Click here to access full coverage of Speechly Bircham in The Lawyer UK 200 2013. Featuring the UK’s leading law firms ranked by turnover, as well as extensive benchmarking data, the report is a comprehensive market intelligence resource for the UK legal sector.
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Analysis from The Lawyer
Speechly Bircham must look back to 2009/10 with an air of nostalgia. Back then the firm pulled off a merger with Campbell Hooper to boost revenue by 37 per cent, to £58.4m. The tie-up also helped the firm’s average profit per equity partner (PEP) to rocket by 29 per cent, from £331,000 to £428,000.
A merged Withers and Speechly Bircham would have scaled The Lawyer’s UK 200 with a turnover of about £170m, and created one of the world’s largest specialist private client teams. So what went wrong?
Overview6 New Street Square
Turnover (£m): 57.50
No. of Lawyers: 195