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.
Mayer Brown Rowe & Maw (MBR&W) has posted a record turnover of $979m (£559.9m) for 2005, a rise of more than 7 per cent on the previous year's total of $911m (£521m).
If profit per equity partner rises at the same level, it will increase to $968,000 (£554,000). The announcement follows a strong performance by the London office. As first reported by The Lawyer (30 January), London turnover rose some 5 per cent to £83m and net profit skyrocketed from £18m to £25m in 2005.
The firm was busy strengthening its European network in 2005. At the end of the year it signed an alliance with Italy's Studio Legale Tonucci. It also swooped on Coudert Brothers, hiring partner Paulette Vander Schueren and two other lawyers, and raided White & Case for two partners for its Berlin office.