Reynolds Porter Chamberlain (RPC) has seen a slight rise in turnover, despite ditching a major client at the start of the last financial year.
The firm's revenue grew by 2 per cent to £52.9m. RPC had succeeded in retaining its place on the NHS Litigation Authority panel in February 2005 following a review of the organisation's advisers, but subsequently turned down a place on the 13-firm roster.
Chief executive Adrian Martin said the results were satisfactory. "We're a contra-cyclical practice, so our aim is always modest growth," he said. "It was very much a year of consolidation and investment for us."
RPC is shortly to move into new offices opposite the Tower of London, and the firm has made a number of hires during the year.