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.
TECHNOLOGY boutique Kemp Little has posted a massive 27 per cent turnover rise following the completion of a wide-ranging strategic overhaul.
Turnover leapt from £4.25m to £5.4m in 2006-07, while average profit per equity partner was up by 44 per cent to £360,000.
Senior partner Richard Kemp said the firm had experienced growth across all departments.
“It was good to come out of the strategy review and find that the decisions we made were bearing fruit,” he said.
At the end of 2005 the firm, which launched 10 years ago, kicked off a strategic overhaul, led by management consultant Alan Hodgart. This saw a move to a modified lockstep and put in place a new management board to run the firm.
Commercial technology accounted for 50 per cent of the revenue stream, followed by corporate at 30 per cent. The latter has doubled its fees in the past two years.