Mishcon de Reya makes its debut into the top 50 this year after an impressive period of growth that has put it on track to beat its three-year revenue target by some margin.

The firm’s 19% turnover hike to £73.1m during 2011-12 puts it nearly £2m ahead of its original target of £71.5m for this point in time – two years into a three-year strategy setting out an £80m turnover target by 2013.