Gowling WLG reveals decreases in revenue and profits in UK

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.

Gowling WLG reveals decreases in revenue and profits in UK legalbusiness.co.uk Mon, Jan 14, 2019