Litigation leads as BLG posts turnover rise

Barlow Lyde & Gilbert has posted a 6.4 per cent rise in turnover from £81.7m to £86.9m at the 2008-09 year-end.

The litigation practice brought in the largest proportion of fees at £69.8m, 9.6 per cent above last year’s £63.7m.

The corporate practice contributed £8.25m, while property was up marginally on the previous year, contributing £1.56m compared with £1.2m. The finance practice’s contribution remained relatively flat, rising marginally from £1.2m to £1.3m.

The firm’s three international offices, which are lcoated in Hong Kong, Singapore and Shanghai, made up £10.7m of the overall turnover.

While corporate firms have seen turnover slide at the financial year-end, several firms with contentious practices have unveiled positive growth.

Clyde & Co’s turnover for 2008-09 was up 17.8 per cent from £157m to £185m, while Kennedys closed in on BLG after reporting a 30.7 per cent rise in turnover to £67.3m (29 June 2009).