Source: Linklaters
Linklaters has announced a strong financial performance for the year ended 30 April 2023, with record revenue of £1.9 billion driven by continued client demand for complex cross-border legal advice.
Key overview
– Revenue hit a record £1.9 billion, a 6.6% increase on FY2022
– Revenue growth from £1.6 billion to £1.9 billion over two years
– Pre-tax profit, excluding exceptional items, of £854 million, a 2% decrease from £872 million in FY2022 owing to material exceptional costs for Moscow closure in FY2022
– Pre-tax profit, including exceptional items, of £845 million – in line with FY2022
– Profit per Equity Partner of £1.779 million and Profit per all Partners £1.704 million
– £18 million in charitable contributions and 65,000 volunteering hours globally…
Read full article: https://www.linklaters.com/en/about-us/news-and-deals/news/2023/july/record-revenue-for-linklaters-leads-to-strong-financial-performance
