International law firm Simmons & Simmons has announced its financial results for the year ending 30 April 2026.
After several years of year-on-year growth, the latest set of results continue to show strong growth in revenue, profit and PEP. Headline figures include:
Revenue of £690m, up by over 12% on the previous year.
Profit of £245m, an increase of 14% on last year and a 43% increase over the last five years.
Profit per equity partner (PEP) of £1.25m, up by 11% on the previous financial year.
The firm’s growth over the last year was driven by strategies and initiatives including:
The firm’s sector strategy: Simmons & Simmons' sector strategy – concentrating its offering across five core sectors internationally – drove strong growth, with particularly strong momentum in asset management and investment funds (AMIF) up in revenue by 12%, and technology, media and telecoms (TMT) up by 13%. Sector-focused work has been further consolidated and now accounts for 93% of total firm revenue.
AI and digital transformation: Embedding AI across the firm has continued to improve legal service delivery and client outcomes. The firm has recently selected Legora as a new platform within its growing AI toolkit – a move that will further strengthen AI fluency and the culture of innovation at Simmons & Simmons, operating in tandem with its existing, powerful generative AI tools, such as Percy and Copilot. The firm also operates a suite of autonomous agents, with many directly supporting clients, for example, the firm’s NDA agent, in partnership with Flank.
Global partnership investment: Continued investment also drove partnership growth through lateral hires and internal promotions. The firm hired 37 lateral partners over the last financial year, across 14 offices and multiple sectors; it also promoted nine people to partner across seven offices. Women made up 56% of those promoted, meaning the firm has already met its 2026 target for women to represent 50% of partner promotions.
Global Managing Partner Emily Monastiriotis said:
“Over the past year our expanding international platform and highly specialised sector focus has continued to be a real source of strength, contributing strongly to our overall performance. The results also reflect a year of major investment – in our partnership, new offices, and our AI capabilities.
Our newly launched five-year Business Plan sets out a clear ambition to become a leading AI‑enabled law firm and to strengthen our position as strategic advisers in our five chosen sectors.
The continued growth that we’ve achieved, and our future ambitions, would not be possible without our people and the collaborative culture that underpins the firm. The way our teams work seamlessly across offices, practices and sectors will remain critical to the value we deliver for clients.”
