Four Top UK Firms See Double Digit Revenue Growth
The financial picture for British law firms for the first six months of the fiscal year shows considerable variation.
Four firms expect double digit growth for the period, while a similar number are reporting an expected decline in revenues, Legal Week reports.
Topping the list is Trowers & Hamlins, which reports a 16 percent revenue increase. The firm has a strong Middle East presence.
Other firms reporting growth are Lovells (expecting at least 10 percent growth), Norton Rose (up 11 percent), and CMS Cameron McKenna (up 10 percent).
Firms reporting declines are Addleshaw Goddard (down 2.8 percent), Eversheds (down 4 percent), Halliwells (down 3.1 percent), Wragge & Co. (down around 6 percent) and Cobbetts (expecting a decline of 5 percent to 10 percent).
