BAKER & MCKENZIE LLP

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +6.8%

  £355,065,000 → £379,118,000

• Cash

  -42.9%

  £7,750,000 → £4,425,000

• Net assets

  +10.5%

  £380,557,000 → £420,386,000

• Employees

  -5.7%

  738 → 696

• Operating profit

  +15.5%

  £143,426,000 → £165,682,000

• Profit before tax

  +15.3%

  £146,029,000 → £168,411,000

• Wages

  +1.6%

  £83,486,000 → £84,856,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Members therefore have a reasonable expectation that the Group and the LLP have adequate resources to continue in operational existence for the foreseeable future, being at least 12 months from the date of approval of these financial statements. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements and are confident the Group & LLP are well-placed to deal with the current market conditions.”

Group structure

1. BAKER & MCKENZIE LLP · parent
   1. Baker & McKenzie Services Limited 100% · UK · Provision of support services
   2. Baker & McKenzie Services II 100% · UK · Provision of support services

Significant events

• “To position the Firm for continued growth and remain agile in a fast-evolving business context, we recently undertook a careful review of our business professionals functions. This review was aimed at rethinking the ways in which we work, including through our use of Al, introducing efficiencies, and investing in those roles that best serve our clients' needs. Following the review, and consistent with many other organizations, we are proposing a series of changes to how we operate and deliver important business services. Subject to consultation processes in applicable jurisdictions, some roles will likely be phased out, while others will evolve. We have not taken decisions around these proposed changes lightly, but felt it was necessary to deliver on our long-term plans. We appreciate the valuable contributions our impacted colleagues have made to the Firm and will be supporting them.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

20

last 12 months

Capital events

0

last 24 months

Officers appointed

17

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.