Recent filings with Companies House show the firm’s revenue rose six per cent to €327.1m from €308.7m, while profit before member's remuneration increased by 10 per cent to €93m from €85m. The highest paid member at the firm took home €1.023m, up 12 per cent from last year's €911,000.
Refinancing
Net current assets increased by just over 100 per cent, following a 'successful refinancing' in November 2014 and a nine per cent 'improvement' in net assets attributable to members. Loans and other debts due to members jumped by eight per cent, from €66m to €71.7m.
Weakened Euro
The firm, which reports in Euros, noted the weakening of the currency by just under six per cent and said its main financial risks arise from the 'current economic climate in the countries in which it operates, competitive and client pressure to reduce fees and the management of foreign currencies.' Source: Legal Business
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