The UK's top 100 law firms have seen a year-on-year increase in both fee income and chargeable hours for Q1 2010-11 as the market continues to show signs of recovery. New figures compiled by Deloitte show that fee income rose by 5% for the first quarter of the financial year, while chargeable hours per fee earner grew by 4.4%. Firms ranked in the 11-25 bracket saw the highest growth rates, with average fee income rising by 5.4% and chargeable hours growing 6.5%.
September 22, 2010 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
The UK’s top 100 law firms have seen a year-on-year increase in both fee income and chargeable hours for Q1 2010-11 as the market continues to show signs of recovery.
New figures compiled by Deloitte show that fee income rose by 5% for the first quarter of the financial year, while chargeable hours per fee earner grew by 4.4%.
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