Penningtons Manches revenue up 12 per cent

Penningtons Manches has announced its financial results for the 2016/17 year, reporting increases in revenue and profits. Turnover rose by 12 per cent from £61.6m to £69.6m for the London-based firm, marking eight consecutive years of growth. Meanwhile, profit increased by nearly 50 per cent, rising from £9.4m in 2015/16 to £14m in 2016/17. CEO David Raine said the firm continues to focus on its core practice areas and sectors, including technology, real estate and private wealth.

Penningtons Manches revenue up 12 per cent thelawyer.com Sun, Aug 27, 2017