Source: LawCareers.com
Magic circle firm Clifford Chance has ruled out a merger after the firm’s revenue exceeded £2 billion for the first time.
Charles Adams, Clifford Chance’s global managing partner, said the firm will instead pursue “a strategy of steady and confident growth”.
Clifford Chance’s revenue came in at £2.06 billion, a 5% increase from last year, with a partner profit of £781 million. The firm’s partner profit is down in comparison to last year, as is the profit per equity partner from £2.04 million to £2 million…
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