A&O posts 11% revenue rise for first half as Eversheds income climbs 6.7%
Allen & Overy (A&O) and Eversheds have both confirmed increases in revenue at the half-year point, with A&O posting an 11% hike while Eversheds saw fee income climb by just under 7%. A&O cited recent investment in key international markets as the principal driver of its double-digit growth, with the firm bringing in revenues of £582m for the period from 1 May to 31 October, up from the figure of £526m the firm took in during the equivalent period last year.
A&O and Eversheds cite international investment as growth driver for first half of 2011-12
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