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.
Salans has defied the economic downturn to post a 16 per cent jump in turnover for 2008, passing the E200m (£179.37m) barrier for the first time.
Salans has boosted its revenue to E214.4m (£192.3m) – up from the E184.7m (£165.65m) haul the firm managed the previous year. Despite the turnover rise, the firm expects average profit per equity partner (PEP) to remain static at ;around ;E500,000 (£448,434).
Salans chairman Stephen Finch said: “It’s been a pretty satisfactory year this year, but 2009 is less certain. We’ve seen different levels of activity in different groups. Obviously the insolvency, regulation and dispute resolution groups have been very busy. But the corporate and banking departments have seen busier times.”
Salans operates on a calendar year basis and last year ditched the dollar and started billing in euros for the first time. Growth has slowed at the firm, which last year posted a revenue hike of 37 per cent.
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