The firm has announced a 2 per cent half-year revenue increase from £56.3m for the same period last year to £57.5m for the first six months of 2016/17. Additionally, the firm has seen a 6.3 per cent increase in work in progress (WIP) revenue from work not yet billed over the first half. Nabarro cites strong performances in the firm’s disputes, corporate and real estate divisions as the key drivers behind the growth, adding that the falling value of the British pound in the wake of the EU referendum result has helped maintain a steady flow of foreign investors for real estate and infrastructure products in the United Kingdom.

Moving towards merger

Over the next half, Nabarro will be gearing up for its three-way megamerger with CMS Cameron McKenna and Olswang, which is due to go live on 1 May 2017. Until then, the firm remains focused on delivering ‘business as usual’ results for the second half. Senior partner Ciaran Carvalho commented: ‘I would like to thank all of our people for their support in delivering this result. It’s an exciting time, but also a challenging time for some, so I appreciate everyone’s ongoing commitment.’ He added: ‘Our pipeline of work suggests we should be confident about the second half of the year.’