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.
Hammonds has reported strong growth in turnover and profitability for the first six months of the current financial year, with half-year revenues estimated at £65m.
The figure puts the firm well on course to beat last year’s £127.6m turnover, and average profit per equity partner should also be up from the £204,000 recorded in 2004-2005.
Managing partner Peter Crossley said the firm had had a “very good” half-year, and that it was ahead of budget and ahead of the same point in 2004.
The news will be a comfort to Hammonds, which suffered from a 25 per cent profit slump at the end of the last financial year. Crossley was forced to take a tough stance on costs and performance, including a redundancy programme and a 14-month lock-in for equity partners.