Wragges posts 15 per cent revenue rise in first half

Wragge & Co has posted a double-digit turnover rise for the first six months of this financial year and forecasts similar levels of growth for the full year.

Quentin Poole
Quentin Poole

The firm is expecting revenues to be up by around 15 per cent for the first half, from £47.5 this time last year to around £54m.

The firm’s senior partner Quentin Poole told The Lawyer: “The total’s in line with budget and we’re predicting that kind of outcome at the year-end.”

Wragges recently filed its LLP accounts for the 2009-10 financial year with Companies House, revealing that the firm had cut £6m out of its cost base during that period (4 November 2010).

Audited turnover was £98.3m last year and average profit per equity partner was £276,000.