The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... 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.
Finers Stephens Innocent has posted an astounding 45 per cent increase in average profits per equity partner (PEP).
Turnover edged up just 6.5 per cent, to £16m. However, PEP has gone through the roof, exploding to £285,000 for 2003-04 compared to £195,000 in the previous financial year.
Finers managing partner Anthony Barling said: “We’ve kept a tight grip on expenses and it has generally been a very good performance across the firm. We’ve been trying very hard to get the levels of profitability up and I’m very pleased with the results.”