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
An exhaustive analysis of the UK market including every firm in the top 200 ranked, analysed and benchmarked, UK chambers ranked by turnover, revenue per barrister and which international firms are most active in the UK.
Watson Farley & Williams’ (WFW) highest paid partner took home £1.2m in the last financial year, twice the amount made by the firm’s best paid partner in 2007-08, who earned £620,000.
Latest LLP accounts filed with Companies House reveal that the firm had 61 members in 2008-09 -10 more than in 2007-08 - and that the number of non-partners at the firm also increased over the same period.
The growth in headcount helped boost overall turnover, which grew by 22 per cent to hit £59.4m.
International income increased by 50 per cent during the last financial year, and now makes up over a third of total revenue.
The firm brought in £21.9m from its non-UK European and South East Asian offices during 2008-09, compared with £14.6m for these overseas offices during the previous financial year.
The largest amount was from its European offices, which together brought in £13.1m, while the South East Asian offices in Bangkok and Singapore made £8.7m.
The increasing importance of the international offices was reflected in the promotions to the partnership in May 2008. Out of a total of nine new partners, four were made up abroad, with one promotion each in Bangkok, Paris, Rome and Singapore.