Halliwells is first off the mark this year with the revelation that its turnover is up by 37.5 per cent and profit up 20 per cent. Not bad for a pushy North West firm that only really got its act together three years ago.
But Halliwells won’t be the only firm turning in stellar results. The corporate firms in the City have been coining it: magic circle partners are exhausted, but jubilant. For news on the official results, see www.thelawyer.com this month.
The word is that even the notoriously private Slaughter and May has had a killer year. The partners there are keeping shtoom, but in our podcast interview with senior partner Tim Clark (downloadable on iTunes or available on www.thelawyerpodcast.com) he says: “We don’t comment on the numbers that are published, but if they show that we’re successful then that is tremendous.”
So has 2007 broken even Slaughters’ records? All Clark says is this: “It’s been a very good year.”
We don’t reckon Slaughters partners will be remortgaging their third homes just yet.
Meanwhile, The Lawyer has launched a brand-new student and trainee site, packed with top tips on starting a career in the law. To access this vital resource, visit www.lawyer2B.com.