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Freshfields partner profit nears £2.1m as Magic Circle struggles with slowing deal market

Elite law firms' profits stagnate as inflation and M&A slump take their toll

Freshfields' senior partner Georgia Dawson said US expansion was at the heart of the firm's strategy
Freshfields' senior partner Georgia Dawson said US expansion was at the heart of the firm's strategy

Freshfields Bruckhaus Deringer has posted a 1% uptick in average profit per equity partner, reaching nearly £2.1m amid a tough market for top law firms.

Freshfields is the last so-called Magic Circle law firm to report its results this year, in a mixed showing for the UK legal elite.

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