legalweek
SJ Berwin saw staff numbers shrink by 9% during the last financial year, with the firm’s 2010-11 limited liability partnership (LLP) accounts showing total staff fell from 1,002 to 914.
The reduction, which saw the firm’s support staff numbers reduce by 22, with lawyer count shrinking by 66 [...]
SJ Berwin accounts show total staff numbers fell almost 10% in 2010-11
Trowers accounts show impact of tough business conditions
legalweek
Trowers & Hamlins saw total profits fall by a third in the last financial year as its UK and Middle East practices were buffeted by economic and political uncertainty.
The information, available in the firm’s 2010-11 limited liability partnership accounts recently filed on Companies House, shows to what [...]
Macfarlanes accounts show top earner took home £2.2m for 2010-11
legalweek
Macfarlanes’ highest-paid member earned a £2.2m share of the firm’s profits during the last financial year – almost double the equivalent figure in 2009-10 of £1.15m.
The figure, which includes payments made in relation to the partner’s retirement, is contained within Macfarlanes’ limited liability partnership (LLP) accounts, which [...]
Blackstone accounts reveal $7m pay package for PE house’s top lawyer
legalweek
Blackstone Group’s general counsel has emerged as one of the best-paid lawyers in the world, according to public documents showing he received 2010 compensation of $7.3m (£4.5m), writes Corporate Counsel.
According to the private equity giant’s annual filing with the Securities and Exchange Commission (SEC), its chief legal [...]
Dentons accounts show partnership shrank 15% in year before US tie-up
legalweek
Denton Wilde Sapte saw partner headcount fall by 15% in the last full financial year before its US merger, the firm’s limited liability partnership (LLP) filings have revealed.
The accounts show that Dentons’ partnership shrank by 21 during 2009-10, from 159 to 138, alongside an 11% decrease in [...]
Ashurst accounts: 2009-10 top earner made £1.1m as staff costs edge up
legalweek
Ashurst’s top-earning partner made just under £1.1m last year, according to accounts filed this week with Companies House.
The £1.07m figure is 12% higher than the top of Ashurst’s standard lockstep for 2009-10, which ranged from £362,000 to £940,000. The reason for the £130,000 discrepancy with the top [...]
Linklaters Asian operations hit by market downturn, accounts reveal
legalweek
Linklaters’ Asian operations bore the brunt the firm’s revenue drop during the 2009-10 financial year, according to its limited liability partnership (LLP) filings with Companies House.
View full post on Home – legalweek
Hammonds cuts £5m from net debt in 2009-10, accounts reveal
legalweek
Hammonds reduced its net debt by more than 30% during the last financial year, according to the firm’s latest limited liability partnership (LLP) filings.
View full post on Home – legalweek
Olswang accounts reveal extent of debt reduction and headcount cutbacks
legalweek
Olswang reduced its net debt by more than 20% during the last financial year, according to the firm’s first limited liability partnership (LLP) filings.
The UK top 50 firm saw total debt drop from just under £13.5m in 2009 down to just under £10.5m for the year ending [...]
Solicitors’ Accounts: A Practical Guide
Solicitors’ Accounts: A Practical Guide