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New research from Legal Week highlights the mountain that U.K. firms need to climb in order to compete for talent in a global marketplace, with partner profits at the top 10 U.S. firms growing by roughly 50 percent more than their equivalent U.K. rivals over the last five years.

Data from Legal Week’s UK Top 50 and The American Lawyer’s Global 100 rankings shows that the 10 largest U.K. firms by revenue have increased profit per equity partner (PPP) by an average of 15.7 percent during the last five years, compared with 24.7 percent across the 10 largest U.S. firms.

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Georgina Stanley

Georgina Stanley is the editor of Legal Week. She joined the magazine in October 2005 and has since written news, analysis and commentary about a range of leading UK and international commercial law firms, as well as trends in the profession. Before joining Legal Week she worked at several business titles, starting her journalism career at Euromoney.

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