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.
North West firm DWF has announced a 17 per cent increase in average profit per equity partner (PEP) and a 15 per cent rise in turnover for the last financial year.
DWF’s turnover rose to £83m in 2010-11, compared to £71.5m in 2009-10. PEP went up from £333,000 to £390,000.
The firm’s corporate team produced a revenue rise of 34 per cent, while activity in its core insurance practice went up by 18 per cent.
However, DWF’s real estate and private client practice struggled more. The property team produced a turnover rise of just 6 per cent, while revenues from private client went down by 7 per cent.
Managing partner Andrew Leaitherland said the firm would continue to grow. He pointed to DWF’s 11 lateral hires over the last year and said the firm had invested heavily in both transactional and contentious teams.
The final results are an improvement on DWF’s half-year results, where turnover was up by 12 per cent compared to the previous year.
DWF kicked off the current financial year with the opening of a new office in Newcastle (6 May 2011).