
Watson Farley & Williams is the latest City firm to post robust revenue and profit figures in the face of adversity in the 2019/20 financial year.
The firm said yesterday (29 July) that fee income was up 4% to £179.6m from last year’s £172.3m as profit per equity partner (PEP) saw a 3% uplift to £577,000 from £562,000. Profit was up a respectable 13% on last year to £53.7m from £47.5m, capping off a bullish set of results.