Clifford Chance’s (CC) recovery picked up pace in 2011-12, holding its position as the UK’s largest law firm in revenue terms. It reached turnover of £1.303bn for 2011-12, and saw profit per equity partner (PEP) rise 7% to £1.078m.

The figures are CC’s highest since 2008 and make the firm the strongest performer this year among London’s big four.