The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... 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.
Linklaters has more partners than any other firm in the City earning in excess of £1m a year, exclusive research has revealed. The firm has a stunning 124 partners who pocketed upwards of £1m during the past financial year.
Slaughter and May was the magic circle firm's closest rival, with 90 partners earning more than £1m a year, followed closely by Allen & Overy (A&O) with 85 partners, or 25 per cent of its equity partnership, residing in the £1m club.
The research conducted by The Lawyer revealed that 392 London-based private practice partners trousered packages of more than £1m for 2005-06. This includes 72 London-based partners at US-headquartered firms.
Slaughters jumps to the top spot if the rankings are based on percentages. A staggering 75 per cent of the firm's 121 equity partners earned more than £1m in 2005-06 after the average profit per equity partner (PEP) reached £1.12m.
By comparison, only 35 per cent of Linklaters' 353 equity partners pocketed remuneration packages of more than £1m for the last financial year, after average PEP hit £1.06m.