Kennedys set to break into UK top 50 with 30% revenue rise
Commercial litigation specialist firm Kennedys looks set to have propelled itself into the UK's top 50 law firms, posting a 30% increase in revenue for 2008-09. The firm's revenue reached £67.3m during the last financial year compared to the previous year's total of £51.5m. Meanwhile, profits per equity partner increased by almost 17% to £350,000, from a mark of £300,000 in 2007-08. The vast chunk of the firm's revenue came from the firm's litigation practice, which accounted for £58.3m of total revenue. London made up £53.2m of turnover, while Asia contributed £13.4m.
Commercial litigation specialist firm Kennedys looks set to have propelled itself into the UK’s top 50 law firms, posting a 30% increase in revenue for 2008-09.
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