Consolidation in the legal market has helped the world's 100 largest law firms to cast aside the ongoing economic downturn to see combined revenues soar to a record high of $81.9bn (£50.7bn) over the last year. The 2012 Global 100 - a joint initiative from The American Lawyer and Legal Week based on the financial results for the 2011 calendar year for US firms and the 2011-12 financial year for UK and international firms - found total revenues grew by 6.8%.
October 18, 2012 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Consolidation in the legal market has helped the world’s 100 largest law firms to cast aside the ongoing economic downturn to see combined revenues soar to a record high of $81.9bn over the last year.
The Global 100 is a joint initiative from The American Lawyer and Legal Week – click here for the full table of this year’s rankings.
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