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.
Eversheds has posted a slight increase in turnover for the last financial year.
Gross fees went up 7 per cent from £212m to £227.1m while average profits per partner rose from £260,000 to £301,000. Top equity partners moved up 18 per cent from £380,000 to £450,000. Managing partner David Ansbro said: "Bearing in mind what we did last year in merging the seven firms, this is a thoroughly satisfactory performance. The first three months of the year were very inward-looking." The regional practices still dominated, with London representing only 20 per cent of turnover. As part of the merger, Eversheds shed 10 equity partners (The Lawyer, 15 January). Prior to the merger, a bonus pool was shared among the offices; last year it was worth £6m. Ansbro confirmed Eversheds and Dutch partner Boekel de Neree are working towards full merger.