Profit per equity partner (PEP) at international firm Taylor Wessing rose 21% to £657,000 last year, on global revenue up 6.5% to £241.2m, according to the firm’s 2013/14 results. 

UK revenue was £112m, a rise of 7.4% from 2012/13. 

Work from clients in the Middle East, Asia and the US boosted growth, said the firm. ‘Litigation continued to be a significant driver and improvements in deal flow facilitated excellent performances in finance, real estate and corporate,’ it said.

UK managing partner Tim Eyles said: 'The past 12 months have been an exciting time for Taylor Wessing, as we’ve continued to expand our international platform and strengthen our offering to the high-growth industries of TMC, life sciences, energy and private wealth.

‘Over the course of the coming year, we will continue to vigorously pursue our growth strategy for the economies and industries of tomorrow.’

Last year the firm reported a 7% increase in global revenue from £212m in 2011/2012. UK profit remained static at £38m in 2012/13, according to the firm’s Companies House filing.