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Financials round-up: Withers revenue boosted, Trowers grows profits despite fee income drop

Revenue at Withers grew 4.7% in the last financial year, up from £117.8m to £123.3m, while Trowers & Hamlins suffered a drop in turnover for the second straight year.

23 Jul 2014 | 11:48 | secure


inner image The turnaround: Gateley senior partner Michael Ward on how the firm is looking to cash in after the crash

By most reckonings, Gateley is a firm that has performed well in recent years. Under the leadership of senior partner Michael Ward profit per equity partner (PEP) increased nearly 10% to £288,000 in 2013-14.

22 Jul 2014 | 13:32 | secure

inner image RPC blames profit drop on increased investment

RPC has posted a 10% drop in profit per equity partner (PEP) for 2013-14, despite an increase in revenue at the firm.

21 Jul 2014 | 12:50 | secure

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Travers Smith posts 13% revenue hike

Turnover at Travers Smith rose by 13% for the year ended 30 June 2014, taking revenue at the firm towards the £100m mark.

17 Jul 2014 | 12:10 | secure

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Ex-Cobbetts partners to face claims as KPMG appoints PwC for final wind-down

A number of former Cobbetts partners who moved to DWF in last year's pre-pack administration are to face payment claims in the final wind-down of the failed firm, Legal Week has learned.

11 Jul 2014 | 12:25 | secure

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Macfarlanes PEP breaks £1m mark, reaches six-year high

Profit per equity partner (PEP) at Macfarlanes has broken the £1m mark for the first time since 2007-8.

09 Jul 2014 | 12:21 | secure

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Big four chalk up £5bn in revenue as Freshfields and Links wrap up magic circle financial results

With Linklaters and Freshfields Bruckhaus Deringer this week becoming the last of the magic circle to reveal their financial results for 2013-14, it's high time to assess the relative fortunes of the UK's leading firms.

09 Jul 2014 | 11:42 | secure

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PEP at UK arm of CMS jumps 20% on back of 'more aggressive' cost management

Profit per equity partner (PEP) at CMS (UK) jumped more than 20% during the 2013-14 financial year despite a decline in revenue at the firm.

09 Jul 2014 | 11:22 | secure

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Norton Rose Fulbright breaks £1bn revenue barrier in first post-combination results

Norton Rose Fulbright has unveiled global revenue of $1.851bn (£1.1bn) in its first financial results following its transatlantic tie-up.

08 Jul 2014 | 12:27 | secure

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Ashurst reveals 22% PEP boost in first post-merger results

Ashurst's profit per equity partner (PEP) jumped 22% to £801,000 in the 2013-14 financial year with revenue up 6%, in its first end of year results since last year's merger with Australian outfit Blake Dawson.

08 Jul 2014 | 00:00 | secure

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Revenue hikes at Linklaters and Freshfields mark end of magic circle results season

Linklaters and Freshfields Bruckhaus Deringer have posted revenue gains of 5% and 1% respectively for the 2013-14 financial year, completing the results season for magic circle firms.

08 Jul 2014 | 00:00 | secure

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Fieldfisher, Pinsents, Simmons and Mishcons reveal healthy 2013-14 financials

The latest crop of financial results for 2013-14 has shown hikes in revenue and profits per equity partner (PEP), including 4.6% growth in turnover at Pinsent Masons.

07 Jul 2014 | 17:16 | secure

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White & Case loan deal grants Citibank rights to all client fees

White & Case has signed over the rights to all present and future client fees, as part of a refinancing deal with its banks.

07 Jul 2014 | 12:54 | secure

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Olswang sees PEP dip 4% as BLM regains profit growth with double-digit increase

Olswang and pre-merger Berrymans Lace Mawer have each grown their revenues for 2013-14, with profits per equity partner (PEP) at the former expected to dip by nearly 4%.

04 Jul 2014 | 13:12 | secure

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Leading lights – as the market rebounds, the magic circle is front and centre

Market conditions for the UK's big four international law firms haven't looked this good since before the credit crisis.

04 Jul 2014 | 00:02 | secure




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