Insights

News + commentary + research + advice + blogging
from the legal recruitment experts.

You are here:

  • / Home
  • / Insights
  • / Top 5 UK law firms worth £29bn
  • Top 5 UK law firms worth £29bn

    Posted on 24th August 2016 in News

    Shares in Top 50 UK commercial law firm Gateley are trading at an all-time high. The top 50 law firm recently posted pre-tax profits of £11m and is now valued at £125.5m compared to £100m in June 2015 when it floated. 

    Based on that calculation, 4 of the top 5 UK law firms by revenue would sit comfortably in the FTSE 100.

    DLA Piper announced profits of £404m at the beginning of the year and would be worth £4.4bn.  Clifford Chance recently posted pre-tax profits of £494m which would give them a value nearly £5.4bn. Allen and Overy logged a £562m profit which could see them priced at £6.1bn. Linklaters recorded a £612m profit before tax which would bring them in close to £6.6bn too. Freshfields racked up £617m which means they would weigh in at £6.7bn.

    The FTSE 100 is an index of the 100 stock exchange listed companies with the highest market capitalisation. Recently Royal Dutch Shell that heads the list was valued at £156bn. Companies at the lower are valued around the £4.3bn figure. A FTSE 100 listing can see transactional volumes increase and valuations rise as institutional investors and pension fund managers acquire shares in these businesses as part of a wider investment strategy.   

    Tagged:

    Gateley, FTSE 100, Top 5 UK law firms,

    More News:

    Top 5 law firms surge in…

          You would be sitting on a tidy profit if you had bought shares in…

    Posted: 28th July 2017

    Read more

    In House legal benefits packages top…

    In House lawyers are enjoying the most comprehensive benefits packages in the legal profession and are rated…

    Posted: 20th July 2017

    Read more

    Work life balance remains the main…

    Although 7 in 10 lawyers aspire to partnership or a leadership role within their firm 43%…

    Posted: 30th June 2017

    Read more