UK top 50 push total revenues past £20bn as currency gains mask market uncertainty

One third of UK top 50 post double-digit revenue rises as group's total turnover jumps 10%

The UK’s 50 largest law firms saw combined revenue break the £20bn barrier for the first time in 2016-17, with the weak pound helping drive up total fee income across the group by 10%.

Legal Week‘s ranking of the UK’s 50 largest commercial law firms shows turnover across the group hit £20.1bn last year, up from £18.3bn in 2015-16, equating to an average revenue growth of 7.7% across the group.

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