US legal elite score double-digit growthUS top 50 report double-digit growth; Germany prepares for US style reform; City firms slash senior promotions; and US giant moves into Italy. Alex Novarese and Antony Collins report
April 27, 2005 at 08:03 PM
1 minute read
The original version of this story was published on Legalweek
The US’ top law firms flexed their financial muscles again with double-digit percentage surges in turnover and profits for 2004 as the rest of the world continues to look on worriedly at the robust growth of the US legal market.
As revealed by the April publication of Legal Week’s US rankings, the top 50 collectively billed $32.9bn (£17.4bn) in 2004, twice as much as the UK top 50.
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