28 May 2012
Watson, Farley & Williams, a leading international law firm, has announced its results for the financial year ending 30 April 2012. Firm-wide revenue is £99.8m, up 12% on the previous year to 30 April 2011 (£88.8m).
Michael Greville, Managing Partner of Watson, Farley & Williams comments: “This year’s financial results show a respectable level of growth and, even though we did not quite reach the £100m milestone, we are pleased with this, which reflects the strength of our business model, delivering investment and finance work in our core sectors to a consistently high standard across jurisdictions.
Our strategy continues to support expansion and during the last financial year we invested significantly, including recruiting 15 lateral partner hires and opening a new office in Hong Kong.
This level of income represents an increase of over 70% in the four years since April 2008 and is a fitting way to end WFW’s 30th year in business.
We are expecting average profit per equity partner to remain steady at around £455,000.”