Credit: Tobias Arhelger

The magic circle firm reported profit per equity partner of £1.869 million, up by 5.4 per cent, while profit per all partners was £1.784 million, a 4.5 per cent increase.

Paul Lewis, Linklaters’ firmwide managing partner, said: “We are pleased to report a strong set of financial results, largely driven by increased revenues from robust markets and sustained deal activity over the past financial year.

“Our strategy is built on the premise that we will deliver profitable growth by excelling for clients. We are able to achieve this due to the quality, hard work and client-centric approach of our people.

“In a post-pandemic world with growing political and economic uncertainty, our clients require complex legal solutions. The investments we have made over the year have ensured that we are able to provide the right combination of global coverage and high-quality cross practice expertise.

“To excel for our clients we need to be nimble, bold and decisive in our approach, which we will continue to be as we look ahead to the next financial year.”