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 finally announced its financial results for 2005 and average profit per partner has sunk 25 per cent to £204,000 from £272,000 last year.
After a delay due to the involvement of new auditors PricewaterhouseCoopers, as first revealed in The Lawyer (6 June 2005), the firm was able to brief partners on the results this afternoon (Thursday 21 July).
Global turnover was £127.8m. The firm’s profit before tax was £17.8m, taking into account the "exceptional charge" of £1.6m incurred through re-organisational costs.
Hammonds also reported that income from the firm’s construction department, which has suffered a spate of partner losses over the year, was down by 27 per cent from 2004.