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.
Stephenson Harwood has announced a 3 per cent turnover hike for the 2011-12 financial year, with the rise coming amid an 18 per cent drop in the firm’s average profit per equity partner (PEP).
The City firm has reported annual fee income of £110.2m for the financial year, a figure up on last year’s £107m, which saw it break £100m for the first time (11 May 2011).
However, it has posted an 18 per cent drop in PEP from £610,000 in 2010-11 to £500,000 this year, with the firm putting the decrease down to a 19 per cent hike in the size of the firm’s equity partnership.
CEO Sharon White said the revenue hike brought the firm’s total turnover growth for the past four years to 30 per cent, adding in a statement: “We continue to invest in the long-term development of our core practices and our international offering.”