Herbert Smith Freehills is the latest U.K.-based law firm to announce little or no growth to its average profit per equity partner, with the figure inching up 1% to £1,173,000 in its latest financial results.

The lack of growth came despite an 8% revenue rise to £1.186 billion in the 12 months to April 2023. Overall profit also inched up by 2%, now standing at £388.2 million.

This content has been archived.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 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]