FIELDFISHER LLP

PaymentCheck Score 2025
76Good
1.9vs last year
#2077 in UK
#75 in Professional Services
#888 in London

Company Information

Company Number
OC318472
Employee Count
1,308
Turnover
£311,671,000
EBITDA
£135,205,000

Additional Details

Industries
Professional Services
Region
London

Time to Pay

Average Time to Pay
39 days
Shortest Period:1 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
72%
31-60 Days
8%
After 60 Days
20%
Not Paid Within Terms12%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-10-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202531 Oct 20254172%9%19%8%
01 Oct 2024 - 31 Mar 202508 May 20253576%7%17%15%
01 May 2023 - 31 Oct 202329 Nov 20234373%6%21%9%
01 Nov 2022 - 30 Apr 202330 May 20234870%7%23%16%
01 Nov 2021 - 30 Apr 202231 May 20224469%10%21%19%
01 May 2021 - 31 Oct 202106 Dec 20212576%11%13%0%
01 Oct 2020 - 30 Apr 202128 May 20212971%14%15%47%
01 May 2019 - 31 Oct 201927 Nov 20192180%10%10%53%
01 Nov 2018 - 30 Apr 201906 Jun 20192081%9%9%61%
01 May 2017 - 31 Oct 201706 Dec 20173071%12%17%8%

Payment Time Trends

Payment Distribution Trends

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

The firm recognises two major types of suppliers and each supplier type is subject to specific payment terms. The first are 'Trading' Suppliers. These represent our routine suppliers that provide our day to day operational support. These suppliers set their own payment terms generally ranging from immediate payment to 30 days. Our intention is to pay these suppliers within their payment terms. In the absence of agreed terms, we would generally aim to pay within 30 days of the date of invoice. For the period ended 30 Sep 24, our average time taken to pay 'Trading' Suppliers was 21 days. The second are 'Professional Disbursements'. The nature of our legal work means that we may have to procure professional advice or professional counsel fees in respect of underlying legal matters. In common with most other legal firms, the majority of these suppliers are procured under a 'pay when client pays' arrangement which means that we do not follow the normal supplier payment terms. The payment dates can therefore vary depending on the nature of the underlying legal matter. For these suppliers our average time to pay in the period ended 30 Sep 24 was 94 days.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

30

Dispute Resolution Process

Initial queries should be raised with the Accounts Payable team on 0330 4607000 or by email at OfficeAccountTeam@fieldfisher.com. If your dispute is not resolved to your satisfaction, the matter can be escalated to the Financial Controller or Chief Financial Officer on the same number.

Other Payment Information

Has this business signed up to a code of conduct or standards on payment practices?

For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.

Does this business offer e-invoicing in relation to qualifying contracts?

This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.

Does this business offer supply chain finance?

This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.

Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?

During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?

No information available

Company Summary

FIELDFISHER LLP is a leading international law firm that offers a wide range of legal services to clients around the world. The firm has a strong focus on sustainability and is committed to conducting its business in an ethical and environmentally responsible manner.

Their sustainability program includes initiatives such as reducing their carbon footprint, promoting diversity and inclusion, and supporting pro bono work. They also have a dedicated sustainability team that works to ensure the firm's operations and practices align with their sustainability goals.

In terms of products and services, FIELDFISHER LLP offers a comprehensive range of legal services across various industries, including corporate, banking and finance, intellectual property, and dispute resolution. They also provide specialized services in areas such as technology, life sciences, and energy.

The firm is led by a team of experienced and highly qualified lawyers, including senior partner Michael Chissick and managing partner Michael Frie. They have a team of over 1,300 employees, including over 900 lawyers, who are dedicated to delivering high-quality legal services to their clients.

For more information on FIELDFISHER LLP and their services, you can visit their website at www.fieldfisher.com. Their registered office address is located at Riverbank House, 2 Swan Lane, London, EC4R 3TT, United Kingdom.

Financial Metrics

Cash
£40,769,000
Net Worth
£154,191,000
Total Current Assets
£204,794,000
Total Current Liabilities
£51,186,000