Scottish firm Dundas & Wilson posts marginal increase in turnover
Dundas & Wilson has reversed a two-year decline in turnover to post a slight rise in the 2010-11 financial year.
The firm recorded a 2 per cent increase in revenue over last year, taking in £62m – which is still well below the 2008 high of £74.8m. Profits per partner increased to £325,000 from £317,000 the previous year.
Managing partner Donald Shaw said: "This is an acceptable set of results, particularly given the challenging trading conditions across the legal services market.” He added: "Counter-cyclical areas such as restructuring and recovery and litigation continue to perform strongly and, in spite of continuing challenging economic conditions, our real estate practice has also been a major contributor to our overall performance."
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