French giant Fidal boosts turnover on back of M&A boom

French giant Fidal has recorded a turnover rise of eight per cent, bringing its total income to EUR265m for 2005.

The former KLegal member saw income rise from 2004’s EUR250m after continuing to increase in size during the past year, according to French legal publication Juristes Associés

Fidal continues to specialise in tax law, with over a third of its turnover coming from this practice area but the firm has also experienced a rise in M&A and corporate work.

The firm now has 100 offices across France, with nearly 300 partners and over 1,400 fee-earners. It brings in double the income of the next biggest French firm, Gide Loyrette Nouel, and has been consistently more successful in recent years than other accountancy-tied firms such as Ernst & Young Societé d’Avocats or Landwell & Associés.