Linklaters' leadership team shared £19.6m in profit during the last financial year, the firm's limited liability partnership (LLP) accounts for 2015-16 show.

The total amount shared by the 12 members of the firm's executive committee and the chair of the firm's partnership board – senior partner Charlie Jacobs – is up 4% on 2014-15, when the group shared £18.9m.

Managing partner Gideon Moore chairs the firm's executive committee, which is made up of practice heads and geographic leaders, including corporate head Aedamar Comiskey, dispute resolution head Michael Bennett and Asia managing partner Marc Harvey.

Linklaters has restated its 2014-15 numbers in the accounts in order to comply with the International Financial Reporting Standards adopted by the EU.

The accounts show the firm posted operating profit of £438.2m for the year, a 4.7% increase from the 2014-15 figure of £418.5m. Profit for distribution between members stood at £416.1m, up 4.5% from £398.1m.

The magic circle firm's total revenue for 2015-16 was £1.305bn, a 3.3% increase on the previous year. A geographical breakdown of the accounts shows that the UK accounted for £628.5m, followed by continental Europe on £444.8m, Asia-Pacific on £158.3m, the Americas on £60.2m and the Middle East on £13.5m.

The figures for the Americas, the Middle East and continental Europe were all broadly flat on the previous year, with growth coming from the UK, which saw revenues rise 5.3%, and Asia-Pacific, which was up 6.3%.

The firm had an average of 2,393 practising lawyers in 2015-16 and 4,511 staff in total, a slight increase on 2014-15 when the firm had 2,387 lawyers and 4,482 total staff. As a result, total staff costs increased slightly, up 1% from £617.4m to £624.2m.

City corporate partner Charlie Jacobs was elected as the firm's new senior partner in May this year, succeeding Robert Elliott, while former banking head Gideon Moore took up the managing partner role at the start of the year.