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.
Leeds-based Walker Morris has again recorded bumper profits for the past financial year
The firm's turnover, which was £26m for the financial year 2000/2001 has leapt to £31m. And its competitors will be left reeling at partner profits, which have increased from £400,000 to £446,000. "It's just a continuation of the same strategy which is developing a centre of excellence here in Leeds," said managing partner Peter Smart. The firm has a total of 40 partners, 26 of whom are equity. Equity partners at the top of the scale can expect to earn around £550,000, up from £410,000 last year. The strategy of the firm is not, however, to focus solely on Leeds. "We are developing client relationships, not only in Leeds, but also outside the region," said Smart. The firm has recently won new clients in Lancashire and Bristol. Smart said all his firm's departments had increased profitability. He pointed to the fact that other regional firms have lost their way. "There is a fundamental flaw in the international aspirations of regional law firms - and you can quote me on that."