City firm Clyde & Co has announced small increases in profit and revenue, along with an increasing footprint in North America.

The international practice recorded profit of £177.5m for the year ended 30 April 2025. Revenue increased by 3% during the same period to £854m – the 27th consecutive year this figure has grown.

North America was the fastest growing region by revenue and now accounts for 25% of the firm’s fee income; up from 21.5% a year ago. Clyde took on 11 new partners in this region through lateral hires and promotions and also merged with Dallas-based Tillman Batchelor.

The firm’s largest region, the UK, accounts for 46% of revenue; Middle East and Africa 11%, Asia Pacific 9%, Europe 7% and Latin America 2%.

Overall the firm added 59 partners during the year including five in its global energy practice in the UK and Europe.

Matthew Kelsall, chief executive, said: ‘Our commitment to multiyear investment horizons has allowed us to continue to balance investment, profitability and sustained growth.’

 

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