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.
Two of the group’s smaller members, Macfarlanes and Dickson Minto, have yet to release figures but look a safe bet to drop below the magic million figure.
Which leaves Freshfields, Linklaters and Slaughter and May as the only millionaires so far (see more on Top of the Peps on TheLawyer.com, our rolling tally of law firm financials). Of course, Slaughters is famously secretive about is its financial performance, but even if the firm follows the current fashion for a 30 per cent fall in profits, with PEP of more than £2m last year it is unlikely to be toppled as the UK’s most minted law firm.
The final member of the club, Allen & Overy, is due to announce its results tomorrow - and last year PEP was hovering dangerously close to the wire at £1.12m.
The remaining millionaires will be watching closely to see if A&O is the latest casualty of the recession. Check TheLawyer.com tomorrow.