Dentons has released its financial results for its UK, Ireland and Middle East business, reporting a significant decrease in the rate of revenue growth from last year’s 14% spike to a modest 2% increase from £260.4m to £265.1m this year.
In an interview with Legal Business, chief executive for the UK and the Middle East, Paul Jarvis (pictured), spoke about the significant deceleration in the rate of revenue growth: ‘Our financials are following a trend that we are seeing across the industry. Last year was a record performance for us, but we are not disappointed with our results this year. We are in a high-inflation environment, and we are clear that our strategy is not about growing revenue for revenue’s sake, but to ensure that we continue to grow in a sustainable way.’
