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UK Law Firms Top in Europe for Profitability

UK Law Firms Top in Europe for Profitability but Hampered by Higher Overheads and Cost of Work in Progress.

New Providence, NJ - November 10, 2004 - UK law firms are the most profitable in Europe, according to new research by LexisNexis® Martindale-Hubbell® and European Lawyer magazine.

The new research entitled "The Financial Benchmarking Study of Leading Law Firms in Europe", was carried out by accountants BDO Stoy Hayward and questioned law firms across Europe on numerous aspects of their financial performance from partner leverage to annual IT spend.

Last updated - 23 April 09

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