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.
Pannone has posted growth of almost 19 per cent, hitting a total turnover of £50.8m, from last year's level of £42.8m.
With such healthy growth, the firm is now tugging on the tailends of rival regional firms such as Cobbetts.
Cobbetts posted a disappointing turnover of £59m for 2007-8, just £1m above last year's figure.
Other firms to post double-figure growth include silver circle and top 15 outfits Herbert Smith, Norton Rose and Simmons & Simmons, while the strong H1s helped mid-market firms such as Davies Arnold Cooper, Nabarro and Weightmans also reach mid-teen growth.
Personal injury, Pannone's largest department by turnover, accounted for £12.8m, a rise of 19 per cent on last year.
However the highest rates of growth were seen in the firm's insolvency and regulatory groups, which grew by 33 per cent and 32 per cent respectively.