Howard Kennedy sees revenue and profits grow
Law firm Howard Kennedy has today 18th January announced its financial figures for the year 2015-2016. The firm has increased revenues by 7.3%.
For the year ending 30 April 2016, total income increased from £47.9m to £51.4m. Profit has increased from £9.1m to £17.3m. Profit per equity partner (PEP) has increased by 36%, from £374,000 in 2015 to £509,000 in 2016.
Craig Emden, Joint Managing Partner, Howard Kennedy said:
The firm has been on a terrific journey over the past two years that has seen the restructuring of its partnership, the creation of a five-year strategy, our 2020 Vision, and the move to No.1 London Bridge.
Howard Kennedy has a clear vision to be a world class London law firm providing excellent and innovative service to our clients here and abroad and that is being realised in the financial results achieved last year.”
Our growth is also attributed to the hard work of all our staff and on a renewed focus to drive profitability as well as top line revenues across the entire business.
In May 2016, Howard Kennedy announced the restructuring of its partnership, creating a one tier full equity partnership for its 52 partners.
The Howard Kennedy 2020 Vision relates to its clients, people, sectors and the international strategy. The firm has begun to roll out a raft of new initiatives from client focussed initiatives from research and listening programmes to improving internal communication and collaboration in launching the ‘Howard Kennedy Way'.
Craig Emden has been elected to the position of Managing Partner effective from the 1st May 2017.
About Howard Kennedy
Howard Kennedy has 53 partners and numbers 350 people in total and works alongside national and international clients across many disciplines, including banking, corporate and commercial, family, finance, employment, dispute resolution, intellectual property, private client, real estate and tax. Howard Kennedy has particular focus on the Financial Services, Media and Technology, Real Estate, Retail and Leisure, Sports Individuals sectors.
Maitland, Public Relations firstname.lastname@example.org
Daryl Atkinson, Business Development & Marketing DirectorHoward KennedyDaryl.Atkinson@howardkennedy.com