UK law firms report flat revenues

Financial reports from Linklaters and Freshfields suggest impact from Europe’s economic woes

Things are looking tough for law firms across the pond. As the financial results begin to roll in from U.K. law firms, the figures aren’t as rosy as many will like. And the blame firmly is being cast at the troubled European economy.

Reuters reported last Friday that two of the U.K.’s largest law firms, Linklaters and Freshfields Bruckhaus Deringer, released financial results that indicated plateaued revenues and a decrease in profits per partner for the fiscal year that ended April 30.

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