Kennedys' accounts show rapid expansion in 2010-11
Kennedys has increased its equity partnership by 30 per cent in 2010-11, from 50 to 65 partners. In the same period, 42 fee earners were added to the firm’s roster, as well as 56 support staff, and this combined group saw an average increase in salaries and wages of 18 per cent.
The figures, included in accounts recently filed on Companies House, also reveal an increase in turnover of 11 per cent, from £84.8m to £94.3m, in 2010-11. The firm’s profits fell from £21.1m in 2009-10 to £17.9m in 2010-11.
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