3 December 2015
Financial half-year results for international law firm Watson Farley & Williams (“WFW”) paint an encouraging picture for the firm, with global turnover to October 31 reaching £59.5 million. The result puts the firm five percent ahead of the half-year revenue result for 2014/15.
WFW’s revenue for the full 2014/15 financial year was £125.2m.
WFW Managing Partner Chris Lowe, said: “This is another encouraging financial result for the firm. On a currency by currency basis we are more than seven percent ahead of last year, and our lawyers are seeing a good level of client demand across our core sectors. While we don’t have a crystal ball, we expect that to continue throughout the rest of the financial year, so this result gives us a strong position to build upon.”
WFW Managing Partner Lothar Wegener, added: “The firm has welcomed 24 new partners as lateral hires since the end of the 2013/14 financial year and also opened a new office in Dubai, so we are seeing returns on this investment coming through. Our strategy is to continue to grow our services offering in our specialist sectors and continue to invest in the firm’s infrastructure as well.”