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.
Hammonds has seen profit per equity partner (PEP) rise by 61 per cent to £328,000 after a year of tough management. Turnover rose by 4 per cent to £132.7m. Hammonds is now running with a profit margin of 23 per cent, up 7 per cent on last year's 16 per cent. Hammonds has also reduced its borrowings by 38 per cent and plans to continue to cut its overdraft, which in the past has been as high as £30m.