What credit crunch? – Forsters gives reporting season a boost with 16% hike in revenues

Europe may be stuck in the doldrums and the UK property market mired in a five-year slump but no one seems to have told West End boutique Forsters, which posted a revenue rise of 16% in its latest financial year.

Total fee income at the 120-lawyer firm grew to £32.5m for the 2012/13 year, up from £28m, while profits increased 11%. Profits per equity partner (PEP) rose 6% to £431,000 from £392,000 in 2012, while earnings per partner grew 3% to £308,000.

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