JD Journal » lawyers salary cuts http://www.jdjournal.com Legal Industry News Wed, 08 Feb 2012 01:14:49 +0000 en hourly 1 http://wordpress.org/?v=3.3 Linklaters Profit Up to $2.13 Billion http://www.jdjournal.com/2009/07/03/linklaters-profit-up-to-213-billion/ http://www.jdjournal.com/2009/07/03/linklaters-profit-up-to-213-billion/#comments Fri, 03 Jul 2009 23:17:49 +0000 Erik Even http://www.jdjournal.com/?p=14583 Linklaters, which announced in April salary cuts for starting lawyers and reduced salary increases, is now the UK’s largest firm by revenue, reporting income of £1.3 billion ($2.13 billion).

But profit per equity partner fell 9.6% to £1.3 million ($2.12 million).

Europe and the Middle East produced 83% of Linklaters’ revenue; Asia produced 11%; and the Americas generated 6%.

Founded in 1838 as Dods & Linklater, Linklaters has around 540 partners and 2,400 qualified lawyers, more than 60% of whom are based outside the UK.

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