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.
Niche pensions firm Sacker & Partners posted record results in the last financial year, The Lawyer can reveal.
According to limited-liability partnership (LLP) accounts, the 20-partner boutique turned over £15.7m in 2005-06, up £2m from the previous year's revenue of £13.7m.
Net profit stood at £8.09m, representing a profit margin of 51.3 per cent and giving an average profit per equity partner of £679,000. There were 13 equity partners and the highest-earning made £766,000.
Senior partner Ian Pittaway told The Lawyer: "Pensions are high on the agenda for most companies, whether controlling crippling deficits or doing corporate deals.
"All this activity, plus a raft of interventionist legislation, has filtered through into another strong year for the firm."
Sackers, Niche Firm of the Year at The Lawyer Awards two years ago, converted to LLP status earlier this year. It is set to be one of the strongest performers in The Lawyer Rising 50, published later this month.