Walkers said its revenue in 2014 outstripped the previous year due to increased global activity. The firm's qualified lawyer numbers rose by just two, from 156 to 158, but it added 11 partners through the year. The increase came through a mixture of promotions and lateral hires, with 10 lawyers making partnership in July across Walkers' offices. Hires included Carey Olsen partner Jason Allison, who helped to set up the Channel Islands firm's Cayman office.
Fee-earner numbers rose by 12 per cent, from 174 to 195, and total staff numbers went up to 387 from 376.
Strategically, there were no major developments for Walkers last year as it continued to consolidate its position as a law firm-only business, following the 2012 sale of its fiduciary arm.