With revenues up by £100m over last year, law firm Linklaters is set to smash the £1bn barrier and catch Clifford Chance in the race to become Britain’s largest law firm.

Linklaters brought in £100m more than at the equivalent stage last year, with revenue rising 22 per cent to £536m.

Linklaters managing partner Tony Angel told The Lawyer: “This is a global phenomenon across all practice areas. Whether you go to Asia or Europe, if you look at real estate, corporate or finance, we’re as busy as we could be.”

Angel said that he is “cautiously confident” that the same level of growth could be continued for the next six months. He said that despite reports of a slowdown in US consumer spending, the firm would continue with its long-term strategy.
Linklaters brought in £100m more than at the equivalent stage last year, with revenue rising 22 per cent to £536m.

Linklaters managing partner Tony Angel told The Lawyer: “This is a global phenomenon across all practice areas. Whether you go to Asia or Europe, if you look at real estate, corporate or finance, we’re as busy as we could be.”

Angel said that he is “cautiously confident” that the same level of growth could be continued for the next six months. He said that despite reports of a slowdown in US consumer spending, the firm would continue with its long-term strategy.