Business of Law
Clifford Chance Edges Out Linklaters as UK's Top-Paid Firm, Earning $1.8B in FY 2009
Megafirm Clifford Chance edged out Linklaters as the United Kingdom’s top-grossing law firm in 2009, reporting about $1.8 billion in revenue for the fiscal year that ended April 30, 2010. That represented a 5 percent decline from the previous year.
Linklaters, which was No. 1 the prior year, racked up $1.786 billion after an 8.8 percent revenue decline, followed by Freshfields Bruckhaus Deringer, down 11 percent to $1.725 billion, and Allen & Overy, down 4 percent to $1.6 billion, Bloomberg recounts.
All four are part of the so-called magic circle of elite London-based law firms.
