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Linklaters has become the latest U.K.-based firm to unveil massive increases in fee revenue and profits per partner, as London continues to underline its strength as an international finance center.

The Magic Circle practice saw revenue increase by 19.9 percent to �1.121 billion ($2.2 billion) while profit per partner grew by 21.8 percent, up from �1.062 million last year to �1.294 million ($2.56 million).

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