Mishcon de Reya has broken through its £80m turnover target for 2012/13 with a 14 per cent rise, bringing revenues to £83.4m for the last financial year.
The results follow a 20 per cent turnover increase last year (20 June 2012) and bring three-year growth to 75 per cent, according to managing partner Kevin Gold.
Gold said profit figures had not yet been finalised, but he expected a greater increase in profit figures.
“Each department grew, but the biggest driver across all the departments was hard-core litigation and our private business,” Gold said, pointing to the growth of Mishcon’s private client business.
The results follow a strong half-year for the firm (21 November 2012).
The firm also recently launched a competition practice with partner hires from Crowell & Moring and DLA Piper (11 March 2013). It also bulked up its private equity practice with two Dundas & Wilson partners (9 April 2013).