The Brief:
Clifford Chance posts its best year on record: revenue up 9% to £2.6bn, PEP up 9% to £2.3m.
The firm’s US business has grown 65% in three years, and it isn’t slowing down.
Clifford Chance has posted its best financial year yet.
Revenue hit £2.6bn (A$4.97bn), up 9%. Partnership profit jumped 11% to £1.05bn (A$2.01bn). PEP climbed to £2.3m (A$4.40bn), also up 9%.
The firm has had a consistent growth trajectory. It’s added £638m (A$1.22bn) in revenue and £295m (A$564m) in profit since FY23, with a 65% surge in US revenue over the same period.
These record results reflect the trust that clients place in us for their most critical cross-border matters. In an increasingly complex and fragmented geopolitical environment our connected global expertise combined with sector insights, give our clients a distinct advantage.
Every region pulled its weight on revenue growth:
Europe and the UK up 7%
Middle East up 12%
Asia Pacific up 26%, the standout, riding a capital markets bounce back
Americas up 9%
Adams added, “Over the past three years, we have accelerated the scale, profitability and market recognition of our US platform. We have a strong pipeline of lateral talent and remain highly confident in our growth trajectory.”
Source: Clifford Chance