The latest law firm to record its financial performance is Clifford Chance who have a significant lift in US revenues and overall revenue growth of 9 percent to Clifford Chance Partner Compensation Hits £2.11 million As Firm Revenue Grows to £2.4 billion.
The media statement is below –
Clifford Chance reports record financial performance
23 July 2025
Continued investment delivers 18% revenue growth in US
23, July 2025 Clifford Chance has announced record financial performance, for the year ended 30 April 2025, Charles Adams the firm’s global managing partner (pictured) announced.
FY25 Financial highlights:
- Revenue of £2.4 billion up 9%
- Partnership profit of £944 million up 11%
- Profit per equity partner (PEP) up at £2.11 million
- Strong growth in all regions globally with US revenue increasing 18%
- Since 2023, the firm has delivered accelerated revenue growth of £425m and £187m in profit.
Strong performance globally
The firm achieved a strong performance across all regions with Europe (including the UK) and Asia Pacific delivering solid revenue growth of 6% and 5% respectively, and with a notable 36% revenue increase in the Middle East. The US region achieved a second year of significant growth with an 18% jump in revenue.
Charles Adams commented; “All our regions recorded robust growth, most notably the Middle East. Despite more challenging market conditions in the US during the second half of the financial year, we maintained our strong growth trajectory taking our revenue increase in the region to more than 50 per cent in the past two years.”
Excelling for clients across a diversified global platform
The firm’s global practices all experienced strong levels of demand. Heightened client activity in the private markets, including the rapid expansion of private credit, fuelled growth for the firm’s private equity/M&A, financing, and funds & investment management teams, along with associated product lines.
The firm delivered client success across multiple sectors including technology and AI, healthcare and life sciences, energy, infrastructure including data centres, which were all key drivers of growth for the firm’s multi-practice, multi-jurisdictional sector expertise.
For the second consecutive year, Clifford Chance achieved 124 Band 1 rankings, more than any other firm globally, in Chambers Global Guide 2025.
Investing in talent and operations
Investing in top talent remains central to the firm’s growth strategy, with 31 lawyers promoted to the global partnership effective 1 May 2025. In addition, a total of 34 new lateral partners* joined the firm globally.
The firm has continued significant levels of investment in enhancing its technology platform including AI and associated skills, and in its premises, including office moves in New York and Houston.
Notes to editors:
- Revenue and profit growth is reported in constant currency.
- Partnership profit is calculated after remuneration of non-equity partners and excludes the cost of profit-related annuities payable to partners.
- In US Dollars, these figures are equivalent to revenues of US$3,089 million, profit US$1,208 million, PEP US$2.7 million.
- In Euros, these figures are equivalent to revenues of EUR2,871 million, profit EUR1,123 million, PEP EUR2.51million.
- The firm advised on M&A transactions totalling US$232 billion in 2024 and ranked 6th globally in H1 2025. (Source: Mergermarket)
- *Lateral partner growth (total 34 in FY25):
- The firm enhanced its full-service private capital capabilities across key sectors with 12 partner hires in New York, London, Paris, and Singapore.
- 13 new partners joined the firm in New York, Houston, and Washington DC, strengthening global capabilities across healthcare & life sciences, technology, energy, infrastructure; and in core practice areas of M&A, private capital, antitrust, leveraged finance as well as Tax/ERISA, and CFIUS/trade controls.
- Partners in US now total 122.
- Since launching in Houston in 2023 to expand its global Energy & Infrastructure practice, the office has grown to 15 partners and 41 fee earners, advising on energy, infrastructure, environmental transactions, regulatory, tax, private capital, and technology matters.
