The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. 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.
Denton Wilde Sapte (DWS) has reported a 6 per cent increase in turnover, from £147.5m up to £155.7, for the 2007 financial year.
After the 2006 profit per equity partner (PEP) increase of 37 per cent to £375,000, this year’s growth in PEP slowed, rising by 10 per cent to £411,000.
DWS chief executive Howard Morris commented: “Getting PEP above the £400,000 mark is an important milestone for the firm, but we continue to look forwards rather than backwards.”
Earlier this year (26 March) The Lawyer reported that rival firm Lovells raided DWS’s Dubai office, taking Islamic finance specialist Rahail Ali and his four-partner team to ramp up its Islamic finance capability in the Middle East.
Despite this loss Morris remains confident about the firm’s international capabilities, with international work contributing 20 per cent to overall turnover.
Morris said: “I expect this figure to hit 33 per cent within the next three years. Our firm is, and will continue to become, increasingly international.”