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.
Lovells has posted figures this year of £286.5m - and reaped record profits.
Partners at the top of equity are now on £708,000, with the most junior equity partners on £283,000. All top equity partners who were partners in the legacy Lovells firm prior to its merger with Boesebeck Droste will benefit from an extra payout of £18,000. The payout is derived from outstanding work in progress from the legacy firm. Lovells is now the highest-grossing firm outside the magic circle. This year Herbert Smith turned over £204m, Norton Rose £175m and Ashurst Morris Crisp £155m. Lovells senior partner Andrew Walker declined to comment on figures, but did say: "Last year was remarkably successful for the firm."