UK Law Firms Reporting Double Digit Revenue Growth

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Hard on the heels of the Managing Partners' Forum strategy survey results (see slides here) indicating that UK law firms have a more sophisticated approach to strategy than North American firms, comes the news that 18 out of 19 firms in a Legal Week survey achieved double digit revenue growth this past year, with several exceeding 20%.

Nobody would dispute that sound strategy and growth in headline earnings go hand in hand. Here is empirical evidence that (some of) the top UK firms are getting it "very right."

Here are the Top 10, by H1 growth achieved:

Firm H1 Revenue GBP/USD
% increase on H1 2006-07
Herbert Smith
£183m / $381m 26%
Ashurst
£147m / $306m 25%
Bird & Bird
£68.5m / $142.5m 24%
Norton Rose
£127.5m / $265m 23%
SJ Berwin
£99m / $206m 22%
CMS Cameron McKenna £103m / $214m 21%
Nabarro
£65m / $135m
21%
Speechly Bircham
£22.7m / $47.2 20%
Berwin Leighton Paisner £84m / $175m 19.5%
Field Fisher Waterhouse £39.3m / $82m 18.5%

Wow!
Written By:blessy On September 8, 2008 9:43 AM

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