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 has seen its half-year revenues drop by seven per cent during the first six months of 2009-10 compared with revenues for the same period last year.
The firm brought in £98m, which according to a firm spokesperson was “broadly what we were expecting.”
The drop in turnover compares with revenue growth during the first six months of 2008-09 when firm made £105m, a six per cent increase (7 November 2008).
Many firms have posted a drop in revenues at the half-year level. Wragge & Co dropped by around three per cent, Berwin Leighton Paisner by five per cent, Eversheds by six per cent, Allen & Overy by seven per cent and Simmons & Simmons by 16 per cent (9 November 2009).
However, Lovells and Norton Rose are expected to report flat results, Denton Wilde Sapte to have grown by 3.5 per cent and Watson, Farley & Williams by 15 per cent.