French law firm turnover up twenty-four per cent

The french legal market has had a record year, with turnover for the top 100 firms in France up by 24 per cent to nearly FFr12bn (£1.16bn).
Last year, 18 per cent of firms made between FFr100m (£9.63m) and FFr200m (£19.26m), this year that figure rose to 23 per cent.
Fidal is the largest firm, with 1,206 fee-earners, nearly twice the number in the second largest firm, PricewaterhouseCoopers' affiliated French firm Landwell. This year, Fidal's turnover was FFr1.374bn (£132.34m), while Landwell's was FFr768m (£73.97m).
Accountancy-tied firms HSD Ernst & Young and Andersen Legal came in third and fourth position with turnovers of FFr626m (£60.3m) and FFr608m (£58.56m) respectively. Gide Loyrette Nouel also had a good year, making FFr552.8m (£53.25m) in France.
UK firms Clifford Chance, Freshfields Bruckhaus Deringer and Linklaters & Alliance all came in the top 10.
Deloitte & Touche did not do particularly well, and despite being France's seventh largest firm, it came tenth in respect of turnover.
The survey, published by Paris-based newsletter Juristes Associés also revealed that French law firms are growing rapidly, with 29 per cent housing between 51 and 100 fee-earners, compared with 25 per cent last year.
It also reiterated the importance of the big five accountancy-tied firms, which it claimed accounted for 56 per cent of fee-earners.
And globalisation was key, with 73 per cent of French firms having a global affiliation or network, compared with only 59 per cent last year.

Top 15 law firms in France (by number of fee-earners)
Rank Law firm No of fee-earners No of partners Total staff
1 Fidal 1,206 345 2,109
2 Landwell & Associés 607 69 787
3 HSD Ernst & Young 526 62 713
4 Andersen Legal 522 44 684
5 CMS Bureau Francis Lefebvre France: 268 66 420
Worldwide: 321 72 492
6 Gide Loyrette Nouel France: 225 65 481
Worldwide: 344 73 671
7 Deloitte & Touche 191 31 280
8 Clifford Chance 179 20 361
9 Jacques Barthélémy & Associés 156 36 245
10 Freshfields Bruckhaus Deringer 135 28 285
11 Salans Hertzfeld & Heilbronn France: 125 39 274
Worldwide: 349 105 809
12 Linklaters & Alliance 114 19 187
13 Magellan 102 38 161
14 August & Debouzy 98 6 139
15 Stibbe 89 26 176
Source: Juristes Associés

Top 10 law firms in France (by turnover)
Rank Law firm Turnover (FFr m) Turnover (£m) No of fee-earners
1 Fidal 1,374 132.34 1,206
2 Landwell & Associés 768 73.97 607
3 HSD Ernst & Young 626 60.30 526
4 Andersen Legal 608.3 58.59 522
5 Gide Loyrette Nouel France: 552.8 53.25 225
Worldwide: 682.4 65.73 344
6 CMS Bureau Francis Lefebvre France: 551 53.07 268
Worldwide: 640 61.64 321
7 Clifford Chance 420 40.45 179
8 Freshfields Bruckhaus Deringer 396 38.14 135
9 Linklaters & Alliance 300 28.90 114
10 Deloitte & Touche 270 26.01 191
Source: Juristes Associés