Legal Business: City firm Mishcon de Reya has enjoyed another year of robust UK revenue growth and recorded a rise of 13% to £110m from £97.8m, meeting its 2016 target a year ahead of schedule.
The firm said its profit per equity partner figure was expected to be 'in excess of £950,000', potentially resulting in a dip of nearly 3% from last year's £975,000 though it would still be above its targeted 'sustainable' £750,000.
Over five years, the firm has seen a total revenue increase of over 130%, something which it attributes to heavy investment during the down-turn and building a distinct brand as an adviser bridging high-end private client work with an entrepreneur heavy corporate client base.
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