Watson Farley turnover passes £50m mark

Asset finance specialist Watson Farley & Williams managed a 6 per cent increase in turnover for 2001/02

Watson Farley's turnover exceeded £50m for the first time, increasing by £3m to £52m. Fees per fee-earner rose by just over 10 per cent to £285,000, and profits per equity partner increased by 8.5 per cent to £348,000 from £314,000. Average profits per partner in the top two thirds of equity were in the region of £450,000.