Lovells Paris hikes turnover by 20 per cent after management rejig

Lovells’ Paris office is celebrating a strong 2007, after revenue climbed 20 per cent to e40m (£31.58m).

Turnover leapt by e6.7m (£5.29m) from e33.3m (£26.29m) in 2006.

The figures are provisional, with Lovells’ French arm operating to a 30 April year-end, but show strong growth in Paris for the firm.

Lovells’ French corporate practice led the charge, bringing in 35 per cent of the total revenue. The commercial and real estate group made up 27 per cent, finance accounted for 23 per cent and arbitration and litigation brought in the remaining 15 per cent.

Towards the end of the last financial year, Lovells revamped its management structure ;in ;France, promoting former employment head Philippe Thomas to managing partner as well as appointing a new three-partner management committee.