legalweek
Mayer Brown has posted a 2.4% increase in firmwide revenues for 2011 after two years of falling financials, reports the Am Law Daily.
The firm saw total turnover climb to $1.13bn (£713m), while profits per partner (PEP) rose 10% to $1.18m (£745,000). Revenue per lawyer also grew 10% [...]
Mayer Brown posts 2011 revenue rise after two years of faltering results
SNR Denton posts first combined results with H1 revenues up 11.5%
legalweek
SNR Denton has seen global fee income for the six month period ending 30 October increase by 11.5%, with legacy Dentons Wilde Sapte’s operations in the EMEA LLP seeing a slight drop in fee income.
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A&O posts 11% revenue rise for first half as Eversheds income climbs 6.7%
legalweek
Allen & Overy (A&O) and Eversheds have both confirmed increases in revenue at the half-year point, with A&O posting an 11% hike while Eversheds saw fee income climb by just under 7%.
A&O cited recent investment in key international markets as the principal driver of its double-digit growth, [...]
Bakers posts single-digit increase in both revenue and PEP
legalweek
Baker & McKenzie has posted a single-digit increase in both annual revenue and profits for the 2010-11 financial year ending 30 June, reports the Am Law Daily.
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Macfarlanes posts increases in both revenue and PEP for 2010-11
legalweek
Macfarlanes has posted its 2010-11 financial results, with both revenue and profits per equity partner (PEP) increasing at the firm after a slight dip last year.
The firm has seen turnover grow 2.5% to £94.7m, up from £92.4m last year, while PEP rose to £752,000, 4.6% up on [...]
A&O posts 7% turnover increase as PEP holds steady at £1.1m
legalweek
Allen & Overy (A&O) has boosted turnover by 7% while also increasing total profits, in what will be seen as a solid financial performance for the firm during a tough trading year.
The magic circle firm saw turnover grow to £1.12bn in 2010-11, up from £1.05bn in 2009-10, [...]
Eversheds posts flat revenues alongside 7% PEP growth for 2010-11
legalweek
Eversheds has announced its 2010-11 financial results, posting flat revenues alongside a 7% increase in profits per equity partner (PEP).
The firm’s 2010-11 performance has seen revenues remain static at last year’s level of £355m, with profits up 3% and PEP increasing 7% to £550,000.
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Camerons posts double-digit PEP increase as revenues grow 5%
legalweek
CMS Cameron McKenna has posted a double-digit increase in profits per equity partner (PEP) against a 5% increase in turnover.
The firm has announced unaudited turnover of £225m for the 2010-11 financial year, up from £214m last year, with PEP standing at £500,200 – around 11% up on [...]
Osborne Clarke posts 8% revenue rise for 2010-11 financial year
legalweek
Osborne Clarke has become the latest UK top 50 firm to announce its financial results, with the firm posting 8% revenue growth for the financial year ending 30 April.
Firmwide revenue climbed £6.6m from last year to £90.3m, on the back of 6% growth in UK revenues and [...]
Shearman posts falling revenue and partner profits for 2010 financial year
legalweek
Shearman & Sterling saw an 8% fall in both revenue and partner profits in 2010, reports the Am Law Daily.
The New York law firm this week released figures showing that gross revenues slid from $801m (£497m) in 2009 to $737m (£457m), while profits per equity partner fell [...]