Addleshaw Goddard has reported a 4% drop in revenues for the first half of the 2010-11 financial year. The firm has posted fee income of £78.1m for the first six months of the year - down from the figure of £81.3m reported at the same point last year. The firm attributed the drop to the use of a number of conditional fee arrangements (CFAs) in significant contentious cases. Without these, the firm said that it would have posted flat H1 revenues on last year.
December 10, 2010 at 05:23 AM
1 minute read
The original version of this story was published on Legalweek
Addleshaw Goddard has reported a 4% drop in revenues for the first half of the 2010-11 financial year.
The firm has posted fee income of £78.1m for the first six months of the year – down from the figure of £81.3m reported at the same point last year.
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