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 brought in £100m more than at the equivalent stage last year, with revenue rising 22 per cent to £536m.
Linklaters managing partner Tony Angel told The Lawyer: “This is a global phenomenon across all practice areas. Whether you go to Asia or Europe, if you look at real estate, corporate or finance, we’re as busy as we could be.”
Angel said that he is “cautiously confident” that the same level of growth could be continued for the next six months. He said that despite reports of a slowdown in US consumer spending, the firm would continue with its long-term strategy.
“Ten years ago we decided that the future lay in a globalising world, with big growth in international capital markets, with work flowing across borders and across practice areas. You will see times when the international dimension is less pronounced but the long-term trends continue,” said Angel.
He pointed to London, Asia and the firm’s new Dubai office as particular strengths. Despite the firm being flat-out, Linklaters will not be rushed into a big recruitment drive.
“It’s not always a brilliant idea to staff for the peaks,” concluded Angel.