DWF has added 18% to its high line because the thrusting nationwide operator gears as much as grow to be the biggest UK legislation agency float but.

Income on the high 25 agency for the 12 months to 30 April, introduced at present (13 September), was £236m, up from £199m final 12 months. The agency additionally mentioned revenue per fairness accomplice (PEP) elevated, with out specifying a determine, however this 12 months’s LB100 estimates it rose 9% to £327,000.

DWF introduced in June it was eyeing up an preliminary public providing (IPO) on the London Inventory Change. Eyebrows have been raised on the reported £1bn price ticket, with a extra life like valuation seen to be within the £400m-£600m vary.

Chief government Andrew Leaitherland (pictured) commented: ‘We’re already positioned positively for the subsequent section of our growth, however we consider an IPO can be one of many choices that may enable us to attain our strategic targets, notably by additional growing our capability to spend money on IT and Related Companies, whereas additionally enhancing our capability to draw and retain the perfect expertise.’

DWF’s current historical past has been marked by a spate of workplace openings in Europe, North America and Asia-Pacific, in addition to the acquisitions of authorized value enterprise NeoLaw final June and claims administration agency Triton International. It additionally introduced within the man who spearheaded DLA Piper’s meteoric rise from regional upstart to international large, Sir Nigel Knowles, as chair in September final 12 months.

Extra just lately, it employed the brains behind Freshfields Bruckhaus Deringer’s Manchester companies hub, Anup Kollanethu, to head a brand new managed companies position. Former DLA chief data officer (CIO) Daniel Pollick additionally got here in to a newly created CIO position.

DWF mentioned it had recruited greater than 35 companions, though general accomplice numbers have solely elevated from 279 to 289. The agency additionally formally launched its Related Companies arm, a division of impartial companies which work alongside the agency’s authorized groups to assist shoppers handle danger, fame, value, time and assets.

‘This has been one other very robust 12 months for DWF, with development throughout all of our companies,’ Leaitherland mentioned. ‘Now we have prioritised making important investments which can drive the long-term success of our enterprise and allow us to rework the way in which authorized companies are delivered.’

hamish.mcnicol@legalease.co.uk

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