Linklaters has pushed Clifford Chance aside as the largest global law firm based on revenues. The firm released its 2008-09 financials on Friday, reporting a slight increase in revenues and a drop in profits per equity partner. Gross revenue for the fiscal year was 1.298 billion pounds ($2.407 billion), a 0.4 percent increase from the 1.293 billion pounds ($2.589 billion) in revenues earned in 2007-08. In dollar terms, Linklaters' revenues actually fell given the weakening British pound.
Linklaters Topples Clifford Chance as World's Largest Law Firm
The American Lawyer
July 8, 2009