Linklaters highest paid director received £3.2m in remuneration in the 2014-15 financial year, the firm's latest set of accounts show.

This marks a 33% jump from the preceding year when the firm's top earner took home £2.4m.

The firm's turnover in the year to 30 April 2015 increased by 1.12%, to £1.26bn, up from £1.25bn, while its pre-tax profit rose 6.33% to £420.12m up from £395.11m.

After tax that left £402.57m for remuneration of members and profit sharing, an increase of 6.8% on the previous years' figure of £376.79m.

Writing in the accounts senior partner Robert Elliott said the firm, which has offices across Europe, Asia, the Middle East and the Americas, was affected by currency fluctuations and its turnover was 5% higher than the preceding year on a constant currency basis.

He said: "Demand was strong across all our practice and sector groups but, in particular, in 2014-15 the firm has benefited from improved volumes in M&A and continued growth in contentious and non-contentious regulatory work, with dispute resolution and arbitration also being particularly active."

The firm's staff numbers stayed broadly stable with 2,387 practising lawyers in 2014-15, compared to 2,325 lawyers the year before. The firm's staff costs rose from £597.2m in 2014 to £617.26m in 2015.

Linklaters average number of partners across the year was 287, compared to 289 in 2013-14.

In July the firm announced that its average profit per equity partner for 2015 was £1.42m, although its highest paid partner in 2015 received £3.2m in profit and remuneration.

According to the accounts, partners receive between seven and ten profit sharing units (parts) on becoming an equity partner. This increases by 1.5 parts per year to a maximum of 25, although this is weighted differently in certain jurisdictions to reflect the reduced rates charged in certain legal markets.

The accounts also said the total profit and remuneration payable to a partner can substantially exceed that of a member on full profit entitlement when compensation for costs such as tax or accommodation,  payable to members on secondment, are taken into account, or because of payments associated with joining or retiring from the firm.