Insurance specialist Kennedys has announced solid revenue growth of 7% for this financial year from £129.9m to £138.8m. In addition, the firm’s UK figure has topped £100m, with turnover at £102m from £99.6m.
Financials 2015/16: Revenue reaches record high at pensions boutique Sacker & Partners
Turnover at UK boutique Sacker & Partners rose 13% to £26.8m last year as big corporates sought to restructure their pensions schemes.
Financials 2015/16: Subdued market sees Watson Farley and RPC post single digit revenue growth
LB100 firms Watson Farley & Williams and RPC reported slower revenue growth for 2015/16 with Watson Farley growing revenues by 5% to £131.2m, while RPC’s turnover is up 6% to £100.5m.
Financials 2015/16: Maclays disappoints with double digit fall in PEP and low turnover growth
Maclay Murray & Spens, fresh from failed merger talks with Addleshaw Goddard, has had another disappointing year financially, with a 12% drop in profits per equity partner (PEP) from £283,000 to £248,000, while turnover is up 3% to £44.8m.
The growth continues: Stephenson Harwood posts 9% bump in another record turnover year
Stephenson Harwood has posted another record financial year, with revenue up 9% on last year from £145m to £158m.
After a year of rapid expansion Dentons posts 7% UKMEA revenue rise to £165m
Following a year of intense global expansion, turnover across the UK, the Middle East and Africa at Dentons rose 7% in 2015/16 to £165m.
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Financials 2015/16: Revenue growth slows at CMS as group posts 8.4% lift
CMS has reported revenue and profit growth for 2015, with turnover increasing 8.4% year-on-year to £735.2m, and profits up 6.8%. The revenue figure includes fees from CMS’s ten member firms which operate under the CMS brand as part of a European Economic Interest Grouping.
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Financials 2015/16: Disputes drive Fieldfisher’s 7% revenue growth
Fieldfisher, which recently released new a strategy homing on in three sectors, has posted a 7% increase in firmwide revenues for 2015/16, up to £121.5m from £113.3m. The result comes after the firm posted an 8% rise in revenue at the half-year point in November.
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Record revenues: Freeths and Birketts enjoy bumper growth in 2015/16
National law firm Freeths and Ipswich outfit Birketts are the latest LB 100 firms to report their financials, both enjoying record revenues for the year 2015/16.
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Private wealth continues to pay as Forsters announces sixth year of double-digit revenue growth
Despite predictions of tough conditions for mid-tier firms, West End firm Forsters has bucked the trend and announced its fee income grew by 11.3% in 2015/16 to £46.2m, constituting its sixth consecutive year of double-digit growth since 2011.