27 June 2016
International law firm Watson Farley & Williams’ (“WFW”) financial results for 2015/16 demonstrate another solid performance for the firm, with global revenue to April 2016 reaching £131.2m. This puts the firm five percent ahead of the comparable figure for 2014/15, £125.2m.
WFW Managing Partner Chris Lowe, said: “This is a positive result for the firm. On a currency adjusted basis we are more than eight percent ahead of last year, with our lawyers having advised on a large number of high-profile cross-border transactions and disputes in our core sectors of energy and transport. This is clear evidence that our constant investment into high profile practices complimentary to our sectors continues to help the firm succeed and differentiate itself in a highly competitive legal market and it is an endorsement for continuing our growth plan”.
WFW Managing Partner Lothar Wegener, added: “We are very pleased that the significant investment the firm has made in all its business services including technology improvement programmes for IT and infrastructure, knowhow management and offices have paid off and are creating a great momentum for the development of the firm. We welcomed 17 new partners to the firm as laterals over the past financial year, with overall fee earner numbers worldwide rose from 461 to just below 500 in the same period”.