Kennedys' mergers pay off with 30 per cent revenue hike

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  • Looks like all the uncool firms are doing better than the magic circle this year! What next, Watson Farley Williams beating Slaughters?

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  • Nick Thomas and his management team show a drive that is unrivalled in the City. As an outsider, I have always been impressed by his ability to see the bigger picture while still providing the personal touch to clients and potential clients. Sir Nigel Knowles and his ilk are old news. This is a real success story.

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  • Fair comments, and congratulations to Nick Thomas etc etc. But let's just pour a little cold water. As the article notes, the two previous year's figures have been held down by the considerable investment required - the rise in PEP could just be a natural bounce taking them to where they should have been anyway. Secondly, Kennedys is a firm geared up to take full advantage of the current market conditions. Thirdly, mergers notoriously take years to bed in - to mix two metaphors, the proof of the pudding will come further down the line. If Nick Thomas is doing better than Nigel Knowles in three years' time, I'll take my hat off to him.

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