CC in record profits rise

Clifford Chance has posted record results for the last financial year. Preliminary figures indicate that it grossed £915m for 2000/01, with the London office alone turning over £405m. This is up 57 per cent from last year’s £585m, and exceeds easily its budget of £800m. Profitability, too, has risen – early indications are that plateau partners will make some £845,000 compared with last year’s £804,000.