It’s boom time in London, as U.K. firms begin to report provisional revenue figures for the last financial year, which for the majority of firms ended on April 30. Most firms have yet to report profits per partner figures, although early indications suggest that U.K. partners will have no reason to complain.
The biggest increases so far have been reported by City practices Ashurst and SJ Berwin, which have seen jumps in fee revenue of 28 percent and 23 percent respectively. Ashurst’s revenues increased from �214 million ($424 million) to �275 million ($545 million), while SJ Berwin’s grew from �155 million ($307 million) to �185 million ($367 million).
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