Revenue at Brabners reached £55.6m in the 2023/24 financial year, subject to audit, after the firm increased its top-line by 18 per cent from the previous year’s £47.1m. The firm’s newly re-elected managing partner Nik White told The Lawyer that it was a “standout year”, with just one department out of 13 across the firm’s […]
Having expanded its European presence over 2023/24, Fieldfisher has reported a strong year of financial growth with revenue up 10 per cent. The 10 per cent growth relates to an 11-month period to 31 March, after the firm decided to bring its year-end date forward ahead of HMRC basis period reform changes. The firm has […]
HFW has posted double-digit growth firmwide in profit and revenue for a second year running, as the firm hit £251m turnover for the financial year ending 31 March. This figure is up 11 per cent from last year, while net profit has gone up 16.5 per cent, hitting £75.4m. London revenue makes up around two-fifths […]
Revenue at Kennedys increased 17 per cent during the 2023/24 financial year, with non-UK revenue contributing 50 per cent towards the firm’s top-line for the first time. Kennedys generated £384m in revenue, up from the £328m it generated in 2022/23. This marks the second consecutive year of double-digit growth for Kennedys, with the firm achieving […]
Osborne Clarke has awarded its UK staff and lawyers a 5 per cent profit share bonus following a record financial year. It has been a strong year for Osborne Clarke with UK revenue up 11 per cent from £217.3m to £240.5m. International revenue, meanwhile, was up 19 per cent from €442m to €525m. An increased […]
Weightmans is handing out £3,000 bonuses to all of its staff to celebrate a record year in which revenue grew by 12 per cent. The firm changed its financial year-end from 30 April to 31 March this year, posting revenue of just over £140m for the 12-month period. This equated to a 12 per cent […]
Scottish firm Burness Paull has posted a 28 per cent drop in revenue from £83.2m to £60.1m, following a change in its financial year-end that cut four months from its trading period. The year-end change at Burness Paull, prompted by HMRC’s basis period reforms, is one of the most significant among UK 200 firms. Unlike […]
Paul Hastings is expecting to generate over $200m (£158m) in its London office this year after investments made across its finance and litigation groups. The firm is estimated to have brought in $174m (£138m) over 2023, meaning it is looking to grow its revenue in the City by at least 15 per cent in this […]
Stephenson Harwood’s revenue jumped by 16 per cent over 2023/24 to a record high figure of £264.2m. Alongside the revenue increase, the firm also saw a 10 per cent increase in net profit from £82.4m to more than £90m. The firm’s average profit per equity partner rose by 7 per cent from £725,000 to £775,000. […]
London: Lincoln’s Inn firm Hunters Law has rebounded in the 2023/24 financial year, posting a 10.2 per cent revenue rise, from £12.7m to £14m. Beyond the Bubble, in association with LexisNexis: The firm had flatlined for several years, dancing between £12.1m at the lower end to £12.7m at the higher end for the previous five financial years. […]
Harbottle & Lewis has announced its firmwide revenue after switching its financial year-end due to new HMRC tax rules. The firm managed to surpass £50m for the first time over a 12-month period. HMRC’s rules, which took effect from the 2023/24 financial year starting 6 April, seek to simplify tax payments by taxing a business’ […]
Scottish firm Dickson Minto’s revenue is understood to have risen by 20 per cent in its first financial year since the firm effectively split in two, with the bulk of its London office decamping for Milbank. The firm has also converted to LLP status, a particularly significant development in the context of Dickson Minto in […]