Manchester-based Rowe Cohen has seen its revenue dip by nearly 40 per cent since it split in February this year.
Total revenue for 2006-07 was £5m, down by 39 per cent from £8.2m the previous year. This follows the departures of three partners to launch Lewis Hymanson Small.
The firm split due to strategic differences, according to Rowe Cohen managing partner Simon Cohen.
Rowe Cohen will now focus on regulatory work relating to health and safety prosecutions, personal injury, civil litigation and property disputes and transactions.
The newly formed Lewis Hymanson will target small and medium-sized businesses and owner-managed organisations in the commercial sector.
Rowe Cohen retains a small office in London, from which it is planning to build out its health and safety work, in addition to launching an employment practice.
The firm is also launching a wills and probate unit.