Member Article

Revenues soar at law firm DWF

Half year revenues at North West business law firm DWF have soared by 57.5% to £93.6m.

More than 10% of DWF’s revenue growth is organic, the remainder stemming from its merger with Fishburns and acquisition of Cobbetts, both in February 2013. Profitability is also up, with early figures indicating a “significant increase” on last year.

The firm, which is based in Liverpool and Manchester, with several offices across the UK, has seen major growth in property, where revenues have increased by 92% from £7m to £13.5m and now account for 15% of turnover.

DWF achieved strong growth across its chosen industry sectors, with revenues attributable to transport up 81% on this time last year, and revenues associated with retail, food and hospitality up 87%.

Andrew Leaitherland, managing partner and chief executive, said: “We’ve worked exceptionally hard to deliver what are, by all accounts, very robust half-year results.

“We have experienced significant benefit already from our acquisitive phase over the last 12 to 18 months and we’re now beginning to gain traction in our chosen markets as our clients build increasing confidence in our ability to deliver exceptional client service at an affordable pricing point.

“We remain committed to employing the best people with a passion and commitment to go further for clients and over the last six months we’ve continued to invest in lateral hire opportunities.”

This was posted in Bdaily's Members' News section by Simon Malia .