Gowling WLG reveals decreases in revenue and profits in UK

January 14, 2019 Gowling WLG recently released its financial results according to the firm’s UK LLP, showing a decline in profits and revenue.

The LLP accounts, which include results for the year ending 30 April 2018, indicate that revenue decreased by 5%, coming in at £179.9m. Profit fell by 14% from £60m to £51.9m. Despite decreases in the UK, the firm’s overall revenue rose by almost 17% for the year.

According to Gowling chief executive David Fennell, the financial results can be attributed to the loss of the firm’s private client business.

Read more at www.legalbusiness.co.uk.

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