FRESHFIELDS BRUCKHAUS DERINGER LLP
Company Information
- Company Number
- OC334789
- Employee Count
- 5,038
- Turnover
- £1,792,800,000
- EBITDA
- £725,400,000
Additional Details
- Website
- https://icmsa.org/
- 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 Nov 2024 - 30 Apr 2025 | 02 Jun 2025 | 64 | 37% | 41% | 22% | 67% |
| 01 Nov 2023 - 30 Apr 2024 | 05 Jun 2024 | 45 | 44% | 40% | 16% | 66% |
| 01 May 2023 - 31 Oct 2023 | 27 Nov 2023 | 46 | 25% | 56% | 19% | 92% |
| 01 Nov 2022 - 30 Apr 2023 | 26 May 2023 | 40 | 45% | 43% | 12% | 53% |
| 01 Nov 2021 - 30 Apr 2022 | 30 May 2022 | 32 | 82% | 13% | 6% | 18% |
| 01 May 2021 - 31 Oct 2021 | 30 Nov 2021 | 40 | 42% | 42% | 15% | 60% |
| 01 Nov 2020 - 30 Apr 2021 | 02 Aug 2021 | 30 | 79% | 13% | 7% | 18% |
| 01 May 2019 - 31 Oct 2019 | 27 Nov 2019 | 62 | 38% | 20% | 42% | 73% |
| 01 Nov 2018 - 30 Apr 2019 | 03 Jun 2019 | 55 | 45% | 12% | 43% | 7% |
| 01 May 2017 - 31 Oct 2017 | 01 Dec 2017 | 62 | 47% | 14% | 39% | 16% |
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 supplier payment period is 45 days
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
Payment processing is dealt with by the Accounts Payable function and any supplier payment queries that may arise are actioned by that team. In the event they are unable to resolve the matter, the query will be discussed between the supplier and/or procurement and/or relevant functional manager to ensure satisfactory resolution for both the supplier and the firm.
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
FRESHFIELDS BRUCKHAUS DERINGER LLP is a global law firm that provides a wide range of legal services to clients around the world. They have a strong commitment to sustainability and have implemented various initiatives to reduce their environmental impact.
Their sustainability program focuses on reducing their carbon footprint, promoting diversity and inclusion, and supporting their local communities. They have set ambitious targets to reduce their carbon emissions and have implemented energy-efficient practices in their offices. The firm also encourages recycling and the use of sustainable materials in their operations.
In terms of products and services, FRESHFIELDS BRUCKHAUS DERINGER LLP offers legal advice and representation in various areas such as corporate law, finance, litigation, and intellectual property. They have a team of highly qualified lawyers who provide innovative and practical solutions to their clients' legal challenges.
Some key people at FRESHFIELDS BRUCKHAUS DERINGER LLP include the firm's global managing partner Stephan Eilers, who is responsible for the overall strategy and management of the firm, and their sustainability partner Natasha Good, who leads the firm's sustainability initiatives.
The firm's website address is www.freshfields.com, where clients can find information about their services, expertise, and global locations. Their registered office address is 65 Fleet Street, London EC4Y 1HS, United Kingdom.
In summary, FRESHFIELDS BRUCKHAUS DERINGER LLP is a leading global law firm with a strong commitment to sustainability. They offer a wide range of legal services and have implemented various initiatives to reduce their environmental impact. Their key people and contact information can be found on their website.