NORTON ROSE FULBRIGHT LLP
Company Information
- Company Number
- OC328697
- Registered Address
- 3 More London Riverside, London, SE1 2AQ
- Status
- Active
- Employee Count
- 2,351
- Turnover
- £610,312,000
- EBITDA
- £205,848,000
Additional Details
- Website
- https://lma.eu.com/
- Company Type
- Limited liability partnership
- Incorporated On
- 30 May 2007
- Industries
- Professional Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 32 | 77% | 14% | 9% | 28% |
| 01 May 2023 - 31 Dec 2023 | 31 Jan 2024 | 31 | 70% | 19% | 11% | 30% |
| 01 Nov 2022 - 30 Apr 2023 | 24 May 2023 | 46 | 69% | 10% | 21% | 4% |
| 01 Nov 2021 - 30 Apr 2022 | 31 May 2022 | 27 | 84% | 11% | 5% | 7% |
| 01 May 2021 - 31 Oct 2021 | 02 Dec 2021 | 29 | 68% | 27% | 5% | 10% |
| 01 Nov 2020 - 30 Apr 2021 | 28 May 2021 | 26 | 74% | 21% | 5% | 7% |
| 01 May 2020 - 31 Oct 2020 | 14 Dec 2020 | 29 | 65% | 30% | 5% | 15% |
| 01 May 2019 - 31 Oct 2019 | 27 Nov 2019 | 21 | 84% | 8% | 8% | 3% |
| 01 Nov 2018 - 30 Apr 2019 | 31 May 2019 | 20 | 85% | 9% | 6% | 4% |
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
Standard terms are 30 days unless any differing payment terms are agreed in writing between the vendor and Norton Rose Fulbright LLP. Standard payment terms dictate that all goods and services will only be paid after any issues or queries have been resolved to the vendor and Norton Rose Fulbright LLP’s mutual agreement. All approved and due invoices are paid on a weekly cycle by BACS or other form of bank transfer. Payment of 3rd party Counsel and other professional fees that are incurred as part of the services provided by Norton Rose Fulbright LLP’s to clients fall outside of the standard payment terms, and are settled on a "pay when paid" basis in accordance with the UK SRA Accounts Rules. These “paid when paid” invoices are paid within reasonable time frames (10 working days) of Norton Rose Fulbright LLP’s invoices to the client being paid..
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
90
Dispute Resolution Process
Our Legal services team would handle all terms agreements, and disputes.
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.
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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.
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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.
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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
Norton Rose Fulbright LLP is a global law firm with a strong commitment to sustainability. Their mission is to provide innovative legal solutions to clients while also promoting sustainable business practices.
The firm offers a wide range of legal services in various areas such as corporate, finance, energy, technology, and dispute resolution. They have a dedicated sustainability team that advises clients on environmental, social, and governance (ESG) issues, helping them to navigate the complex landscape of sustainable business.
Norton Rose Fulbright LLP has a comprehensive sustainability program that focuses on reducing their environmental impact, promoting diversity and inclusion, and giving back to the community. They have set ambitious targets to reduce their carbon footprint and have implemented various initiatives such as paperless offices and energy-efficient practices.
The firm also offers sustainable products and services to their clients, including green financing, renewable energy projects, and sustainable investments. They have been recognized for their commitment to sustainability, receiving awards such as the Queen's Award for Enterprise in Sustainable Development.
Some key people at Norton Rose Fulbright LLP include the Global Chief Executive Officer, Peter Martyr, and the Global Head of Sustainability and Climate Change, Martin McCann. The firm has offices in over 50 cities worldwide and can be contacted through their website, www.nortonrosefulbright.com.
The registered office address for Norton Rose Fulbright LLP is 3 More London Riverside, London, SE1 2AQ, United Kingdom. With their strong focus on sustainability, Norton Rose Fulbright LLP continues to be a leader in the legal industry, providing top-notch legal services while also making a positive impact on the environment and society.
