3 July 2017: Mishcon de Reya has posted financial results today showing significant growth over the past year from £127.8m in 2015/16 to £149.4m in 2016/17: a 17% increase. PEP (Profit per Senior Equity Partner) has hit £1.1m, a 10% increase on last year.
The revenue breakdown by department is as follows: Dispute Resolution £57.3m; Corporate £19.9m; Employment £11m; Family £7.2m; Private £21.3m and Real Estate £33m.
Mishcon de Reya has seen a total revenue increase of over 100% in the last five years.
Managing Partner Kevin Gold commented:
"The past year has been one of the most uncertain politically and economically that we have experienced in a decade. In this context I am very proud that we have grown significantly and are exceeding our 3 year plan goals.
Whilst we've kept focussed on the fundamentals of doing the best for our clients, we've also begun to deliver against The 10 Year Vision that we launched at the beginning of 2016. We've invested heavily in technology via Mishcon Discover, MDR LAB and our cyber security unit, as well as further investment in the Academy, our in house place of learning."