Stephenson Harwood has performed reasonably strongly at the half-year stage, with the firm’s worldwide revenue 8 per cent up on the same period in 2008-09.
The firm brought in £42.6m in the first six months compared with £39.6m for the same period last year.
Chief executive Sharon White said: “These results reflect our well hedged business, which includes a healthy balance between non-contentious and contentious work.”
On of the firm’s standout deals was Motor Oil Hellas’ (MOH) €245m acquisition of Shell’s downstream business in Greece. Corporate partner Duncan Stiles acted for MOH on the deal.
White added: “One of the encouraging things is that we’ve not had any mega deals or piece of litigation that’s responsible for this. It’s building on what we’ve achieved so far with our clients and on a lot of hard work.”
Stephenson Harwood is one of the few firms to post improved year-on-year results for the first half of 2009-10. Others include Denton Wilde Sapte (6 November 2009).