Hogan Lovells has posted a 5.3% rise in operating profit for 2012-13 for its non-US business, despite a drop in revenue over the year.

According to limited liability partnership (LLP) accounts filed with Companies House, the firm brought in £581.4m in fee income, away from the US, down on £590.6m in 2011-12. However, its operating profit grew from £195.3m to £205.7m in the same period on the back of a £20m reduction in operating expenses.