SJ Berwin posts flat revenues at half-year stage

SJ Berwin has announced static turnover for the first half of the 2010-11 financial year, with total fees billed coming in at £84m, the same figure as last year.

Rob Day
Rob Day

The results follow the 9 per cent increase that the firm announced a year ago.

The firm said litigation and competition were strong areas, as was corporate.

It highlighted strong performances in its international offices and said it would stick to its strategy of strengthening its core practices.

Managing partner Rob Day said in a statement: “We’re pleased to have achieved another solid performance to the half-year stage. At present the economy remains unstable but we continue to focus on our clients and our strategy to strengthen our core areas and grow countercyclical businesses.”

The City firm announced a 5 per cent hike in turnover and a 40 per cent increase in average profit per equity partner for the 2010-11 financial year following several years in which revenue fell (30 May 2011).

It has vowed to increase the size of its finance practice significantly over the coming three years (7 November 2011).