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.
Pinsent Masons is looking into the potential of asking partners to put more cash into the business in a bid to boost its coffers.
The firm has confirmed that a decision will be made in the autumn as to whether a cash call will be needed or not, but was unable to establish the value of any capital injection.
The national firm saw PEP fall by 38 per cent from £500,000 in 2007-08 to £310,000 for 2008-09, while its profit margin fell from 25 per cent to 17 per cent. Turnover increased by one per cent to hit £215m over the same period.