Mourant Ozannes reported a solid year, with global turnover up by 5 per cent – and a standout year for its corporate practice, where revenues rose by 15 per cent.
Total staff numbers increased by 1 per cent, from 455 to 460, although fee-earners dropped by 2 per cent, from 234 to 229.
The firm added 11 lawyers, increasing its numbers by 6 per cent, from 177 to 188. It also added two to its all-equity partnership, resulting in no change to its partner-to-associate ratio of 1:2.5.
Mourant Ozannes made several senior lateral hires in the year. It picked up Farrer & Co's former senior partner Jim Edmondson as a consultant and head of its international trusts and private client practice, and Maples and Calder's Singapore head James Burch for its Cayman office. In Jersey the firm hired Ogier funds partner Tim Morgan, although it lost managing associate Matthew Shaxson to Ogier.
The firm says it is planning to invest heavily in talent and knowledge management this year, introducing a new career structure and looking at its reward and performance management systems.