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Firm revenue and PEP increase in 2019/20 financial year

Posted on 12 August 2020

Mishcon de Reya has announced revenue of £188.3m for the last financial year – an increase of 6% from 2018/19. Profit per Senior Equity Partner (PEP) has also increased by 5% to £1,050m.

Managing Partner James Libson commented:

"It is heartening to see continued growth at the firm, which is underpinned by a strong performance across our entire offering - especially our Dispute Resolution and Private teams, as well as an increasing number of institutional clients using our services. The resilience of our transactional business – even as COVID bit – is a testament to the quality of our real Estate and Corporate offerings while continuing impressive growth in our litigation work over the past year has been characterised by large, high profile and often international cases. Our Private team has seen great success across the board and particularly in ongoing areas of investment such as tax and wealth structuring (and the odd constitutional challenge).   

We know that there will be choppy waters ahead as the ongoing impact of the pandemic is felt by businesses and families alike. However we remain confident in our strategy and our 10 Year Vision and will continue to be bold in pursuing our ambitious plans. Most recently, this has included the opening of our Singapore office, the launch of our Purpose business and further investment across the firm (such as the hiring of Louis Flannery QC) as well as into the MDR Group.

We know that our inventiveness and resolve will hold us in good stead. I am proud of what we continue to achieve and, in particular, of the extraordinary efforts made by my colleagues who have joined me as leaders in our new management structure, finding new and better ways of providing our clients with the best possible service."   

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