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.
Financial figures for last year continue to trickle in and while there are few striking increases, most sets have performed solidly in an often-difficult climate. Seven Bedford Row saw turnover rise by 9 per cent, breaking through the £15m barrier for the first time. With 71 of the set's 77 members practising throughout the year, revenue per barrister went up by 5 per cent to a respectable £216,000.
Around the corner, the smaller 2-3 Gray's Inn Square posted a slight income rise to £10.6m from £10.2m. The set matches Seven Bedford Row's revenue per barrister mark after losing three members during the year.
Outside London, Exchange Chambers had a difficult 2005-06. The North West giant managed to get revenues up by 1 per cent to £14.3m, but after a year of aggressive recruitment, revenue per barrister dropped to less than £160,000.