UK law leaders see profits revival as revenues slide across the top 50
The UK's top law firms have managed a major rebound in profitability this year despite the aftermath of the global recession handing the group its first collective fall in revenues in recent memory. Legal Week's 2009-10 results, the first comprehensive picture of the performance of the UK's top 50 law firms, shows revenues across the group fell by £461m, from £12.33bn in 2009 to £11.87bn.
UK top 50 results 2010: tough costs drive kicks profits back into life but revenues slide £461m to £11.9bn
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