Central London and New York firm Mishcon de Reya has reported a 5% rise in average profit per equity partner to £1m.

Net profit totalled £35m for the year ended 9 April.

Revenue in London climbed to £127.9m from £110m in  2014/15, with Litigation (£44m), Real Estate (£31m), and Corporate and Private (both £19m) the major contributors. In New York revenues totalled £4.8m.

Mishcon has made global headlines in recent weeks for handling a legal claim against Brexit brought by what is reported to be a ‘group of concerned British citizens’. Earlier this month a number of self-styled democracy campaigners held a noisy protest over the action outside the firm’s offices on Kingsway, London.

The firm has also signalled an interest in a John Lewis-style ownership model.