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Firm revenue and PEP increase in 2021/22 financial year

Posted on 20 July 2022

Mishcon de Reya has announced revenue of £230.7 million for the last financial year – an increase of 22% from the previous financial year – and Profit per Senior Equity Partner (PEP) has returned to pre-COVID levels at £1.05 million (11% increase on 2020/21).

The past year has seen a series of major achievements for the firm, including the announcement of a strategic combination with Taylor Vinters and the launch of litigation finance venture MDR Solutions I.

Mishcon de Reya has also reaffirmed its commitment to its Asia-based clients, growing its presence in the region through its Singapore office and association with Karas LLP in Hong Kong. 

The firm continues to invest in its data science capabilities and innovating to ensure it retains its reputation for consistently delivering an exceptional service.

Managing Partner James Libson said: "This result reflects a clear trajectory of growth in line with our 10 year vision. It speaks to the commitment and dedication of our people, as well as our resilience through COVID. We have continued to pursue a strategy that reflects our core values and encourages everyone across the firm and the MDR Group to be innovative and responsive in working with our clients.

I am proud of what we have achieved amidst challenging market conditions and want to thank all of our people for their dynamism and agility in navigating the changing nature of our business and responding to our clients' needs."

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