The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. Read more
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TECHNOLOGY boutique Kemp Little has posted a massive 27 per cent turnover rise following the completion of a wide-ranging strategic overhaul.
Turnover leapt from £4.25m to £5.4m in 2006-07, while average profit per equity partner was up by 44 per cent to £360,000.
Senior partner Richard Kemp said the firm had experienced growth across all departments.
“It was good to come out of the strategy review and find that the decisions we made were bearing fruit,” he said.
At the end of 2005 the firm, which launched 10 years ago, kicked off a strategic overhaul, led by management consultant Alan Hodgart. This saw a move to a modified lockstep and put in place a new management board to run the firm.
Commercial technology accounted for 50 per cent of the revenue stream, followed by corporate at 30 per cent. The latter has doubled its fees in the past two years.