• Clifford Chance announced its provisional results for the year ended 30 April 2010.
  
  Revenues amounted to £1,197 million, down 5% on the previous financial year (2009: £1,262 million)

• Profit per equity partner was £933,000, up 25% on the previous financial year (2009: £747,000)

• In US Dollars, at the average exchange rate, revenues were $1,915 million and profit per equity partner was $1,493,000 (2009: revenues $2,120 million and profit per equity partner $1,255,000)

• In Euro, at the average exchange rate, revenues were €1,353 million and profit per equity partner was €1,054,000 (2009: revenues €1,502 million and profit per equity partner €889,000)

Audited figures will be published in September
Managing Partner, David Childs commented: "Given the challenging market conditions, this is a strong set of results with our profitability much improved and back on track.
Revenue was supported by some excellent, high-profile, cross-border client mandates over the year. And with the phenomenal growth in Asia and other developing economies, the spread of our geographic footprint has greatly assisted our Firm. While Western Europe and the US remain an important focus for activity, I expect us to put significant emphasis in the coming years on deepening our offering in those markets with the strongest growth potential, including the BRIC countries and other emerging economies particularly in Asia and Latin America.
While I don't underestimate the challenging nature of the markets, especially in the West, with the depth of talent we have across the Firm and our ambitious plans for the future, I am confident that Clifford Chance will go from strength to strength."