Shearman & Sterling and K&L Gates have both posted increased global revenues, becoming the latest US-headquartered law firms to report strong financial performance in 2013. In London, Shearman saw a 20% revenue increase to $134.8m (£80.9m), the office's fourth straight year of revenue growth against a lawyer headcount rise of 7%. The results mean that since 2009, City revenue has increased 36%. The revenue jump means accounts fo
February 21, 2014 at 09:50 AM
1 minute read
The original version of this story was published on Legalweek
Shearman & Sterling and K&L Gates have both posted increased global revenues, becoming the latest US-headquartered law firms to report strong financial performance in 2013.
In London, Shearman saw a 20% revenue increase to $134.8m (£80.9m), the office’s fourth straight year of revenue growth against a lawyer headcount rise of 7%. The results mean that since 2009, City revenue has increased 36%.
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