Financial results 2013/14: Addleshaws posts mixed results as profit down 11% after partner restructuring and CFA write-off

Addleshaw Goddard today (9 June) unveiled mixed financial results for the 2013/14 period, with turnover up by 3% to £171.4m but net profit down 11% from £44.9m to £39.8m.

The dip in profits was blamed on exceptional expenses during the year, namely partner restructuring and a written off conditional fee agreement, which relates to the firm’s role advising the late Boris Berezovsky in his high profile court battle with former business partner, Russian oligarch Roman Abramovich.

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