An increase in hourly rates has helped drive fee income at the UK's top 10 firms up 6.3% this quarter compared to the same period last year. A growth in headline rates was the primary driver behind the rise in turnover at the leading firms in Q2, according to Deloitte's latest quarterly survey. By contrast, firms in the 26-50 bracket by revenue achieved growth of 6.7% primarily through increases in headcount.
December 05, 2013 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
An increase in hourly rates has helped drive fee income at the UK’s top 10 firms up 6.3% this quarter compared to the same period last year.
A growth in headline rates was the primary driver behind the rise in turnover at the leading firms in Q2, according to Deloitte’s latest quarterly survey.
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