Watson Farley & Williams (WFW) has seen its revenue grow nearly 14 per cent in the first half of the 2016/17 financial year.

Turnover increased from £59.5m to £67.6m and comes on the back of a 5 per cent revenue hike for the 2014/15 financial year, when it generated £131.2m.

Co-managing partner Chris Lowe told The Lawyer: “There is an FX-element to these figures, as 60 per cent of our turnover is generated out of the UK in strong currency jurisdictions.”

“But what it does show is the strength of our international practice and that our offices in those jurisdictions are doing well.”

In the past year, WFW has been focusing on both Asia and US expansion, announcing a local alliance in Vietnam and confirming it is looking at China for its next move.

It has also been growing in New York following a number of key hires, leading chairman Frank Dunne to relocate from London to the US to drive further growth.

Mishcon de Reya complex civil litigation and white collar defence head Joshua Sohn joined the firm in the US over the summer.

A number of firms have already posted positive half-year results including Allen & Overy’s 13 per cent growth to £731m. On a constant currency basis the firm’s turnover grew 2.5 per cent.

Fieldfisher’s turnover meanwhile grew 10 per cent in the first six months of the 2016/17 financial year from £58.4m to £64.1m, with DAC Beachcroft posting growth of 1.2 per cent.