The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. 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.
Beachcroft has revealed an 8 per cent rise in turnover at the 2009-10 year end to £131m from £121m a year earlier.
The firm’s profit increased to £24.5m from £22.8m. This equates to an average profit per equity partner of £314,000, 4.3 per cent up on the 2008-09 level of £301,000.
Managing partner Paul Murray admitted the firm had intended to spend the past financial year consolidating previous acquisitions but added, “In a fast-changing market and one in which opportunities present themselves and must be seized, standing still is not an option”.
Beachcroft recently acquired London insurance boutique Williams Holden Cooklin Gibbons (WHCG) in April (5 April) and Halliwells’ Sheffield healthcare team (10 February).
Murray commented: “To achieve growth in both revenue and profit in such a challenging environment is no mean feat and should be a source of pride and confidence for our people.”
Simon Hodson, senior partner added: “Over the last three years we’ve managed the business such that we’ve been able to continue to invest in our key sectors and show a steady return on that investment.”