2 December 2016
International law firm Watson Farley & Williams (“WFW”) is pleased to announce that its global revenue for the first half of the financial year to 31 October 2016 has risen to £67.6m, up from £59.5m last year. The result puts the firm 13.6% ahead of the half-year results for 2015/16.
WFW’s revenue for the full 2015/16 financial year was £131.2m.
WFW Managing Partner Chris Lowe said: “This is a very encouraging financial result for the firm, building on the solid 5% revenue increase achieved in the 2015/16 financial year. The past six months have seen significant market volatility due to events such as the Brexit vote, but this is something WFW is well placed to manage, especially within our core sectors, and we will continue to develop and prosper in these notwithstanding the challenges that will invariably arise”.
WFW Managing Partner Lothar Wegener added: “This excellent result demonstrates that the significant investments the firm has made to empower our core practice groups through significant lateral hiring, as well as through internal promotions, is clearly paying off and has created the momentum to ensure the firm’s global development and expansion really take off”.