HERBERT SMITH FREEHILLS KRAMER NEW YORK LLP

• ◆

  21 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. HERBERT SMITH FREEHILLS KRAMER NEW YORK LLP 2025-05-29 → present
2. HERBERT SMITH FREEHILLS NEW YORK LLP 2012-10-01 → 2025-05-29
3. HERBERT SMITH NEW YORK LLP 2012-05-09 → 2012-10-01

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

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 101

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The LLP relies on financial support from Herbert Smith Freehills Kramer LLP (formerly Herbert Smith Freehills LLP), fellow member of the Herbert Smith Freehills Kramer Global LLP (formerly Herbert Smith Freehills Global LLP) group. The designated members have received confirmation from Herbert Smith Freehills Kramer LLP (formerly Herbert Smith Freehills LLP) that it will continue to provide that support to enable the LLP to meet its financial obligations for a period of at least 12 months from the date of approving these financial statements. As set out in note 1 to the financial statements, the designated members are satisfied that Herbert Smith Freehills Kramer LLP has the ability to provide that support taking into account its forecasts and cash flow projections.”

Significant events

• “On 1 June 2025, the Herbert Smith Freehills Kramer Global LLP (formerly known as the Herbert Smith Freehills Global LLP) group combined with Kramer Levin Naftalis & Frankel LLP. As part of this arrangement, the LLP has the expectation that at a future date, the trade, assets and liabilities of this LLP will transfer to a US registered LLP, an entity that became a fellow subsidiary undertaking post year end.”

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

2

last 12 months

Officers resigned

21

last 12 months

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

• Turnover

  +7.4%

  £37,629,355 → £40,406,968

• Cash

  +129.3%

  £1,399,555 → £3,209,044

• Net assets

  -1.4%

  -£4,701,260 → -£4,765,011

• Employees

  +1.2%

  82 → 83

• Operating profit

  +21.8%

  -£4,392,884 → -£3,436,620

• Profit before tax

  -1.4%

  -£4,701,260 → -£4,765,011

• Wages

  +9.5%

  £30,530,764 → £33,425,500

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