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.
Travers Smith has posted a 15 per cent increase in both its average profit per equity partner (PEP) and turnover. PEP for the year 2006-07 came in at £810,000, with turnover at £78.3m. Chris Carroll, managing partner at Travers, said the results are a strong reflection of booming market conditions over the past 12 months and the firm's client list and corporate teams. The corporate team secured a number of notable deals, including Merlin Entertainment's £1bn acquisition of Tussauds, while its litigation practice also registered a strong year. The year also saw Travers close its German office, leaving the firm with just one remaining overseas office in Paris.