Taylor Wessing yesterday (2 June) became one of the earlier UK movers in disclosing its financial results for the 2013/14 year, posting a 21% rise in profit per equity partner to £657,000 alongside an increase in UK and global revenues of 7.4% and 6.4% respectively.
With the Anglo-German firm’s UK revenue hitting £112m and its international income now standing at £241.2m, the firm attributed the boost to an uplift in work from clients based in the Middle East, Asia and the US, while in terms of practice area litigation was singled out as a key driver. The top 20 firm also credited an improvement in its broader deal flow for better performances across finance, real estate and corporate.
