Business · Companies · 3 hrs ago

Biggest UK law firms take more than half of top 100 revenue

Biggest UK law firms take more than half of top 100 revenue

The biggest UK law firms took in more than half of the top 100’s revenue.

This happened for the first time.

The figures show the largest firms pulling further ahead of smaller rivals in the race for profits.

Revenue is the money a firm brings in, while profit is what remains after costs.

The shift means revenue is increasingly concentrated among the biggest firms.

No next steps were stated.

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