UK Law Firms Struggle to Compete with American Law Firms
Summary: A study from Legal Week shows that American law firms' PEP has grown more than UK law firms' PEP in the…
profit per equity partner
Top Firms in UK Losing Market Share to US Firms
Summary: The expansion of American firms in London has hurt native law firms, research shows. Financial Times reports that elite…
Hammonds Reports PPP Down
London's Hammonds LLP saw profits per equity partner fall to £276,000 ($446,000) for the recently ended fiscal year. The firm…
Freshfields Reports Revenues Up 9%
Freshfields Bruckhaus Deringer LLP LLP has reported a 9% rise in revenue for the last fiscal year. Revenue was £1.29…
Rumor: Shearman & Sterling Laying Off Support Staff
According to rumors on the Tubes (it's not a truck!), Shearman & Sterling is laying off administrative staff today. Lawyers…
Bingham McCutchen’s London Office Sees Increase in Profit
US firm Bingham McCutchen’s London office has seen an increase in profit amidst a slight decrease in turnover. The average…