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Legal sector hits record revenues despite UK economic slowdown
Posted on 12 December 2025

The UK legal services sector posted its highest-ever monthly revenue in October, reaching £5.26 billion, according to the latest Office for National Statistics data released today. This marks an 8% increase on September and a 3.5% rise compared to October 2024, despite a wider economic slowdown.

Osborne Clarke celebrates strong financial year with UK employee bonuses
Posted on 09 July 2024

To reward high performers, Osborne Clarke LLP has handed a 5% bonus to its UK employees following a significant increase in revenue and profits. The law firm plans additional rewards later this year.

Herbert Smith Freehills and Kramer Levin merge to form top 20 global law firm by revenue
Posted on 03 June 2025

Herbert Smith Freehills LLP and New York-based firm Kramer Levin have officially completed their transatlantic merger, forming a new global legal powerhouse with more than 2,700 lawyers across 26 offices worldwide.