DWF misses £200m turnover target
DWF revealed a 2 per cent drop in revenue last year to £187.1m, missing its £200m turnover target for the third consecutive year. Growth has slowed at the firm in recent years, despite international expansion efforts.
Despite decreased turnover, DWF increased profit by 4 per cent to £22m and average profit per equity partner (PEP) by 2 per cent to £331,000. Managing partner and CEO Andrew Leaitherland credits these increases to business restructuring efforts and investment in international offices. Last year, the firm opened offices in Dubai, Brussels, and Germany, and continues to scout potential new office locations.
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