Key facts
- Linklaters achieved record revenue of £2.32bn in FY25, up 11% from FY24.
- Pre-tax profit reached £1.08bn, a 14% increase year-on-year.
- Profit per equity partner rose 15% to £2.2m.
- The firm made 27 lateral partner hires and elected 34 new partners globally.
- Linklaters significantly reduced its lateral partner hires compared to the previous year.
Linklaters has announced record financial results for the fiscal year ending April 30, 2025, with revenue climbing 11% to £2.32bn and pre-tax profit exceeding £1bn for the first time, reaching £1.08bn. Profit per equity partner saw a 15% increase, hitting £2.2m, with the firm attributing strong performance across all core markets, particularly a 57% profit surge in the US.
The firm made 27 lateral partner hires and elected 34 new partners globally. This expansion includes significant additions in the US, such as a litigation team led by Adeel Mangi and a finance team including David Lucking. George Casey was appointed chair of the Americas. In Europe, Linklaters bolstered its restructuring and insolvency practice in Paris with François Kopf and a team from McDermott.
Despite the expansion, the firm has reportedly halved its lateral hires compared to the previous year, signaling a potential shift in recruitment strategy. The firmwide managing partner, Paul Lewis, expressed confidence in the firm's strategy to secure complex cross-border mandates for leading clients.