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.
Nottingham-based Freeth Cartwright has become the first firm to release financial figures this year, announcing a rise in turnover from £31.2m to £33.5m.
The firm saw its revenue figure grow by 7.4 per cent in the year ending March 2008, a rise that chief executive Peter Smith put down to strong performances by the real estate and corporate finance groups.
Smith said: "Our success is down to the work we do for our clients and the commercial approach we take to understanding what factors impact our business."
The rate of growth was down on the previous year's, which saw turnover rise by £3.5m, or 12.9 per cent.
The firm is still calculating its average profit per equity partner figure and, while the rise is anticipated to be roughly in line with the revenue rise, Smith said it is still too early to make a reliable estimate.