Linklaters announces financial results for the year ended 30 April 2010
05 July 2010
Linklaters today announces its preliminary financial results for the year ended 30 April 2010:
- Revenue decreased by 8.8% year on year to £1.183bn
- Pre-tax profit decreased by 1.2% to £507.2m
- Average profit for all partners, including salaried partners, increased by 1.9% to £1.075m
- Average profit per equity partner fell by 6.8% to £1.214m*
Simon Davies, Linklaters managing partner, commented:
"This is a resilient performance in a challenging environment, made possible by the ongoing support of our clients and the exceptional efforts, teamwork and innovation of our people.
"In the year ahead we will continue to support our clients and build stronger and deeper relationships with them."
For further information please contact:
Sarah Peters on +44 (0)20 7456 2153 or Rupert Winlaw on +44 (0)20 7456 3219