Profits per equity partner at Fieldfisher grew by 17% to £750,000 last year, the expanding international firm announced today. Turnover for the year ending 30 April 2018 grew by 24% to £207m.
This is the first time the firm’s revenue has reached £200m and follows last year’s record increase of 36%, the firm said. In the year, turnover from overseas offices increasing by 37% to £29m and now account for 35% of turnover.
Among the practice groups, technology, outsourcing and privacy grew by 58% and dispute resolution by 47%.
The technology sector grew by 69%, boosted by data protection compliance work and an increase in instructions from US digital, tech and social media clients.
The firm has grown considerably in China adding to Beijing with a new Shanghai office in early 2017. As a result, revenue in China trebled.