Halliwells has revealed that it is on target to hit a turnover of £42m for the first half of the financial year.

Halliwells managing partner Ian Austin said: “It’s been a very good start to the year. All our practice areas are performing well, with corporate, real estate and dispute resolution contributing the bulk of our turnover. Our business services team is also performing ahead of budget.”

Earlier this year Austin declared his intention to drive his firm into the UK’s top 25 (www.thelawyer.com, 12 June), adding that he believed it would be necessary to hike turnover to more than £100m to achieve this aim.

This year Halliwells brought in £62.7m, a rise of 25 per cent from the previous year, with predicted average profit per equity partner up by the same amount to around £500,000.