Clyde & Co has notched up its 22nd consecutive year of revenue growth, the firm’s latest financial results show, albeit with a slower turnover increase than the previous financial year and a modest dip in profit following internal investments.
Firmwide revenues were up 3% from £611m to £627m in 2019/20, a decrease on last year’s pacier 11% growth rate. Despite the reliable revenue growth, profit at the firm fell 5% to £143m ‘due to increased investment,’ while profit per equity partner (PEP) likewise dipped 4% to £665,000.
