Magic circle figures: Freshfields top on PEP as A&O closes turnover gap

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  • Congratulations to the partners at Freshfields! Fanastic news and well deserved. The best of the magic circle for sure and they have managed to sustain their results unlike the others.

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  • To 9:15. FF the only firm to sustain their results?? The results clearly show they are the only firm to have NOT sustained their results (in the profit department).

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  • To 10.36, swings and dips over the last 3 years at Links, CC and A&O, but stable at FBD.

    ps. FBD produced the highest headline profit of the quartet (although each firm calculates the figure in a different way) with £550m ($879m), followed by Links with £515m, Allen & Overy with £456m and Clifford Chance with £381m.

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  • Freshfields also deserve credit for not making widespread redundancies during 2008. A truly great international law firm with a solid management team in place.

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  • Great news for Freshfields and the others, good signpost for the sector in general as it certainly mirrors the general results we are seeing from our clients here in Texas, all be it on a smaller scale.

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  • * albeit

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