Pannone posts 8 per cent revenue hike

Fee income at Pannone has risen eight per cent in the first six months of the 2008-09 financial year compared with the same period last year.

The firm brought in £27m in the first half, having attracted £25m during the first six months of 2007-08.

Total income, which includes interest accrued, grew by six per cent from £25.9m to £27.4m.

The strongest performance was in the regulatory and clinical negligence departments, which both recorded double digit growth.

However, corporate and property have both experienced negative growth.

North-west firm DWF recently posted an increase in revenue at the half year stage of 12.5 per cent (TheLawyer.com, 11 November 2008).