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UK firms stand out in global legal services industry

Collective turnover at UK firms increased by 8.4 per cent to a record £30.6bn last year – accounting for 7 per cent of the $650bn (£419.6bn) global legal services fee revenue in 2013/14. A new report by TheCityUK, released at the Global Law Summit in London this morning (25 February) found that UK firms experienced […]

Los Angeles

Paul Hastings hits $1bn revenue mark with 6.3 per cent hike at 2014 year-end

US firm Paul Hastings has posted a 6.3 per cent increase in revenue in its year-end financial results for 2014, growing from $941m to $1bn (£649m). Profit per partner increased by 8.5 per cent, from $2.17m to $2.36m, and Paul Hastings’ revenue per lawyer grew by 8 per cent from $1.06m to $1.1m.  The firm’s […]

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