Magic circle firm Allen & Overy has reported increased revenue and pre-tax profits in the financial year ending in April, ahead of its $3.5 billion merger with US firm Shearman & Sterling in May.
Global law firm Kennedys has reported a significant rise in profit for the year ending 30 April 2025. Newly filed accounts at Companies House show the firm recorded a 20% increase in pre-tax profits, reaching £128.6 million before members’ remuneration and profit shares.