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Forsters’ revenue hits £46m in sixth year of double-digit growth

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Forsters has announced its sixth consecutive year of double-digit turnover growth, with revenue rising 11.3 per cent in 2015/16 to £46.2m.

The firm’s fee income has now more than tripled since it featured in The Lawyer Rising 50 in 2004 with turnover of £14m.

The Mayfair outfit said its private wealth business had seen revenue rise by over 20 per cent last year, while its real estate team recorded a 14 per cent rise in income.

Instructions in the latter group came from existing clients such as Aberdeen Asset Management, Moorfield Group and the Crown Estate. Meanwhile Forsters’ property team won new work from clients including LaSalle Investment Management, Qatari Diar, APAM, Essential Living, and the Nationwide Pension Fund.

Managing partner Paul Roberts said the strategy of focusing on real estate and private wealth had been key to the firm’s growth.


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