Growth for Stephenson Harwood with revenue up 8% and 19% hike in PEP

Revenue at UK top 40 firm Stephenson Harwood rose by 8% to £121m in the 12 months to 30 April 2014, marking the firm’s sixth successive year of growth, coupled with an 19% increase in its profit per equity partner (PEP).

Boosted by the continuation of The Fiona Trust litigation, an eight-year shipping fraud trial between head of international arbitration Louis Flannery’s Russian client Dmitry Skarga and state-owned Sovcomflot, and a strong year in the infrastructure sector, the firm’s revenue was up by £8.3 million.

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