Watson Farley posts double-digit revenue growth at half-year mark
Watson Farley & Williams has grown its revenue by 12% to £52m in the first half of 2013-14. The result marks a positive start to the year for the firm. At the end of the 2012-13 financial year Watson Farley's turnover passed £100m for the first time when it rose by 2.2% to reach £102.1m, but profits per equity partner dipped by 13% to £388,000.
November 26, 2013 at 06:34 AM
2 minute read
Watson Farley & Williams has grown its revenue by 12% to £52m in the first half of 2013-14.
The H1 result marks a positive start to the year for the firm. At the end of 2012-13 Watson Farley's turnover passed £100m for the first time when it rose by 2.2% to reach £102.1m, but profits per equity partner dipped by 13% to £388,000.
Managing partner Michael Greville (pictured) said: "This is extremely encouraging. [While] it is difficult to predict what the second half of the year will bring, the first half has shown increased levels of activity and we have a strong pipeline of work in our core sectors and across our offices, which bodes well for the rest of the year."
The firm, which currently houses 415 lawyers and more than 700 staff, has particular focus on finance, maritime, energy, natural resources, transport, real estate and ICT work.
The firm currently has 13 offices spanning London, New York, Paris, Hamburg, Munich, Frankfurt, Rome, Milan, Madrid, Athens, Singapore, Bangkok, and Hong Kong.
Last month it emerged that the firm has been taking advice on legal and regulatory matters related to a potential launch in Dubai.
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