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.
Manchester firm Pannone saw its turnover rise by 12 per cent at the half-year mark in a positive first six months.
Income rose to £20.5m for the first half of the current financial year, compared with £18.5m in 2005.
The increase is lower than the firm's 16 per cent turnover growth for the full year between 2005 and 2006.
However, managing partner Joy Kingsley said signs were positive for the second half of the year and that the firm is on course to break through the £40m barrier.
"We'll definitely beat last year's turnover by 15 per cent, maybe more," she said.
Kingsley added that the continued growth was due to investment in people during the last year, including the absorption of four partners and a number of other fee-earners from local firm Wacks Caller in June this year.