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LLP Accounts
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LLP round-up: Pinsents spent £20m on merger, while other firms show net debt hikes
By Pui-Guan Man | February 5, 2014
Pinsent Masons' latest limited liability partnership (LLP) filing shows the firm spent £20.6m on its merger with Scottish firm McGrigors in 2012. The transaction incurred costs of £2.5m related "reorganising, restructuring and integrating the acquisition", according to the accounts filed with Companies House.
1 minute read
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DLA Piper accounts show rise in capital contributions as net debt falls
By Anna Reynolds | February 4, 2014
DLA Piper's international partnership saw capital contributions by members more than double to £47.7m in 2012-13, according to its latest limited liability partnership (LLP) accounts. The accounts for DLA Piper International, cover the firm's operations outside the US, and reflect a move to an all-equity partnership from May 2012. They show capital contributions increased to nearly £48m compared with £22.4m the previous year, with the rise coming as equity partner numbers outside the US grew from 246 to 733 over the same period as a result of the all-equity move. The filings show the firm still had an average of 19 non-equity members working across the international business during 2013.
1 minute read
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Legacy SJB LLPs show pay for top earner dropped by 10% for 2012-13
By Pui-Guan Man | February 3, 2014
Legacy SJ Berwin's highest paid member took home £834,000 during 2012-13, according to the firm's latest limited liability partnership (LLP) filing.
1 minute read
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Taylor Wessing posts 2012/13 fee income hike but profits hit as costs rise
By Pui-Guan Man | January 30, 2014
Fee income at Taylor Wessing grew to £101.7m for the 2012-13 financial year, according to the firm's latest limited liability partnership (LLP) accounts. The accounts, filed with Companies House, show that fee income rose 4.4% against the previous year's equivalent, when the firm brought in £97.4m.
1 minute read
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Reduced costs help Hogan Lovells boost operating profit
By Gavriel Hollander | January 30, 2014
Hogan Lovells has posted a 5.3% rise in operating profit for 2012-13 for its non-US business, despite a drop in revenue over the year.
1 minute read
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Bird & Bird LLPs show 20% rise in net debt for 2012-13
By Pui-Guan Man | January 28, 2014
Bird & Bird's net debt grew 20% during the 2012-13 financial year, according to the firm's latest limited liability partnership (LLP) accounts.
1 minute read
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Eversheds LLPs reveal restructuring costs of £4.8m during 2012-13
By Pui-Guan Man | January 27, 2014
Eversheds has spent £4.8m on restructuring costs during 2012-13 after a strategic review that led to 116 job cuts last year.
1 minute read
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Herbies ups bank borrowing as first post-merger LLPs show small revenue drop
By Pui-Guan Man | January 24, 2014
Herbert Smith Freehills'(HSF's) bank borrowings grew by 38% for 2012-13, as the firm's UK fee income dipped by 1.6%.
1 minute read
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LLP round-up: Clydes boosts profit while rivals increase borrowing
By Gavriel Hollander | January 23, 2014
Clyde & Co partners enjoyed a bumper year in 2012/13 thanks to a 22.7% profit hike, according to LLP accounts filed with Companies House.
1 minute read
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Camerons LLP accounts reveal profit and revenue falls
By Pui-Guan Man | January 15, 2014
CMS Cameron McKenna has posted a revenue dip of 6.6% for the 2012-13 financial year, alongside a 12.5% drop in profit. The firm's limited liability partnership (LLP) accounts, filed with Companies House, show that turnover fell from £227.6m in 2011-12 to £212.6m.
1 minute read
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