DWF revenues up 12.5 per cent

DWF revenues up 12.5 per centDWF has posted a 12.5 per cent rise in fee income at the half-year stage, bringing in £28m over the six months compared to £24.5m over the same period last year.

The firm said it is on track to post a revenue rise of 12 per cent for the full year, which should take its annual figure to £62m.

DWF managing partner Andrew Leaitherland said: “Although we’re expecting difficult trading conditions in the six months ahead, we believe we’re well placed to continue this level of growth for the immediate future. We’re also on course to achieve our longer-term ambition to become a top 30 law firm by 2010.”

The litigation practice experienced the highest level of growth at 23 per cent. Private client followed with an increase of 21 per cent. Insurance was up 19 per cent and real estate posted growth of 11 per cent.

Leaitherland said he expects current activity levels to continue while the firm’s business recovery and people teams should see an increase in workloads as the recession begins to take hold.

Read how DWF compared with its rivals in the 2007-08 financial year in the UK 200 national firms feature.