Linklaters Surpasses £2 Billion Revenue Mark for a Record Year

UK firm Linklaters reports its highest ever revenue and pre-tax profits as the deals market counters inflation, high interest rates and tight credit.

The firm’s revenue hit £2.1 billion ($2.69 billion) in the financial year ended April 30, 10% more than the previous year. It reported increases in pre-tax profits, profit per partners and profit per equity partner. Overall pre-tax profits hit approximately £942 million ($1.2 billion), 10% more than the previous year.

“Since Christmas, when the public markets opened up in a lot of places, we’ve been on a really good run of clients trusting us with the biggest, ...