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As the financial reporting season continues in London, three more large city practices — CMS Cameron McKenna, Simmons and Simmons, and Taylor Wessing — have reported healthy growth in revenues and profits for the 2006-07 financial year. However, the three midmarket firms failed to match the pace set by Magic Circle firms Clifford Chance and Freshfields Bruckhaus Deringer, whose exceptionally strong financial results included a 25 percent hike in profits per equity partner (PPP) at each firm.

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