International law firm Watson Farley & Williams (“WFW”) has seen its global revenue for the financial year 2016/17 increase by more than 20% to £159.8m, compared to £131.2m for the previous year.
WFW Managing Partner Chris Lowe, said: “This is a strong result for the firm, due in no small part to the significant investments we have made not only into high-profile practices complementary to our specialist sectors, but also in technology, infrastructure and business services. These investments are essential to both the medium/long term sustainability of our business and our plans for strategic growth in size, performance and quality. Whilst this performance was influenced by currency exchange rates, we have nevertheless seen substantial real growth across our business”.
WFW Managing Partner Lothar Wegener, added: “Last year also saw WFW advise on numerous headline deals in our core sectors of energy, transport and real estate, from renewables and oil & gas to maritime, aviation finance and hotels. This is thanks to our sector specialist approach which enables us to clearly distinguish ourselves in an ever more competitive global legal market”.