Ince & Co has posted a 1.7 per cent increase in its 2012/13 turnover from £91.6m to £93.2m.
The firm’s revenue growth has slowed compared to 2011/12, which saw its turnover increase by six per cent to £91.6m from £86.2m in 2010/11.
Ince & Co saw minimal changes in its lawyer and partner head counts over the past financial year. Its number of qualified lawyers stood at 279 at the end of the 2012/13 financial year, three more than the year before, while the total number of partners also grew by three from 97 to 100.
The firm has 11 offices globally with London remain to be the largest fee-earning office, bringing £59m or 63 per cent of the global total. The London office’s revenue growth rate of three per cent is also higher than the firm’s global average.
During the past year, the firm has expanded noticeably in Asia. In July 2012, the firm opened its third Greater China office in Beijing, adding to existing locations in Shanghai and Hong Kong (25 July 2012). In Singapore, where the firm has a formal law alliance with local firm Incisive Law (7 April 2011), it has recently hired former DLA Piper managing partner and Asia projects head Martin David to lead its Asia energy practice (9 May 2013).
This came after the March appointment of Chinese shipping veteran lawyer Guo Xu from China Ocean Shipping Group (COSCO) as a consultant in Beijing (4 March 2013).
There has also been a shakeup in management with Ince turning to Field Fisher Waterhouse (FFW) for finance team head Alan Hodgson.
Hodgson, head of finance at FFW since January 2012, assumed the director of finance role at Ince & Co, after incumbent David Pollard became director of operations following Andrew Jennings retirement (21 March 2013).