Net profit in the 2015/16 financial year rose from £25.9m to £31.8m, an increase of more than 20 per cent on the year before. PEP jumped from £325,000 to £393,000.
International expansion
The firm expanded internationally over the course of the year, most recently growing its practice in Switzerland by appointing three Swiss-qualified partners to its Geneva office to offer integrated English and Swiss legal advice to the private wealth market.
Referendum impact
James Carter, Charles Russell Speechlys’ managing partner, said: ‘We set clear financial and strategic goals for the three financial years following the merger and I am pleased that we are on track to meet, and in some cases exceed, the targets we set.
Whilst the result of the referendum will have an impact on business confidence and the legal market, we are fortunate to have a very broad based practice which means that we continue to be well positioned to unlock opportunities and benefits for our clients and for our people.’
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