The Lawyer Global Litigation Top 50 report is the only ranking of international law firms by litigation and arbitration revenue and is essential reading for anyone seeking to benchmark their litigation and dispute resolution practices...
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.
Based on preliminary results PEP at the all-equity partnership is expected to rise from £700,000 to £830,000 for the 2005-06 financial year. Top of equity is predicted to rise by 14 per cent from £860,000 last year to £975,000.
Despite the increase Freshfields’ PEP is significantly lower than that of magic circle rival Linklaters, which saw average partner profit breach the £1m barrier for the first time (The Lawyer, 22 May).
Meanwhile, as first reported in The Lawyer this week (29 May), Clifford Chance’s average PEP is due to increase to £810,000, up from £615,000 last year.
Freshfields turnover for the last financial year is expected to jump by 13 per cent from £780m last year to £880m.