Watson Farley closes in on £60m turnover

Watson ;Farley ;& Williams has increased turnover to £59m, a 9.3 per cent increase on last year's figure of £54m.

The year before revenue had increased by just £500,000 (The Lawyer, 21 September 2007).

However, average profit per equity partner only rose 7 per cent this year to £424,000 from £396,000.

Managing ;partner Michael Greville singled out shipping and renewables as areas of high performance.

He said: "We are increasing our geographical spread and are well positioned in some exciting sectors."

As revealed in The Lawyer (5 May), the firm has opened a Milan office to target infrastructure and private equity funds.