Law firms

Revenue plunges 20% at Stewarts as contingent fee swings end stellar run

john cahill

Disputes specialist Stewarts has experienced a reality check after a consistent period of striking financial growth, with revenue tumbling by more than 20% for the 2017/18 financial year.

Turnover has dropped from £77.9m to £62.4m, while profit per equity partner (PEP) fell by an even wider 28% margin to £1.4m.

This article is for Legal Business subscribers. Please log in or subscribe to read on.