Stephenson Harwood has continued its upward trajectory and posted a 4% increase in revenues at the half-year stage, becoming the latest in a string of UK law firms to announce positive financial results.

The firm’s revenues for the six-month period ending 31 October rose to £51.4m from £49.6m a year ago. It comes after the top 30 firm saw revenues climb by 16% during the full 2010-11 financial year to £107m, marking the third consecutive year of growth for the firm despite the 
economic downturn.