The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... 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.
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.