LIVERPOOL business law firm DWF has posted a 35% increase in net profit and a 15% rise in turnover to £83m for its year to April, 2011.
Profits per equity partner rose to £390,000 from £333,000, a 17% rise.
There was strong growth across the firm, despite a sluggish transactional marketplace. DWF’s corporate practice grew 34%, with the firm’s insurance and litigation growing by 18% and the finance and restructuring practice expanding by 16%.
The firm’s sector-specialist teams have also expanded with 17% growth for the food sector group and a 19% surge in transport and logistics.
Managing partner Andrew Leaitherland said: “These are another set of great results, and I am particularly pleased that our sector groups have grown so rapidly, reflecting our expertise in the markets in which our clients operate.
“We have more than doubled the size of the firm since 2007 and now have over 1,300 people across six locations. We’ve continued to invest in our people.”
