Slater & Gordon (S&G) CEO David Whitmore has urged the firm to look towards the future after its accounts revealed a 27 per cent drop in turnover for the firm’s financial year ending June 2017. A difficult 12 months saw the firm’s topline fall from £316.8m to £231.5m, a fall of £85.3m, with a number […]
DWF has released its financial results for the 2017/18 financial year with the firm posting an 18 per cent increase in turnover taking it from £199m to £236m. The firm also said that average profit per equity partner at the firm had increased last year, though it declined to publish what that figure had reached. […]
White & Case‘s net profit in London shot up nearly 40 per cent over 2017, according to the firm’s LLP accounts for the last financial year. The US firm revealed a strong year for the firm in London, as well as its Johannesburg office, which is also covered in the figures. Year-end figures for 2017 […]
Mishcon de Reya more than doubled the top line of its New York office over 2017/18, bucking a three-year trend of declining revenues in the firm’s sole office outside of London. Revenues dropped 64 per cent between 2014/15 and 2016/17 from a high of £6.7m to £2.4m. However, the firm’s fortunes reversed in the US in the […]
Weightmans is closing in on the £100m revenue mark, after reporting a 3 per cent growth in its turnover. The national firm revealed that turnover has nudged up from £95m to £97.1m after revenue remained static over 2016/17. Profit growth has slowed, however, after a surge of 21 per cent in the 2016/17 financial year. […]
Baker McKenzie‘s global revenue has come just shy of $3bn, as it bumps up 8 per cent from $2.67bn (£2.02bn) to $2.9bn in the financial year 2017/2018. This follows a modest 2.1 per cent rise in the 2016/17 financial year, when revenue inched up from $2.62bn to $2.67bn, and a steady return to form from 2014/2015 when revenue […]
In-house counsel have described DAC Beachcroft’s meeting rooms as “a miserable dungeon”, as part of an attitudinal survey on workspace carried out by The Lawyer.
Smaller UK firms are bracing for a tough year, with Brexit the main cause of concern for the UK’s regional and independent players, exclusive UK 200 research has shown.
The collective revenue of the UK 200’s independent firms is on the brink of hitting £1.5bn, The Lawyer’s new report released today (9 October) reveals.
The difference in size between the largest and smallest firms in the UK 200 has widened by almost 6 per cent year-on-year, new research by The Lawyer reveals.
More than half the European 100 either had no net change, or a net decrease, in female partner numbers last year.
Independent European firms are more worried about cyber security risks to their business than they are about global politics, Brexit or the Trump administration, exclusive research has revealed. Almost two-thirds of firms responding to the European 100 survey this year said they had identified cyber security as a risk for their business in 2018. The […]
Iberian firm Garrigues has become the first Continental European firm to break through the €350m (£307m) turnover barrier, holding its place as the largest independent firm in The Lawyer European 100. Garrigues posted a 2.2 per cent rise in revenue last year to push total income to €357.1m, keeping it comfortably ahead of French firm […]
Revenue growth slowed for many European law firms last year, with many blaming the UK’s referendum over its membership of the EU as the major cause.
Dentons has agreed a merger with Dutch firm Boekel, based in Amsterdam.
In 2016, the total turnover for the Continent’s top 100 firms broke through €9bn (£7bn) for the first time.
After a year of buoyant M&A activity and a continued flow of contentious and restructuring work, the financial results for the biggest European firms are in – and it was a record year
This week’s in-house interview sees Bjarne Tellmann, general counsel at publishing giant Pearson, go into detail about cultural change in an organisation. It took Tellmann – listed in The Lawyer Hot 100 this year, and whose function is shortlisted for In-House TMT Team of the Year at The Lawyer Awards next month – just 12 […]
Revenue and profits were up across much of the Continent last year as the European 100 gained a new top-ranked firm, France’s Fidal. Overall, 2014 was a good year across Europe. Even though not all markets are out of recession the combined turnover of the European 100 rose by around 5 per cent, to €8.6bn […]
Norton Rose Fulbright has restarted merger talks with Australian independent firm Henry Davis York (HDY), with partners expected to vote on the proposed union in the coming weeks.
Is Asia turning out to be a headache? This week we publish our annual Asia-Pacific 150, which follows hard on the heels of our new Global 200.
Volatility, consolidation and competition sum up 2015 in Asia’s crowded legal markets, exclusive research by The Lawyer has found.
Since 2013, the Top 30 firms in China has taken giant strides forward, with average revenue and headcounts soaring.
President Xi Jinping’s recent visit to Britain has supposedly opened a “golden era” in the relationship between the countries.
The first ever report into the financial results of the elite Chinese firms, The Lawyer China Elite 2015, was published on Monday. It identified the 30 largest Chinese firms by annual turnover and found that all but one posted growth in the 2014/15 financial year. Chinese giant Dacheng claimed the highest annual turnover among all […]
Overseas expansion and global alliances aside, this year’s China Elite report puts equal emphasis on the internal transformation and evolution some of the top-tier firms are currently undergoing. It will discuss how the leadership teams plan to improve firm governance, management and financial integration, which are of paramount importance for the next critical decade of […]
By Rob MacAdam With clients expecting more efficiency, transparency and value from their lawyers, it’s time for law firms to re-engineer their legal service delivery into real competitive advantage. In this video, Rob MacAdam, Director of Legal Solutions, identifies six elements that make up the anatomy of a legal matter, and discusses what improvements can be […]
By Gwendoline Davies, Claire Acklam Anyone involved in the conduct of litigation will be aware that the ‘overriding objective’, at rule 1.1 (1) of the Civil Procedure Rules (CPR), requires cases to be dealt with “justly and at proportionate cost”. Unfortunately, the question of what is proportionate continues to cause confusion and dispute. In this latest […]
By Susana Almeida Lopes Women represent 50% of the working population and are as much or more educated and qualified as men are. However, the problem of gender diversity (or lack of it), especially in top positions in organisations, is a persistent societal problem, and there are (many) studies that, if concrete measures are not taken, […]
By Emma Lusty It is a common misconception that a franchise network with a high level of resales is a bad sign. In fact, a healthy resale market is a good sign. It means that franchisees are able to build up profitable businesses which can be sold to recover a return on their initial investment and […]
By Daniel Gera, Dorottya Gindl Gender equality may be a core EU principle, but it will not become a reality without effective legal action. To meet the EU objective of reaching a 75% employment rate for both men and women by 2020, the European Commission aims to change the existing legal framework. Thus, the European […]
By Luca van Silfhout, Patrick Vettenburg A number of goods and services, listed in an annex to the Dutch VAT Act, qualify for the reduced VAT rate (instead of the regular VAT rate of currently 21%). Among these goods and services are: qualifying medicines, first-aid type supplies such as bandages and qualifying medical aids such […]