Freshfields: profits and turnover dip
By Paul Hodkinson
July 08, 2004 at 08:03 PM
2 minute read
Freshfields Bruckhaus Deringer has finalised its end of year financials posting a 4% drop in average partner profits and a 2% drop in turnover.
The magic circle firm saw average equity partner profits fall to £675,000 from last year's figure of £700,000 while turnover fell from £800m to £785m.
The figures follow a disappointing set of results for the UK's top firms, with Linklaters and Clifford Chance also reporting drops in partner profits of 8.7% and 12.5% respectively.
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