEP) dropped 0.9 per cent from $565,000 to $560,000 (£355,000).
The results are an improvement on the previous year, when the firm saw gross revenue fall by nearly 6 per cent.
In the past year Dorsey has announced an alliance with Shanghai boutique Martin Hu & Parnters (MHP).
Dorsey is the latest US firm to reveal it financial results for the last year. Last week King & Spalding posted rises in turnover and PEP of 9 per cent and 12 per cent, respectively (10 February 2012). Willkie Farr & Gallagher saw both revenue and PEP rise by 3 per cent (10 February 2012).