UK Top 50 2016-17: analysis, views from the market and all this year's facts and figures
A round-up of all of this year's UK top 50 coverage
October 09, 2017 at 09:03 AM
2 minute read
The UK's 50 largest law firms saw combined revenue break the £20bn barrier for the first time in 2016-17.
We talked to senior figures in the market to get their personal perspective on the year, including law firm leaders at Linklaters, DLA Piper, Herbert Smith Freehills and Allen & Overy. We also identified the the standout performers over the past five years, and took a closer look at some of the firms struggling to grow partner profits in the same period.
Facts, figures and analysis
- Top 50 push total revenues past £20bn as currency gains mask market uncertainty
- The full top 50 table of results
- The winners and losers over the last five years
- The law firms which now have lower PEP than they did five years ago
- The firms battling to make their mark at the edge of the rankings
Views from the market
- 'It's tough, and getting tougher' – law firm leaders on the state of the market
- A&O's Andrew Ballheimer on why clients are 'crying out' for truly global firms
- Linklaters managing partner Gideon Moore on mergers, clients, Trump and Brexit
- 'We were unlucky, but we learned a lot' – DLA's Simon Levine on that cyber attack
- Eversheds Sutherland's Lee Ranson on long-sought mergers and tech priorities
- Clydes CEO Peter Hasson on global expansion, partner cuts and mergers
- OC's Ray Berg on mid-market mergers, law firm IPOs and adjusting to uncertainty
- Pinsents senior partner Richard Foley on mergers, Brexit and lessons from KWM
- 'The vote killed deals' – HSF's James Palmer on Brexit and a new legal market
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Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
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