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.
Denton Wilde Sapte (DWS) has announced a 10 per cent rise in turnover worldwide to around £85m at the half-year stage, with its four offices in the Gulf posting a massive 63 per cent rise on the same period last year.
The biggest increase was seen in the Gulf but growth in the London office has stalled with revenues rising a negligible amount.
However the half-year results in the Middle East will please the partnership, which has invested much in the region during the last year. The firm has 80 lawyers and four offices in the Gulf, in Muscat, Abu Dhabi and two in Dubai.
It planned to double the size of its seven-lawyer Abu Dhabi office by the end of the year and has added two partners already to Muscat.
The news comes one week after DWS announced that its UK offices would convert to limited-liability partnership (LLP) status. The 10 overseas offices will continue to practice under the DWS name, with overseas partners given voting rights for firmwide decisions. All partners' remuneration, on mixed lockstep, is based on the same amount of monetary value per point across the network.