UK top 200 ranking: 72
The recession has transformed Stewarts Law from a personal injury firm into a litigation boutique that punches well above its weight. The firm posted a 22.5 per cent rise in revenue during 2011–12, from £28.5m to £34.9m, making it an increasingly serious player in dispute resolution circles.
For the last five years Stewarts has seen year-on-year growth of more than 20 per cent. Since the 2007–08 financial year turnover has jumped a staggering 193 per cent from £11.9m. In contrast the firm’s average profit per equity partner figure remained flat at £890,000.
The year ended on a high for the firm’s commercial litigation group, with head of department Clive Zeitman successfully representing 83 former bankers who claimed that Dresdner Kleinwort had unlawfully gone back on promises to pay them bonuses.
Stewarts moved into international territory for the first time in May last year, opening offices in New York and Delaware with the double hire of securities litigators David Straite and Ralph Sianni, who were formerly at Grant & Eisenhofer.
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Overview5 New Street Square
Turnover (£m): 34.9
Total lawyers: 91