Holman Fenwick & Willan (HFW) has reported a marginal rise in turnover at the 2009-10 year-end following a year of investment at the firm.
The firm’s turnover increased by 0.9 per cent to £99.6m from £98.7m a year earlier, with 43 per cent of revenue generated in non-domestic markets.
Senior partner Richard Crump commented: “A central part of our long-term strategy focuses on our global footprint in key jurisdictions and this has the added benefit of providing us with a steady footing in such uncertain times.”
Within the next five years, Crump added, approximately 50 per cent of the firm’s turnover would come from outside the UK.
In the past year HFW has developed best friend relationships with firms in Abu Dhabi and Saudi Arabia as well as opening a second office in Australia.