Baker & McKenzie has seen an across-the-board increase in its revenues and profit-per-partner (PPP) figures for the 2011 financial year.

The firm’s global fee income rose to US$2.27 billion in this period, representing an increase of 8 percent. 39 percent came from the firm’s Europe and Middle East practice while 33 percent was contributed by its North and Latin American offices.

The 14 offices that comprise the firm’s Asia Pacific practice collectively achieved double-digit revenue growth on the previous year, with revenues in the region totaling US$633 million.

On the PPP front, the firm also saw impressive growth of seven percent, coming in at US$1.2 million— the firm’s second-best result ever. The last time PPP exceeded US$1.2 million was in the 2008 financial year.

The firm’s growth during the most recent financial year was not limited to revenues: it appointed 21 new partners across the Asia Pacific region, including two lateral partner recruits.

Last month, Magic Circle firms Clifford Chance and Allen & Overy announced their financial results for the financial year ending April 30 2011. Clifford Chance’s revenue increased by 2 percent, coming in at US$1.967 billion while Allen & Overy’s posted a seven percent increase in revenues to register US$1.809 billion.