Turnover up 7 per cent at Kennedys

Growth in the Asia-Pacific Region has buoyed revenues at the insurance specialist firm.

Anton Balazh

According to data released this week, Kennedys’ global revenue increased 7 per cent over the last financial year from £129.9m to £138.8m, while UK revenue cracked the £100m mark for the first time after growing 2.5 per cent to £102.1m. Growth is accelerating at the firm, which recorded a lift of just 1 per cent in global revenue for the 2015 financial year.

Asia-Pacific success

Kennedys’ offices in the Asia-Pacific were the firm’s heavy hitters this financial year: revenue was up 114 per cent to £7.8m at its Singapore office and 33 per cent in Hong Kong. New office openings in Russia and Denmark also helped buoy the result. ‘We’re planning for continued growth in the coming year both domestically and internationally which will, as ever, be centred on where our clients require it and where compelling opportunities present themselves,’ commented Kennedys’ senior partner Nick Thomas.

Sources: The Lawyer; Legal Business

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