DWF revenue up 8 per cent to reach £200m target
DWF has posted its latest financial results, revealing an 8 per cent increase in revenue, which grew from £187.1m in 2015/16 to £201.2m in 2016/17.
Average profit per equity partner (PEP) dropped by 8per cent, falling from £331,000 in 2015/16 to £303,500 in 2016/17.
This year’s results have reached the firm’s £200m turnover target, which it missed for the prior three years. After last year’s two per cent revenue decline, the firm implemented a global expansion strategy that saw several new office openings worldwide.