The UK's largest 100 law firms have seen average year-on-year fee income growth of 3.5% during the third quarter of 2012-13, with mid-tier firms in particular continuing to struggle to grow revenues. Figures from Deloitte's quarterly law firm survey show that revenue across the top 100 rose year on year by 3.5% in the three months to 31 January. This comes after the equivalent Q2 figure of 3.4% marked the slowest rate of growth for seven quarters. Drivers for the modest upturn included a 1.8% rise in fee earner headcount and a 1.9% increase in average fees per fee earner.
Firms scale back hopes for growth as top 100 Q3 results disappoint The UK's largest 100 law firms have seen average year-on-year fee income growth of 3.5% during the third quarter of 2012-13, with mid-tier...
Legal advice will be in high demand as fear grips the City; but law firms will not be immune to the impact of Brexit
The pro-Remain lawyer on the bumpy road ahead for law firms in a nation outside of the EU
UK firms have spread to have offices across Europe in recent decades but that could all be set to change
Chief executive of UK’s biggest firm, Simon Levine, has called for calm in the legal market following the victory for Vote Leave
Law firms set out the key legal consequences of the UK's vote to leave the EU