Source: Legal Business
Bird & Bird has posted a strong set of financial results showing growth in revenue, profit, and PEP. Turnover went up by 10% to hit £495m. This is in line with last year’s growth, though currency fluctuations mean the increase is less impressive in euros: up 9% to hit €573m, compared to euro growth of 15% last year.
Net profit increased by 8% when measured in sterling and 7% in euros, to £108.4m/€125.4m. PEP, too, ticked up slightly, increasing by 2% in sterling to £669,000 (1% in euros, to €774,000).
The firm made 19 lateral hires and 29 internal partner promotions in the last year – the firm’s largest ever promotions round…
Read full article: https://www.legalbusiness.co.uk/blogs/good-growth-in-a-challenging-market-bird-bird-notches-31st-consecutive-year-of-growth-as-turnover-hits-495m/
