Though the UK listed law firm's revenue edged up, the firm's leaders said they did not expect to undertake 'any material M&A in the short term' due to economic pressures.
August 25, 2023 at 05:48 AM
2 minute read
Reporter
U.K. listed law firm DWF has seen its profit before tax fall by over 20% in its final full year results before its takeover by private equity firm Inflexion Partners.
The law firm recorded a profit of £17.2 million for the financial year ended 30 April 2023—compared to £22.3 million in the previous year, a drop of 23%.
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