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.
Nabarro boosted turnover by 13 per cent and expects a 20-plus percentage increase in average profit per equity partner (PEP).
If the firm has achieved its increase in PEP it will have reached its goal of achieving £500,000 by the end of the 2006/2007 financial year. Last year PEP stood at £451,000.
Nabarro senior partner Simon Johnston said: “We had a very aggressive budget from the previous year and we actually managed to do much better than we expected. We have seen strong growth across the firm and real estate and corporate have done very well.”
Turnover has increased from £107.3m to £121m. This initial figure does not take into account the impact of reporting standard FRS5.