'This has been a strong quarter' - new financial year gets off to good start as top 100 see fee income rise
UK's 100 largest firms bullish about year ahead with average revenue increase of 5% predicted
September 15, 2017 at 04:39 AM
4 minute read
UK Top 50
Credit: DGIM studio/Adobe Stock The UK's 100 largest law firms saw year-on-year fee income rise by 8.5% in the first quarter of the current financial year, according to new research from professional services firm Deloitte.
The accounting giant's latest quarterly legal survey, which covers the three months to 31 July, shows the increase in turnover was primarily driven by growth in fees per fee earner of 7% across the group as a whole.
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