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.
The firm brought in a total of £49.6m in fee income for the six months to the end of October 2010, up from £42.6m during the same period in 2009-10.
Chief executive Sharon White said the results were better than had been expected and came on the back of strong performances across all practice areas.
She added that the firm was also performing well against its budget but expressed caution over reading too much into half-year figures.
White commented: “It’s great and we’re obviously pleased but you can’t start thinking it’s necessarily going to continue that way for the second half, though we’re reasonably confident.”
Last year, Stephenson Harwood posted an 8 per cent turnover rise with incomes reaching £91.9m in 2009-10.
Other firms to post half-year results include Allen & Overy, which reported a 3 per cent increase and DLA Piper, which posted a rise of 8.5 per cent. Norton Rose and SJ Berwin both reported increases of 9 per cent.