The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... 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.
Scottish firm Shepherd & Wedderburn has posted robust financial figures for 2005-06, with annual fee income rising by 13 per cent to £34.6m.
The firm also confirmed that it was planning to convert to limited-liability partnership status later this year, as first revealed on www.thelawyer. com (16 May).
Shepherds said a separate figure that would include an adjustment for work in progress and other non-fee income sources of revenue would be issued in due course.
The firm's chief executive Patrick Andrews said that, although the revenue increase was ahead of the 8 per cent rise in 2004-05, what was particularly pleasing was the five-year trend that has seen Shepherds' fee income rise on average 14.5 per cent in each 12-month period.
Andrews pointed to Shepherds' corporate, projects and pensions groups all having particularly strong years.