Hill Dickinson grew revenue by 12% over the last financial year to reach a new high of £82m, while average profits per equity partner (PEP) dropped by 6%.

The firm brought in turnover of £82m during 2008-09, compared with £73m the previous year. The increase went against a 6% dip in PEP to £294,000, down from £312,000 in 2007-08.

Employment saw the largest growth with a 39% increase from last year, while insurance and professional risk grew revenues by 16% and 13% respectively. Commercial property and corporate both saw a reduction in fee income.

The UK top 50 firm's Piraeus and Manchester offices were the strongest performers, with the Greek office experiencing a 25% increase in fee income from £1.9m in 2007-08 to £2.4m in 2008-09. Manchester saw 22% growth to £14.3m for the last financial year, up from £11.7m for the previous year.

Hill Dickinson managing partner Peter Jackson said: "In what has undoubtedly been a year of difficult economic trading conditions for many businesses, we are encouraged by our continued growth across most practice areas, some of which have seen record results."

In March the firm launched a Singapore office, headed by partner Tony Goldsmith, while in May it announced that it was taking over 11-partner London commodities firm Middleton Potts. The deal, effective from this month, gives the combined firms a total London headcount of more than 200 people and expected City turnover of more than £22m.