Lawyers Weekly - legal news for Australian lawyers

profits

AF Legal Group ‘in the early stages of a significant turnaround’
Listed national firm AF Legal Group (ASX: AFL) is optimistic about its prospects, having delivered revenue growth of 15...
05 September 2024
By Jerome Doraisamy
ATO to appeal PepsiCo decision to High Court
The Australian Taxation Office has sought special leave to appeal the recent PepsiCo decision in the High Court of...
12 August 2024
By Jerome Doraisamy
Partner profits to face ATO crackdown
Tougher guidelines from the ATO on income splitting apply to all arrangements starting this month, marking the end of a...
29 July 2024
By Jerome Doraisamy
‘Lawyers are becoming more expensive and less productive’
New research shows that Australian law firms are weathering softening demand and rising expenses well, but declining...
07 September 2023
By Jerome Doraisamy
The Boutique Lawyer Show: Maximising profits in the new financial year
In this episode of The Boutique Lawyer Show, host Jerome Doraisamy interviews Rex Afrasiabi, the principal of MA Legal...
18 July 2023
By Robyn Tongol
Ashurst records revenue of £879m for FY23
International law firm Ashurst has seen its annual revenue increase by 10 per cent since the last financial year, with...
13 July 2023
By Jerome Doraisamy
Practice management musings and High Court rulings: What’s hot in law this week (10-14 Apr)
Headline hurdles for the daily operations of law firms have been at the forefront this past week, while the nation’s...
15 April 2023
By Jerome Doraisamy
Prioritise purpose over profit, says BigLaw managing partner
Hamilton Locke managing partner Nick Humphrey is uninterested in what he calls the “very short-term perspective” of...
11 April 2023
By Jerome Doraisamy
Shine Lawyers’ holding company reports 22% net profit increase
The holding company of Shine Lawyers has published its financial results for the last financial year, showing a...
26 August 2022
By Jerome Doraisamy
Australia leads HFW’s FY22 results with 8% growth
Global law firm HFW is on a “strong growth trajectory” in Australia, with revenue generated here strongly...
16 August 2022
By Jerome Doraisamy
Australia now Clyde & Co’s 3rd largest country by fees generated
Global law firm Clyde & Co has published its latest financial results, which show that its four Australian offices...
12 August 2022
By Jerome Doraisamy
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Clifford Chance equity partner profits up 10%, exceed £2m
Global law firm Clifford Chance has released its financial year 2022 results, with the profit generated per equity...
20 July 2022
By Jerome Doraisamy
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Pinsent Masons reports PEP increase of 16% in FY22
Multinational legal services business Pinsent Masons saw its revenue increase to just under $1 billion in the last...
08 July 2022
By Jerome Doraisamy
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Achieving 100% profitability within 3 months
For many small law firms, every dollar counts. As such, if you’re not seeing profit on a marketing campaign within a...
02 June 2022
By Jerome Doraisamy
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Slaters’ half-year profits soar to $23m
Slater & Gordon has increased its half-yearly profits by 21 per cent as it accelerates its expansion into the...
13 February 2014
By Priya Murthy
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HRLC launches new not-for-profits compliance guide
The Human Rights Law Centre has launched a new guide to help not-for-profits comply with electoral laws, which the...
03 November 2021
By Lauren Croft
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Law firm profitability and the pricing myth
If you are considering lowering prices to remain competitive in your legal services market, there are numerous...
26 October 2021
By Jerome Doraisamy
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Bakers posts annual revenue of $4.26bn
Global law firm Baker McKenzie has its revenue for the fiscal year ending 30 June 2021, with the firm having surpassed...
06 October 2021
By Jerome Doraisamy
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#auslaw seeing ‘record highs’ in profit margins
In the past year, the average profit as a per cent of revenue for Australian law firms rose significantly, which –...
30 August 2021
By Jerome Doraisamy
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Pricing tips to maintain law firm profits in 2021 and beyond
Law firm leaders need to revisit the familiar trio of People, Process and Technology to future-proof...
20 August 2021
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