Eleven-strong club sees 2% overall drop in turnover against magic circle firms’ increase
Firms in the City-based £100m group have fallen further behind the magic circle over the last financial year.
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https://www.law.com/international-edition/2009/07/29/mixed-fortunes-for-100m-plus-city-firms-as-profits-fall-by-23/
Mixed fortunes for £100m-plus City firms as profits fall by 23%
Firms in the City-based £100m group have fallen further behind the magic circle over the last financial year. The 11 firms in the group, which include all of the City top 10 outside the magic circle as well as CMS Cameron McKenna, SJ Berwin, Bird & Bird, Berwin Leighton Paisner (BLP), Denton Wilde Sapte and Nabarro, on average saw turnover drop by 2%, with profits per equity partner (PEP) down by just over 23%.
July 29, 2009 at 06:39 AM
1 minute read
The original version of this story was published on Legalweek
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