U.K. Law Firms Feel the Squeeze
On Monday, Linklaters became the latest U.K. firm to announce its revenues for the first half of the current financial year, reporting a slight increase from last year. Linklaters' billings for the period May 1 to Oct. 31 totaled 653 million pounds, or $980 million, a 3 percent increase from last year's 633 million pounds. Compared with other English firms, Linklaters falls into the any-growth-is-good-in-this-market group, but not quite in the double-digit-rise club headed by Allen & Overy and Norton Rose.
