Linklaters revenue up to £1.8bn while profits reach £872m

Linklaters revenue up to £1.8bn while profits reach £872m

Credit: Tobias Arhelger

Linklaters has reported a 6.5 per cent increase in revenue to £1.78 billion, while pre-tax profits are up by 6.9 per cent to £871.7 million.

The firm — which is part of London’s magic circle and last year established a small office in Dublin — reported profit per equity partner of £1.869 million, up by 5.4 per cent, while profit per all partners was £1.784 million, a 4.5 per cent increase.

Paul Lewis, Linklaters’ firmwide managing partner, said: “We are pleased to report a strong set of financial results, largely driven by increased revenues from robust markets and sustained deal activity over the past financial year.

“Our strategy is built on the premise that we will deliver profitable growth by excelling for clients. We are able to achieve this due to the quality, hard work and client-centric approach of our people.

“In a post-pandemic world with growing political and economic uncertainty, our clients require complex legal solutions. The investments we have made over the year have ensured that we are able to provide the right combination of global coverage and high-quality cross practice expertise.

“To excel for our clients we need to be nimble, bold and decisive in our approach, which we will continue to be as we look ahead to the next financial year.”

Linklaters describes its Dublin office, led by London-based partners Nicole Kar and Richard Cumbley, as “an extension of the EU law advice we already provide from both our London office and our many regional offices in Europe”. It does not advise on domestic Irish law.

London-based Irish lawyer Aedamar Comiskey, who was born in Monaghan and studied law at University College Dublin (UCD), was last year elected as Linklaters’ senior partner and chair, becoming the first woman to hold the role in the firm’s 183-year history.

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