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.
Norton Rose has seen double-digit growth in its revenues during the first six months of the financial year, with fee income increasing 11 per cent to £141.5m.
During the same period last year the figure stood at £126m.
The firm's chief executive Peter Martyr said the healthy growth was down to its hubs in Asia, London and the Middle East remaining fairly robust.
"The worst-performing areas stayed flat though banking and corporate finance, as normal, contributed the most to revenues," said Martyr. "The biggest jump in growth was in regulatory, which was good double-digit growth."
Martyr said it is difficult to predict how the firm will perform in the next six months, adding that he expects equity capital markets to stay "dead as a doornail".
"Litigation and regulation will stay strong and in our banking areas, because we are leaders in these specific areas, we're hoping to be one of the last affected," said Martyr.