Clifford Chance reports record financial results for FY2025
Clifford Chance has reported record financial results for its fiscal year ending 2025, with revenue reaching £2.4 billion (€2.77 billion), a 9% increase over the previous year. The firm’s partnership profit rose 11% to £944 million, while profit per equity partner (PEP) climbed to £2.11 million.
“These results reflect the strength and balance of our global platform, the diversity of our client base, and the excellence of our people in advising on complex matters,” said Global Managing Partner Charles Adams. “Despite macroeconomic challenges, every region and practice area contributed to our strong performance, enabling continued investment in talent and resources.”
The firm’s US operations led the way for the second consecutive year with an 18% revenue increase, marking a 50% rise since 2023. The Middle East posted the strongest regional growth at 36%, followed by Europe (including the UK) at 6% and Asia-Pacific at 5%, underscoring the firm’s geographic diversification.
The firm saw high demand across all global practice areas, particularly in private markets. Growth was driven by activity in private equity/M&A, private credit, funds, and investment management. In 2024 alone, the firm advised on M&A transactions totaling $232 billion, ranking sixth globally according to Mergermarket.
Key sectors fueling growth included technology and AI, healthcare and life sciences, energy, and infrastructure—especially data centers—supported by the firm’s multi-jurisdictional, multi-practice approach.
Clifford Chance continued to prioritize talent and technology investment, promoting 31 new partners and hiring 34 laterals across strategic areas such as private capital, competition, leveraged finance, and regulation. In the US, 13 new partners joined the firm, strengthening the Houston office, which has grown to 15 partners and 41 professionals since its 2023 launch.
The firm also reaffirmed its commitment to innovation with significant investment in AI-driven tools and the relocation of its New York and Houston offices to new, state-of-the-art spaces.
