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Thursday, 24 May 2012
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Half-year turnover up 12 per cent at DWF

DWF has recorded a 12 per cent increase in fee income for the first six months of the 2010-11 financial year.

Andrew Leaitherland

Andrew Leaitherland

The firm brought in £36m during this period, up from around £32m for the comparable period last year (23 November 2009).

The largest growth was in corporate and commercial, which increased by 48 per cent according to an announcement made by the firm.

Managing partner Andrew Leaitherland said: “We’ve grown the firm substantially over the last 18 months to 1,250 people across five locations. We’ve recruited three equity and six salaried partners in addition to a number of strategically important lateral hires, as we continue to attract the best talent from our key competitors.”

He added that the firm continued to “strive for the status of a top 30 law firm”.

The firm’s current three-year plan, which expires this year, includes the goal of reaching the top 30 status by the end of 2010. However, at the end of last year Leaitherland admitted that he had to revise this timeline because of the impact of the recession (12 October 2009).

At the end of the 2009-10 financial year the firm brought in £71.5m, placing it 42nd among The Lawyer UK 200.

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