The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. 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.
Allen & Overy has posted an 18 per cent jump in its half year revenue.
The magic circle firm’s turnover for the first six months of the 2006-07 financial year stood at £422m compared to £358m for the same period last year.
A&O managing partner David Morley said in a statement: “This is very healthy organic growth. It results from buoyant M&A and finance markets but most of all from our ability to combine impressive individual talent with a great team effort across the firm.”
He added: “The figures show the true strength of A&O around the world. They also demonstrate how, alongside our stellar ICM and banking practices, the corporate business is a real powerhouse that is performing strongly.”
A&O’s average profit per equity partner for the last financial year shot up by 20 per cent from £656,000 to £788,000. Turnover, meanwhile, increased by 11 per cent from £666m to £736m, according to the firm’s limited liability partnership accounts.