Want to get this daily news briefing by email? Here’s the sign-up. 


SLOWDOWN – Economic uncertainty stemming from Brexit is a big reason that growth at the U.K.’s largest law firms slowed in the 2018-19 fiscal year. Hannah Roberts reports that combined revenues across the U.K.’s top 50 firms grew by 9.6% to about $29.2 billion. The increase is a clear slowdown compared with 2017-18, when the total combined revenue number grew by 15.4%. It is also the lowest rise since 2015-16. The average profit per equity partner for a top 50 firm reached about $906,000, a 4% rise on the previous year, when the figure grew at the same rate.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]